Its 40% dumb,25% attempting to goad members into offering him 'proof' of what works(as he has since he joined) and 35% laziness.
Would you make a better decision(trading or otherwise)after 15 minutes of research and thought or 4 hours of research and thought? Successfully trading 2 contracts is more profitable than successfully trading a single contract.That is not theory. I'm surprised that you haven't understood what I've said.
You are missing the point. I asked a person who said trading was a business if done full-time those questions because I see trading as playing a game not running a business. I own a small business as a passive investor and have commercial property as well so I’m well aware of what it takes to run a business and trading is unlike either and more like a video game. You want to bring tax definitions into the discussion, I get that. But I didn’t ask whether trading income is taxable or if expenses are allowed as Schdeule-C deductions.
Geez really, tiddlywinks missing the point? Think not https://www.irs.gov/taxtopics/tc429 This topic explains if an individual who buys and sells securities qualifies as a trader in securities for tax purposes and how traders must report the income and expenses resulting from the trading business
The 200 seat restaurant down the street is different than the lawn maintenance business owned and operated by two friends. So your point is trading is unlike other businesses. Brilliant!!
I'll give you that the more experience you have, you "should" make better decisions. Percentage wise trading multiple contracts is no more profitable than trading one contract. Where it gets tricky and emotions come into play is when you start looking at the dollar value of your trade. The reason I said that assumed this was in theory is that I'm assuming you are not a successful trader yet.
Okay smart ass. Why don’t you take the baton from deadduck and answer the questions. I think you said you trade futures so you shouldn’t have any problem discerning them from stocks. What is the product/service and who are your customers/clients? Don’t say I should already know. I don’t know. Actually I do. There are none. But I’d love to hear your views.