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Rule Changes/Trades:

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ghmm Member Profile ghmm  
Wednesday, October 10, 2012 4:28:44 PM
Re: SSKILLZ1 post# 243 Post # of 481 
Rule Changes/Trades:

I doubt many (if any besides me) would like this rule but if you really want to try to be realistic each trade should cost 20% (the difference between the capital gains rate and the highest tax rate). While yes the contest isn't for a full year, for certain someone who trades out of a pick is paying short-term tax rate. Besides a buy and hold approach (original pick) should be rewarded IMO (along with those who post DD as to why they picked their picks).



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