[quote=stockstradr] Do you have a Roth account, and if so, can you short sell from it?
I have a ROTH IRA. I believe Fidelity told me it is NOT possible to directly short stocks from that account because ROTH cannot be a margin account at the same time.
I do have options trading approval on that account. I’m looking at buying calls now on the S&P500 and NASDAQ.
NOTE: on instinct only, I do NOT like gold this morning. Not with markets poised for a Oct stock rally, and gold over $900.
I’m selling gold.[/quote]
So stockstrader, I have a dumb question. How are you and your wife getting around the AGI limit for on how much you can contribute to a Roth? Is there some loophole I’m not aware of? Just curious…
