1 I have the cash to trade retail. I don't need 50-1 leverage. Besides 4-1 leverage is a lot safer than 50-1 over the long run.
2 I like to do overnights - the big money and most favorable R/R ratios is in multi-day swings.
3 I'm mostly a futures player anyway.
4 I like earning interest on capital and I like SPIC insurance.
5 I don't want to pay all those extra data fees which can cost thousands per year if you have multiple broker accounts.
6 I don't want to send my prop firm all my statements from other brokers.
7 My PDT account cannot ever fall below 25k - so I can't ever blow the entire account.
I wonder if there are any tax benefits too. Is K-1 income treated more/less favorably than capital gains?
2 I like to do overnights - the big money and most favorable R/R ratios is in multi-day swings.
3 I'm mostly a futures player anyway.
4 I like earning interest on capital and I like SPIC insurance.
5 I don't want to pay all those extra data fees which can cost thousands per year if you have multiple broker accounts.
6 I don't want to send my prop firm all my statements from other brokers.
7 My PDT account cannot ever fall below 25k - so I can't ever blow the entire account.
I wonder if there are any tax benefits too. Is K-1 income treated more/less favorably than capital gains?