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LLC = (expensive) "professional" data fees + LLC maintenance fees + accounting and tax prep fees. If you only trade your own capital: In my opinion it is worth it if trading is your only job in addition of what you said, and if you day trade a lot and all the time equities and, if you claim TTS...

Perhaps other futures could be what you are looking for: YM for example will be way less jumpy than the NQ.

Prices are to high at 20:00? :D Could you provide more information regarding what you are trying to find?

Since I also use Tradestation, I use their (great) data for Multicharts. I just have about 3 to 4 charts open with Multicharts, so I am not sure how many charts could create an issue.

I use Multicharts and always another data source than IB.

Do you use the trade manager or the trade manager analysis? The last one is well known to be not accurate. On the other hand, I never had any error with the trade manager.

You use to be an excellent trader: What makes you stop trading? You really should work on your answer. Also, are you afraid of losing or wining? No joke here, afraid of losing can easily be controlled, afraid of wining is more complicated: Why do you think you don't deserve to win anymore...

"Trading catalysts" (how events move markets and create opportunities) from Robert I. Webb. This book is about catalysts including some economic indicators. You will find example of geopolitical events, effects on markets of policy makers speeches, market condition and sentiments, etc. At the...

https://www.investopedia.com/articles/forex/010715/how-forex-pamm-accounts-work.asp

Sorry for the confusion 10_bagger. When you file as a "Trader in securities" only: Trading gains and losses from a "Trader in securities" which is the IRS definition of Trader Tax Status for an individual or an entity, is ordinary gains and losses. So, this is in fact ordinary income which...

You are both not quite right: Earned income is employee compensation (wages, tips,...) What you name ordinary gains and losses is in fact ordinary income which is business income and this is why you can deduct your business expenses, like wages, data fees, etc. You could check...

Focus on risk, all of them. In the long run, trading works only if you see yourself as your biggest risk and if you take the time to list all potential risks and address them. By the way, this is not just for successful trading, any sound business thinks risks and opportunities. When...

I quote the OP "I’m looking for a broker to start trading futures" Scalping futures with an offshore Forex broker... Could not be best solution o_O On their website I saw "they" will even give you a bonus of $500 to help you. I like this one very much.

I have an IB account and I never had any issue to log in. If I recall, the two factor identification was not easy to setup, but this is a must have. For this to work properly for me, I have to open first the IB app on my android phone, then try to login on IB account management, and then...

Trying to play the algo game with "retail" imitations of their tools is doomed. Everything else is possible.

If you want to experience the thrill of trading, go big with real money! You will definitely feel it, for a very small period of time.. Do yourself a big favor: Just don't trade live at first. Best of luck!

If you borrow against your investments or if you trade on margin, look at the cost of margin loans. This could be a big part of the total trading costs.

Since you are the only one who will decide if you file TTS, you just can do it. But, if no trade at all for few months could be justified with some creative work (Market conditions, learning...), I think you will have a hard time to explain the logic of just trading way less for so long, if IRS...

I didn't check on IB, but it seems the liquidation date is 2020 11 26 or 20201126. Last trade should be the day before.

Do you have more success with the Tradestation Forum? :sneaky: Perhaps you could detail a little bit what you are trying to accomplish, what kind of charts do you use, etc. Best!