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Thanks for all the great suggestions. I was looking for something similar to SWVXX and didn't realize IB was currently paying 1.9% on cash balances, so it makes sense to just keep my cash balance there as-is. SHY, DHS, and GSY all look in the ballpark of what I'm looking for for my Ameritrade...

Hi, Does anyone have recommendations on where I could park excess cash in my brokerage account, specifically at Ameritrade and Interactive Brokers, for short time frames that are minimal-risk, low-expense? I occasionally take 2-3 week breaks from the market and have been leaving it up to the...

Thanks, I purchased the Green Trader Tax guide for this purpose. However, it really comes up short on details. In general, all it says is: "In some cases, a good strategy for sole proprietorship business traders is to transfer some business trading gains to Schedule C to zero the income out, but...

I figured I could do something like this, but ideally I'd like to move my Schedule D capital gains into Schedule C business profit so that I can actually deduct business expenses against my trading gains. I'm not sure whether this is possible and if so, how to go about it.

Hi, I'm an active trader who fits all the requirements for filing with trading status, but have elected not to use the MTM election. Does this mean I won't be able to take Schedule C deductions? I've read many conflicting opinions about this and the IRS tax topic is confusing...

Still waiting for the punishment to fit the crime in these cases.

As I recall, the enforced limits are quite a bit more lenient than the published limits. You can grab more than 1 day of minute bars in a single request. I forget the exact amount as I haven't done this in a couple of years, but I believe it was better by a multiple.

Thanks for the offer. I'm not looking for help nor looking to share anything. I also don't use technical setups and not particularly interested in it. Just personal biases.

Thanks for asking.. I hardly remember my old posts, so had to go back and take a look. I don't think I was ever trying to "get somewhere" in a general sense. Obviously would like to continuously get better regardless of what I'm doing. My returns this year have not been as good as the last 3...

It was just personal preference. I have more of a Java dev background. I think the api should be similar regardless of language.

Here are some relevant links: http://interactivebrokers.github.io/ https://www.interactivebrokers.com/en/software/api/api.htm https://www.interactivebrokers.com/en/software/api/apiguide/java/reqhistoricaldata.htm...

Also keep in mind IB historical data does not correct for splits/dividends/etc so you'll have to deal with that stuff yourself. Some people might prefer that anyway. You also can't get historical data for any delisted stock.

I think their published limit says 1 year, but in practice I'm able to get much more than that. For example, I can pull 1 minute data for AAPL from 2007. Not sure what the exact limit is, but it's certainly much more than a year. The main problem with IB data is the rate limits for requests...

For the sake of arguing the advantage that a brokerage employee might have, I purposely focused on cases like Icahn, Ackman, P&D, illegal inside trading.. E.g. - Icahn buys a position in AAPL and publicly starts pushing for dividends, etc. - Ackman buys Allergan while working with Valeant on an...

My impression of Sykes is that he may have done some P&D during the internet heydays (I wasn't trading back then), but pretty much got lucky with internet stocks. I think it was more like 2006-2007ish? that I remember seeing his site, timalerts, chatroom, etc. and became a marketing machine. I...

You have a very purist viewpoint. I think you're saying that trading is fundamentally difficult, which I'd agree with. It's a little off-topic though since the thread was about whether it's theoretically possible for a brokerage employee to mirror customer trades. Theoretically, would you agree...

The problem with P&D is that it doesn't scale well. It's also highly lucrative to the point where you wouldn't necessarily want to share that edge with managed funds. Mainly, it doesn't scale and generally pumper has enough $$ to take full advantage of pump. I don't know details of Tim Sykes'...

Notice I said personal portfolio, not necessarily the fund they manage. And I'd certainly lean towards activist investors. At a retail brokerage I'd probably focus on successful penny pumpers, insiders.. well basically I'd look at the trading pattern in the top .01% percentage return accounts...

These guys have beat the market for years using controversial methods. I can't imagine that having access to their personal portfolio moves won't give me an edge. If I were an employee at Ameritrade, I'd probably be looking for penny pumpers and insiders. If I've identified an account as...

Just for argument's sake, do you think you'd have an edge if you had access to Carl Icahn's or Bill Ackman's personal portfolio? I don't think you'd have to be that smart to take advantage of that info. It should be a pretty hefty edge. I don't think I'd mirror every trade, but I'd certainly try...