Comment by
watch22 on Sep 12, 2012 10:20am
congrats? Nobody made money selling yesterday and buying today - the market has proven to be nicely efficient. Stock is right where it should be that anyone is INDIFFERENT between having bought yesterday or today... or frankly, having sold yesterday or today. b2b45 could have sold today and been in the same spot.
Comment by
b4545 on Sep 12, 2012 10:34am
not when you consider taxes. C gain is taxed less that divs, and gains can be offset by losses (and who doesn't have a few of those). MMT was in my margine acc't. glta
Comment by
AdamJT on Sep 12, 2012 11:40am
Actually given the fact that you continue to talk about doing short time frame trades you are wrong or have a bad accountant. If you buy and sell under 30 days your gain is considered income and taxed on the full amount. There's a precedent set on this. Considering how exceptional you tell us you are at trading I would expect you to understand the basic taxation.