You're pretty close. You should send IRS a letter in 2007 if you want to qualify for MtoM in 2007. Below is a form letter that can be helpful to...
http://www.irs.gov/publications/p550/ix01.html This link contains everything you need to know.
Trader status by itself offers no benefits. It does not reduce your taxes by itself. By electing MtoM your gains and losses are treated as...
You can file for trader status within the time period allowed. However, it is for the IRS to decide if you qualify for trader status based on...
correction: replace dissemiated with disseminated.
I also think our holdings at clearing houses are scrutinized ,summarized and regularly dissemiated to Specialists and MMs courtesy the long arm of...
I remember that day very well. Feb 1 2007. In afterhours trading on Jan31, 2007 the stock was down 1.4%. In pre-market on Feb 1, it was trading up...
You bought more at 540? You've bought at a price that google has never reached yet?
"Moreover, it found that specialists routinely discriminated against orders from brokerage firms that catered to day traders." This phrase says...
The only way you can verify speed and accuracy of level2 is by comparing ameritrade's level2 platform with another direct access broker's platform...
The above is true only if your margin equity as a percentage of total market value is 40% and above. If your margin equity falls below 40% as a...
This situation applies in a few scenarios: 1. If you want ro re-invest your money with another brokerage, you will have to wait T+3 before you...
Classic denial syndrome.
60 minutes did a piece on him which was quite informative.
It is not a question of tipping his hand.. If I place a 1000 share order through UBSS, i can see my 1000 shares under UBSS at the inside bid.
Excellent article. If you're long you should be shall we say a wee bit concerned? It will also be interesting to see how investors will treat...
I have to disagree. Look for UBSS. He is the marketmaker for Cybertrader. He is extremely active on all Nasdaq stocks. Of course anybody closely...
There was a huge run up before earnings. The stock is at all time highs. Their earnings were ok but not as convincing as they usually are. The...
I'm just curious. I don't have an account with IB. TMBR used to be really active on most nasdaq stocks. They are no longer so. Have you changed...
You can throw all this shit out the window
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