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re: Starting a Corp. Brokerage Acct Tips
Posted on 5/9/24 at 10:37 pm to Jag_Warrior
Posted on 5/9/24 at 10:37 pm to Jag_Warrior
The advise is much appreciated.
I'm definitely trying to do research, but there is so much info out there it gets overwhelming. Thats one of my issues, I tend to do so much research that I keep putting off actually doing what I'm wanting. Why I'm hoping to get into some conversations about it, on a forum like this, as part of my research.
Is there a good simulator to practice with? Fidelity doesn't have that option, so if there is a good one that has a good trading platform to use, once I go live then that would be a good way to practice too.
I don't know much about Options, but figured that once I get the basics down on a trading acct I could start learning more about Options.
I get the point of not worrying about creating a business trading acct, but my CPA said that it would be the best option for me since I have the LLC as the pass thru. I don't totally get it, but figured I would do some small trades this year to get my bearings and then I'll learn about the taxes come next year when I work with him on it.
I'm definitely not looking to do big trades, so hoping I could get more advise on a specific Trading Platforms to work with and difference between doing it thru a personal and business acct.
Thanks again for your tips.
I'm definitely trying to do research, but there is so much info out there it gets overwhelming. Thats one of my issues, I tend to do so much research that I keep putting off actually doing what I'm wanting. Why I'm hoping to get into some conversations about it, on a forum like this, as part of my research.
Is there a good simulator to practice with? Fidelity doesn't have that option, so if there is a good one that has a good trading platform to use, once I go live then that would be a good way to practice too.
I don't know much about Options, but figured that once I get the basics down on a trading acct I could start learning more about Options.
I get the point of not worrying about creating a business trading acct, but my CPA said that it would be the best option for me since I have the LLC as the pass thru. I don't totally get it, but figured I would do some small trades this year to get my bearings and then I'll learn about the taxes come next year when I work with him on it.
I'm definitely not looking to do big trades, so hoping I could get more advise on a specific Trading Platforms to work with and difference between doing it thru a personal and business acct.
Thanks again for your tips.
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