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to those that reach trader status year to year... since they question how many trades a day you make in order to qaulify .. as an example, does it matter if i buy and sell a 100 lot once a day or putting in 20 orders of 5 lots to reach what the ideal amount of trading should be done?

How do you find the information of what you can write off? I've spoke with my current CPA and they are unfamiliar of which write offs pertain to the trader tax.. That is why I'm debating to payup to this cpa b/c he's known for it, but a bit expensive.. By the way this cpa charges 150 per...

I've spoken with the greencompany and it seems that I meet the requirements to form an entity to recieve trader status through the eyes of the IRS.. However, since I don't have much EXPENSES it doesn't seem like it's worth forming my trading as a business to recieve write offs. Am I missing...

great thanks for you input.. how do you like the customer service?

anybody have reviews or opinions of using the greencompany.com ? are there any other recommendations if you have chosesn to use another company?

If trading through a retail broker, you can set up a LLC practically any state? I rent a condo in Illinois, however I'm not sure how long I will stay.. I may want to use my parents address in another state.. I'm thinking I have to set up an LLC where ever I file my taxes.. I want to set...

Maybe I misread the entries, but isn't the crack spread Ice gas oil (ipe) - Ice brent (ipe) a 4:3 ratio with the spread market only allowing you to trade 4 lots .. https://www.theice.com/productguide/ProductDetails.shtml?specId=231 Where do you get that it is 1:1 ? When you trade Nymex...

Newbie questions, for those of you that have done it .. After forming your LLC for your trading, how you do go about your trades. Do you go to your retail broker and set up a new account under the LLC? Or would you just change your existing one to the new one? I may be wrong but won't...

Hi, these conversations have been helpful generating ideas.. If I am an employee of a trading llc , are there conflicts if I start my own entity for tax purposes for my trading that is outside of the groups? Thanks in advance..