Search results

Yep, big money was made in the move AH. I made a decent amount, +33,000$, but some made far more. http://www.elitetrader.com/vb/showthread.php?s=&postid=2827533#post2827533 g

+33,000$ on ITMN afterhour trades, 20K blocks. This may bounce more tomorrow but who knows. g

Ummm yeah not so much... Sometimes some of the best trades that I do cost the least... Made 133,000$ off RPRX this past week and the commish between both Bofa and ET account was probably 400$ total. http://www.elitetrader.com/vb/showthread.php?s=&postid=2822732#post2822732 puts me up...

Thanks, NoDOji, and nice job to you too! g

+133,000$ on RPRX, the swingtrade worked out. http://img52.imageshack.us/img52/3256/43010rprxbuys.jpg http://img710.imageshack.us/img710/9643/43010rprxsells.jpg g

OTOH, I looked at my Bofa account, which is about 70% of the size of my Etrade account, but I trade much less frequently on that one... I have 100K$ in profits on that one, but it only cost me 3K$ in commissions. hmmm... g

Well, it totally depends on what type of trader you are... if you are a swing trader, perhaps you have a decent or good edge in that you only need a trade every few days, which would only be, say, 50$ per week, or 200$ per month, or 1000$ :P But of course when you start being forced to break...

I'm at 22,000$ this year, and that is just in one account... I think Etrade loves me and btw the other is about the same size... g

Actually, I am glad there is NOT an exam for the stock market, because it allows decent traders to make tons of money on those who follow the crowd... :p As far as SIRI goes, it pretty much was a big board version of the pennystock pump and dump... So typical. g

Yeah, I saw it a couple of months ago... kinda boring rehashing of multiple interviews on SIRI fanatics... some of whom were annihilated, some of whom spend all their life living at home with their parents and trying to sue SIRIUS... g

Exactly... even more important as to why a successful trader will not want to divulge a profitable system is that he (or she needs) people to take the opposite (i.e. wrong) side of his trades... I have a system that has been working for me, and unfortunately for all of the non-profitable...

I appreciate this quote, and this is what I am going to fall back on for this year, but lets just say (and humor me here) that my daytrading income stops here at 300K$ for this year, and next year my income goes up to 500K$ then my question is, can I invoke safe harbor AGAIN and say that I...

But does the 110% rule also count from the 2nd year to the third year? let's say I end this year making 300K$ on my trading, and the next year I made 500K$ does that 110% rule hold for the 500K$ year as well (in that I could invoke safe harbor AGAIN and only have had to pay taxes on 330K$...

Ooh, that would be awesome... because since I only made like 150K$ trading in 2009, then since I am on track to make well over that this year (knock on wood, I know... since I have already made 300K$ in the first 4 months) then you are telling me that I might not be penalized if I paid the...

But I guess the argument about not paying estimated taxes, is that it is not like year to year taxes, right? Let's say you made 100K in Q1, then didn't pay any estimated taxes, but lost 100K in Q4, and then were flat for the year... you wouldn't owe any taxes for that year, right? Whereas...

Ok, I think I am going to have to enlist the services of a CPA to handle this stuff... never had to do it before, but I think this is too much of a pain in the butt to deal with myself. Anyone have any ballpark figures how much that costs? g

Thanks for the reply. What is the interest rate that you have to pay if you don't pay enough at the end of the year? I was wondering because so far I have been having a great year and if that continues, then it wouldn't be worth it for me to take the money and use it to pay taxes, when I could...

Hi everyone, Got a question about estimated taxes... last year I made well into the 6 figures trading, and this year I'm already up about 300K$ trading for the first quarter... just wondering who pays estimated taxes and what the penalties are for not paying them/when the deadline is...

Posting once a week, drawdown, then back to +323% YTD g

Drawdown this past week... Does that make my YTD more believable? 248% YTD. g p.s. what are your YTD gains? a screenshot would be nice too...