Josh Patterson

This is awesome. Makes me have multiple ideas for future meet ups.

Atlanta area meet up: Location: Grub Burger Bar - Akers Mill Date: Saturday, August 18, 2018 Time: 12:00pm EST

Hey everyone. The ATL group is meeting again for lunch Saturday, August 18th near the Vinings/Smyrna area. The actual location is TBD. Looking forward to seeing you all again and maybe some new faces. If you are in the ATL area or even the Southeast region--we have a few from Alabama and South Carolina coming--consider getting in our GroupMe group. You can ask myself or other Atlanta area people to add you. Best regards and profitable trading, Josh.

Lee, I started trading late in '17 and like you say I couldn't claim MTM for that because it wasn't filed in the appropriate time frame. I am under the impression that my 2018 trading will fall under MTM since I signed the MTM Election under code sec. 475(f). For others, if you didn't claim that status in time, it won't be valid for 2018. I'm not sure what the actual cut-off date was. I wish I could speak to the exact reason I decided to go with MTM but I only remember that my CPA laid out the different scenarios and I chose the one that fit my needs based on how I (and I would think we all) trade. It had to do with wash rules and not being able to claim a wash if you trade the same ticker in a 30 day period (I think). Since a stock could be in play more than once a month it seemed MTM was a better route. If that doesn't sound right to anyone please let me know ASAP so I can make double sure.

I have a CPA handle my taxes. After speaking with him about MTM that is the route I went with. With IB all I had to do was download the tax info they provide onto a thumb drive and hand it to him. Since I am 0% fluent in tax preparation, or should I say, I am 0% interested in doing tax prep, paying a knowledgeable CPA a few hundred bucks to handle it is worth the cost. At first I was nervous that he wouldn't know the difference between "normal" taxes and those of a day trader, but that was short-lived after a simple conversation. For reference's sake I pay between $325-375 USD to my CPA for both my wife and me filing jointly. Seems like a fair value to me; not to mention tax preparation expenses are a write-off. Clearly my two cents worth is hire a professional to handle it. Good luck everyone. Best, Josh P.

Hi all, I'm Josh. 36, married, two kids, live in metro-Atl, GA.... I've been with BBT since Oct of last year (2017) when I started with the simulator. Like many of you I found BBT through Andrew's book. I've always been interested in the markets and one day my wife asked, "Why don't you look into trading?". I immediately went to trusty Amazon to find resources and there was 'How to Day Trade for a Living' with an average rating around 5-stars (and then approximately 400 or so reviews). I blazed through the book, watched every YT video Andrew had posted, did some additional research, then signed up for BBT Platinum package. I traded in the sim all of Oct, Nov and halfway through Dec before going live. I didn't plan to go live until January of this year; however, once I had my IB account setup it was too tempting not to live trade. Let me tell you, in my experience, the simulator is NOTHING like the real deal--even if you tell yourself you will only trade like it's a real account. I made some bonehead mistakes and lost a good amount of money; however, I did learn from it. I've recouped almost all my losses and on-track to be at breakeven in a week or so, Lord willing. Good luck to everyone and I'll see you in the chat, or if you are in the Atlanta-area I hope to meet you in person someday soon. All the best, Josh P.

Hey everyone. I'm down to meet up. Like most I have a family and all that, but for the most part I'm flexible. I just downloaded the GroupMe app. Not sure how to find the chat but I'm registered under my gmail email account [email protected] if someone can add me. Thank you to the organizers and I look forward to meeting you all. Best, Josh.