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    CFMTrader Journal

    Second Installment I have been busy finishing up getting my trading account set up, and I'm ready to go live next Tuesday (I'm out of town on Monday). I have really focused on ES during practice trading the past two weeks. The movement and ability to make some money during the day are...
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    The business of Trading

    I set an LLC for trading. Advatages I see ... I will be desginating the accounting for the company an mark to market. From what I have read this will resolve some of the issues the IRS has with people running their trading profits and losses through their personal tax return. Using an...
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    On a scale of 1-10 how bad is our current situation?

    Right now I think we are at 4 I'm concerned that the current slow down / recession we are in could turn worse and take to 5. CFM Trader
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    Bush Says No Recession

    The look on Bush's face was a classic when the reporter bought up the idea of $4 a gallon gas this summer. He really looked shocked ... not even the how can I avoid this conversation look ... but the straight up oh sh** that would suck look we can all get when we learn something we were...
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    Right now, real estate is better than stocks

    daddyeaux ... LOL ... Let me know if you need financial assistance in replacing the possibly damaged cord for the TV. I sure you removed the cord in a hurry. CFMTrader
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    Brutal MSNBC Moment: Chris Matthews Crucifies Flustered Obama Backer

    I saw the interview when it occurred yesterday (Tuesday). Not sure what the guy did to Chris M ... but Chris ripped him a new one. Not sure the clip caught it but other people at MSNBC started laughing at the end when Chris again asked him about any legislation Obama had gotten through...
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    albuquerque - santa fe

    eurohunter I live in ABQ ... Just getting started in trading ... most likely stocks. I'm looking at going live in the middle of next month. CFMTrader
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    CFMTrader Journal

    Well ... here I go Brand new to day trading. I have been investing in the market for many years ... and have at times thought about day trading. I retired from my first career a couple of years ago and then took another job which I left at the end of last year. After working for the...
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    Who's been through an IRS audit?

    I have been audited by mail twice in the past two years. Each time it took the IRS about 1 year to ask about income reported on a W-2. The income was reported but through a LLC instead of being reported as personal income. I was expecting it since I had tried to get the orginization to...
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    The banks are broke, FRB:H.3

    Thanks for the link to the videos ... interesting. Such a significant change in numbers can't be a good thing ... regardless of the reason why. I think it is another indicator of the main problem with the credit problems the economy currently is experiencing ... banks are either unwilling...
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    I'm tired of IRS paperwork every year -- We Need a Change Now!

    Reduce the spending!! A simplified tax system would be nice ... BUT A couple of issues I see. Unless there is some type of progress element then it will never sell with the vast majority of Americans the minute they figure out they would pay even more taxes then they currently do...
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