Unexpectedly bad UK GDP
You and me both, brother. I've been trying to retool my models based on the behavior since March...few of my proven techniques have been working.
This is obviously bullish for Friday :)
:)
Well, there are certainly other reasons to create LLCs, and the things that you mention are certainly valid (assuming that you adopt...
well, sort of. If you've elected trader tax status (in general, if you're claiming to be a full-time trader), then you are not subject to the...
833.50 ... that's quite a fill, though I think I'd go long from there :)
I'm with you...for most solo traders there isn't too much advantage to an LLC structure per se. It becomes more important if you have more people...
..there are some other, relatively obscure exceptions, but this is correct in most normal cases...
This is generally correct -- LLC's are designed as pass-through entities, and they don't pay (most income) taxes, they are paid by the owners of...
As always with taxation, the answer depends on the particular situation that the OP has, and also depends on a number of decisions that they...
LLC is a pass-through entity. As such, you get taxed on the income from the LLC just as if it was personal income. If you're trading futures,...
...how about ZN instead of TN :D
ES might be 10%. In Jan, my volume was mostly in QM/TN/EUR/JPY.
I took some pretty severe (50%+) drawdowns in some of the early days. For my money, that's blowing out an account. At this point, my trading...
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