Recent content by rmmsmh

If you sell your mutual fund like you sell your stocks then you have to pay tax on the gains or claim your losses. The gains made in a Mutual Fund by the managers are distributed at year end as Capital Gains Dividends. You cannot defer your gains on your trading account unless it is in an...

Wash Sale rules do not apply to commodities under 1256 contracts. It does apply to securities like stocks and options.

Thanks for your help. Happy New Year and trade well.

Ok, I see what you are saying. From my example above it should be: 20 options on IWM with a delta of .50 = 2000sh x 76.50 x .50 = $76,500 1 ER2 contract = $100 x 765.00 = 76,500 so 1 ER2 contract = 20 options on the IWM with a delta of .50 as an equivalent trade. I guess what I am...

Hello, I have been trading for several years and this last year traded options on the IWM exclusively. I had a good year and have netted about 57 points on the IWM options with an average of about 10 contracts. My problem is with my system and account size of only $50,000 I have averaged a...

Limit orders are superior to Market orders in most cases. With a limit order on a buy to open above the ask price, I am often filled below the ask price. With IB you can get a lower commission if you are adding liquidity to the market buy buying between the bid and ask which will only happen...

I have been a Qcharts user for the last five years and have recently changed to Ensign Charts. I always liked the look and ease of use with Qcharts but the slow quotes and recently lost free NYSE delayed quotes forced me to change. I am a Registered Rep so I have to pay Professional Fees for...

Hello, I am new here and was wondering if anyone can recommend some good Front End software for trading options through IB. I have been trading stocks and options for about eight years now and have been using Ninja Trader for stock entry with targets and stops entered together. It's a decent...

Hello, I am new here and was wondering if anyone can recommend some good Front End software for trading options through IB. I have been trading stocks and options for about eight years now and have been using Ninja Trader for stock entry with targets and stops entered together. It's a decent...