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I'd like to discuss that w/you (maybe in DM?) - as in, what do you think is missing?

I am not a huge fan of Gates. But: let's say you do amass billions. What do you do with them? You have to make a foundation, hire people, try to create some systematic way of dispensing the $ to causes/research/people you like, because it is way too much for one person to handle. Or you can...

I like you.

Yes I would agree. What exactly is the problem with that? You claim the loss, you buy at lower basis than before, eventually if you sell with a gain, you will pay a higher tax. It works out for the government in the end. What is the problem?

I understand that it is. But my question is - what is the problem with actually allowing the tax loss in that situation?

Ok. You buy stock at $100. At end of the year it drops to $90. You want to realize the loss. So you sell. You realize loss of $10. You immediately buy. Your basis is now $90. Going forward your gains will be higher (if there are any) and so will your taxes. What exactly is the problem here?

??? If you held SPY for 30 years, you're hugely up. You can't take a loss if it is down for one month. Your loss from is from the cost basis, which would be the 30-years-ago cost basis, and then it is not a loss.

It depends on the API. Some APIs (usually the REST ones) impose various per-minute throttles on some API calls. Some (usually the Websocket ones) do not.

On the 390 average rule - I looked around and I only see it for options although I did see this https://www.cboe.com/us/equities/trading/offerings/retail_priority/ Priority benefits will be offered exclusively to Retail Orders, as defined in Rule 11.21(a)(2), that are entered on behalf of...

I am pretty sure that a couple of our customers got notifications from TDA about the 390 rule, and they were trading stocks. The easiest way is to ask the brokerage directly. Again, someone may correct me, but AFAIU liquidity is provided by market orders, not by limit orders. Think about it...

When you buy, you have to have an idea of the goal sell price, right? You're not buying just because "it will go up" even if just $0.01? So do a LOO order one third of the way toward your goal sell price...

1. Will your brother write you the selection algorithm for which stocks you want to buy at open? 2. For placing orders you need to have an account at some broker that allows API trading and write to the API. Drop me a PM I could direct you or your brother to a way of doing that reasonably...

You're right, I missed that. Have I been misunderstanding the wash sale rule all my life? What is the point of it if it is just added to the cost basis of the new purchase? The result is basically the same. Why bother having a wash sale rule?

Huh? That's completely wrong. https://www.investopedia.com/terms/w/washsalerule.asp Wash-Sale Rule Example For example, you buy 100 shares of XYZ tech stock on November 1 for $10,000. On December 15, the value of the 100 shares has declined to $7,000, so you sell the entire position to...

Would be interesting if the IRS didn't budge and this was taken to court... The unfairness of trying to get 800K in taxes out of someone who earned 45K is so blatant that maybe the court would set some kind of precedent invalidating the wash rule, within certain limits.

I am pretty sure that can't declare it post factum. Maybe I am wrong.

.. because he was ignorant of wash sale rules. I wonder - will the IRS take pity on the guy...

Everyone has their own favorite chart colors. So use the software that allows you to customize every color on the chart to your preference.

Exactly how is this a "shift away from carbon"? Hydrogen production from methane hydrates, or from natural gas (which is 90%+ methane anyway) produces CO2. How is that "green"? In fact, every existing method to produce hydrogen produces CO2, except electrolysis, but, of course, you need a lot of...

https://www.sec.gov/Archives/edgar/data/1318605/000156459021012981/tsla-8k_20210315.htm "Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. Elon and Zach will also maintain their respective positions as...