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Search: Posts Made By: MWinfrey

Forum: Traders Hideout

March 10th, 2012, 11:40 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

so how will you do that? are you going to trade...

so how will you do that? are you going to trade out of a roth account?

Forum: Traders Hideout

March 25th, 2011, 11:16 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

good for you...you are way ahead of the game. i...

good for you...you are way ahead of the game. i turn 59 on March 31. I've always been a bit slow off the blocks. I mentioned this in an early post of this conversation but because I don't have...

Forum: Traders Hideout

March 25th, 2011, 11:05 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

Excellent...thank you for walking me through that.

Excellent...thank you for walking me through that.

Forum: Traders Hideout

March 25th, 2011, 10:14 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

I absolutely hate the way I express myself...

I absolutely hate the way I express myself sometimes. I think we are still talking about 2 different things. Let me be a bit more specific in an effort to reduce the confusion I've caused and let...

Forum: Traders Hideout

March 25th, 2011, 08:25 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

I know a guy who did just what you warn against. ...

I know a guy who did just what you warn against. He already had a track record of losing on every method he tried. Ran out of money and started trading in his IRA. Guess what? He was losing money...

Forum: Traders Hideout

March 25th, 2011, 07:05 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

Not sure I understand what you mean about funding...

Not sure I understand what you mean about funding your Roth. That isn't what I'm referring to. Trading from a Roth isn't funding it. The Roth is already funded and I'm just using the money already...

Forum: Traders Hideout

March 24th, 2011, 11:49 AM

Replies: 276

Sticky: The Tax Thread

Views: 198,681

Posted By MWinfrey

I do not have a separate business set up to trade...

I do not have a separate business set up to trade in. I trade in a joint account and only trade futures. I get a single 1099 at the end of the year from my broker. This 1099 simplifies things...

Showing results 1 to 7 of 7

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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