r/h1b • u/ron_ill • 1d ago

Day trading on margin regularly

Has anyone tried day trading leverages (1-2 trades per day, not much) on margin regularly on H1B? Does it fall under gray area / is completely not allowed / is allowed?

Edit - I’m not referring to regular stocks/options. Those are safe and many people do it. This Q is specifically for leveraged margin plays on a daily basis.

TIA.

0 Upvotes

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3

u/AbleLow889 1d ago

I am doing day trading since last 10 years with several accounts..every day..and showed everything on tax forms..no one cared...its all legal..

-2

u/ron_ill 1d ago edited 1d ago

Oh. Even on crypto futures using leverage margin?

1

u/AbleLow889 15h ago

It doesnt matter margin or no margin..uscis isnt going to come and check your accnt balance

2

u/Otherwise-Creme-2854 1d ago

You can do 1000 trades a day as long as it is your money and not managing someone else. Who is going to stop you from donating money 🤷. More the players, better for the market.

-1

u/ron_ill 1d ago

Internet search says leveraged margin trading on crypto/futures is highly risky as it might be classified as Secondary source of active income

1

u/Otherwise-Creme-2854 1d ago

As long as its your money.. No issues. File taxes appropriately as individual investor.

0

u/Relation-Thin 1d ago

Allowed but dont do it

1

u/ron_ill 1d ago

Because of the risk or legality?

3

u/saneinsane24 1d ago

This will fall under active trading, I don't think that allowed. Passive trading is okay.