Recent content by mitchell_1

NOooooo, not the Benevolent Order of Elks!!!!!!!!!!!! Well that settles it.

Yes, the unassailably correct answer to any tax question posed on EliteTrader is 'talk to a professional, dummy'. I'm most certainly not going to take any poster's opinion as gospel. But I've found it's still useful to solicit replies as some may have faced or looked into something similar...

I don't think this reply is quite on-topic...question isn't about legality of entering or staying in foreign countries...simply how to establish where one is a tax resident when living a nomadic existence. When you leave Canada, you are responsible for filing 'departure tax' / 'exit tax' forms...

Hypothetical: I am a Canadian citizen (i.e. taxed based on residency, not citizenship) I give up my rented apartment in Canada (and file the required exit-tax paperwork), and spend 2021 traveling the world, spending 1 week in 52 different countries, entering each as a tourist. I trade while I...

Simple Q: how much identifying info can be gleaned from the tape regarding who is behind options transactions? For equities, I'm pretty sure that some sources show you the executing brokerage (certainly not the individual account holders), but I've been unable to find similar info for options...

What's your data source, though? Like what provider are you streaming it from? And what's the "software" you're talking about? Something custom-built or commercial?

I want to populate Excel with data from several thousand different option contracts as quickly as possible. Real-time streaming isn't a good option for this, because: Most data providers limit the # of real-time quotes you can stream simultaneously (<500 in most cases); and That much real-time...

With infection numbers surging, it seems like we won't be back to normal until at least mid-2021. Given that I'll be staring at my own 4 walls for the majority of that time, I figured that setting up shop in a low-tax jurisdiction looks as attractive as ever (the quality-of-life / opportunity...

Can't tell how tongue-in-cheek this is meant to be...but presumably if you're a profitable trader at least one of your PnL's will be in the black. But regardless, this -- splitting long/short sides up b/t multiple brokers -- is something that's crossed my mind. Is is common practice among wary...

Something I've had a minor, but non-zero concern about for a while: to what extent are brokerage employees able to access client accounts and review a client's holdings or trading activity? (I'm an IB client but the Q goes for any brokerage.) Trading is a zero-sum game, and -- in addition to...