Scalping Futures

Discussion in 'Professional Trading' started by Ramses, Sep 5, 2015.

  1. Manuel

    Manuel

    Well said.
     
    #41     Sep 13, 2015
  2. tiddlywinks

    tiddlywinks

    All you folks suggesting "membership" are missing an important piece. Membership whether lease or buy, will affect your US taxes. In these cases, an additional 15.3% for self-employment, or FICA tax, on top of capital gains tax. Further, data costs will increase to the professional level in most cases. Also, an entity structure, with or without membership, may provide beneficial tax treatment and other benefits, which comes with its own set of ongoing operational and maintenance fees depending on your state and entity structure.

    So while it is fact membership will save money on execution charges and fees, unless you do some big picture calculations based on your particular daily and annual trading metrics, membership may not be a wise choice. Just saying.
     
    #42     Sep 13, 2015
  3. faust

    faust

    How'd it end up working out?
     
    #43     Jul 23, 2019
  4. Overnight

    Overnight

    The OP hasn't been here in over two years. Gratz on the silly old-thread bump award thing.
     
    #44     Jul 23, 2019