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  1. K

    Is chart trading dead? (At least when it comes to ES)

    My 2 cents: Cancer treatment can be stressful. Day-trading can be stressful. Cut back on your stress. Do stuff that you enjoy. IMHO don't compete with the HFT bots trading the noise. If you must trade, slow the game down. Trade a longer timeframe/interval. Only take your very best trade...
  2. K

    Can Please explain new tax plan for pass through biz?

    What Tax Reform Means For Small Businesses & Pass-Through Entities https://www.forbes.com/sites/kellyphillipserb/2017/12/22/what-tax-reform-means-for-small-businesses-pass-through-entities/#5639d6bc6de3
  3. K

    Can Please explain new tax plan for pass through biz?

    Hmm. I guess the former head of the NY Fed must have been an an idiot too. "TAXES FOR REVENUE ARE OBSOLETE" by Beardsley Ruml, Chairman of the Federal Reserve Bank of New York January, 1946, issue of periodical "American Affairs." quote: "The necessity for a government to tax in order to...
  4. K

    Can traders setup an S-corp to get the 20% rate deduction?

    https://greentradertax.com/trader-tax-cuts-are-not-certain-yet/
  5. K

    MultiCharts Standard vs MultiCharts.NET

    I fully understand your point of view. I have years worth of EL also.
  6. K

    Profiting from New tax plan

    Like I said, I like the Hong Kong flat rate. Average Americans should pay less with the tax plan due to the doubling of the standard deduction, which is used by 78% of taxpayers. Also the working poor will get help with an increased child care credit (not deduction, money in pocket)...
  7. K

    MultiCharts Standard vs MultiCharts.NET

    It is a bargain IMHO, at least for backtesting. You do not get lifetime updates with Amibroker, so that is why it is cheaper. You need to renew your license for updates. Backtesting/optimzation is very fast. It also has a large worldwide user base. Multiple timeframes from one datastream is...
  8. K

    Tradovate's new worse pricing model

    I did find conflicting pricing info on Tradovate's website. One page says "no commission trading" for as little as $39/mo. Another page has the new pricing at $199/mo.
  9. K

    Profiting from New tax plan

    The main purpose of taxes is to take from Peter to give to Paul. Economically prosperous Hong Kong has a simpler 15% flat rate. The US gov't can just print more fiat money and tax us through inflation without any IRS or tax returns. P.S. As to the OP, the energy industry pays the highest...
  10. K

    Taxes on Trading Entities in 2018

    You might find your answer here. I did not read it through yet, but it is a great place to check for the latest updates. https://greentradertax.com/blog/
  11. K

    Tradovate's new worse pricing model

    Thanks for taking the time to respond CALLumbus. Very gracious of you. :)
  12. K

    Tradovate's new worse pricing model

    Thanks CALLumbus. Since their business model is relatively untried, I would expect some fine tuning along the way. They are still at rock bottom pricing however, right? I like the idea of different platforms to use. If I dislike one, I can just change platforms and keep the same account. It...
  13. K

    Tradovate's new worse pricing model

    What were the changes? It is that time of year again... broker review time.
  14. K

    What software is best to Automate my stock and option trades?

    While you can demo RealTick, TS requires you set up an account there first.
  15. K

    What software is best to Automate my stock and option trades?

    There are fewer choices for options traders. You can automate options trades with TradeStation and there is a cornucopia of sample code posted in their community. OptionsCity has a White Label TradeStation options trading version also. Amibroker and Ninja Trader are both good, but NOT for...
  16. K

    Fast Brute-Force Optimization Software

    OK, tell us more... :D
  17. K

    MultiCharts Standard vs MultiCharts.NET

    Are you using it for automated trading with IB? What trade frequency can reliably be done with AmiBroker-to-IB? P.S. AB is super-fast for back-testing purposes compared to TS or legacy MC. I have all three.
  18. K

    What's up with this "routine" threat from IB?

    I got that demand as well. I believe it originates with the exchanges which wish to squeeze some more income out of us.
  19. K

    effect of wash sale rule across multiple accounts

    I use TradeLog software for taxes (not needed for futures). It reconciles for you. I have used this firm for trading tax advice: https://www.greentradertax.com/
  20. K

    Custom indicator for Interactive Brokers TWS

    No, that's why I own Multicharts and Amibroker. There are many front-ends available for IB for the very same reason.
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