Record keeping on a large volume of options trades is cumbersome. One IC per day creates close to 1000 entries on the tax form at the end of the year. Using the fun money corner of my retirement account for that activity simplifies tax returns and doesn’t trigger STCG.

Trading futures and options on futures provides 1099 simplicity and 1256 tax efficiency in non retirement accounts. If a bad trade wipes it out the money can be replaced.

Making investments above the retirement account limits in long term holdings like BRK and VOO creates minimal annual tax liability.

Not to be confused with retirement accounts, my retirement funds are invested in real estate. This allows for riskier short term trades using retirement account fun money. It’s a nice mix of assets and strategies that fit into different accounts and entities. One size does not fit all, YMMV, DYODD, objects in rear view mirror..., etc.