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  1. M

    Market depth on IB

    I'm an IB fan.....don't get me wrong, so calm down. THE NYSE openbook via market depth at IB is not in proper working order, for almost 2 years now. It's gotten better, we've complained (as many others have too)...but you can tell when its not working quite right. I use esignal now for my...
  2. M

    Market depth on IB

    Our crew calls IB's market depth "broken book" instead of "openbook". It only works 2/3 the time & gives a swiss cheese look at the orders that are actually there. Its a problem on IB's end.....not with the quote dissemination from the source.
  3. M

    SMH on IB

    Always have more than one acount. Always have 2 ISPs on diff. backbones. Always have more than 1 computer. Always have a back-up power supply. Redundancy isn't efficient-but it'll save your ass. This is a huge must for anyone trading $$$ or size.
  4. M

    SPY/QQQ transactions on NASDAQ

    Agreed.
  5. M

    SPY/QQQ transactions on NASDAQ

    My time & sales shows ARCA as ARCA (since it is now an exchange & all-HA!)....but yes, I believe you are correct, BRUT does show as Nasdaq as well.
  6. M

    SPY/QQQ transactions on NASDAQ

    & Island too. Thanks ebo, for your valuable input.
  7. M

    SPY/QQQ transactions on NASDAQ

    Trimark, Instinet, trading desks.
  8. M

    Which one is better: IB or MB Trading?

    Got accounts at both......MB screwed up my initial deposit.....took a week too long. That said, I actually like MB just a little bit better for equity trading. Both are good, what one has, the other doesn't .....two pieces of the puzzle that work well together.
  9. M

    Best way to convert cap. gains into earned income?

    Howdy funky, Looks like you might take the carribean plunge, cheers!-Tell mettox I said howdy. As far as "gifts" go...I believe the IRS will disallow these gifts & impose tax on them, then nail ya for tax fraud. The idea of "substance over form" comes into play here......if they are...
  10. M

    How can a part-timer achieve trader status

    To take the trader deductions (which flow thru to you) you would have to also have to qualify as a full time/part trader. I know there are a couple tricks to this that may even make it work for you-from solid CPA info, but my opinion is that it wouldn't stand up to an audit. As far as audit...
  11. M

    SMH on IB

    Hi Steve, ARCA-EX not available. You missunderstood, I don't mean NO ARCA, I want the FULL ARCA excahnge (which means you can lock against NBBO for execution amongst other things). Put in a marketable limit on IB ARCA only, & it gets rejected (as it should)-hence the need for ARCA_EXCHANGE...
  12. M

    SMH on IB

    DEF- You're the man, with all respect. Thanks for everything here. Please find us some more routing options. I want : 1)ARCA_EX (not ARCA only). 2)Brut 3)Redi 4)ALL the regional exchanges, & even Trimark!* *yes, yes..give us an account discalimer to sign when sending orders to these...
  13. M

    SMH on IB

    I'm an IB guy (was diehard IB, but not anymore). I agree, find another broker. I've got accts. at IB, Tradestation, & MB to name a few. Sometimes you DO need more routing choices, IB offers few. Tradestation likely offers the most (non-redundant) routing choices. I actually like MB the best...
  14. M

    OK, what moron shows 100K size???

    Really tired of hearing you defend NYSE, Don, YOU LOOKING TO REPLACE GRASSO OR SOMETHING?? Lets here some nasty talk about NYSE from Don--show me you can do it.....it's soooooooo easy....YOU HAVE TRADING ARRANGEMENTS DOWN THERE OR WHAT?
  15. M

    How can a part-timer achieve trader status

    OK, ebo, if thats directed at me.....then I use greentrader tax....look 'em up. They just know what their doing, many others do too. So piss off & pay to post your Sh*t where someone cares.
  16. M

    How can a part-timer achieve trader status

    http://www.traderstatus.com/whyanentity.htm - The previous poster seems to have about 96-97% of his ducks in a row. Essentially nothing I can disagree with on his site...just don't like the way its "geared", very slight grey area in some of it....but far better than most...
  17. M

    How can a part-timer achieve trader status

    You all must be out of your minds. Read the current IRS regs. on trader status. I guarantee 3-4 trades part time, regardless of income generated, will NOT qualifiy as trader status. Ask a GOOD cpa-he'll tell ya the same. Things have changed in trader qualification in the last 2...
  18. M

    OK, what moron shows 100K size???

    Sometimes size does attract size.......you gotta know the market condition to make it work, though.
  19. M

    Best way to convert cap. gains into earned income?

    "Is there a way to avoid self-employment taxes, paying them instead as regular FICA/SS taxes? if i had a relative own a corporation and it paid me, i wouldn't be paying SE taxes right?" YEA, have your relative pay the other half of your FICA ......as they should -since they may well be your...
  20. M

    Best way to convert cap. gains into earned income?

    Once again, depends on payout/salary structure of the corp/LLC & how much you actually make. I don't think this IRS (exerpt?) would cause you any problems.....because you seem to want to generate "earned income". The 30% rule seems like an IRS attack on those who try to "re-characterize"...
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