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    i've lost 400k the last 2 months i'm quitting

    i've dropped 400k since may 10th and i'm throwing in the towell dead broke. i was long everything from mrvl to brcm and was margined huge. i just couldn't take a lose and now it's over. i wish all the best of luck
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    Disheartened.

    the truth is the key to scalping short term is taking alot of shots and having cheap commissions. take many of the traders on the p@l board ,put them at .007 or so and commissions eat them alive.scalpers take a ton of shots with small stops out to get the 50 cent to $1 move. i used to trade...
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    Self-employment tax for LLC

    truth is 8 years ago i was scared to death of trading billions of $'s of trades and if the irs would bother me. all these so called trader cpa's all said get a corp as to avoid scrutiny by the irs as you're trading so much. and they'd say you must itemize every trade and they'll get you on the...
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    Self-employment tax for LLC

    trader status you must be talking about taking income as a dividend. many people take a small salary and then take a portion of money as a dividend to avoid se tax. problem is if you have 100k to take and take 25 k as salaryand 75 k as a dividend it won't fly
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    Bright Trade

    I agree that's what's amazing. Cash money is sniffing around here looking for some victims to sign up at 1 cent a share.Whats a real slap in the face is they charge you those crazy rates and then want you to get a series 7.Bright can never be a price leader as they clear threw gs which probably...
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    Self-employment tax for LLC

    i think you're incorrect. all income from an llc flows to your return and is taxed as income. go to robert greens site were he recommends an llc so one can do a retirement plan and write off your health ins but the only downside is you must pay se tax. with the great 60/40 long term /short term...
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