opening up two accounts to trade bid and ask?

Discussion in 'Trading' started by noob_trad3r, Oct 14, 2010.

  1. spindr0

    spindr0

    Wash sales aren't a problem in a single account if all positions violations are completely closed by the end of the year and you avoid re-entry for 30 days.

    My guess is that transacting in two separate accounts does not get around PDT rules or wash sales. Whether they are clever enough to catch it is one thing but the IRS sure knows how to write regs that make more taxes due now :)
     
    #11     Oct 14, 2010