Yes, FICA = SE tax in this case. If you put away $50k into your solo 401K, then the SE is quite large. But it may be still better than paying IRS...
1. Divergence from stronger dollar/weak EUR; 2. Strength on still weak fundamentals; 3. Strong up moves on so-so econ indicators. CL has...
Energy spread trading is not good for everyone. It is actually boring most of the days since the daily movements can be small. It is only good for...
IB offers both "Smart" and "direct" spreads. The "direct" bid-ask is narrower. I never use "smart" and never pay attention to it.
Spreads are traded electronically. I believe there are 3rd parties that maintain some matching mechanism. If I remember correctly, TT maintains...
Do not know what you meant "ideal" trading hours. Most of the CL activities happy at the first 1/2 and the last 1/2 of the regular floor session....
Energy spread trading has a relatively high return/risk ratio if you really understand how the spreads behave. A lot of that is fundamental...
I think it depends on the broker and the screen. Most of the screens have the entire matrix or grid for all the spreads, front to back. So the...
Energy spreads are very liquid. If you have TT Trader, you can even trade butterfly and condors easily. For butterfly, it is a spread on two...
I already own a LLC for several years and know the reporting. But it is not a trading LLC. No experience with a prop shop. I'd rather trade my...
I only stated what I think. It is great to hear some great idea. I may talk to other accountant to see this makes and works. As for me, I can...
I get it. So it is a strategy, and you'll have to explain this to IRS. I do not know if this is legal. Here you mix the two together: personal...
Then how do you report the reset of capital gain (trading profit)? in schedule C? I do not think your can separate the capital gain (trading...
I'm not sure if this is correct. If you run your money like a fund, all gain/loss and expenses go onto the Schedule C. Since you trade full...
Hi, I understand most of the differences of solo LLC over no LLC. My question here is on the LLC earning. If I make $$ from my LLC, say $50k...
Na, I'll just give eSignal a look. The platform provided by my Broker is good enough for me know though I missed some of the real-time news.
>$500 is a little too much. The CQG may be priced at the same range. The ProphetX would be somehow cheater. I've not tried the regular eSignal...
This is the software: http://www.interactivedata.com/index.php/Contents/show/content/FutureSourceWorkstation I like the Energy Workstation....
This is not a huge spike. When Blue Gold (sp?) had trouble, I think CL dropped like $4 or more. With all the auto trading system and the stop...
Most of the day trading technics apply. Then you can analyze the wave counts, ratio retracement (Fabonacci, etc), and other technicals, like MA...
Separate names with a comma.