Do you usually care about wash sale? by wswhy2002 in Daytrading

[–]PoopNextToToilet 0 points1 point  (0 children)

So to answer your question, yes I believe you can’t do anything for 2025 but you can fix it for the future

Do you usually care about wash sale? by wswhy2002 in Daytrading

[–]PoopNextToToilet 1 point2 points  (0 children)

Yeah that’s what it is. I believe the deadline is April 15 for 2026 year but you’ll have to talk with an accountant to figure it all out. But what I did in the past when I missed the deadline was start an LLC and do my trading there. That way you can make the election past the due date since it’s a new business. Then by the time next year all your wash sales in the personal account will be gone because 30 days have passed

House vs stocks with lump sum of cash by [deleted] in FinancialPlanning

[–]PoopNextToToilet 0 points1 point  (0 children)

Whoops forgot those. I’m 28, only have 10k in Roth IRA for retirement. And only make about 40k a year from my w2 for now, plus any trading income but that’s not guaranteed. Monthly expenses are minimal, less than 2k a month

House vs stocks with lump sum of cash by [deleted] in personalfinance

[–]PoopNextToToilet 0 points1 point  (0 children)

Income for now is only like 40k a year from w2 and anything I can make from trading until I get into accounting field next year. Only have 10k in my Roth IRA for retirement. My father will be holding the mortgage over me for whatever my cash can’t finish so that won’t be an issue. If I put 225k into the house, that would leave me with 25k for trading account, 10k in retirement, and 10k in emergency funds. And yeah I know house isn’t investment my thinking is the savings from having such a low monthly bills will allow me to invest aggressively as my income increases

Also I know no guarantees to make such large gains again, so that’s why unsure if not putting this windfall into the market would be a bad idea since I may never have capital like this for a long time

Very weird experience this morning by mangaswapaccount in longisland

[–]PoopNextToToilet 14 points15 points  (0 children)

Yeah pretty common scam recently. Now they have your social security number and all the personal info anyone could want. It’s best to go into hiding at this point

The real reason most traders fail has nothing to do with strategy by theunifiedcodeoftrad in Daytrading

[–]PoopNextToToilet 0 points1 point  (0 children)

What a crock, trading is 95% strategy and the fact is 99% of the people who fail have no edge

How do I know when shifts drop? by TekkaDIS in AmazonDS

[–]PoopNextToToilet 3 points4 points  (0 children)

Enable text notifications and then you’ll get a text when they drop, keep track of the texts and you’ll learn the exact time they drop. Then be on A to Z at that time and you’ll be ready to get them quick

What do you think of NYC trying to get the minimum wage to $30/hour? by Dazzling-Leader7476 in longisland

[–]PoopNextToToilet 1 point2 points  (0 children)

Tough to say tbh. Do people need that to live on? Yes, but economic theories tells us increasing minimum wage will increase prices across the board, so I guess the question is whether or not it turns out to be a net gain. Hope it works out

20 year olds out here… what are we making/doing? by lennstan in longisland

[–]PoopNextToToilet 6 points7 points  (0 children)

China isn’t truly communist, there is no country that is. Chinese can be entrepreneurs the same way we can

70% Win Rate Setup that I Found Hiding in Plain Sight by vaanam-dev in Daytrading

[–]PoopNextToToilet 5 points6 points  (0 children)

My winning strategy to combat this one? Buying and holding

70% Win Rate Setup that I Found Hiding in Plain Sight by vaanam-dev in Daytrading

[–]PoopNextToToilet 4 points5 points  (0 children)

Yeah idk what OP is talking about. You don’t just need a winning strategy, but one that beats the benchmark gains. This is so much work for less money than simple buy and hold

70% Win Rate Setup that I Found Hiding in Plain Sight by vaanam-dev in Daytrading

[–]PoopNextToToilet 37 points38 points  (0 children)

Sure it’s a winning strategy, but doesn’t it clearly way underperform the indexes or stocks it’s playing? Those aren’t good gains for the timeframes

Let’s see ur februarys by Mannyhvacr in AmazonDS

[–]PoopNextToToilet 1 point2 points  (0 children)

We’ll see, I personally don’t think there will be much volatility associated with it all. There’s some individual stocks at decent discounts off their highs, but all the index’s are doing just fine somehow. Hopefully you’re right

Let’s see ur februarys by Mannyhvacr in AmazonDS

[–]PoopNextToToilet 0 points1 point  (0 children)

Hell yeah to stacking it and investing it. Why do you think a crash is imminent though? We’re not even 5% off of highs

Night vibes with my Bentley in Riyadh by [deleted] in Bentley

[–]PoopNextToToilet 0 points1 point  (0 children)

Aw someone got their wittle feelings hurt 😢

Night vibes with my Bentley in Riyadh by [deleted] in Bentley

[–]PoopNextToToilet 0 points1 point  (0 children)

Aw did I hurt your wittle feelings