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Strategies & Market Trends : Trading For A Living

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To: Mad Bomber who wrote (969)7/19/1998 9:41:00 PM
From: Eric P  Read Replies (1) of 1729
 
You may need to be careful about daytrading from your IRA account. I have heard that such active trading in an IRA could invalidate the tax free status of your IRA account, possibly including penalties, etc. I am not certain, but you may want to consult a good trading accountant. I know that "Robert A. Green, CPA" is an SI member and seems to know a lot about how the law applies to traders. Let me know if you find out anything informative.

-Eric
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