Webinar originally presented on 12/15/11 (Trace Buhler filled in for Jim Crimmins, who was not able to attend)
Part of the survival for any successful trader is cash flow management. The largest expense a trader has, whether the trader makes or loses money, is taxes. Every dollar spent on taxes means one less dollar to trade with. With this in mind, it is obvious as traders we have an obligation to do everything possible to keep as much money in our brokerage accounts as possible.
•Trading as a sole proprietor: The IRS "special rules" surrounding "Traders Status"
•The advantages and disadvantages of trading as a formalized business: What type of trader would use a formal business
•Mark to Market: A panacea or an empty promise for a trader
•Trading in a retirement account: What is the best way to approach this
This is excellent info! Thanks!
smarkley42 1 month ago