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  1. Redneck

    Get The Hell Out Part V

    Well Sir if you would... Please explain to a dumb redneck - why I would want to get out Thanks Maybe I should add - instead of shorting it
  2. Redneck

    Tell me...is this really the hardest trading environment you have ever encountered???

    OP IMHO Truthfully the hardest environment I’ve ever encounter is /was between my ears Get that handled – most things fall into place :) Food for Thought
  3. Redneck

    Why Is The Obvious Not So Obvious?

    Sir With all due respect - Price is always what it is – never lose sight of that fact - Please However – intent – Now that may be something altogether different Regards
  4. Redneck

    Emergency Backup Plan

    Auspiv Thanks for asking – Everything turned out well as the position was immediately terminated over the phone (just took three phone calls too many, and chasing down a number which should have been readily available, and accurate – per my emergency backup plan) I amended my...
  5. Redneck

    Emergency Backup Plan

    I humbly submit this as a lesson in what to think about / plan for – in hopes it may help someone down the road Mods – My first thread so if I placed it in the wrong category – apologies – please move it accordingly Today I’m in a decent size long position, and at ~ 2:00 PM...
  6. Redneck

    Dow next level 7100 or 6800?

    It is Sir Take Care
  7. Redneck

    Dow next level 7100 or 6800?

    Simple - You fooling yourself if you think anyone can call it Facts Sir No one knows Market will do what it will do Best to go into each day opinion-less Every time we get a move folks are either calling for the end of earth, or glory be it's going to the moon Like I said Sir -...
  8. Redneck

    Dow next level 7100 or 6800?

    Yes - to "Will it go to 6800, or 7100" Absoultly it will :)
  9. Redneck

    How to hold a winning trade?

    OP, I will not answer the question you asked in your post because - I do not know your situation - the stock - or you However the answer to your subject line “ How to hold a winning trade” Easy – the same way you cut a loser – Detached – Objective – Discipline...
  10. Redneck

    Pros and Cons: LLC vs S-Corp

    Now you have me nervous :) – although I did have an independent attorney look the arrangement over..... And I had Legalzoom set it up However You can never be too careful where the IRS is concerned (and I simply deplore dealing with the IRS on anything) Good Feedback Sir
  11. Redneck

    NoDoji's Day Trading Log

    Now that is a delima Ma'am:)
  12. Redneck

    Pros and Cons: LLC vs S-Corp

    "C" Corp Due to corp tax rate being a lot better and the way dividend payouts are handled
  13. Redneck

    Pros and Cons: LLC vs S-Corp

    FWIW & IMHO I use them So if you put any stock in the stuff I post Try em - You can always say no - or walk away If you don't - then no use in me saying try em Take Care Redneck
  14. Redneck

    Pros and Cons: LLC vs S-Corp

    FWIW I have no clue Sir
  15. Redneck

    Pros and Cons: LLC vs S-Corp

    Yes Sir, and my Wife and the Tax Lawyer agreed And I agree with your previous post 100%
  16. Redneck

    Pros and Cons: LLC vs S-Corp

    I never meant to air my business affairs to the world But to keep it real Realize I have it setup this way to manage money (I'll leave it to you to decipher this) Me & My Wife- owns 100% of Corp. 90% of LLC Files appropriate personal tax form Corp Gets all benefits...
  17. Redneck

    Pros and Cons: LLC vs S-Corp

    No Sir My accounting knowledge is non-existent – My wife is the CPA, plus we have a tax lawyer on retainer The meetings are not bogus – they are quarterly meetings No self employment taxes due, I am a employee of the LLC (my personal salary is relative small and so are the taxes...
  18. Redneck

    Pros and Cons: LLC vs S-Corp

    No problem Sir Initial set up $770.00 (hardest part was coming up with a name) The only reoccurring cost (Fed / State taxes non withstanding of course) is for a Registry Agent (Think official mailbox for the business) ~$169.00 But all this - along with “everything” associated...
  19. Redneck

    Pros and Cons: LLC vs S-Corp

    Sir We've discussed this before - maybe search I have an LLC, and a Corp, and yes it's worth it hands down... I set up the LLC first, then the Corp later on to manage the LLC. (eta I trade under the LLC) I used leagalzoom.com both times to set them up Take Care Redneck
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