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  1. J

    Prop Firm Proposal

    trader99, sorry I must be going blind and ask you to think about keeping your costs low and proceed as you plan to move in to a more active trading status. You don't need to spend a fortune in buying-power to make a nice living if your still young, please remember this solid truth, over-trading...
  2. J

    Say again, fed says no rate hike in September, how about no rate hikes for all of 2015 and beyond!!

    Why is Gasoline still $4.50 a gallon in North California? It's the same price per gallon when Crude was trading at $110. Xandman what's the reason, refineries down, fires, outages, radical crack-spread, only one refinery on the West Coast or "no new refineries have been built because the EPA...
  3. J

    Robert Green CPA, can we make a three person trading outfit qualify for "carry interest" status?

    Hi Jay, your probably right, with the news of Hedge Funds liquidating and taking massive losses again it makes the little guys feel really small. We try to protect ourselves by seperating money using the submarine theory of finance. My Partnership has been maxed out, I think the S-Corp is...
  4. J

    Carrer's PnL (The Journey of a Poor Trader)

    These qoutes are not correct, EDIG was at $.0001 when all kinds of Hollywood promoters and Media people got phone calls from Boiler Room or Bucket Shops in Orange County, California. I bought a chunk of EDIG back in 1999 when it was at it's near bottom, I sold out once rumors flew Tokyo Joe...
  5. J

    Carrer's PnL (The Journey of a Poor Trader)

    Market Surfer you still living with that beautiful river view up in your nice apartment? I always coveted your set-up, you have a great Trading Command Center! Listen to Xandman, I only know one person who turned $900 in to $1,600,000, he had the brain of Data Star Trek and was so tight with...
  6. J

    Prop Firm Proposal

    God, if only he saw what some of us paid to trade at Broadway Financial early on in the Day Trading Prop Shop Evolution. Maverick did you attend Broadway's school or meet up with the late Harvey Houtkin or trade with Russian Boy Wonder Serge Millman? Compare them to the Trading situation run...
  7. J

    Robert Green CPA, can we make a three person trading outfit qualify for "carry interest" status?

    Thank you Banjo, My old friend newwurld has helped me understand "carry interest" won't work anyway, only if I held these positions long-term like Ackman, Romney or Feinberg (Cerebus Capital), these guys buy companies with large asset bases plus they can hold on to them without risk of loss...
  8. J

    Robert Green CPA, can we make a three person trading outfit qualify for "carry interest" status?

    Hi newwurldmn, how have you been? You always treated me good here and if I can help you let me know, be more than happy to do a few Skype Trades to make up the time you spent helping me. I thought Robert Green CPA and Buddy (Harold) might know, they are great with taxes and have treated me...
  9. J

    Option chain tells you everything?

    Look no deeper than yourself, the majority of people with money have class, the Hoodoos and Blow-Up Artists like yourself are so bitter. Change your name to Badluck Schleprock or Victor Neidhoffer Version 10.! Time for Ignore Now!
  10. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    BlakPacman do you still have my old thread posting the Oil Stocks would fall to the levels of the Coal stocks back in Jan or Feb? Thank you!
  11. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    Xandman and Blakpack, Market Surfer and a few other long-term friends and new ones, I will use private threads and never waste my time on the rabble the Great NoDoji and a few others warned me about posting too much information. Won't happen again, another great trade on Apple to today!
  12. J

    Interactive Brokers - Receives Payment for Order Flow or Not?

    I agree with Victor to a point, yesterday I can show you orders I put in sells at $12.74 on Denny's getting filled at $12.75 because the Market Maker was finishing up his VWAP at a little above $12.75. I got an extra $35 bucks (sell 3500 shares (of my 16,000 share trade I was working out.) at...
  13. J

    Robert Green CPA, can we make a three person trading outfit qualify for "carry interest" status?

    Is Congress going to try to eliminate the 12% tax rate (assuming they even pay that on carry-interest, once I thought mark-to-market accounting was something (1990s) because you could take a NOL from a bad year and apply it back three years of good years. Have not had to use a NOL for years...
  14. J

    Head Trader Of World's 4th Largest Hedge Fund Caught In HFT Frontrunning Scandal

    "Another confirmation that those who can trade are indeed an extremely rare breed. Please keep your head up. :D:D:D" Small Stops Don't forget it helps being part of the "old money" using the public and middle classes tax base to create "trillions" in buybacks instead of jobs or making our...
  15. J

    Robert Green CPA, can we make a three person trading outfit qualify for "carry interest" status?

    Hi Robert, what besides maxing out my wife's social security income through the partnership you created, maxing out her hybrid 401k plan, buying all new electronics using Section 179 depreciation can we do to offset all the short term capital gains. Even after using all your methods I am...
  16. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    Yes, you got me figured out!
  17. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    I think I will, is that where everyone here trades for the majority? Does anyone have any thoughts on "LightSpeed" or SpeedTrader? Their software price and massive commission spike made me leave.
  18. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    Yesterday it's funny trying to trade a stock the HFTS are fully jerking around in(I know they all are in every stock!) by jumping in front of your "bid" or "offer". When HMSY was at $10.70 I started to watch it very carefully until it broke $10 hard. We bid and bid only to get jumped in front...
  19. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    The Buy Orders got "rejected" because their platform and website broke, by the time my son could get his order in, seven minutes have passed. 14,000 x .05 is what we lost by using a platform that's not made for people that actively trade. If you are a hyper-active trader can you help me find a...
  20. J

    How Do I Let this Big Win Sink In, My Stock Got Bought Out!

    My Broker on HMSY would sell 1 contract out of 15 when selling that option. I tried to sell at $1.45 when HMSY fell to $8.80 and all it did was sit! Five 1 contract sells, why? Are they doing that for commission reasons or just to be jerks? Today I was trading Denny's and my Broker...
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