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The IRS Code dictates what you can do and as a previous post pointed out, CPA's are very conservative on what will trigger an audit. No disrespect, but CPA's don't set up corporations, that's a legal thing. I bought a $25 piece of software at Office Depot and it prepared all the declarations...

I don't think you have to be a corp to do a SEP IRA or KEOGH do you? With SEP you can defer up to 15% of your income and with a KEOGH I think it is 25%, but I think the corp has many other advantages if you are generating allot of income and are looking for shelters or deductions that would not...

These were the proposed thread questions that were asked. I would like to add; 1) Pricing is a marketing function - Do you get what you pay for and are the services worth the money. I'm not a prop trader, so I can't specifically answer all the questions, but my comments are. Does the...

I did a fair amount of study some time back so you will need to get a current opinion before you act. I think the confusion here lies to some degree in terminology. If you are a non-professional trader; meaning you are not licenced and not with a pro firm and have NOT made a "Trader"...

Boot Camp, Play Pen, Mentoring or what ever you call it would be helpful to new traders trying to get into the swing of things. Learning how to get the most out of the software, not just one configuration; getting some daily routine behavors established correctly. If these factors can be...

Amen Biggie!

I would like to affirm what DB said earlier in this thead. Becoming a successful or even great trader is a fuction of training your mind to act upon opportunities or increasing risks in a timely and consistant manner. It seems the personal developement load is squarely on your sholders. "You...