If you're trading stocks, taxes can seem like a nightmare. There is one really exceptional option for anyone who is actively trading or investing and making a good bit of money doing it: The Roth IRA. If you don't have a Roth IRA, you should probably be looking into opening one. The tax benefits are… Continue reading Trading or Investing in a Roth IRA to Minimize Taxes
Tag: day trading
How to Disable Share Lending on Webull
If you’re holding shares of a stock in your Webull account and do not want them lent out to short sellers, you need to disable share lending. If shares that you own are lent out, you do receive some payment on Webull. Luckily, you don't have to change anything about your account to disable share lending… Continue reading How to Disable Share Lending on Webull
The Different Simple Buy Order Types on WeBull Explained
Before you start placing trades on any platform, it's important to know there are several different types of orders that can be placed. Each has its own purpose, and depending on what type of trader you are, you'll find that some work much better than others. If you're trading on the WeBull mobile app, you… Continue reading The Different Simple Buy Order Types on WeBull Explained
How to Change Your Robinhood Margin Account to a Cash Account
If you are using Robinhood as your trading platform, you have a margin account by default. Robinhood refers to this as an "instant settlement" account. For a little more in-depth information about the differences between margin and cash accounts, check out this post that explains the difference. Open up your Robinhood app and tap the… Continue reading How to Change Your Robinhood Margin Account to a Cash Account
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