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all good opinions and insight...I thought about the options, but dont have much experience with them...perhaps now is a good learning time. Thanks all for your input and I look forward to hearing more in the future...We'll see what happens

thanks no heat, your advice is exactly what my instinct and thoughts are telling me but wanted to hear some other points of view. I have done well off the financials over the past year, and i think it may be time for me to look to anotehr sector for more modest and safe gains

why did you resign? This is a tough economy, not many people resigning their positions. I would say go to school for these reasons: When your parents say it is the best four years of your life, they weren't kidding. It is. Education will help you throughout life and is easier to do when...

Have money on the sidelines, and its asking to be put into the ballgame. Is GS a buy right now or stay away from it? Predictions on a floor for GS? Will the market get shaken again from overseas markets? I would be curious to other sentiment.

I was wondering if some might be open to sharing some of their "easier" methods of trading. I have shifted from investor to more trading on tech analysis for the past year and have, for the most part, broken even. I want to get better and profitable at it. My mistake, I think, has been to...

dont you get to take your loss from a wash sale and add it to you cost basis on your next trade(assuming within 30 days)? Doesnt that in effect make the wash sale rule pointless?

thanks bolimono I will look into their service. I dont trade a ton in terms of share...probably 2000-3000 per day give or take. This is something I do in spare time, gotta go to work to get the benefits and income for the fam...trying to build up my account though...figure a year or two more...

I am looking for a pay per share broker and here is what I need. -good executions -ability to trade from 2 locations, home and work -low commissions, since I make frequent small profit trades -streaming realtime, I usually use 2 min and up time frames It seems as though lightspeed and...

I think where I am confused is what the tax is calculated on. Capital gains taxes are based on either: A. all gains B."net" gains from all gains and losses throughout the year. I believe it is B. Am I correct now? Sorry for the "newbie" type nature but I have a healthy fear of the IRS...

thanks for the response pspr, but dont I have a max of 3k in losses each year? I admit I am confused, but dont want to be suprised at tax day. It is enitirely possible I could make 50K, and lose 50K. so wouldnt my tax liability be a % of 47K(50K gains-3K yearly allowed losses by irs) while my...

I am trying to trade more actively in day trading and swing trading. But I am concerned about the tax consequences. How hard is it to get a mark to market tax status? It seems based on my current status that it would be near impossible to make it because I will have losses(due to stop losses)...

I have been trading for 5 years now, have been with scottrade since the start. I have been changing my trading style and need lower cost commissions to make it worth while. Is Interactive Brokers the best for a pay per share broker? Currently with Scottrade. Also, I have a couple of...