Recent content by lucas.tychrom

Oh yes, I forgot to mention the assumption that I don't qualify for trader tax status.

I've seen some web pages saying it's better to incorporate (e.g. LLC) for tax purposes, even if you're only day-trading your own personal account (not anyone else's money), so that you can deduct your expenses (equipment, electricity, etc.) in your tax return. Is this true? Are there any...

1. That is correct. I should add that the profit-to-loss ratios are also pretty good (>2) as long as my trades execute without significant slippage. 2. That's my problem: all I can be confident of right now is my predictions of the stock price movement, not my trades. To get a track record, I...

I have built an automated system that seems to be able to correctly predict upward stock movement with about 65% precision (i.e., whenever it makes a prediction, it is correct 65% of the time). The problem is that the prediction horizon is on the scale of minutes, so we're often pursuing price...