IRS is rather vague as to the specifics. Where do those rules come from?
I am a long time LVX user; opened the account back on the days when they were on Montgomery St in San Fran. Met with the founders a few times....
The trick is to strike a balance. Easy said than done. At least 15 to 20 positions in order to manage risk effectively. Then how to weight each...
The big mistake: the underlying is too concentrated. You have to spread the risk to include equities. I would argue that most holding should...
You are not a trader until you know you are only as good as your last trade.
I am a position trader using leverage to manage a medium-term portfolio consists of a basket of stocks and options. Looking for another trader to...
No one can beat their margin interest rate.
You may also write a bearish call spread further out of the money to finance the put side since it won't require additional margin.
I am going to pick 5 stocks for the 2nd half: gimo, data, yelp, snap, twtr I would put them in equal weight with $10,000. each for a portfolio of...
If you have an introducing broker in front of IB, you may get a better commission from that broker, especially if you trade options. But the...
You are only as good as your next trade. No one can steal any system because no system is perfect.
https://www.sec.gov/litigation/admin/2015/33-9991.pdf
I am in the City. I trade equity and equity options.
Dig out old files and realized that I actually put in 140k in 2008. During the following three years I withdrew some and deposit some with net...
I did add cash at the end of 2008. Forgot how much. I belived it was 100k. My starting balance this year is 756k. On October 31, 2008, my balance...
Thank you, John. I like the advice of buying SPX put as a hedge against the portfolio. It is a cheaper insurance. Yes, the first year is very...
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The following is my trading records for the past 4 years: 2008 -93%(-630,000) 2009 +215%(226,000) 2010 +95%(367,000) 2011 closed the...
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