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Self-employment tax (Social Security and Medicare) is never paid on capital gains, just on "earned income". It does not matter whether you have filed as a "Trader In Securities" or a "Trader in Commodities", so long as you file as an individual (1040). Jack

In 12 years things have changed. And they continue to change. Hackers are getting much better at "breaking and entering". Using IB's secure token system takes me about 15 seconds per logon. 15 seconds for rather good security seems worthwhile. IB provides the device for free. As other...

I think they use FedEx. Jack

So - "if close of bar is less then open, it is a down bar" is a down bar even if its Open and Close are both higher than the range of the previous bar? Does it make any difference if I'm short or long?

OK. I'll wait until there is something more substantial. I can see where a definition of up and down with regard to a bar is vital to understanding entering a trade. I'm intrigued by this "short sale" stuff I've seen elsewhere here on ET. Are up and down reversed from a short perspective?

Joe: Sorry, misconstrued your objective. I really think we need to define "good bar" in a specific trading environment. Obviously (at least to me but I'm not that good at charts), a single bar means nothing. It just shows what happened during that bar's construction. We must compare it...

Joe: My criterion for a good bar is a good, happy, hour. Or perhaps a good happy hour. Jack

Read through this thread for more info on your question. In the thread IB means Interactive Brokers but the info on commodity futures account protection (or lack thereof) applies. http://www.elitetrader.com/vb/showthread.php?s=&threadid=121640 Jack

Read through this thread for some ideas: http://www.elitetrader.com/vb/showthread.php?s=&threadid=120492&highlight=IB+and+base+and+currency You seem to be new to ET. Learn to use the Search feature. It's in the upper righthand corner of the page. Jack

If I were you I'd figure how much I planned to trade with in my local currency and then transfer the funds to IB to ensure you have at least US $10K to get the account open. It can go to less than $10K after it is opened. If you plan to trade frequently become familiar with the SEC's "pattern...

http://www.elitetrader.com/br/?action=view&R_FirmID=43

Do a search here on ET for "in-sample" and "out-of-sample" testing. The search selector is in the upper right corner of the screen. Search with and without the hyphens. You could also try "optimize" and "optimization" but they will probably return lots of extraneous hits. "Over-optimize"...

Tax treatment of Forex is tricky. Read the following: http://www.greencompany.com/EducationCenter/GTTRecCurrency.shtml I don't trade Forex but perhaps someone that uses IB could tell you where IB reports Forex trades (1099-B, block ?) As to margin - I'd setup an IB paper trading...

I think the indicator you "cannot share" was previously completely revealed as the Ex Post Facto Indicator " in Old Possum's Book of Practical Charts. Jack

Maybe it's because stocks have either 2 to 1 or 4 to 1 margin requirements and FOREX has a 50 to 1 requirement? Seems much riskier to me, but I don't trade FOREX so perhaps I don't understand the risk involved. Jack

Joe: I don't use charts except to plot my equity curve. My blackbox system just produces signals that I trade on. However, I am very interested in these trading charts you guys are producing. My question - Is it a lot more expensive to make a chart that I can read such as that...

Let me try: You have $100k cash in your IB Universal account. IB puts it into the equities account. That is a SEC regulated account and is covered by SPIC. Therefore $100K is insured by SPIC. Now suppose you buy 10 ES contracts at $1300 and hold overnight. The initial overnight margin...

GTC: My earlier post was a guess, as I indicated. After reading the two links I posted later I agree, it's not. But I do think OT has nothing to fear. Jack

IT would appear that the key to what is being reported is in the statement that it is based on the "FINRA/NASDAQ Trade Reporting Facility". See http://www.nasdaqtrader.com/Trader.aspx?id=ACT and http://www.nasdaqtrader.com/content/ProductsServices/Trading/TradeReporting/trf_faqs.pdf If I...

OT: I primarily trade futures. But, reading the posts here on ET over the years it would seem that when stock traders elect the unbundled commission structure some of them are working the "provide liquidity/take liquidity" end of things. It would be my guess that IB must be identified as...