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MopTop, go to www.optionalpha.com. They are in beta but are about to release drag-n-drop flowchart approach. I think that is what you seek. As others have said, what starts as "easy" hits limits. So, what you want to automate is really the key question. The next step up is TradeStation with...

If a funded trader builds up some retained profit buffer then that greatly lessens the risk for TopStep but TopStep still get the 20%. My point is TopStep (or SpeedUpTrader) have far more to gain from profitable traders than from failing traders. They want you winning. I agree that some of...

I looked at LeeLoo, Maverick, SpeedUP and TopStep. Based on my personal research TopStep is the most reasonable program. For Maverick, it seems they will profit too much from failure. LeeLoo has a trailing limit that NEVER caps, so not matter your level of success you will get hit. SpeedUp...

Are the accounts your accounts or the accounts of others that have granted you access? I suspect that will make a difference. I suggest exploring IB. If the accounts are your accounts then it is just sub-accounts. If the accounts belong to other people (less than 15 accounts) then possibly...

I watched the video. The advice seems quite reasonable. Not sure why there are the negative comments. Start small, be humble, build discipline, have stops and price targets. I suspect the suggestion for FAS/FAZ is for a high leverage (futures-like) products for normal stock accounts. I do...

The strategy is fine when used for the correct intended purpose. If one wants to collect premium and is fully comfortable owning the stock then fine. If one has a directional upward bias on the stock then not so good. If you are correct then your gains much less than just buying the stock...

Odd thread...It reads like a complete beginner asking honest questions about how to get started. However I see the post seems to be from a Prop trading firm? (a Risk Mgr at a Prop firm). If that is correct then maybe this thread is just "fishing" for customers?

LindQ is spot. Trade SPY as you wish Jan to late December. Then Jan 1st for 30+ days shift to something else such as QQQ. This will keep all you SPY trades in one year, with the 30+ day gap into the next year. You will not have a wash sales crossing the tax years, meaning no buy/sell of the...

Hi DC, I suggest the free blogs at greentradertax.com. This topic is their focus. Also, they have an eBook for about $60 that outlines the choices. I do not believe a way to avoid tax on realized gains but you may be able to deduct some expenses. If moving to a no State tax Stat is an option...

qlai, not sure about your specific needs but if you are looking to learn more about topics such as Trader Tax Status, MTM, expensing, or trading as an entity (corporation) then the GreenTraderTax site has tons of free content in blogs and videos.

About 3 years ago, I moved from San Ramon, CA to Plano, TX. I wish I had made the moved decades ago. Life doesn't need to be so hard (as in California). I like to hike, so the only negative is missing the natural beauty of California. I am planning a move to TN. No taxes and natural beauty.

I suggest caution with TA. I had a free session. The person had "never heard of" NIIT Net Investment Income Tax. I asked 3 times to make sure that was actually the answer. Also, they suggest a LLC Partnership approach. I made it very clear (twice) that it is just me, no Wife, no Partner...