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Don, somehow I knew you'd have something to say about that! :)

I'm trading with a proprietary firm, will receive a K-1 at the end of the year. I understand that I can also deduct outside expenses as business expenses, but not sure how to do that. If I have it right the K-1 income/loss is reported on Schedule E (partnership income/loss). Where are...

Slingshot orders (exits) - How do you determine on which stocks it is best to use a slingshot order, and which not? I see some that make a quick move then reverse (HIG example today), and others which despite some pullbacks will eventually fill the gap - a slingshot order without a reentry...

Move to Arizona - we don't go on DST. The LAST thing we want to do in the summer is save daylight - the sooner the sun goes down, the better.

I compared a year or so ago when I made the choice, so you should do your own comparison now, things may have changed. At the time I believe Profunds had a wider selection of funds, tht was the major factor in my decision. Not sure if that's still true. I recall reading a comment by a...

Another approach to frequent trading (but not daytrading) an IRA - Profunds or Rydex mutual fund families. You have one move per day, end of day at NAV, but unlike most mutual fund families they don't restrict frequency of trades - you can trade every day if you want. Also, they have...

Took and passed the Series 7 today, it's a tough test but very do-able if you prepare properly. Study materials - BiSys - www.bisys-education.com. I used the study course but did not sign up for the live classes, this worked fine for me. The course covered everything I needed to know, and...

Don: Not to begrudge you the time in the morning, but I still really appreciate your comments and tips. Thanks for your willingness to share. Gary

Maybe I've missed it in skimming this thread, but I haven't seen anyone deal directly with the "trading is gambling" point that the naysayers. Several have used it as part of their arguments. Trading and gambling both deal with probabilities. The underlying objection behind the "gambling"...

Not sure I understand the entire concept of "terror futures", but the first thought in my mind is . . . . who's likely to have the biggest edge? Profitable trading needs an edge, and in this case the folks with the best edge are those closest to or within a terrorist organization. It would...

I'm not an expert on ETF's, but your broker's answer seems to indicate that they have a thin inventory of these shares, perhaps there are relatively few shares of those funds outstanding in general, or it happens that this particular broker's customers do not hold many of those shares. Since...

In most of those countries, it STILL costs a lot of money BECAUSE it is a basic right . . . most of them have much higher taxation than the U.S. Taxation by country as a percent of GDP (1999 numbers): U.S.A. 28.9% of GDP U.K. 36.3% Canada 38.2% France 45.8% Germany...

Also a newbie, started trading about 9/2003. Not yet profitable, lost more capital last year than intended, but still have capital to keep going. I overlooked the capability of ticket charges to cause loss of capital during the learning curve. I selected a good, small, local retail broker...

This is after tax season is over, but here's what I did with about 400 trades for 2002. IRS has a Schedule D-1, which is a continuation sheet for Sched D, many more lines. I used it as a format to create Excel worksheets for short-term and long-term transactions. I do my taxes in TurboTax...

The local financial news station here in Phoenix uses real-time data provided by one of their advertisers, a local brokerage who uses RealTick. They clearly have been having data feed problems for weeks - you hear them on the air hemming and hawing to prevent dead air while they wait for the...

I'm looking at using the ADX to select between a Stochastic and a moving average crossover system as appropriate for trending vs. channeling/cycling conditions. Can anyone shed some light on the difference between the ADX indicator displayed in RealTick and the ADX function in...

Can anyone pass along experience or recommendations on OmniWatch software or the related SignalWatch service, particularly for system development and backtesting? Gary