First I will be honest and admit that I am 100% short right now. The question I have to ask myself is if I were flat would I want to go long? If...
keep in mind that lots of gold mining companies hedge to try to maintain a more level target price for their short term reserves. Because of this...
Eldredge Thanks for your reply also. I Trade futures mostly but love to read the options forum. I need to add a few good options books to my...
Maverick74 thanks for the fast answer. I figured that some of you guys would be awake. I have made some $ selling covered calls and it just...
A few of us traders not very educated in options were wondering if this would work? Lets use QQQ for this example. if QQQ is currently @ 35...
You guys ever trade the ER? I have just started trading it a bit. Wow .. it has some great ranges and trends compared to the ES. Love...
I could talk along time on this subject but I wont. I think paper trading with a "GOOD SIMULATOR" is a great thing for new futures traders....
I have been trading the YM every day for over a year. I do like it alot but it does have some teeth that you have to be aware of. Because of its...
I have to laugh a bit when I read the description of a wash sale. Its usually something like 2 trades of the same stock over 2 months example....
I think the IRS is talking about moving the snake venom futures over to the section 1256 type so I can start trading those in 04 :cool:
As long as you trust your IB 1099 statement at the end of the year you can use that figure but you should still keep a log of all trades in case...
I finally got it all figured out today. I decided to spring for the commodities sample tax returns kit from the Green Trader Tax site and...
Form 6781 is used for all traders even if they have not elected "Trader Tax status"?
The Tradekeeper software gives me my total futures P&L so that should work great. I guess I need to report my SSF trades along with my stock and...
Are SSFs reported the same way??
Thanks market_man76 ...2002 was my first year trading futures and this is new to me. This trader tax thing sure adds adds to what is...
So for futures the IRS does not need to see every trade? They only need net gain and losses and total contracts for each future traded....
After playing with the Excel #s a bit it seems that it needs the larger amount or else it needs a multiplier (50) If i use the $1000. amt. it...
I am just putting the wraps on my 2002 taxes and have a question. yes I know, its a bit late ... Is there a standard method for reporting...
Ditch, Are you using a browser TWS or do you have TWS installed on your computer?
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