Discussion in 'Trading' started by Nelson1980, Feb 6, 2003.
Can it be done? I mean, is it legal since you don't have to pay no taxes on any gains.
yes, see past thread of the very same subject
i was reading an interview in the new active trader about a trader who trades through his 2 roth accounts. he says that this is one of his key success factors, and wonders why so many traders neglect this principle. i would love to hear what others traders have to say about it. i am an inquiring mind also.
Wonderful idea. Im in the process of rolling
everything over to my IB IRA
nkhoi, can you find that thread for us since I can't find it.
How can one person have two Roth IRA accounts?
Roth or any IRA is on a cash basis not margin.
Therefore, T +3 applies.
Correct me if I am wrong.
Yes the Roth is nice, but I hope the Bush LSA plan passes. If it does, then we'll be able to take out the gains tax free whenever we want.
Yep, except options are T+1. It would be cool if IB allowed futures trading in an IRA. I don't know why they don't, since some of their competitors do.
Yes it can be done. I have a roth IRA that I trade futures with. You need to set up your account with trust company like Northstar.
Found the previous site nkhoi referred to:
Separate names with a comma.