Yes, tried that. It makes it difficult. I don't understand why they don't show previous days P/L? All their competitors do!
I am starting not to like their charts either.... Time to find another platform.
They only show same day's P/L and not prior days. You then have to go to Schwab.com to see your total P/L. I am thinking of moving my account. Looking at my prior P/L is the only way to trade for me.
I also tried Fidelity's Pro platform and it was really bad.
Any suggestions?
I like to buy at dips or 52 week lows and wait for the stock to rise and then sell as soon as I can make a little profit. Then almost always, the stock goes up big and I have missed the huge ride up. I can't seem to discipline myself not to sell. And a few times I kept the stock it went down :(...
I agree and I am worried about the new tax laws hurting the housing market. If mortgage and taxes can't be deducted, it will totally hurt high end builders.
If line of equity can't be deducted, then HD will lose a lot of business.
I am trying to start a C or S corporation and trade under that. I am still not sure how that will help me. Waiting to see how the new tax law's pan out.
Thank you for this information. I currently have a loss of 17K in SOXL and it is a wash sale. I am thinking the stock will go up in Jan, so no need to sell now. But I wont be able to take my loss this year and have to defer my losses to next year, correct?
Thank you for your response.
Then how do you just follow a few stocks and trade in and out of them? I mean if I had to wait 31 days between trades, then I wouldn't be able to use this strategy. How do others do it?
OR maybe there is no strategy like this? I thought for sure there are some...
I am new in this. So bear with me. If I only follow a few stocks and keep trading in and out of them, like so many traders do, then many losses are deemed wash sales? How do others do this? Thanks in advace