Daytrading as a teen

[vampzy]

Ive been daytrading for about 5-6 months with paper money. My tp gets hit around 68% of the time. I feel confident in my strategy but I would not know what funded accounts to get and if I need to pay taxes.

 

[cc000]

Ive been daytrading for about 5-6 months with paper money. My tp gets hit around 68% of the time. I feel confident in my strategy but I would not know what funded accounts to get and if I need to pay taxes.

yea im profitable under 18 your gonna have to do taxes through your parents just let them get 30% of payout after u get it so they can pay it and for beginners Lucid prob firm is the best option I get multiple payouts from them all the time i got paid by them on friday

 

[Peez]

I only Swingtrade for longterm portfolio building (mostly options with Gamma Data) but in your situation just buy a funded account for 40$ a month. Its not expensive and a good envoirement to learn about fees, margins requierements, Spread and more. And calculate your expected Value. a strong positive EV is a real indicator that you are longterm profitable.

If you need kyc just take the id from your parents and use a propfirm in Dubai or Czechia. They dont report to the US.

 

[Orbital1]

Ive been daytrading for about 5-6 months with paper money. My tp gets hit around 68% of the time. I feel confident in my strategy but I would not know what funded accounts to get and if I need to pay taxes.

Hmmm

 

[rjx1]

Ive been daytrading for about 5-6 months with paper money. My tp gets hit around 68% of the time. I feel confident in my strategy but I would not know what funded accounts to get and if I need to pay taxes.

Just worry about being able to trade on a funded for now don’t worry abt taxes cus ur not gonna be insanely profitable at the start