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If your trades are a gamble, then you need luck. :)

One more word of advice. If your trading is not profitable, lower the amount of shares you trade to a bare minimum until you get it right and the money starts coming in. JMO

RAH2153, Here's some info for you. http://www.fairmark.com/capgain/wstrader.htm Once you make the Mark to Market election you cannot go back unless you get consent from the IRS. Note: I never tried it so below is as much a question as a statement. Not sure if I'm correct here...

Thanks, I've referred to them as R1.5 R2.5 and so on. I don't think anyone really ever needs anything beyond R3 or S3 but I am curious to the formula for R4 S4 and beyond if anyone cares to show it or PM me. TIA:)

M+ M- ???:confused:

Nice one. LOL:p http://www.geocities.com/wallstreetmoney1/Photo.html

Cool, good to know summarizing passes. I guess if everybody does it this way they can't audit everyone. I've heard stories of people getting conflicting info from the IRS so this doesn't surprise me. Summarizing sure does make expensive offers like Gainskeeper look obsolete. LOL I never...

Janko, Hate to spoil your day but I personally contacted the IRS on this subject and they said you cannot do that. You need to show each individual trade specifically. But they said it's ok to print them using a capital gains report or any other method of listing them. Just call...

Marc, No need to get defensive about it. LOL I'm currently using a 100 to 200% unsubjective strategy for safety. But I have a 10,000% strategy up my sleeve I'm not ready to use yet, so your measly 600% strategy wouldn't phase me. LOL But I do see where you're coming from, no need to expose...

Marc to Market, I'll verify for you. Just PM me your strategy, I'll back test it and get back to the board for verification. GT

I have both, Quicken is best. GL

Toad, I recommend getting Quicken and keeping track of your trades in Quicken as they happen. Then at the end of the year you can make a Capital Gains Report in Quicken. Call it Schedule D-1 Continuation Sheet. In minutes you'll have the biggest part of your taxes complete. I've heard of...

Kayman, what equipment are you using to get those pics? They're pretty clear.

FX, The world better watch out. We can take them. Better not piss us off. LOL :p

Remote viewing works. Here's proof. LOL http://www.ttrader.com/mycharts/display.php?p=10274&u=mrwsm&a=MRWSM%20TA%20Charts&id=242 I might need some brushing up on my RV.:)

A MOMENT SEIZED IS A MOMENT SQUANDERED

AN ARMED SOCIETY IS A POLITE SOCIETY.:)

SMH is nice, a little more volatile and risky. Also looks like a new ETF is coming that will track 3500 stocks of the Nasdaq. 03/03 15:59 Nasdaq Planning Exchange-Traded Fund Based on Composite Index By Aaron Pressman New York, March 3 (Bloomberg) -- The Nasdaq Stock Market, the...

Are you saying it's good for shorting?:confused:

Screw IB, if you're swing trading small or large amounts of stocks get an account at www.Freetrade.com. 25 free trades per month market or limit and no per share charge. Their fills are quick and very competitve. After I got an account there I dumped Scottrade. Never even considered IB...