Recent Content by OptionFool

  1. Recent bankruptcy trying to open margin account

    I was a millionaire, then lost it all in 15 minutes. I was set for life. I am in my 60s now and with no job for the last 20 years, and will have...
    Post by: OptionFool, Apr 3, 2022 in forum: Interactive Brokers

  2. Recent bankruptcy trying to open margin account

    Thank you. I tried to search for answers before I started a new thread, but nothing came up. What happened to me was brutal, so now I have a...
    Post by: OptionFool, Apr 3, 2022 in forum: Interactive Brokers

  3. Recent bankruptcy trying to open margin account

    I want to sell naked puts and calls. Will a recent bankruptcy filing be grounds not to approve a margin account? What is the min. deposit to open...
    Thread by: OptionFool, Apr 2, 2022, 27 replies, in forum: Interactive Brokers

  4. Financial qualifications to trade naked options on IB

    Does anyone know the minimum account size to trade naked options on IB? What kind of net worth and income requirements will they desire? Will...
    Thread by: OptionFool, Jan 2, 2021, 4 replies, in forum: Retail Brokers

  5. Tax loss carryforward after going broke in trade?

    Thanks for taking the time to reply. Bankruptcy is my ONLY reasonable option. I don't mind a weak credit score. I don't need credit. If I don't...
    Post by: OptionFool, Oct 3, 2020 in forum: Taxes and Accounting

  6. Tax loss carryforward after going broke in trade?

    I read "...losing a million dollars" last year and felt it did not focus enough on his emotional reaction to his losses. And his loss happened...
    Post by: OptionFool, Oct 1, 2020 in forum: Taxes and Accounting

  7. Tax loss carryforward after going broke in trade?

    Thank you. yes, if any brokerage will ever let me open a margin account in the future and I ever get any money and can trade again, and I end up...
    Post by: OptionFool, Sep 20, 2020 in forum: Taxes and Accounting

  8. Tax loss carryforward after going broke in trade?

    I never elected to declare myself as 475(f) trader even though I would likely qualify. If I had, I could have carried losses back 3 years on my...
    Post by: OptionFool, Sep 20, 2020 in forum: Taxes and Accounting

  9. Tax loss carryforward after going broke in trade?

    Bankruptcy is my only out. I owe almost $500k, I have no job or job prospects, and nothing to pay any of the judgment amount. If I live for 2 more...
    Post by: OptionFool, Sep 17, 2020 in forum: Taxes and Accounting

  10. Tax loss carryforward after going broke in trade?

    I am paranoid to post it yet, but I will after my bankruptcy is final. That should happen around January.
    Post by: OptionFool, Sep 17, 2020 in forum: Taxes and Accounting

  11. Tax loss carryforward after going broke in trade?

    I didn't start doing vol trade until 2016. I had 40% drawdowns in 2001 and 2008 and 15% in 2011. $1 mil is more than enough to retire with. (I can...
    Post by: OptionFool, Sep 16, 2020 in forum: Taxes and Accounting

  12. Tax loss carryforward after going broke in trade?

    Man's search for meaning has been on my "books to read" list for a long time, but I have not read it yet. I did read "Auschwitz: A Doctor's...
    Post by: OptionFool, Sep 14, 2020 in forum: Taxes and Accounting

  13. Tax loss carryforward after going broke in trade?

    Perfect storm. Was short Vix via short puts on svxy, was with a good broker in fall 2017 then switched to a new broker. went busto in one day on...
    Post by: OptionFool, Sep 14, 2020 in forum: Taxes and Accounting