Trading our strategies in IRAs
cwelsh, in Read This First
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I'm not sure if i'm the only Canadian at SO but just in case there are others what broker are you using for your registered account?
I'm with Questrade right now and they are charging 6.95 ticket + 75c a contract on options (with the QT advantage package) , but they let you keep USD in your RRSP and TSFA accounts.
Have anyone tried negotiating with them on reducing the commission to match IB? I really hate to split up the accounts but seeing how IB is only 70c flat i seem to have no choice.
Hi, I hope everyone's doing good.
I was hoping to trade options in my TFSA and/or my RRSP account for obvious tax advantages, but some of the Steady Options trades are not allowed because we can't write naked contracts in registered accounts. Is this right or am I missing something? Is there a brokerage that allows selling naked contracts? Is it a good idea to only trade in the registered accounts the trades that are allowed and the other ones in the margin account, or is it a bad idea because the SO performance is based on compound interest?
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