As a day trader, you’re always navigating a sea of numbers, looking for the best path to profitability and efficiency. One critical concept that can significantly impact our work is “Mark to Market”. It’s a method that can reshape how you view your trades and assets at the end of the day. Let’s dive into… Read more »
One of the most important considerations when you begin to trade is taxes. There are special rules that apply specifically to traders and not investors. Essentially, United States law considers your trading activity as a business, even if you don’t have any employees. This comes with the tax advantages that are part of owning a… Read more »
If you just started day trading, you might be wondering whether or not it would be a good idea to set up a Limited Liability Company, better known as an LLC, for your trading venture. There are a lot of established day traders who have created LLCs for day trading purposes. It doesn’t make sense… Read more »