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I thought CME would halt at 2515. What am I missing?

So....where is that government Plunge Protection Team???? Maybe Trump fired them and shorted the markets. No bounce at the 200 MA - Scary!

It's now available. You can short with a $40K margin requirement! You only need a 9K margin to go long. And it's $5/contract. And don't forget that you need special cryptocurrency trading privileges to trade the bitcoin futures. It can take up to 24 hours for approval. I also have an...

I appreciate the reply, but I was asking if a quality workstation will fix the issues I outlined. I prefer to stay with a desktop rather than a laptop. I know technology has come a long way and today's laptops (such as the Thinkpad you're showing) have specs which rival desktop workstations...

Currently, I'm using a Sony Z2 laptop with it's separate external dock (Blu-Ray and video card) to run 3 external monitors and the laptop display itself (4 displays total). Here are the full specs: https://docs.sony.com/release//specs/VPCZ21SHXX_mksp.pdf I have two brokers. I have both...

What are the spreads? Tradestation doesn't charge any trading fees for forex, but their spreads are outrageously high. For example, a $100K trade on the Eur/Usd will cost about $60 due to the high spread. And you can trade in 1 pip increments, but it doesn't help when the spread is 60 pips...

Have a friend (or an investigator) act as a potential client and make an appointment to see them in their office. Or potentially make an appointment with another office on the same floor. Then walk in and serve the firm.

robbo, Of all the services with streaming audio that I tested, Benzinga has the most stock specific news. TradeTheNews comes in a close second. Benzinga also has a lot of insider buy news as well as big options volume plays as it happens. The downside of Benzinga: 1. Not 24 hours. Their...

I did a YouTube review of various news services (that include audio) a couple of years ago: Not much has changed. Based on my own observations, TradeTheNews.com is the best overall. I also keep a subscription to Benzinga. Benzinga is a heck of a deal for the price. But it does have a lot...

There's a different story every where you look. I've had my insurance policy for the last 8 years with Anthem. I pay $350/month, but I have a $5K deductible. I checked the new health insurance exchange (California) and for $350, I get my exact same policy with a $500 deductible, plus a lot of...

Hold on there.....I highly object to people who choose to stay healthy by going mountain biking, skiing, or other dangerous sports as opposed to those who choose to stay healthy by taking long walks. Why should the people who choose the safe sports end up footing the bill for the idiots who...

As a person who has to get his own health insurance, I kinda agree with this guy: http://www.youtube.com/watch?v=ql9RVy6FWkg And remember folks, it's real easy to fault all kinds of issues with healthcare both before and after Obamacare. The problem is that no one offers any solutions.

Your link says "must authenticate", so I can't read it. The income is reported in box 7. I did do a separate Schedule C and combined it with my trading expense Schedule C and brought the total forward to Line 12 of 1040. This in effect lowers my expenses and shows higher income, so I pay the...

Thank you for the detailed response. I looked into putting it on line 21 of the 1040, but my research showed that was for unusual and non-recurring items. Unfortunately Google deposits the checks on a monthly basis in my account, so I didn't think it would belong there. And the SE...

Agreed. Most of the cases I have studied pertained to those who attempted to offset some other significant income with trading losses. It's my belief the IRS does not pursue anyone due to errors if the resulting recovery amount isn't material. A few hundred dollars, even with penalties and...

Thanks for the link. I'm going to purchase this and use it for next year. However, why wouldn't I qualify for trader tax status? I trade on a full time basis and it's my only source of income.

sprstpd, I completely agree. And I do want to pay my taxes. But how do you just "transfer" a portion of your 4797 to your Schedule C without confusing IRS? I don't just want to make my own rules in preparing returns. I certainly don't want to raise any red flags either which may further my...

Tiddley, thank you for the reply. That is exactly how I read the instructions for Form SE. However, my Schedule C for my trading will always show a loss since it only lists trading expenses. This was per the mark-to-market instructions. So even if I make money trading, this Schedule C will...

Once again, I'm doing my taxes last second (on an extension)....oh...I never learn. Some info: I elected Mark to Market back in 2009, so all my stock trades go on Form 4797 and my futures and Forex go on Form 6781 (1256 contracts). My Schedule C is for writing off expenses only...

bidwell, thanks for the link. Luckily, I elected MTM years ago and don't have to file a 8949. I just need TradeLog to accurately report all my trades on 4797. I still have to use a 8949 for my futures trades (I think). Had I known about all the changes in rules, I would have started...