Recent content by futures_loser

last year i traded futures only full time and selected MTM trading using form 3115 last april 15th. i realize i lose the 60/40 treatment. i wanted the tax loss insurance to offset my wifes earnings if i lost money. realizing this was my first year .. i knew this was going to take me a...

i trade only futures, and 2007 was my first full year i elected 475ii with form 3115 last april for mark to market election and trader tax status knowing that i would probably have losses my first few years. after 1 year i have losses totaling 23,000.00 (not good, but not that bad overall)...