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then if in all your years of trading you never have more than $3,000 in losses in any one year that cannot be offset that year it absolutely wouldn't benefit you. 10 years ago i was stuck with $50,000 plus of capital loss carryforwards and only able to deduct $3,000 per year against my...

Thanks for the link.

there is actually a court case where they went through how they determined the points you brought up. guy only traded 45% of the time, lost his status. it's true basically you need to be trading daily (applies to me) and essentially your primary source of income (applies as well) no other day...

If you do an llc and it's disregarded for tax purposes then follow this guide direct form irs and elect trader status and mark-to-market to take full advantage of no wash sale problems and no self-employment tax (that's what irs states; not subject to se tax if you follow this route)...

I won't be satisfied until Avon lady in prison

1 mil shares available right now on ib, less than 4% to borrow right now.

that is why the stock is in the 40's it is either worth zero or $80 with half believing each way making the market where it is. this is binary outcome but with so much cash generation... the only problem for the shorts is waiting for the investigation to conclude or any future court case...

If you are worried about simply not filing but you know that the amount of income is below even your standard deduction say $4k-$5k then i wouldn't worry i've done it before. Besides if you don't have enough taxable income that year tell them go ahead and audit you, do my taxes for me and you...

I don't mean to go off topic but did you go flat after making profits on HLF and then short it again starting Jan? I'm surprised it went up as violently as it went down like a v. I honestly thought only an LBO or massive buy back would get it back up, turns out company couldn't even buy back...

i'm not sure if you have checked out trader status but the trader status irs allows mark to market and wash sales wouldn't apply (check with accountant). google trader status versus investor status irs. from internet: For traders, trading is their day job. It puts bread on the table and...

its called buying the straddle. if realized volatility exceeds implied you win either up or down, if it doesn't you don't. realized vol really outdid implied on the calls it helps to have 25% of the float short too.

I've tried asking its pointless. There's nothing to learn from this. He said he would explain the point of the thread but he never will.

at 20-25 they could retire 100% of the stock within 3 years eps would hockey stick until stock rises. either ftc/sec/fbi/cia/svu/mickeymouse shuts them down or they thrive. it's really binary but not 20-25 its zero or 50+, 60+, 70+.

This may better explain what sharpe misses on tail risk. It may not apply to your situation if you have absolutely zero tail risk. http://www.ilukacg.com/articles/All%20Hail%20the%20Sharpe%20Ratio.pdf

Except that by itself and in isolation like here, sharpe ratio is meaningless without knowing the basic strategy. As mentioned previously in other forums, premium sellers can sustain a sharpe in excess of 4 for years even a decade before suffering a 100% drawdown, rendering sharpe in isolation...

I'll give in equal measure equity curve plus my strategy if you do the same equity curve and strategy (basic; no specifics, no underlying, etc...). but you won't. you will have me post my curve and explain my strategy and then will change the response to "the point of the thread is..."...

Ok, explain to me what you expect to achieve from posting your equity curve. post away and someone please explain to me the keen insight revealed by the curve that i'm missing along with the point of this thread.

whether a screenpost is fake or not is irrelevant if all that is provided is an equity curve and max dd i still don't get the point of even posting that. without even a basic explanation of the most general strategy employed all of it seems a waste of time, no upside for you or anyone else...

he could simply state he trades call spreads, commodities directionally, forex, shorts premium, etc.. without specifically stating the underlying but without even a hint of the strategy i don't see the point of the posts since like you say without screenshots anyone could call b/s.

should we care since you never explain your strategy. might as well ask, can i make more than you for a second year in a row? just keep shorting premium. g/l