Recent content by whiskers

  1. W

    Circuit breaker limit down question

    hi guys, I'm trying to understand the opening mechanism for the equity market in regards to the "new" market wide circuit breaker rules that went through in october 2020 after the march covid bear (nyse rule 7.12). When U.S. cash equity markets are closed, equity index futures now have 7%...
  2. W

    International tax accounting

    Hi I am a day trader, trading through a corporation in my own country exclusively (Canada), and profits are considered as business income. I take no overnights, have no capital gains or dividends. How does a day trader report their trades if they were made on foreign markets? For example, lets...
  3. W

    Over-contribution to RRSP

    1. Pretty sure you cannot day trade inside a RRSP or TFSA. Look it up, some people have been penalized heavily for doing so by the CRA. Your investments become business income at some point. 2. You cannot have a margin account inside a RRSP, which means even if you could do it your capital...
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