Questions for full time trader

Discussion in 'Professional Trading' started by wohc, Dec 9, 2005.

  1. wohc



    I'm planning to trade full time next year from home. And I'd like to get some inputs for my questions from experienced guys here.

    1)When and how do I elect trader status? Before April 15, 2006?

    2)Do most of you use mark-to-market accounting? Why or why not?

    Thanks a lot.