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OK you were right - I was wring. The FINRA site says they apply to margin traders. I never knew that before! So that is a perfectly valid reason then for leaving it a cash account!

PDT rules apply to a cash account too......they apply to all accounts under $25,000......

You just need to change it to an "IRA margin account". You just have to check a box in account administration to do this. A day later you will be able to do all those things. There are *no* disadvantages to this. It dos *not* mean that you can trade stocks on margin - you cannot do...

Capital gains are not income.

I would suggest go with your inclination and try OptionHouse. You can always switch later - it is very easy.

See http://www.interactivebrokers.com/en/p.php?f=commission

Sure you can do so with Interactive Brokers among others. Nothing more to it than that. http://www.interactivebrokers.com/en/trading/exchanges.php?exch=venture&showcategories=&ib_entity=llc Trading is in Canadian dollars.

It seems there aren't any. Just restart the program once a day.

http://monevator.com/2010/11/25/withholding-tax-on-dividends/ has a list of some ETF's domiciled outside the U.S. Also it seems that you should be able to recover taxes paid on individual stocks.

You need to check if the other brokers you mention require 3-day settlement holds on all stock transactions in all IRA accounts. Most if not all brokers other than IB do so. If they do place such holds, and I suspect they do, then that would completely rule them out for me, leaving IB as...

When you saw unauthorized trades, did you notify them immediately? If not, you ratified the trades by not complaining. Anyway, first check if they are a member of an organization that offers arbitration or are regulated by an entity you can file a complaint with. If not, sue in small...

But if you are saying that you could not get a fill even at the least favorable to you of bid and ask, then possibly they were taking a break and the market was not trading just at that moment, or you were in pre-market, so that the bid and ask were not live. In that case they will show a stale...

No - the reason your limit order was filled even though it was inside the market maker's bid and ask is that another trader saw your limit order (possibly even before it showed up on your quote screen) and accepted the price. In other words, it is normal to be able to get some fills inside...

It just means the last trade was a little while ago so it is stale.

What I do to churn commissions is sell far out of the money options spreads on some liquid stock. That way you can actually *make* money as well as churn commissions. As a matter of fact this has been very profitable! Yes you need to be a little careful in choosing.

The answer to the first question is Yes. The IRS instruction say to do so, and explicitly say, do not write "Available on Request," which is what a lot of preparers used to do. Will they look at the details of your schedule D-1? No, not unless they select your return for audit.

To do it at IB, one can: (1) Go ahead and open the initially-empty account online at IB. You may wish to make it an IRA Rollover account as opposed to an IRA account. although you do not have to. (An IRA Rollover account may be easier to transfer back into a pension plan). (2) Indicate...

I have an IRA account with IB that was rolled over from a pension plan. IB arranges all of the details re administrator/ trustee etc. You do not need to worry about that at all. You cannot sell stocks short in an IRA. You also cannot sell naked calls. Option spreads, long and short...

The security device is optional at account setup (at least for me it was and I declined it). It recommends it during the account setup buy you can decline it at that time. However, once the account is set up you cannot remove it. Also certain forms of withdrawal and transfer of funds...

There is technically (and in fact) no margin loan with futures so you do not run afoul of IRS regulations about borrowing against assets.