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  1. stevegee58

    Scenario, please reply, tax rate

    I'm no tax expert aside from being a tax payer but I know you can't pay all your tax at the end of the year. You're required to make estimated tax payments throughout the year, just like your employer does monthly withholding. BTW unless you're making steady money day trading already I...
  2. stevegee58

    What is the effective capital gains rate?

    Depends on if it's long or short term cap gains. Day trading is short term which is taxed just like regular income.
  3. stevegee58

    Criminal charges against all tobacco company officers?

    Heard? Links or it didn't happen.
  4. stevegee58

    "favorite" or "like" for a thread

    I'll bet #1 is where I get to add forum sections like "religion and spirituality" to an ignore list. That way I don't have to see the new posts there when I click the "New Posts" button.
  5. stevegee58

    Long straddle into earnings, opening before IV increase, and closing before IV crush

    I messed with earnings straddles for a while and found Optionslam to be very helpful. Keep in mind that the IV for stock options reflect the market's perception of future price movement. If the market expects a big move the options are expensive, if a small move then the options are cheap...
  6. stevegee58

    Criminals who use Bitcoin targeted under proposed Florida law

    Physical US currency in the form of paper "greenbacks" is the single most liquid, anonymous means of conducting criminal activity. Not just in the US but world-wide. Bitcoin is chump change in comparison.
  7. stevegee58

    Why do people fear death?

    I don't fear death as much as I do prolonged suffering and/or loss of cognitive ability.
  8. stevegee58

    Non-display fees

    LOL you talk just like Eugene on The Walking Dead
  9. stevegee58

    Does IB charge fees for using their API to pull quotes?

    To answer the thread subject, no IB doesn't charge extra for data through the API (yet. see https://www.elitetrader.com/et/threads/enormous-charges-for-data-coming.308707/)
  10. stevegee58

    what are the two worst things a trader can do?

    Losing all your capital while learning Giving up
  11. stevegee58

    Triangular arbitrage

    "Forex brokers hate this one weird trick!" If I didn't have a conscience I'd be selling snake oil in the retail forex sector.
  12. stevegee58

    Triangular arbitrage

    LOL it's very, very safe. You end up in a position where you're essentially flat.
  13. stevegee58

    Private luxury aircraft, international travel

    Back in the 80's an old buddy of mine fulfilled his dream of getting a private pilot's license and owning his own plane. After flying regularly for a few years he got married, had kids, and that poor plane sat and sat (and sat) for decades at his airport. It's kind of like the old joke about...
  14. stevegee58

    looking for freelance programmer to code IB algo

    If this is a business start-up situation you might consider finding a biz partner who is a software designer. Even when the software is "done" you'll still need someone to maintain the software and add features. Going out to the software marketplace every time you need a change/fix is very...
  15. stevegee58

    Enormous charges for data coming?

    Um that's a misquote. They were talking about "T+3 settlement cycle" not serving the interests of the american people, not retail traders.
  16. stevegee58

    Great expert advisor. Working live since january + 200 % no martingale

    The zip file contains an ex4 file which is the compiled output of compiling an mq4 source file. He's hiding his "secret" whatever it is. LOL I just did some googling of "pz goldfinch ea". It's been buzzing around for years on click-bait sites.
  17. stevegee58

    Great expert advisor. Working live since january + 200 % no martingale

    ...and no source code. I left ForexFactory to avoid such things.
  18. stevegee58

    Mean reversion basket

    Meh. So what if they do? There's nothing new under the sun. I read an article in SeekingAlpha that gets my interest, code it up, backtest and find it interesting. All it does for me is simplify executing a system. No magical secrets involved.
  19. stevegee58

    Option margin - help!!!

    You're wrong, you are actually using margin when you're shorting options. BTW naked strangles are insane.
  20. stevegee58

    Software Engineer: $7,000 a year in China, $8,400 in India... $90,000 in U.S.

    Something else to consider is the nature of the work. There are tons of software jobs in the DC area (where I live/work) all in support of government/defense programs. Those jobs can't be filled with foreigners (US citizen requirement) and command among the highest salaries in the US. Software...
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