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  1. Q

    Raise capital for algorithmic trading?

    Why not? He said “good at trading” meaning consistently profitable.
  2. Q

    Becoming legit IRS registered trader. Questions if you can help.

    So you are not doing MTM? Wash sales?
  3. Q

    Breaking Equity | An Algo-Trading Platform for Retail Investors

    Hello and welcome! I did not find on your site what I’d the granularity of market data? I think I saw 5min candle example. Any plans for tick by tick equities data?
  4. Q

    GameStonk Splits

    Lol, didn’t they reported that Melvin capital was short again?
  5. Q

    There she goes (McDonalds)

    Sorry, couldn’t resist https://www.independent.co.uk/news/world/europe/mcdonalds-russia-fast-food-trademark-b2037987.html
  6. Q

    Larval - Tool to find volatile stocks

    Lol, I think we all know that feeling. Why not do both until you can transition. If you already pay for real-time market data, maybe you can try to expand this to more affordable version of Trade Ideas type of scanner? Make a “pro” version and start charging small fees? PM me if that’s...
  7. Q

    Larval - Tool to find volatile stocks

    For me, I don’t trade just any crap that happens to run up/down, so I need a way to filter out un-tradable stocks. At the least, the move needs to have some meaningful volume. Just saying this in case it’s helpful, not criticizing great efforts by the OP
  8. Q

    anyone of you guys do earning play

    I am saying that the more (unsophisticated) retail traders participate in something, the more opportunities for experienced traders. So if you didn’t trade pre/post before, you may want to start watching the action.
  9. Q

    anyone of you guys do earning play

    I mean with Robinhood traders participating, trading pre/post market should get (more) interesting.
  10. Q

    anyone of you guys do earning play

    Now that Robinhood allows pre-post trading, I think it’s a must for pro trader.
  11. Q

    Ackman cancels shorting

    Jim Chanos?
  12. Q

    Ackman cancels shorting

    Oh I see, thanks. It’s hard enough shorting with access to media, good luck shorting without it.
  13. Q

    Ackman cancels shorting

    Rumored to cancel crying on national TV next. https://markets.businessinsider.com/news/stocks/bill-ackman-short-selling-activist-investing-pershing-square-herbalife-markets-2022-3
  14. Q

    Barclays VIX ETN Turmoil Looks Linked to $591 Million Note Error

    Finally, explanation why VXX spikes on the news: “Those securities now have to be bought back at the originalpurchase price, and incur the estimated $450mn loss.” https://www.ft.com/content/386df3ee-4b9d-45c5-9ae1-d5dffb2a822e
  15. Q

    Becoming legit IRS registered trader. Questions if you can help.

    You are not answering my question. I provided a link to the two steps necessary to take for an entity: 1) Request 475(f) 2) Accountant needs to file form 3115 I am not aware of any additional actions required.
  16. Q

    Becoming legit IRS registered trader. Questions if you can help.

    How exactly the TTS qualification process works then? Do you submit some form to IRS? You keep saying that I am wrong, but not explaining what the procedure is!
  17. Q

    Becoming legit IRS registered trader. Questions if you can help.

    How do you think you request TTS qualification? Both individuals and entities start by sending 475(f) to IRS. IRS will look at your past tax returns to make determination (my assumption). What’s your understanding? https://fairmark.com/investment-taxation/traders/mark-to-market-election-1/
  18. Q

    Becoming legit IRS registered trader. Questions if you can help.

    Just to be clear: I am not suggesting people use C-corp. I am just saying that it’s probably best to use an entity rather than applying for TTS as an individual.
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