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I see you are one of those fools who will see some post on Facebook and believes it to be true. The drug is real and dangerous this photo is not from the effect of this drug. This is Gangrene...

I run a business from home so I can trade on the side . In other words I don't have the type of pressure you have to make a living day trading.

Maybe you need to change your trading rules. Up $1000 for the day and your rules say hold to the end of the day ?? I would have been out of that position before noon. I have been Day Trading for 14 years however not for a living , been in the markets since 1986. The only hard fast rule I...

http://www.zerohedge.com/news/2013-08-22/hitler-finds-out-about-nasdaq-halt

Sounds like something you would hear from the talking heads at CNBC !!!

I closed out my AAPL Leap position and call write on February 12. After listening to Tim Cook speak at the Goldman conference I decided I no longer wanted to hold a long position at the current price levels and would only day trade the stock. My Friday option trades are just day trades , I...

All that matters here is that he has no wash sales remaining for Tax purposes. Wash sales early in the year are absorbed into future trades . If you have no trades the last 30 days of the calendar year you have no wash sales to carry forward into the next year. Pretty simple to understand.

As long as your last trade on any stock that might have a wash sale applied to it is greater than 30 days prior to December 31 you should be all set. I did this in my IB account – I had wash sale issues last year with my QQQ trades . This year I made sure I had no wash sales going into...

Log into the tax form section on the IB web site. Then change the option from PDF to Turbo Tax TXF in the section that says "worksheet for Form 8949". Download and save the file - then go to the import section of Turbo Tax and import it using the option "other financial software ( TXF file )

You have the option to save the data as a txf file , then you can simply import it to Turbo Tax.

Did you have any wash sale loss carry forward from 2011 ?? I think they actually got mine correct this year – my wash sale carry forward looks to have been correctly accounted for in 2012. I made sure I had no wash sales after November 2012 and only had the carry forward from my QQQ trades...

I did route via Acra to start. Bottom line - Schwab sucks . Never again will I trade anything with them other then long term or swing trades. After hours starts at 4 Pm - Schwab wont execite until 4:15 - WTF kind of BS is that .

ZNGA had very active trading after they reported , no reason for my trades not to go off , you can see I cancelled and re submitted many times.

I use their market depth trading window – I would not know if there were duplicate block trades as it was moving so fast and I would not pay attention to that anyway. Even if I did pay attention I doubt I could tell if there were duplictae trades being posted.

I don’t agree – IB after hours orders are instant – these bozos at Schwab should not advertise after hours trading when you can’t get anything executed correctly . Bottom line is Schwab sucks for trading . I could not even get the after hours route until 4:05 , I tried to route via...

My account was set up correctly for after hours trading and I routed it correctly for an after hours trade. I posted that Scwhab even confirmed my trade was live. As I said I had this issue a year ago when my account was not set up for after hours. There is no excuse for that kind of delay in...

The term naked is used when you sell a call without without owning the underling security or selling a put when you are not short the security . Buying a call or put is not called naked buying. My preference is selling naked puts on stocks that have been oversold .

I do not use Schwab as my Day Trading Broker – I use IB for that task. Today I decided to place a trade on ZNGA in my Schwab account with the intention to sell on any pop after the earnings release. Normally I just do this with IB and never have any issues. In the aftermarket I could not...

Mastacoli – I trade AAPL weekly options every Friday . I did purchase the Jan 2014 $430 leap last Thursday and started to write the weekly calls. It is a change in my Apple trading strategy but at these prices I could not resist. Don’t get me wrong I look at charts when deciding when to...

You technical guys amuse me. Like anyone really has a clue where the stock will base. 3 X cash at this level – still very profitable, cash generating machine fundamentals are as strong as they can be. They miss a little on the quarter and the once favorite is now a pariah among the dip anal...