Blog
Taxation of Options Trading
When you’re in the business of buying and selling ordinary stock investments for a living, one would think that doing your taxes at the end of the year is a pretty straightforward process, right? Wrong! You should absolutely consider seeking the help of a professional tax service that specializes in working with stock traders to […]
What is Proprietary Trading? The Complete Primer on Prop Firms
If you’re reading this, you’ve probably just done a search for “proprietary trading,” “prop trading,” “proprietary trading firms,” or some variation thereof, most likely trying to find out exactly what a proprietary trading firm does. It’s a reasonable question. You’re probably already trading and are looking to take your skill set and performance to the […]
What Your Day Looks Like When You’re a Day Trader
If you’re thinking about becoming a day trader sometime soon, you should begin by learning about what your days will be like once you start trading day in and day out. There are a lot of people who are under the impression that day trading is one big adrenaline rush filled with exciting moments throughout […]
Four Common Steps for Dissolving Your Business
Every year, about 9 percent of the businesses in America shut down for one reason or another. Some do it because they’re not bringing in enough profits, while others do it because of retirement.
So You Want to Become a Day Trader? Here’s How
Does the idea of spending your days buying and selling stocks in an effort to turn a profit excite you? If so, you might be thinking about trying to become a day trader. Thanks to the rise of the internet, more and more day traders have been popping up over the last 20 years or […]
Mark-to-Market Election Explained
If you’re an active trader, you could benefit from what’s called mark-to-market election in a big way. It can be especially useful for those who are just starting to make their mark in the world of trading. There are some very strict IRS guidelines surrounding mark-to-market election, which means that not everyone will be able […]
Four Tips for Succeeding as a New Trader
There are thousands of Americans earning a living every day by day trading. That might lead you to believe that you, too, can turn yourself into a day trader. You can, but before you get started, it’s important for you to make the proper preparations. You should take the time to learn some tips that […]
Benefits of Outsourced Bookkeeping Services for Your Trader Business
As an active trader, you have a lot of different things on your plate on any given day. You need to stay up on what’s happening with the stock market so that you can make transactions that make sense for you. You also need to put in work to complete transactions in a timely fashion […]