I have a good impression of Len Rogofsky: http://www.taxesfortraders.com/welcome.htm
I have been thinking about using a C corporation too. NOTE: This discussion should not be a substitute for competent professional advice. The...
I cannot recommend a specific simulator, but I advise extreme caution in using any simulator. No simulator can tell you what it feels like to...
I think you're wrong about government information. Check this Web page: http://www.irs.gov/taxtopics/tc429.html I think it is easy to read...
This sounds plausible. If the trader were doing a pairs trade repeatedly, he could have a huge gain offset by a huge loss. IRS only cares about...
It's my understanding from talking with active traders who do not trade through an entity (LLC, corp., LP), that getting audited is pretty much...
The interface to your broker will vary depending on the broker. I like IB because they have a good (and free) interface, and there is an active...
I was a professional programmer in a prior lifetime, but I am self-taught in PC programming. I have used VBasic, C++, and Delphi/Pascal, but I...
I have an older Logitec cordless with scroll wheel. It eats batteries like crazy, but I like it otherwise. The "tail" of a regular mouse gets...
There is an updatePortfolio() event that fires about once per minute to show what's open. If you monitor that, it should keep you informed.
The best book I have seen is "VBA Developer's Handbook" by Getz and Gilbert. I also have "Excel 2002 Power Programming with VBA" by Walkenbach,...
"Bot" is computerese for "robot". In this case, it is a program, not a complete machine that can move under its own direction. I'll be...
IRS Tax Topic #429 (http://www.irs.gov/taxtopics/tc429.html) covers filing as an individual trader. Being a daytrader does not automatically give...
So far nobody has used technology as effectively as IB. Their API is the lowest cost and simplest to use IMHO. I also like the universal account...
I use TeleChart (http://www.telechart.com/). It's not free, but it is reasonably priced and pretty clean.
I have written grey and black box systems, and I would not trust any commercial products to run unattended. I never set out to write a system...
If you're just starting out, I recommend "The Market Maker's Edge" by Lukeman:...
The California plan is not available for fewer than 2 eligible employees.
Diamonds (DIA) is an exchange-traded fund (ETF) that trades like a stock and tracks the Dow 30. Most stock brokers can execute a DIA trade for you.
*All* trading discounts the future. I am not sure why you would want to trade the current Dow, but you can always trade the DIA or options.
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