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kickstarter is great but doubt you could get "funded". It worked nicely for one of my step-sons who is an artist and was invited to show a piece for an art show in Grand Rapids but it was a large undertaking that cost about 7grand..he used kickstarter to raise 6K. I noticed other artists doing...

Agree with every point nazzdack mentions...you have lots of time to learn. Invest your time right now in learning what you need to learn and save your money. There is soooooo much free info...obviously much of it worthless...BUT there just are not any shortcuts...study...paper trade and decide...

so YOUR the OP? OK.... Did you place the orders as two separate orders or as a spread? Did you use a limit or market order?

they may have been filled at the same time but did he place the order as a spread? or separately at different times. Obviously he didn't place the order as a spread, he also wasn't using limit orders....fat finger mistake?

Loss of either short term or long term only reduce taxable income. It is the gain that matters since long term is generally taxed at a lower rate. You will always be able to take the 3000 loss but it will first go against the short term gain (if any) then long term gain,

The problem, as mav pointed out, is the loss (may have) occured the year AFTER the gain. You pay the full tax owed the year of the gain. Gains are not carried forward...so in 2012 you owe fifty grand on profits of xxx ya gotta pay...you can't offset those gains with the huge loss you may have...

on another note many IRS agents who take calls are incorrect in their information..... best to go directly to irs.gov and just type in your question in the search box and read the pub

Wash Sales You cannot deduct losses from sales or trades of stock or securities in a wash sale. A wash sale occurs when you sell or trade stock or securities at a loss and within 30 days before or after the sale you: 1.Buy substantially identical stock or securities, 2.Acquire...

here ya go.....read it.. http://www.irs.gov/publications/p550/ch04.html your welcome. ps. dad's wrong...sales of stock held longer than a year get favorable tax treatment of 15% (max)..shorter term they are taxed at the ordinary tax rate and currently no one is paying a 50% rate in...

My guess is up..2014 should have more vol in stocks. Right now with the market "over priced" GLD should have some attraction.

I believe the mods can...send a request

Reword the title:D I know my "guess" for 2004 is 100% correct!

ANYTIME you try and leg into a spread you risk slippage...esp when a stock has the vol of TWTR. Of course they will allow each leg to get filled, YOU are responsible for your bets.

Your priorities are out of whack... 1) Focus on your child. This is WHY you got married is it not? Is it possible for this child to thrive in a happy household if you and your wife seek professional guidance on the issues you have? If you have WORKED hard to establish a good...

Actually I thought it was funny and meant in good spirit, which I believe NOD has plenty of. (I know....never end a sentence with a preposition)..........still trying to figure out where the "e" was missing:D

Glad you took profits

They also have their fair share of losing trades. What they do with most of them (losing trades) is buy/sell shares to gamma scalp or sell naked puts/calls they roll until they can close for very little loss or a bit of profit so they seldom BOOK a loss. This takes basically more money than...

SPX is "relatively" mean reverting but with an upward bias. Consider around Thanksgiving ES traded 1810 and golly gee...today it is 1810 ish...but we traded almost 1750 just a few days ago. The problem is when ......eventually....we are clearly wrong we don't take measures to revaluate and...

where does it come from?...in whose opinion?

Its been 6 months since you started the thread...how is your progress? Just wondering if what you are learning from Mr H et al has helped?