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Do yourself a favor and work for a firm initially. Going off on your own in the beginning is financial suicide. Network, network... If you don't live in either Chicago, or NY, it's a bit more difficult.

Been trading now for about ten years. I've worked at multiple reputable firms in the Chicagoland area. Doing everything from outright equity daytrading to Eurodollar spread trading. This experience has been invaluable and I decided to venture on my own. Having been on my own for the past...

He told me I could set up a general partnership accoumt an do it this way.

Cody was a great guy. Took the time to talk to me and help me with the issue. Seemed incredibly knowledgable. I would recomend him.

I think your right, Fortunately it's not too late to set up a M2M account yet for the year. That's what I'll be doing. Thanks for your help

Apparently my accountant said I would still be able to do this for this year. I'm just wondering, given the circumstances, is his assesment correct?

The, it was a 1099. He advised that I can set up some sort of partnership with my wife which will allow me to pay on 75K. Is he right about this, or should I go to another accountant? Thanks!

I received a 1099-MISC. from the initial firm. I didn't have to put anything up and gave them a 10% cut. Thanks for your help

I'm a fairly new trading and this is my first year of really manking money. Your help would really be appreciated! I went to see my accountant today and gave him my tax information. I'll use some hypothetical numbers. From my first firm at which I traded for myself, I made 100,000. Then...

Does anyone know the date and time of the IPO? Thanks!

I have no idea where the feed for my lightspeed is coming from. I'll give them a call and see what they say.

I noticed that. But would that block data feed from my lightspeed?

I'm having an issue regarding my news feed on the Lightspeed Trading platform. I recently installed new anti-virus software but something I did seems to be blocking data for my DJ News on the lightspeed platform. I've spent the last four hours installing, uninstalling and reinstalling...

Or perhaps..CHINA IS SELLING:)

thanks... perhaps market makers are now trying to pin stocks on options expiration by halting them:)

I can't remember ever seeing an ETF halt? Weird.... Wondering if you guys had any idea what's going on?

thanks

*BUMP*

I trade on average about a million a month and currently paying 2.5/ticket (1000) shares. Is this competative? Think lightspeed can do better? Any other brokerage firms that have really low commision costs? J

I have a retail account at TDAmeritrade. I've kind of been sleeping on it lately and didn't even know what I was paying in commision. I spoke to the representative and he told me I'm paying $7/sotck transaction and $7/option transaction +.75 per contract. This seems pretty steep...