Search results

  1. P

    What are the benefits from starting a corporation

    remember i said medical insurance, not medical expense. also want to clarify one other thing and maybe i mis understood but NOBODY can make a retirement contribution on your behalf unless you have received a wage from that entity. the contribution is tied to the wage you get paid. if i...
  2. P

    What are the benefits from starting a corporation

    Individuals can now write off close to 90% of their medical insurance. as far as retirement accounts, your right, you can't contiribute as a individual. but you cant contiribute as a entity either unless you pay yourself a wage which is far more expensive with fica etc as opposed to the greater...
  3. P

    What are the benefits from starting a corporation

    as a corporation, you can't take any capitol losses unless its a sub s or llc. as far as loss carry forward, anybody can do that, even an individual and im assuming that all have trader status. there is one area that is not proven but talked alot about and that is an entity could shield you...
  4. P

    What are the benefits from starting a corporation

    name one expense that you can deduct as a corporation that i cant deduct as individual trader status. tax advantages are NOT the main purpose of a corporation especially if you are using it to trade.
  5. P

    New Treo Phone

    hi steve, i have the verizon broadband service for my laptop for traveling or even when i go to lunch. it has saved me many times especially when i would go to a certain location thinking the hotel etc had broadband in their facility. and verizon really did the job. was able to trade the whole...
  6. P

    own data 2 and IB and TS8.1

    my question is if any of my fellow traders have used, owndata2, IB for Data and TS8.1. all together. 1)was the data good 2)do you have the ability to get rid of bad ticks. 3)how much data can you get from IB and can you add more data for more extensive back testing from other sources. Ive...
  7. P

    Titan commodities or e cry

    i want to thank you very much for the links for the financial info. very helpful.
  8. P

    Trading System Expectation

    i will usually take my system and apply two years back and my net profit has to be at least 10 times larger than my largest drawdown in that two year period. and then the next and most important thing is to be honest with your self and challenge whether you would be able to sit and watch and...
  9. P

    Tradestation

    ya your right, i am going to have to pay the $20.00 emini cme fee. but other than that, it FREE
  10. P

    Tradestation

  11. P

    stops and stop limits in electronic futures markets

    this could be just personal preference but i really insist on brokers that allow the stop orders to be held on the CME servers. (not synthetic stop orders) just dont like synthetic stop orders.
  12. P

    Tax Advantages for LLC

    sorry, i posted the wrong quote
  13. P

    Tax Advantages for LLC

    thats what the lawyers and the entity sellers want you to believe. you just cant prove that statement. im a cpa and all of my peers also say its absolutely not proven fact.
  14. P

    The lonliness of trading

    i used to really want to be around other traders and in chat rooms during trading but ive really changed and really like the solitude. BUT i do make sure i belong to a few traders groups and go to their monthly or semi monthly meetings. im sure it will be different for everyone but keep an...
  15. P

    Tax Advantages for LLC

    if i file as an individual "trader status" I can write off everything you can write off. there was one good point made about an entity. if you have more than one indivual, then yes very important for the entity.
  16. P

    Anyone on ET use X-trader Pro for $1250?

    xtrader pro has an addin that has an open port to its excel spreadsheet so as soon as the price is imported from ts8 to excel for example "buy 1280.00" xtrader immediately grabs and sends. and its very simple to get the TS8 "buy 1280" into exell by creating a dll. How fast will it be? we...
  17. P

    Anyone on ET use X-trader Pro for $1250?

    Nana, i have a client who is going to use my total system to trade eminis through PRO. we are now writing the code to get TS8 to send orders to Xtrader pro though excel. i will keep you updated on the progress and iff he likes it. pat
  18. P

    Daytraders: Limit Order Vs. Market Order

    the stop would be the best entry if it could work into your system but my system only have 20% of their entries on stop. so the rest of the time i use limit most of the time. sometimes i have to just sit and wait. the times i use market is when i just absolutely have a gut feeling its going...
  19. P

    Tax Advantages for LLC

    a more important question to answere before you get to that question is if you file as a trader or investor. i personally don't feel there is ANY advantage to entities to do trading except liability but for every account you open under an entity, you will most likely personally guarantee. the...
  20. P

    Trouble sleeping :(

    WHEN i want to get to sleep, i lay down on the couch and turn on the HISTORY channel or the DISCOVERY channel. works everytime. then i get off the couch and run up to bed before i wake up again.
Back
Top