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I totally understand bankruptcy laws. I also understand the hypocrisy of “personal responsibility” and idolizing people who use bankruptcy to screw creditors while keeping their lavish lifestyles.

E*TRADE allows it. Vanguard allows it. Probably 2x a year i transfer money to other entities, some on the order of your hypothetical example. It’s a serious lacking in a service that would benefit wealthy people who have private investments.

yes. But also down drift works against you: -1percent, +1percent doesn’t mean your pnl is zero. Your pnl is -.01percent.

wow. That’s dumb. I bet every other broker allows wires like any normal bank would.

50cent was bankrupt after a girlFriend sued him. Sounds like the kind of guy the Right would love.

You can wire money to any account in the world. It’s a way to pay bills. I wired 20k out of my brokerage yesterday to pay for a piece of art. IB must let you wire money to pay for big ticket items.

sadly no. He’s appealing to his base who hate science and facts.

I thought you were a size player at AMP

spx closes at 4pm. Spy does bot

no. You can’t do that because of path dependency. If you drop 50percent of your money your next trade will be 2/3 the size of what it would have been if you only dropped 25percent.

Wire the money out. Then it can be any name on the other side.

the Putin bounties and his comments about soldiers being losers were disgusting. I can’t believe ANY American would accept that.

He’s just trying to convert the deplorable vote.

Roubini makes his career predicting doom.

ask your relationship manager. i got it on account size.

Do you like massive deficits? If not, How do you propose we reduce them? If so, how do you call yourself a Republican? Trump (since he wants to take credit for it, slashed taxes and handed out 4 trillion dollars in Covid related stimulus). How do we pay for it? The tax cuts haven’t generated...

why would you have to “imagine” if you are a member?

markets are at all time highs and tech is strong so far no effect.

It looks like a lot of brokers are increasing their margin haircuts ahead of the election. Robinhood announced that they will be increasing as well. Any thoughts on if this will have a significant impact on the markets. Any thoughts on if this will cause some deleveraging as the retail space...

that’s all good points. Wash sale only affects you when you cross a calendar year. I thought about trader tax status when I had 1mm of losses defferred two years ago. I had forgotten about the deductions because I have other avenues to deduct my trading expenses which are small (really just...