Recent content by all.or.none

To answer your question, if you post a buy(sell) limit order at the bid(ask) then you are adding liquidity. Even at 1 penny spreads. The only special case might be a spread of zero ... but that usually happens when different ecns/exchanges have crossed spreads. So you might still get the...

I always thought you had to hold a position for at least 31 consecutive days to get the lower dividend tax rates. But I read an article in motley fool that said I need only hold for 31 days "in total" during a 60 day period that includes the dividend. That's extreemly useful for me ... and...

I swing trade listed names that pay high dividends. I never hold for the 30 days that are required to get the "qualified" dividend tax rate. But last week a great idea for saving tax money came to me while I was writing a VBA macro to do my wash sale calculations for me. Any way, my idea is...