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good cpa for traders = hard to find. i know green does it (you'll see his name mentioned on ET), there are others. oh! forgot one cool rule, which i think is what might be the "safe harbor" rule. roughly... if you make, let's say, 50k in 2009. and the next year, you make 200k...

i pay ES. i underpay during the first half of the year, because if you lose money, you can't then get it back from the government. if you underpay you'll have to pay interest on the underpaid part. congrats on your trading the first quarter, keep it up. you're supposed to pay...

wait - last march (13 months ago) you said that you were "so LOST and feeling stupid" and trading 100 shares at a time. http://www.elitetrader.com/vb/showthread.php?s=&postid=2337456#post2337456 and in february, you said "IM NOT A PROFITABLE TRADER NOW."...

good luck recovering, don't let it get you down. you'll be back on your feet again, and when the larger stocks remember that they can go in three directions, instead of just up and sideways, the profits will come rolling back again. as a sidebar - i got beaten up on the first day of stocks...

thanks for posting this, glad to know others are having to trim down size and number of positions as well. hope you got KMGB in the week!

not female traders, but this happens tonight: http://www.fashionmeetsfinance.com/

if you make too much money, you can't put your money in a roth, only a traditional. as someone else stated, this year is a rollover from traditional to roth as long as you pay the taxes (either all in one year, or split over two years).

that would be you. the thread's title is "day trading is a pipedream". i've done it, others do it as well. anyhow, i'm off to the city. it's my day off, and i'm going to enjoy it. if you wish to keep believing that no one can daytrade, go right ahead.

says more about your broker. probably clears through penson, who generally won't allow shorting under $5 stocks (note GENERALLY). also, people with big % gainers usually do it in stocks/setups which don't allow many people to follow the same strategy with any size. one salesman had a...

i wish someone had told me this before i started daytrading for a living... 10+ years ago. *cough cough* dustin - i was fortunate to start my little nest egg in the late 90s, and solely because of the bull. trading @my workplace, i would do all kinds of somewhat silly things that were...

looks to be on the reg SHO list, although one broker out of 3 i checked claimed to have shares (didn't actually place the order)

daytrader still = buy and sell in the same day. well, HFT is definitely daytrading, although the people who do it wouldn't call it that. and don't forget, there were hundreds of articles during the start of the internet bust talking about "daytraders" who bought a stock, and didn't sell it...

interesting stuff from the article: the person who they follow makes 100-120k / yr for much of the past 10 years, charges $199/month for his website. i haven't checked out the website or others mentioned in there, maybe others can. my other thoughts: if this is the guy the NYT focused on...

sheepsucker - maoxian does trade his positions...not in huge size, but he does trade 'em. i don't blog about my trades because i don't have the desire.

as noted above, suri's book has lots of commonly-cited patterns. some are good, some are bad, your mileage may vary. also, thomas bulkowski.

wow, i wish someone had told this to me before i started daytrading... 10+ years ago.

full time since '99, started learning in '95 or so. 99.9% daytrader. everyone has to find what method they are comfortable with.

nice trading this morning! i'm glad someone else has found this week challenging...i just sat on my hands most of the time, had to be very patient.