Recent content by inquiet

Thanks Sig!

Thanks. So I'm planning to primarily daytrade options this coming year. I suppose the same wash sale rules apply? I know the posters on this thread aren't CPA's just looking for experience other traders may have had with this. Appeciate any replies.

Do most brokers add to the cost basis when daytrading options? Etrade makes the adjustments for equities in my case.

Well, statistics are limited , 1 day to be exact ...lol. PA imo isn't necessarily something that needs to be backtested if you have enough time invested in watching charts. Support/resistance, congestion of price for entries, while watching volume to create another trading trend. It sounds so...

Waiting for someone to ask that. I kept all my trades between 5-8 pts. Risking three to four pct. of equity on any one trade. This is what I'm concerned about, I need to be more conservative on any individual trade, I know it was partial luck. Just like one who reads a couple books about...

Ok, so I've been an active trader for many many years, primarily equities and currencies until I had a major account blowup three years ago. I had been holding an equity for several months and was deep in the red. Without all the gory details, a major news outlet erroneously reported one morning...

Every thing but the military?? LOL What a waste.

That pretty much sums up everything you need to know.

I care. This kind of crap is what's putting America on its knees. Go to www.change.org and look up stock act and sign the petition to let legislators know you want this stopped.