Trading IRA vs. Regular Account

S

stocktrader3429

I'm a short-term swing trader. Would it be better for me to setup an IRA account and trade from there, or setup a regular account and trade from there?

What are advantages/disadvantages of using both?

Thanks.
 
Also, a lot of brokerages severely limit the types of options trading you can do in an IRA, even if it is a "safe" strategy that wouldn't involve loss of additional capital (cash-covered puts for instance are not allowed at a lot of brokerages). Think or Swim is the one I've found with the least amount of limitations on that kind of thing.

Isn't there also a restriction against daytrading in an IRA? I can't recall for sure.
 
Quote from KrispyKreme50:

Margin trading isn't allowed for IRA accounts.
More...

Wrong. Borrowing money is not allowed for IRA accounts. Thus buying stock on margin is not allowed, but trading futures on margin is allowed.
 
I'm not going to be trading every day. I'll be trading once maybe month or once three months, but I want to know what the difference would be in trading from IRA vs. a regular account? Why should I open an IRA account vs. a regular account to trade?

Thanks.
 
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