Dun bii liek Larry Williams, ze lejundery traydor who wes errestid een Aushtrailya fer shcruing w ze IRS un addempping two evayde Enkle Sam w eh 3 millyon doller bayle.
Dude, I am a futures only guy. One of the major perk is that my Schedule D is only one line, no matter how much I trade. 60% of profit is LT, 40% ST. Easy as pie. And the broker reports it all in one line. No date of purchase, no date of sale, no basis, no Wash Sale. Aah! The bliss!