I have a mutual fund that is occupying 100% of my account. If I place an order to sell it, can I buy another mutual fund the next day?
That will incur higher costs than the tax % * my computer, because I am in CA.
If I don't have Trader Tax Status, can I deduct my trading costs such as computer, books, and network costs against my investment income?
All great points. Thanks so much for your time and information.
As you have brought it up, this 5) is actually pretty important. It may make the...
Thanks so much for your detailed reply.
One thing unclear to me is why you didn't choose route 1, the RIA route.
From your explanation it appears...
Where do you find information about the $400k limit? I searched the NFA website and I only see the 15 clients limit for exemption but not the...
Could you give an update on your situation?
After you have completed the series 65, are you able to charge fees on IB?
Have you incorporated to...
Thank you very much.
If the hedge fund (such as a CTA) trader trades futures, does he need the Series 3 exam?
Is it also not needed because's it's LP's money, like the...
I don't understand.
Hedge fund traders trade clients' money. Doesn't it mean that they need to be registered as Registered Investment Advisors,...
Does an analyst employed at a hedge fund in California need to take Series 7 and 65?
How about a trader at a prop firm in CA?
I use my margins to trade many ETFs which include some muni ETFs (such as MUB).
I heard that I can't deduct margin interests on muni ETFs since...
May I ask what that IB alternative is?
When you use Guerrilla, do you use normal Guerrilla or the Float Guerrilla?
Would there be any improvement when using the Float one?
Do you know if the Fox River algos are supported by IB's API?
I can't find them in the GitHub docs.
Is there a way to use the API to find out the list of all available months for a futures ticker?
For example, for ZN, is there a way to return the...
What is the advantage of such prop firm over a retail margin account? Just a larger desk?
Great information, thanks.
May I ask what "FO" means? Front office?
I am in the Bay Area in California.
I saw you mentioned SF in your earlier post, so I tried to ask.
Separate names with a comma.