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Actually, I think I spotted the problem. It has to do with the ETF "USO" which i traded. I don't think I filed the proper limited liability tax form. USO has to be filed differently because it is a limited liability company. For example, the tax doc the IRS sent me says Shown on return $0...

I put "trader" on the front of the 1040 form. This is been my only source of income and I have been doing it full time. But I didn't do that many trades because I was practicing. Do I have to convince them I am a day trader? Also, the notice they sent me was for 2012. So, I assume they...

I traded all last year full time and I lost money. I am doing this full time and listed my profession as trader. I received a notice from the IRS today that I owe them $5000. The IRS sent me printouts from my Interactive Brokers account. Could somebody recommend a professional to help me...

I am currently day trading SPY and IWM using the Interactive Brokers TWS and Ninja Trader. I use the free Ninja Trader to run the charts and I actually enter the trades on the TWS booktrader. The advantage of this is that it is low cost and it works. I haven't found the TWS data to be any...

Thanks everyone for the valuable feedback. I used the figure 2% per month because I have been hearing from IC traders that 3% per month was possible, so I thought I was being conservative. O well. I have put several Iron Condors on my thinkorswim live simulation and they all expired...

I am interested in taking a good course on how to trade options SAFELY using conservative techniques. I have identified two programs that seem to meet this requirement. SJOPTIONS http://www.sjoptions.com/ SHERIDAN Options Mentoring http://www.sheridanmentoring.com/ I am...

I am currently using thinkorswim for pairs trading. To calculate their numbers for each interval, it appears that they take the High of the first stock minus the low of the second stock to get the high of the pair, and the low of the first stock minus the high of second stock to get the low for...

This is an old thread, but has anyone here actually taken the shadowtrader seminar? I heard about them in the thinkorswim shadowtrader chatroom, but am not sure how they are related. Since I heard about it on thinkorswim, I gave it some credibility. In their introduction, they claim they don't...

I have a bank account in Europe which I want to close for personal reasons. To do this I would have to sell my euros and transfer to an American bank account in dollars. I am now looking at the timing and when to do this. Do you think this is a good time to sell euros?

ThinkorSwim provides an autotrade service. It works like this. ThinkorSwim maintains a list of newsletters that publish trade recommendations. A customer can sign up for one of the newsletter services and Thinkorswim will then automatically execute the trades of that newsletter. I am...

I now have sufficient money in my retirement account and my expenses are low enough that I could actually live on an annual return on my account if I got at least 6% a year. However, that is not possible in the current environment of low interest rates, and its risky to buy bonds now because...

The markets are not only random but much more random then the relatively tame normal distribution. When you think of it for a moment, trading has to be difficult, because if it were easy anyone could do it and there would be nobody left to do the work necessary to run a society. If trading was...

I trade stocks and use the e-minis as a leading indicator.

Two fills WMT, GE, 3.5 cents/share.

-22 cents on CAT - shorted and it kept going up, so bailed.

1 fill short MRK , made 11 cents

4 short fills T 5 , GE 2, CAT 6, JPM 6 , Total 19 cents, 2.375 cents/share

3 fills short, 42 cents, 7 cents/share.

Made 8 cents shorting CAT.

Filled on GE and CAT short. Up 24 cents