Recent content by dschubring

Today was a planned sit out day. I really hate when the Fed speaks and with the press covering it so closely I knew it was going to be volatile. Saying that I am a huge MSFT fan and I saw it popping early but decided to not trade it today. I have come to the realization that even though I am...

I am interested in hearing about how you handle input from your spouses when they give tips and advice on how you should trade. It sounds easy to blow them off and just say "I got it" But to keep a healthy relationship you probably need to do it in a tactful way. The reason i ask is I have a...

Elite TTS Professionals, 2020 was the first year I qualified for TTS and I have an accountant helping me navigate the taxes being TTS. My question is what write offs are you all claiming on your taxes being you are TTS? Here are some things I have been told by my accountant and was...

Winners don't talk

Throw traditional balance sheet and income statement analysis out the window for the current market conditions. I'm not saying do this for ever but right now it's all about hype and IPO's and playing the "Stay at Home" or "Return to work" or "Stimulus" stocks as news events are driving the...

Get a professional CPA and make sure they know about TTS/M2M It's worth the expense. Plus it's really not that much money to make sure you have a pro in your corner. I meet with my accountant at least every other month and even more when it comes close to filing time. He also filed all the...

I believe no doc loans are a thing of the past sine the Frank - Dodd act. If anyone has a line on where you can get one I would be seriously interested in that info.

AWS, Azure and Google Cloud all watch for Bitcoin mining activity. They really don't want you using their infrastructure to do that.

It's all about the spread when you are scalping. I am a scalper that has made nice returns for about a year and a half now. You are automatically down when you place your trade so you are at a disadvantage right away. In my experience, I have tended to trade stocks with tight spreads. Tight...

1) Keep it simple and start with day trading individual stocks 2) Start with small amounts 3) Don't loose more than 1% - 2% of your capital per day 4) Be in CASH at closing time.

I just moved to Sarasota a month ago and have been day trading full time for the past two years. I am interested in connecting with some people in the area to discuss day trading topics like the ones presented in these forums we read.

Andrea, here's an update: I took your advice and it worked out pretty good. I got into MSFT at $215.76 on Thursday morning just after the market opened. Then BAM... the market tumbled. I did not get out at a controlled loss like I should have and saw it plummet to even further losses. I...