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  1. M

    K-1's on ETF's if I daytrade or sell short

    I think it’s based on EOD holdings, but I’m not sure. However, there’s an easy way to find out. Before the end of the year, buy and sell a few shares of the one or two stocks your considerating intraday and in 3 months you’ll have a definite answer. And please report back what you find out!
  2. M

    What to do with my life?

    To be fair, no one gives a crap about your risk until they see your performance is good enough first. Anything less than 15-20% is going to be a tough sell. Of course when you put up big numbers, you need to be prepared to defend your risk profile as well and hopefully you’ve got something a...
  3. M

    Tax loss harvesting with selling ITM Put options

    Nit pick - the term is substantially identical, not similar, for wash sales. That’s why options on a stock may be treated the same as a stock, but why different ETFs at least so far are not. ETFs, while similar, are often not identical in their index methodology, statistical sampling of...
  4. M

    Tax loss harvesting with selling ITM Put options

    Call option purchases trigger wash sales regardless, not like short puts where there is some subject elements of how likely it is to be exercised.
  5. M

    Is paper trading a waste of time or does it yield benefits?

    Applies to manual paper trading as well as paper trading algos :)
  6. M

    Tax loss harvesting with selling ITM Put options

    Doing that on the same day may put you at the mercy of your brokerages intraday wash sale matching rules, which are discretionary I think since I haven’t seeing good guidance on intraday tax lot matching. My $0.02 worth is that it would work like this, assuming chronological matching: - ITM...
  7. M

    Will indicating a retired in a margin application with Ameritrade get me rejected?

    I know some people with TDA margin accounts that admitted they were retired, so it’s not an auto-reject.
  8. M

    IB TWS layout nightmare

    When you start up TWS, before logging in, look for more options. Then you can expand the window and pick the version you want - stable, latest, or beta in order of oldest to newest. I also had some stability/resource usage issues with Latest and went back to Stable even tho there are some...
  9. M

    Optionsellers.com goes bust and the apology video is painful to watch

    That source is incorrect, like many on the internet when it comes to specifics and technical information. They’re confusing what their broker allows with what is allowed generally, such as at a self directed broker like the ones IRA investors in OptionsSellers.com used.
  10. M

    Optionsellers.com goes bust and the apology video is painful to watch

    You can to this with your IRA, it’s just that many of those incur taxes due by the IRA (at least if you make money) and most custodians are unwilling to do the UBTI paperwork for borrowing. In practice, traditional retail brokers will offer limited margin or nothing, and maybe a few lower risk...
  11. M

    Optionsellers.com goes bust and the apology video is painful to watch

    Skip to about 8min in after the intro if you want to get to the good stuff.
  12. M

    Optionsellers.com goes bust and the apology video is painful to watch

    You should really check with a tax expert that you’re not making an excess IRA contribution or some other prohibited transaction when you try to settle your IRAs debt with taxable funds. If you don’t have other IRA assets, it’s possible the broker won’t have a case to come after you for the...
  13. M

    Trading for a living....full time....only income

    if you’re not sure if you have an edge, maybe you don’t. For example, yesterday I knew I had an edge on some trade, and today I knew it was gone. It all depends on what you are doing. Sometimes when things change in the market or with your costs, operations, etc, you can tell (especially when...
  14. M

    Custom indicator for Interactive Brokers TWS

    You can certainly publish stuff to the news TWS feed (via RSS or similar), say if your API calculated indicator exceeds some threshold. If you want a chart, you might be better off drawing that yourself using the API data.
  15. M

    IB Sharpe Calmer and Sortino Ratios

    Yes, they are quite good. Remember these are risk measures, not return measures, but as long as your returns are also decent, these risk numbers are excellent. 1. They are important to measure realized risk. If you took lots of risk but it didn’t show up (ie short TSLA calls this month)...
  16. M

    $TSLA

    Once the stock gets to the low $200s, the margin calls for Musk might finish it. Here's the lawsuit. https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rESU9sUHniuA/v0
  17. M

    Tim Haywood / GAM - what's the real story?

    Update from the company, claiming as before it was paperwork issues, etc, reported from a single whistleblower in the firm they won’t disclose. http://globenewswire.com/news-release/2018/09/25/1575408/0/en/GAM-Holding-AG-Response-to-media-speculation.html
  18. M

    nbev shorts being squeezed

    Bought in
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