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Is it true that if I do S corp or LLC it can only count on income I make starting from today moving forward? I cannot retroactively deduct against my own personal short term capital gains of $300k that I already locked in?

I made 245 trades just today so I know I qualify

Thank you for that. I trade regular equities, no futures/forex. Not sure if they are being honest, but they said they can write off expenses against the gains I already made in February and March even though they have passed for 2020

Green trader wants to charge $400 for an initial consultation. I wanted to ask this initial question to decide whether it is beneficial to even working with a firm first if I do not have many trading expenses like seminars and margin fees

I am up 300k for 2020 but prior years I averaged low 100ks. Not sure if anyone heard of Anderson advisors. Just wondering if they are a good firm. They mentioned writing myself a salary with a llc and I got confused and am wondering whether all these deductions are worthwhile. Can I get the...

Not sure what keyword you used to get 18 pages. I called 4 attorneys today and they were clueless Not sure what lesson is to be learned if I am using one of the biggest brokerages

Not sure what keyword you used to get 18 pages. Found out on Finra it will cost $425 out of my pocket win or lose just to file. Not sure if it is worth the hassle if it's not a clear cut case

I tried to find one in Los angeles, but it's hard to find one that specializes in that. Most attorneys I spoke with did not know the specifics of that type of law. Do I even have a case against robinhood in the first place?

So would I happen to have a case against Robinhood or does their ToS protect them? I was not advised of it until my order was stuck for 2 days and even then I could not even do anything. I even have an email trail of me telling them to sell several times And can you elaborate on mishandling a...

I would appreciate a list. The recent one with td was within 30 minutes of open. The one with Robinhood their server and app just crashed and was down for 2 whole days.

Thank you for replying. I somewhat know the answer, but I'm hoping some posters might prove me wrong and said they fought the brokerage and won to give me hope. Something worse happened to me with Robinhood 3 years ago and I never fought it and switched brokers. That one cost me $22k. I'm just...

What usually classifies as negligent?

Do you know anyone that actually tried to fight it and not let the terms deter them and won?

See. That is really messed up and what I am afraid of. I usually ask them to bust the trade when something like that happens. Not sure if they will reimburse if the order instead expires if it was never sent to market and cost you an entry or exit point which is what happened to me this time...

Hmm, so maybe through arbitration I can at least get something back. This gives me a little hope I guess

I am actually PCS so I have a direct line and when I called it still took them 20 minutes or so to research what the problem was. For volatile stocks, 20 minutes is an eternity during market open. TD has been a mess of a brokerage lately. This is coming from an elite client Might give other...

So as a client that trades large lots of volatile stocks, is it even possible to get compensation?

How did you know? Lately, their servers always freeze constantly as they have been overwhelmed during market open. For the past 2 weeks during the first 30 minutes of market open, I have to pray their system is up. It really is killing my overnight holds

Hit submit and my order was a pending limit order for 8 minutes before it hit the market. When the server unfroze and it finally went through, the stock was trading below my limit and I had to sell it for an extra $5 a share loss as it was dropping. Cost me $15k

Thanks! Going to move out after April tax deadline so only first 4 months in CA. I'm wondering more how state trade taxes are determined though. Will it be based of settlement or sell date on the day I leave CA? I'm afraid it might get complicated since I place about 200 daytrades a day