What do you mean ? That YOU can't make money at it?
I know plently of successful traders, many with different styles.
Daytrading is the best...
You need, at the least, to spend some time looking for another job.
Buy a cheap starter home.
Unfortunately, you sound depressed. Don't...
I've been pennied to death already. Is it possible to be sub-pennied to death?:confused:
Ok, This is meant for anyone who is ticked that Don won't be specific about strategies. I
I'll share Don's 2 favorite strategies in detail:
I'd be interested to know Jem's opinion--I wasn't clear what the Chicago firm told him---do you have to pay SS tax or not?
The IRS web site...
There are NUMEROUS firms that will back traders:
2) Van Buren
etc etc etc
The MOST important thing is...
Leave this "tradin' thing" to the professionals. Us. We need less competition.
First, you can never go back....er, you WILL NEVER go back or
I will personally spank you, kid.
To the rest of the "industry," you are a blight...
$30,000. Definitely. Always net your REALIZED (not paper)
gains and losses.
This does not apply if you elect to qualify as a professional trader.
Section 475(f) is the applicable section of the tax code. I assume the question relates, in general, to FICA taxes on a "professional"
Separate names with a comma.