Recent content by Saint196

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    Bad NYSE TICK from IB?

    I don't have any way of comparing, but the high/low prices are sometimes off. I use the market data information which shows several prices, which serves my purpose. I don't have any problem with the options prices, my primary interest.
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    Form 1099 - Options Reporting

    This is my first year to file a Schedule D with options trades. The brokers do not report options trades to the IRS. If one then includes stock sales and options sales on Schedule D, the totals will exceed what is reported to the IRS. Can anyone tell me why options sales are not required to...
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    U.S. Economy impact if President fired?

    It seems to me that it is more important right now for traders to look at the tremendous hight percentage of bull out there right now. It has been proven many times in the past that 90% bulls in the market mark the sign of a correction, at best, and a downward spiral, at worst.
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    Computer freezes up??????

    I had a problem last year with my new PC. I started with dial-up and 256RAM using AOL 8.0. I crashed every several days and spent more time with AOL techinal service than the law allows. Finally I ordered another 256RAM memory and my problems disappearded immediately. Then I went to AOL 9.0...
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    What kind of scam is this?

    All I know is that I have made money by watching the Island trades after hours and several stocks I wanted out of jumped up to more than I wanted and I sold. The next day they went back to their normal price.
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    Bad NYSE TICK from IB?

    I don't have any problem with Interactivebrokers, I guess, because I trade options and stocks.
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    DELL

    Dell took a bath on Thursday and rebounded some what on Friday. I have nevere seen a company's balance sheet with all the green that Dell has. Based on the fundamentals, it would seem that Dell is worth $75 or more, but some reason the big money doesn't believe in it.
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    Looking to Band with other remote traders

    I suggest you look at Interactivebrokers, if you are a trader and looking for a low rate. I have looked at every commission offer by on line brokerage firms and not one compares with IB.
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    U.S. Economy impact if President fired?

    I am not sure what to say. Our politicos raved about the reduction in the tax rate for dividends. I have just tried to figure the tax rate on "qualified dividends" and it is ridiculous. It doesn't matter who is in the White House as long as we have millionaires and lawyers in the Congress, the...
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    i am using IB's Friends & Family account

    If you are talking about Interacivebrokers, I suggest you do a little study. I started with IB last August and quit before making a trade. They wouldn't help and I could not understand their work stations. I went back to them in September and now could not be more pleased. Their service and...
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    Daytrading and Taxes

    OMCATE/MSOSZYNSKI - I thank you for your replies. I am taking the liberty of asking another question. I have 5 different stock positions and 2 different options positions. MY last trade was on November 28. Of those positions only 2 stocks have been traded within the last 30 days and both have...
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    Daytrading and Taxes

    To: Crackedback and Nkhoi Thank you for your help and comments. I really appreciate them.:)
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    Daytrading and Taxes

    This is my first year trading and what a surprise I had reading IRS Pub. 550. I have just finished my spreadsheet covering 292 stock and options trades so far this year. Some days I have bought/sold the same stock 5 times. I have traded call options 2/3 times a day. My questions: Do I have to...
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    New Day Trader Needing Input?

    IB is certainly the cheapest to trade with. If there is any other on-line broker that can compete with their rates, it would be interesting to know. IB's minimum is $30 monthly, but if you make 6 trades a week, that covers it. There are other costs imposed by other brokers that IB does not...
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