Recent content by mss

  1. M

    Deducting Computer Cost

    They never asked for more detail. What I had was a high volume of trades with detail from IB, trade-specific software on the machine and another computer for non-trading activities. I considered it appropriate documentation but, if the issue had been raised, I might have had a problem. For...
  2. M

    Deducting Computer Cost

    I did it. My return was examined for that year. My return was ultimately accepted as filed. I am not sure what the focus of the audit was but, with regard to the computer, I just submitted the proof of payment. I actually had pretty good records demonstrating that the thing was used every...
  3. M

    the bush tax cuts. how well did they actually work?

    This slide summarizes my view of the value of Bush Tax Cuts.
  4. M

    Software that executes through IB

    I use Amibroker to figure out the orders I want to submit. I transfer the output to Excel. I get the bid/ask and the open in excel through XLQ and IQFEED. I think XLQ uses RTD rather than DDE so it is very fast with a lot of symbols. I used to submit orders directly from Excel using TWSLINK...
  5. M

    Should you close your IB accounts now?

    I was aware of this 10 minute period from some posting somewhere in the past. In fact, I think I might have proposed a ten minute delay at some time in the past. I have been in the situation where too many of my opening orders were executed and I exceeded my margin limits. Presumably...
  6. M

    Government now has their hands in your FOREIGN bank accounts.

    A copy of the law is available here. It is confusing and I think it can impose an additional tax on a non-complying foreign bank or other payor. On the other hand, if the bank complies and payments are appropriately withheld upon, I believe those amounts are simple withholding and treated...
  7. M

    Opening Orders at IB

    I regularly submit some opening orders at IB. I have no complaints. A fair number of orders, though, that were not executed look like they could have been executed based on the opening price. Presumably, things like the availability of stocks for shorting and the size of the opening trade...
  8. M

    Opening Orders - 2009

    For some reason, the links are saved the same way they appear in the message. That is, the links have "..." in them. I think they will work if you change the "..." to "hread." mss
  9. M

    nyse / nasdaq equity list

    A good source is: http://screener.finance.yahoo.com/newscreener.html You can select on whatever criteria you want and then download all the results by choosing "export to spreadsheet." You can then edit the resulting .csv file with a text editor or use Excel.
  10. M

    IB TWS locks up every morning on the open

    I have had the problem periodically. I have turned off the "Create Audit Trail" feature and, i believe, I have had many fewer problems recently.
  11. M

    Where do I get fast internet?

    I have a 5 mbps service from RCN. It has been fine for my needs. My condo association just negotiated free service at 1.5 mbps. I am trying to decide whether to downgrade. It would save me $40 per month. I don't do any charting. I have bid/ask info streaming in on, say, 1000...
  12. M

    Software for IB Users

    I use XLQ to get data from IB to EXCEL. It uses RTD rather than DDE. I understand RTD is faster than DDE. While it gets data from IB, it also gets data from IQFEED which is my current preference. The data items can be embedded in regular EXCEL formulas. I use TWSLINK to send and monitor...
  13. M

    30 million in stocks sold in 2008; TurboTax doesn't work

    I put in fake numbers for gross sales proceeds and fake bases computed so that the net gain is correct. Then I print out the forms and cross out the fake numbers and put in the correct ones by hand. Since the net stays the same, I don't think there is a need to change anything else. This only...
  14. M

    00-04, 4 years of OUTRAGEOUS spending and Bush

    An operating surplus means tax revenues (exclusive of borrowing) exceeded expenditures. That was apparently the case in 1999 and 200. An operating surplus permits you to pay down outstanding liabilities.
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