It's their own damn fault! They had the SEC do the 25k daytrading rule which drove everyone over to the futs mkt. 25k rule never made sense...
what is your source? Give us links etc.
I am a MM and I take a lot of risk. Think I am just going to give you people a free ride?
can you tell us a little about your system?
reduce all your numbers to reflect what 1 ES contract is supposed to generate. Trade 1 ES. same principles to make money with 1 as with 100....
Option transactions aren't reported to the IRS. It's completely up to you what you report for cost basis and sales proceeds.
Options - no part of an options transaction is reported to the IRS. Futures - complain to IB ...if enough people complain they might change for...
I called the IRS and finally got to someone who knew something. The answer is simple and what I figured they might say. Attach a note stating...
this isn't like stock sales where they just report your sales and it's up to you to report your basis. With futures on all 1099s they calculate...
Just started trading the emini's towards the end of the year with IB. My statements and records indicate a gain of 4500 gross and total...
In search of a prop firm that doesn't require the trader to put up money and allows the trader to trade remotely. Is there such a firm?
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