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Non-Tech : MB TRADING -- Ignore unavailable to you. Want to Upgrade?

To: Dave Bissett who wrote (1051)9/6/1998 10:16:00 PM
From: William W. Dwyer, Jr.  Read Replies (2) | Respond to of 7382
 
Dave,

Agreed. But, for me, the deductions were very significant. Several computers (expenses as Section 179 or whatever), software depreciated, books, many subscriptions to chatrooms, exchange fees, data fees, travel and seminars, phone lines and ISDN charges, etc. Be creative, but don't cheat. My expenses for last year probably exceeded $20,000 or so.

Check around here, read what you can, or, better yet, get with your CPA or other tax advisor. You should have one anyway if you're trading a lot, and there is potentially a lot at stake.

Good luck,

Bill




To: Dave Bissett who wrote (1051)9/6/1998 10:18:00 PM
From: Jay Lyons  Read Replies (1) | Respond to of 7382
 
I've got to say that it is really refreshing to see an exchange of ideas on this thread focused on trading rather than personalities.

I almost unbookmarked this thread yesterday, and when I saw 43 new today I thought that's it, I can't take it anymore...but low and behold, people are talking about things that I can use.

Thanks guys, please keep it up.

Jay


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