Recent content by egusc

What is anyone doing to earn interest on cash balances held overnight at IB. Are there any smart options available. Thanks for any help.

A lot of exaggeration, half truths and some bad info on here. First, the best largest National CPA firm's clients get audited all the time. I have pick up many clients that are wealth individuals that prepared there own returns. While many screwed up, many did an outstanding job. Some...

Noone is that stupid.

I used to get some timber fills, but never now. I trade the same 24 stocks everyday. I trade 1,000 to 2,000 shares a trade and freaquently try to hit the bid or ask. It was nice when timber would fill the entire order, never did get a partial fill with timber that i remember. I thought...

There is no maximum rule. However, the general rule for expenses is that it must be an ordinary and nessacary business expense. So the dollar amount of the expense must bear some relationship to the possible income that a typical business would expect.

I almost always use smart for NYSE, but there are two ways that it has backfired on me. First, when there is a freeze in the NYSE book and the specialist gaps the bid and ask. IF someone places and order at an ECN that is better than yours IB smart order price, IB will move your order from...

Two things, make that 3. Partnership expenses not included on a K-1 are a separate line item on Sch. E, there really is no question this is OK. Sch. C is for sole proprietorship not partnerships. If you do put partnership expenses on Sch. C there is no penalty or problem if audited. So...

Since we are talking about ZA, here is my problem with IB. When using IB my computer does not "ding" anymore to alert me that i had a fill since i installed Zone Alarm. I really like that feature since i have many open orders in at times. Anyone know why and how to change it. Thanks for any...

I use zone alarm and do not have a problem adding charts in E signal. Just added a new chart in E signal and it worked fine. Good Luck

Proudrebel is right. I change price on limit orders everyday and am ALWAYS charged the lower commission as if the order was filled all at once. These other people must not really trade at IB or i get a hell of a deal for a couple years now, thank you IB. On a 1,000 shares i am always charged...

I used to get TMBR fills on NYSE freaquently, everyday or two but its been a long time since i got a fill through TMBR. I just checked its was a fill for XOM on 7/15/3. I miss the old TMBR. anyone know why TMBR stop filling orders? Thanks

On 10/2/3 Don posted that his bootcampers will soon be doing 2,000 minimum and i thought that this just got a little more difficult to make money at. There are a lot of people doing opening orders these days on the same stocks and all looking to exit at the same time. and on top of that you...

General partnership rules allow a partner to deducts all of his expenses related to the partnership that were not included on the K-1 that were paid with his personal funds on schedule E of the individual tax return. So you can deduct training fees, magazine, internet connection, and other...

I have heard on TV that there might be a new rule that if a specialist wants to step in front of a existing limit order to fill it with his own stock he would have to improve the limit order price by 5 cents or fill the existing order on the limit books. The specialists are suppose to have a...