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    Taxes

    By the "CODE" YES!!!!
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    Pattern Day Trading options no problem at OptionsXpress

    I believe options settle same day, no +3.... thus no free-riding.
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    Futures , Taxes, and Mark to Market

    Profitseer, My response should have read Ordinary Income, why I wrote gains is beyond me. You appear to have understood. IMO, if you are a profitable futures trader, it's a bad decision to go with MTM election. I agree that MTM is to get stock traders on a de-facto eqivilant basis...
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    Will the moron be president twice??

    That was pretty funny with ol' subbie. I bet the ol' cokehead had a flashback to the "Rudolph the Red-Nosed Reindeer" program at the time of that speech and got freightened by the scary.............. "Subliminable Snowman" Later, Cracked
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    Will the moron be president twice??

    The word for the day: NU-CU-LAR
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    Will the moron be president twice??

    IMO, He can do whatever in the middle east and it won't help him in the next election. Got to go after the person that stabbed his daddy in the back. Dubya is the lucky recipient, like his daddy, of getting elected during a down economic cycle. Of course, he's an F'ing dipsh!t which...
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    Trader Taxation / CPA Experiences

    Profitseer, If you elect MTM on a futures account you lose the favorable 60/40 cap gains treatment. The transformation to ordinary income precludes you from using the 60/40. If you a profitable trading futures I wouldn't suggest electing MTM. You could elect MTM in a stock account if you...
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    IB Universal Question

    I was in the same situation wanting to comvert a stocks/options account to a universal. I opened a new universal account. Waited for the approval. Began an internal funds transfer and was trading the next day. Closed the stocks/options account once the transfer was complete. No need...
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    A daytrading story on CBS news

    Too bad the guy didn't have an arsenal of loaded assault weapons hanging on his wall to support the notion that daytraders are volitale/crazy and could go off at any second after blowing up the account...... :D Those daytraders are such BAD PEOPLE!!!!!!!! Later, Cracked
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    Newegg and Nutrend

    I noticed a site called Nutrend.com which appears to be an affiliated site to Newegg.com. Has many of the same components with lower prices. I noticed the part numbers have different prefixes at newegg with the exact same base part numbers at Nutrend (w/NU prefix) Check it out. I saved...
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    Live charts delayed

    Looks like live charts finally went to the 10 min. delay on the E-minis. Been trying to find a good charting service and been glomming off the free ride. Looks like the ride is over. :( Time to expidite a charting package selction. Later, Cracked
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    I'm looking for a new Flat monitor

    Faster, That's not bad on the samsungs. I was looking at the extended warranty thing for $54. Turns the 3 yr manufacturers warranty into a 6 year repair/replacement . A general question for all: What's the estimated life on a monitor of this type? Thanks in advance. Later...
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    Kicking & Ignore

    Why do I get the feeling that Aphie is going to have a bruised backside with this new feature....... :D
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    Enron Auction: September 25 & 26

    It's always interesting to see "Auction Fever" set in. People get so emoptional charged to buy that they lose all control. I was at an auction where 2 guys got in a bidding duel for a two year old boat that sold new for about 65K and the winner paid 79500. Shook my head and laughed...
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    DSL Speed Test?

    Here is another site for testing connection speed. http://www.dslreports.com/stest With ADSL you will have a capped upload speed, usually in the 128-256 range and downloads can get up to 1.2M. Mine was in the 1.1 range, but I had stability issues so it got filtered to ~800k Later...
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    Mortgage Insurers?

    Check out MTG today.... OUCH!!!!!!! -5.00
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    Who is your Football Honey

    My friend Sara She loves to watch football and is great at giving hummers. When the two go together... talk about the ultimate in multi-tasking!!!!!! Makes my Sunday fun. Later, Cracked
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    CNBC real estate bubble

    Yes Read it in the paper last Sunday and the CNBC morons did a report on it on Tuesday. I swear CNBC reads the Sunday paper and does the weekly reports based on those articles. Later, Cracked
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    Offshore Brokerage Firms

    Well done Mettooxx. For those that are US citizen, you must report ownership in any foriegn entity to the IRS. The big thing about offshore credit card information is the tip of the iceberg in the IRS' never ending effort to get every last dollar from money earners. If you think the IRS is...
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    In Need Of Help With Finance Homework Part 2

    I agree with Vladiator. Financial calculators are a useless tool unless you understand how the inputs relate to the output. Shooter needs to understand the "roadmap" to get to the destination rather than the total miles to get there. These are basic lower/upper division undergrad questions...
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