Recent content by automated

May be I don't know it, You should have a search function: by "threads started by". You currently have function "posted by". Thanks.

USA tax rate short term capital gains (<1 yr) is maximum 39%, long term 20%.

Any one looking for accountant specializing in traders, don't hire "tradersaccounting.com" Just got done talking to them, "the 30 minutes free consultation" (i definitely did not want to tak the whole 30 minutes, because after 5 minutes i knew he had no idea what he was talking about)...

I pasted the following code from one of TRO's old messages from another forum from 2006. To TRO or anyone else, What i understand this code is trying to do is to give buy (or sell) alert when the current bar close is equal to or above the midpoint of today's and yesterday's range. I don't...

Handle123, Thank you for the very to the point information. I appreciate it. I have been trading oil for few years using charts and TWS. Even though i have looked at DOM in past, never quite understood it. Now in the process of looking for cheaper commissions i am forced to look at DOM...

Why not open an account directly with an FCM? RCG or PFG. Both large FCMs. I am right now negotiatin to open account with them, same commissions and free Onyx platform

Its is lot easier for you to go to IRS site and get the answer rather than all the know alls (not really) here. Loss of the first pair is added to the basis of next buy of "substantially similar securities" within 30 days.

After reading through this entire thread, i am not sure what is what. i am sure most of the responders are seasoned or professional traders but many of the responses make no sense. The formula he said is trading profits - loss - commissions - 50%. You are never responsible for any money out...

Guys, if i sound like a jerk, i apologize in advance. I have been futures trading for several years, with some success. I have heard of the term "prop trading" often. Please enlighten me: Do the prop firms have their own "trading system" and you trade their system only. If firm is...

To Tortoise: I have used Book trader in other platforms but at IB i prefer the TWS plain because i find it much easier. I looked at the JPG you have attached. I have no idea what "book trader price means". I am guessing that it may mean the market bid ask from the book but that is a guess. Yes...

I pasted it from another forum, thought it might be useful to readers here. Making $150,000/ month trading US stocks. This is what a young lady trading in New York, who appeared in Active trader magazine March 2001 edition was making.It was given to me by one of her bosses to give an...

Sounds like trading is your full time job. Do some math and figure things out. If you draw 6000 a month, 72000 a year. You perhaps will owe 15000 in personal federal income tax plus state tax etc. So, your total needed is close to 90k. You are not going to make profits every month. There will...