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What you have on your 1099-B form is what is reported to the IRS. If you bought the same stock you sold within 30 days, that is considered a wash sale. A wash sale disallows any losses claimed if you buy the stock back within 30 days. So, in this case, your realized gain is $4000.

You got to question your husband or wife if they do not support you! There is no excuse for it. Sure, George Conway being a liberal has the right to his beliefs but, opening his mouth at every turn to bash the boss of your wife is as classless of a person you are! In effect, he is embarassing...

Jeff, nice to see you. Did not know you took the Pristine Seminars. I did not take the Pristine Seminars but, bought the DVDs and manuals from a student so, I pretty much understood the method. It atleast, gives structure to your trading. Added my own twists to it and risk management of my...

Looks like this guy is a Neocon who wants the US to be involved in more wars? How is that good for the US and its economy? GW Bush spent how many trillions in the wars in Iraq and Afghanistan? Barack Obama continued it! Again, no exit strategy! We should stop being the world's policeman. I agree...

A lot of the mistakes traders make is their doing. It is self-inflicted. Fortunately, it can be corrected if the trader has the will to change! I am probably, one of the few who talks about this topic but, if you do not have risk management in your trading, you might as well pack it in! Remember...

You have to take what the stockmarket gives you. At times, that could be 10%, other times, you have a strongly trending stock and it gives you 100%, 200% or more. Should you bail out and take it? It depends on your trading plan. If your trading plan calls for you to exit then, sell it. If not...

Trends last longer than most people think. It is called dollar counting. Last December 2017, I made that huge mistake. I took $1,900.00 in profits on 3 options trades too early. Had I waited just another 2 weeks, my profits on my put option trades would have been $11,550.00. This was on put...

Feeling secure about losing monies isn't it either! Your attitude should be to protect your monies first! Risk management should be job number 1. A lot of retail traders get into trading with the dream in their heads of making millions. Not totally, blaming them as salesmen promoting seminars...

Selling a call option will give you premiums to reduce your cost but, little protection at all! The small amount you earn is not worth the risk of losing your shares. A better option is buying LEAPs options which have a longer expiration date. I am thinking you have a large possible capital...

Most will not qualify for trader tax status. I read you have to have 760 trades. My trades are around 250-300 in my IRA. Also, you have to show you are making monies and they are talking millions. How many retail traders will reach that threshold? I do not think too many. However, they are...

You are better off position trading and trying to hold onto your stocks for 1 year atleast. The first $38,600 of your profits are tax free. I intend to adopt that practice to a small account I have which is a regular account. IRAs you can trade options and swing trade. No tax consequences and...

Have a trading plan. Actually, have multiple scenarios already planned out, Plan A, Plan B, Plan C, Plan D. So, whatever happens to your trade, you are prepared and ready to act! Discretionary trading for the most part results in bad decisions for the retail trader. They say think like a robot...

c) Does not really apply to this case. Something for nothing cases are like those telling you how you can make $1,000,000 in the stockmarket without addressing how much monies you need to put up, does talk about the risks of losing your monies and just peddles the dream that if you attend their...

Lock them all up! This is the tip of the iceberg. If they were really doing their jobs, the top officials of the Democrat Party would all be prosecuted for all they have done violating various US laws with impunity!

That is for the liberal echo chamber to sort out! I do not mind seeing them attack each other!

You know they are just setting it up for Hillary Clinton. Now, they have the excuse to say, Joe Biden cannot do it so, you do it Hillary! You are highly qualified for the job after all! Ha ha ha!

Yet, you have Christians being murdered daily in muslim countries and nobody cares? How about whites being murdered in South Africa? Gays being thrown from buildings in muslim countries? Trump supporters wearing the red MAGA being beaten up viciously and a non-event? Religion of peace adherent...

Democrats keep talking about being inclusive, tolerant, loving all people, treating people fairly, etc. yada yada yada in front of the camera. Once, the cameras are turned off, they are the most vile, hateful, intolerant group! Would make sense for them to back Islam 100,000% as it is a very...

Beto O' Rourke just added his name to the clown car. Already, hard at work asking for monies! Keep them coming! The more the better! They will spread the cash out and end up exposing each other's skeleton's in their closet. They are calling Beto out on his misogynist writings including, calling...

This guy is a Socialist fascist which is part of the Democrat Party values. Let us not forget that Adolf Hitler was a Socialist. NAZI meaning Nationalist Socialist Workers Party. Being Nationalist is being demonized by the extreme liberal Democrats! China and Japan are fiercely nationalist, is...