RE:Itrade TFSA?So that's what 'shorting' a stock is eh? lol....
But in all seriousness, I trade in excess of 150 transactions per quarter, have done so for the last 2 years + out of a TFSA. You have very little worry about IMO.
Staylong1 wrote: I would think, as long as you do not go over the amount that you are aloud to contribute to a itrade TFSA that you would be aloud to buy and sell stocks has often as want. But from what I have been reading, you may owe the CRA money if you frequently sell a stock when it is high and buy back when it is low {shorting a stock}. We all no how risky that can be as you can definitetly lose alot of money to. I think a person should be able to buy and sell at their own risk within a TFSA and not have to worry about paying taxes. They won't bother you if you lose money ..... but look out if you are making it. How fair is that? That is my opinion. I would love to hear others.