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How does that affect margin? In CC the long stock is the collateral, what's the margin req when you short puts? I use IB by the way.

I have a decent chunk of change that I am looking trade and generate 1-3% monthly gains with minimum risk and consistent monthly returns. I have been working on a strategy where I will enter 20-30 covered call positions in large cap stocks and use part of the premium to buy puts on the OEX as...

Here's the deal: I trade stocks and use IB, they provide a prepared Sc D, which is great. I also use TradeLog to calculate wash sales and keep track of all my trades. The problem is that the total procceds from sales on my 1099B, Sc D from IB and TradeLog do not match. So which one do...

They were trades only, cool, I celebrate my oblivious ignorance of the tax code...

I had 24k short term capital loss in 2005. In 2006 I made about 20k. I was under the impression that I can only deduct 3000 dollars worth of loss from the previous year, which means I would owe taxes on 17k of 06 gains. I gave my paperwork to a trading specialist CPA who said that all my...

You can program that fine, the problem comes with implementing it in the actual trading account. TS brokerage does not allow you to enter more sell orders that you have open shares. So if my strategy gets me long 1000 shs of DELL and my strategy enters a stop at 22.15 and a profit take at...

I run a day trading strategy using stocks. After a position is entered a stop and a limit order is generated for the exit. The problem is since TS brokerage does not allow two open exit orders for one current position only one of my orders gets entered in the trade server. Surely there...

I might be able to help you out, email me...

It varies, around fed funds +2% for the longs, some also charge extra haircuts and such.

Is there any other reason to go prop than leverage (don't need training and have my own software)? My strategy holds positions overnight and prop firms charge a hefty financing fee. If I trade it with IB and get a loan with lower interest than the prop firm charges for overnights I don't see...