RE:RE:RE:RE:Sell the RIPS, buy the dips. Watch out the taxman! TSFA is for investment purposes. It is not for trading. I know someone paid tax for his TSFA account. Anyway, congratulation on the trading success.
Buyreallow wrote: Originally bought in the spring for 80 cents. When it hit 2.40, I sold 1/3 of what I had to give me an adjusted cost base of 0. Have not sold any of these. since just before Christmas, I have made 13 round trip trades making money on every one of them, from as little as 8 cents to over 50 cents, never holding for more than 10 days, and many cases, traded more than once in one day. Latest, bought yesterday at 4.85, sold this morning at 5.16. Total gains from the 13 trades $3.15, and all in my TFSA so tax free.