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Get a second professional opinion. Asking for anonymous advice from those of unknown capability does not make sense.

why do you need proof? the OP is not selling anything; and he is one of the knowledgeable people on this board.

It is unlikely you will raise much in the way of funds. But more importantly, your chances of achieving an interesting 2-year track record with good stats is a 100 to 1 shot.

This is entirely false. Every LLC distributes all of its income to its OWNERS as a K-1. That income goes on their TAX STATEMENTS. They are responsible for their FICA, MEDICARE, etc. That is about 15.3%. The ONLY WAY you don't pay this, is if your employer paid half, as is customary. ALL...

Does not work that way. The income is distributed to the owners, it cannot stay in the L.L.C. It is INCOME, and the approx 15% tax must be paid. The owners are responsible, PERIOD. The income PASSES THROUGH to the members of the LLC and goes onto their tax returns, and sleight of hand only...

First of all, this thread may have misfired, since the OP is probably talking something like a 1099 MISC INT or DIV Then is was assumed he was talking about a 1099, such as compenation for an independent contractor. That said, an LLC has nothing to do with that issue, as an LLC is "a legal...

+++++10. I cannot imagine he has read all the negative responses to his lengthy diatribes, and just does not get that no one who understands trading takes him seriously. OK, most of us are anonymous and we all have our weaknesses, hopes and agendas. But constantly stalking newbie traders...

I would say any agent would cost you at least 10% of your take, so you would be negative assuming "7-8%" And many agents have a habit of doing the minimum. When I took over a property, the tenants said the management company was poor...

You cannot trade futures (USA) directly in your retirement account, and I am not sure about forex. You must open a brokerage account through a trust company, biggest I think is Millennium Trust. But they charge like $75/quarter per broker (and maybe, per account), and I was informed that IB...

Open a Roth IRA. If you trade futures/forex, do it through InteractiveBrokers. "Trust" me...

had small apartments buildings for over 10 years. There is no place to begin to tell you about all the pain that renters can bring into your life. Those "don't wanters" who the books tell you to buy from? Those may be you in 5-10 years. I will give you one piece of advice. Far and away...

That is a sign of internet forums in general. When everyone is pretty much anonymous, then flaming and insults reign. There is one person on here who has at LEAST 70 different aliases, and keeps switching his IP address so he cannot be banned. But that is everywhere. Some of us have called...

Options are a terrible starting point for newbies. Buying them causes time decay, so even if you are right you can lose money. Writing them is a hyped way to "earn income from expiring options" which really requires deep pockets and is prone to sudden blowups. In addition, they have a lot...

Most people who start a website seek one thing: Eyeballs & Targeted Traffic. It is worth a gold mine. On the busy internet, it is hard to get people to pay attention for you. A number of sponsors have chosen to do this, paying EliteTrader a goodly sum for this right. But on Elitetrader...

You must be joking...

Well for starters, everything...

sooner or later, you gotta trade your strategies with real money (even just small size). Simulating this stuff is not going to tell you what really happens

People with self-contrived "moral convictions" who then insult others by demonstrating they will sacrifice for part of it? On the impressive scale, that is a little below zero...

and, the hebrew word for "circle" as used there, allows for "sphere"

Yes, you do go on and on and on and on And your credentials for deciding how religion or a god or gods should work and function? Oh, that's right, a correspondence course in game design and a hatred of getting a college education...