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    Filing tax return as day trader

    I have heard it just has to follow the format of the Sch D or D1 I would use www.gainskeeper.com or www.greencompany.com software
  2. I

    Very elementary, dumb question

    I stated with a $5000 at the first of the year at etrade it is now worth $8000 and I use low priced stocks. I buy a basket of 10 stocks. I had backtested the sytem long before I started and had an idea of where I was going. I have probabably done 15 trades after buying the intial 10 stocks. It...
  3. I

    M2M election

    Amend the return and add the 3115 Change of the accounting method by 4-17-2006
  4. I

    Series 6/7 question

    Check out www.hdvest.com
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    You're ideal system under $3500

    Check out here some really nice monitor setups http://www.tradingcomputers.com/
  6. I

    Journal of Poor Recent College Grad

    Here get a trial to www.vectorvest.com 5 weeks for $9.95 it will let you backtest stratgeies. It offers fundamental and some technical. Not a bad product. They also have a lot of training videos on their website.
  7. I

    Financial Advisor??????

    You use to have to pay for your license. Then if you ever got to earning any money they would allocate overhead to you. Check on site www.financial-planning.com they should be able to answer your question because this was 15 years ago when I talked to them.
  8. I

    college grad seeks advice

    Here is an option job...
  9. I

    college grad seeks advice

    It is real hard to get a trading job in New York unless you graduated from an ivy league school with a high GPA. Unless you go to a prop firm and put up $5K. Seems like Chicago might be a better place. Maybe be an asst to a floor trader.
  10. I

    Is it easy to find a good trader job ?

    A good trader job is hard to find. A trader job is easy with 5K in your pocket.
  11. I

    How to trade as a beginner?

    That is how all companies train no matter what industry you are in. The really big companies might have some formal training and it might be good or bad depending on the company. Just try to learn what you can and maybe in a few years it might all come together.
  12. I

    First profitable month ever!

    That is pretty good
  13. I

    Refco Owes Jim Rogers Fund $362 Million

    I will say if Jim Rogers don't get his money, he will want somebody to go to jail.
  14. I

    How much capital is good to start full time trading

    Start off small maybe 5-10K until you are consistly profitable.
  15. I

    GOOG earnings this Thursday, Calls or Puts?

    I hope you all bought calls
  16. I

    That 95% failure rate

    I prepare income taxes, I know most of the people that trade do not make any money trading. Most have over a 100K in losses. These are people that we do their return. I have one guy that is a CTA and publishes a newsletter on when to trade and what and he does not trade at all.
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    Financial Advisor or Trader

    Most traders don't make any money and their are some exceptions that do. It use to be every body wanted to be a broker or FA, now everybody wants to be a trader. Most fail, the smart one withouts ethics go on to sell systems that don't work or trading classes to a new class of suckers that paid...
  18. I

    I LOVE taxes!!!

    I think the only reason I would love taxes is, it would mean I was making money.
  19. I

    Paid to Trade

    You could always work 9-5 and trade forex at night.
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