Isn't it possible to just submit any accounts you want to the auditors? You can really create a "collage" of sorts of performance to show you made money and just omit losing accounts, especially with a noncontinous time periods
My job is holding me back
- Thread starter Jdesey
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Isn't it possible to just submit any accounts you want to the auditors? You can really create a "collage" of sorts of performance to show you made money and just omit losing accounts, especially with a noncontinous time periods
Wow, amazing the "trigger fingers" of so many people here.
He only takes Long Term Gains.,
and has his office staff tell about their personal tax rates, as a comparison.
Robin Hood in reverse.
Perfect narrative for people who don't think it through.
You people here:
Sounds like huge frustration, people hitting their limits.
Any kind of trading is hugely psychological.
Discount this at your peril.
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I think you underestimate how difficult it is to “get context.”
market is down 2percent at 9:35. What does it do next? Remember you are talking about being right 100percent of the time.
What timeframe charts do you like to trade, by the way?
Swing Traders hold for a few Days to a few Weeks. Warren Buffett holds for the long term - years.
No you don't have to be right 100 percent of the time, where did this come from? The market being down 2% doesn't necessarily have anything to do with context. If this is you're question, I am going to guess you're a longer term trade, swing trader or trading on larger time frames.
I did and it isn't
Short Term trades are less than one year.
Long Term trades are one year + 1 day.
Can't be more simple than that.
Year after year, this is a huge difference.
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For maybe many posters here, this is a revelation.
They are just trying t have a winning trade at any timeframe.
Thus all the hostile posts.
Tons of rage here, frustration.
Especially posters saying TA is all Bullshit.
And these derogatory posts are actually in the TA section of this very forum.
Go Figure.
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I'm in the middle of making my 2022 EST payments due Jan 18, 2023.
That means estimated payments to the IRS and State on cap gain profits.
I was told by my CPA tax preparer many years ago that I had to always do this,
because of my history of capturing Cap gains.
OK, fine.
This year is very easy.
I have to send in $17K (Fed + State) in a few weeks.
An easy lift, but I sold very little of my positions.
For all the folks giving advice of trading the markets,
how is your 1040 EST for 2022 coming ??
Please answer that before you give any trading advice.
Although no doubt, there are trade3rs here who could blow me away,
profits, etc.
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He feeds insurance company premiums into his stock investing selections. No trading whatsoever.
Wish I had that advantage.
I generally execute on a 5 point range bar. But I use multiple different time frames. Some tick, some time and obviously range.