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But not all of your profits are taxed at that rate, because it is a progressive system with marginal rates.

I am not a tax expert. Consult a tax expert like Green Trader Tax if you want more definitive answers. I believe that is correct. I believe it is more nuanced than that after studying Form 8621 instructions: https://www.irs.gov/pub/irs-pdf/i8621.pdf The way I read this is you don't have...

This pretty much sums up how idiotic hedonic adjustments are: https://priceillusion.wordpress.com/2014/11/04/manipulating-the-consumer-price-index-hedonic-quality-adjustments/

See, I knew you believe in hedonic adjustments. In my opinion, hedonic adjustments are just a useful way for governments or individuals to mask inflation. Your argument does not convince me that these adjustments are in anyway useful.

You sound like you believe in hedonic adjustments. I bet you that after your hedonic adjustments you could make healthcare costs look like they are deflating! Unfortunately for you, hedonic adjustments are complete bullsh*t.

I call bullsh*t.

Consider adding a time stop to your set of tools. So if the thing that you want to happen doesn't happen within a certain time window, just exit and reevaluate.

I'm not totally sure what you are asking, but if you are a trader then you get to write off your business expenses against your trading profits so that is an advantage. GreenTraderTax's tax guide might help you out with these questions.

Nice job. Still think you are crazy. If you have a few more days like that, just pay off the loan ASAP.

Diversify. Gold, silver, bitcoin, real estate, stocks.

I wouldn't trade that strategy unless you have 1,000,000,000,099,301 dollars.

Doing a google search, you would be surprised what you can find: http://www.quantshare.com/sa-426-6-ways-to-download-free-intraday-and-tick-data-for-the-us-stock-market

If you want to be a trader, you have to know when to stop out. So keep your job and if you need 8% a month for it to work and if you don't make 8% in your first month, then stop out. Pay back the loan. Reassess. Or come up with some black and white measure of success and a time limit and if you...

The problem is because HFTs exist, the spreads on things are terrible even on supposedly high volume stocks. So you'll be losing a huge spread plus that one cent if you are submitting market orders. Didn't used to be this way before HFTs came around. But HFT proponents love to talk about how...

Are these market OPG orders or limit OPG orders? It is normal for listed stocks (AMEX or NYSE) to take a random number of minutes past 9:30 before they open. For NASDAQ stocks, it should be immediate.

I think it is more for you to call their bluff when they come knocking.

And there are some sections of the code, like dealing with PFICs, where they can go back as far as they want. So keep everything until you kick the bucket.

I am not debating whether they are smart. I am just saying I think Market on Open orders exist.

Do you mean you are getting filled but at a different price than you expect? Or you are not getting filled at all? Are these market or limit on opening orders?

I thought you could do Market On Open orders.