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    Reporting Long Term Capital Gains While Carrying Losses

    The carryover losses, $3,000 is allowed to be deducted from the tax return. You are right as far as long term capital gains goes, the first $38,600 is zero percent taxed. Here is an article on it. https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/
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    How do American style option spreads work in IRAs

    Erratum....Not sure how they would handle it if you do not have enough monies to buy the stock.
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    How do American style option spreads work in IRAs

    The last day to exercise stock options is on the option expiration date. If you do not have the cash to buy an in the money option, you should simply close out your options trade. In this case, closing out your option spread (both options will be closed), extinguishes your liability. However, if...
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    Reasons for trading difficulties....

    QQQ is not such a bad trade vehicle. On 02/11/19 closed at $168.40, on 03/13/19 closed at $177.01 or a gain of 5.11% for about 1 month holding period for the QQQ itself. I trade stock options so, bought the March 15 2019 $167.00 Call option on QQQ on 02/11/19 for $531.00, sold it 03/13/19 for...
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    What do you guys use to backtest a strategy?

    ThinkorSwim application of TD Ameritrade has a Think Back function where you can go back in time and test how you would have done as far as share prices and options prices go. You can do it by ticker. It is not a complicated algorithm though. I use it to manually, to test my actual options...
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    Jexodus

    To think, if they can be this vicious against Chelsea Clinton, one of the most favored elitists in the Democrat Party, how much more vicious will they be against Republicans, Conservatives and White people? Vile, extremists probably, would accurately, describe these people.
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    Need Advice on A Position (Major Loser) Dollar-Cost Average?

    The problem with that is you could end holding for a long time trying to breakeven. This is my story when I started getting into the stockmarket. Remember the dot com boom. I made $25,000 on EMLX and TLGD then, hell, I felt rich. Went to Las Vegas multiple times, treated my friends to lunch at a...
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    National Emergency

    Thank you President Trump. Now, the US Supreme Court can decide on the constitutionality of his emergency proclamation. Republicans in the Senate and House have failed their constituents by not funding the border wall in the time they had the majority! That is unacceptable!
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    Need Advice on A Position (Major Loser) Dollar-Cost Average?

    You might not like to hear this but, you got into this position without an exit strategy. Whether you are a trader or investor, you should have some risk management in your positions. If not, you will only need more monies! XEC is on a long term downtrend. Hanging on probably, will cause you...
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    Jexodus

    Never understood why Jews in the US support the extreme liberal Democrats. I have asked a number on Twitter and none would engage and explain to me why they continue to support Democrats. Other than probably, being extremely liberal in their views, I do not see any rationale reason to support...
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    Stoploss / protection ideas for TDameritraded a

    It seems to be adjusting one's position only achieves: 1) prolongs that trade which is probably, a loser anyway in the hope it turns and ends up a winner, 2) increase the cost of that trade since, you have to pay commissions, each time you adjust your position, 3) upside if any is probably...
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    Beto running for president.

    That is the scary part. We have over 58,000 illegals in Texas that actually, cast their votes. Over 100,000 illegals in Ohio registered to vote. How many in California? Probably, millions as the night of the midterm elections, we had minors registering to vote and in line that very night. Saying...
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    leftist elites: hypocrisy

    My comments are actually, directed to us average folks. We are in fact enabling the extreme liberals to thrive by sending our kids to these so called Ivy League schools. Extra liberal professors get paid six figures to brainwash your kids. The primary reason so many millenials think Socialism or...
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    Demoralized. Is 14 losses in a row normal?

    You have to backtest your trading system and actually, trade it! Simulation does not count. I had like 5 straight losing trades this past December and stopped trading for 1 week. Reviewed my trading journal and found I was reading the stockcharts wrong. Made adjustments since, then. After that...
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    leftist elites: hypocrisy

    If you are going to spend $100,000 or $200,000 for your child's education, you are better off starting a family business that your whole family can be part of. Or buy a rental property or two and build your equity and become rich in the process. Or if you are any good in stock trading, educate...
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    leftist elites: hypocrisy

    They are the biggest hypocrites who take every little bit of advantage that they can! In the latest college admission scam, the extreme liberals have the audacity to actually claim the bribes as tax deductible contributions to a fake charity they deducted out of their income taxes. The IRS is...
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    Reasons for trading difficulties....

    You have to be nimble enough to exit if you find that you are wrong. If my stop loss is hit, I exit right away. In the times, I hesitated and not exited, I ended up losing more monies. All these little things add up to quite a bit when you have hundreds of trades.
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    leftist elites: hypocrisy

    Ironic as a college education is overrated as far as success in life goes. Street smarts matter more and in Robert Kiyosaki's 4 Income Groups, being an employee or a self employed doctor is at the bottom of the food chain. Tax wise, you are better off having a large business or being an investor...
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    Options upon expiry - In the money

    If it is in the money, you should sell it on the options expiration day assuming you do not want to take delivery of the stock. Otherwise, if you allow it to expire in the money, TD Ameritrade which owns the ThinkorSwim application will exercise the option automatically. That means you need to...
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    Finally the Justice Department is investigating the Clinton Foundation over Pay to Play

    This is about time. Maybe, justice will finally find its way. I sure hope so!
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