Recent content by TraderLT1

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    Achieving Trader Tax Status

    Now that they got rid of the carry back on losses and made it carry forward only they killed the MTM/trader advantage IMO. Can only carry it forward and write if off against future income. Bottom line if you took a major loss in 2021 it was literally the worst possible time to do so due to the...
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    Green Trader Tax

    I’ve been with green since like 2012 or so. The prices literally just keep going up up up. It’s like riding the Long Island railroad and nyc subway. Basic package is now a 22% increase in 2021 vs 2020. Quite frankly it’s getting annoying but to save $500 somewhere else isn’t worth the hassle...
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    How many of you on ET actually make a living from trading?

    I worked on wallstreet for almost 9 years and traded for the last 12+ years on my own. (I was not front office) I worked in operations at various large firms. During that time I made and lost many many small fortunes. Only in the past 4 years have I perfected my day trading strategy and have...
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    First year full time trader - Estimated Tax underpayment

    Hey guys, I've been trading for many years, but left my career job in 2015 to trade full time going forward as sole source of income. I already have Trader tax status for past 3 years along with MTM 475 election (yes you can work a job and have TTS) Anyway I've never been in a position where I...
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