Recent content by browntrading

I did not take loss earlier as I was thinking it will come back and I will not have to take a loss.

Hello All, Last year (2019) I setup an llc (s-corp) and had trader status for my filing. I usually day/swing trade. This is my full time job and plan to continue this in future as well. This year in 2020, I had more than 1500 trades & huge $volume as well but this was concentrated in the first...

Hello All, Last year (2019) I setup an llc (s-corp) and had trader status for my filing. I usually day/swing trade. This is my full time job and plan to continue this in future as well. This year in 2020, I had more than 1500 trades & huge $volume as well but this was concentrated in the first...

I am US based, new to fulltime equity trading, have recently formed llc (scorp election), i have booked some wining trades but have some losing trades (which I am holding to sell at approprate time), wanted to confirm from trader bro's, do not have to file Quarterly tax with IRS or is my...