North West Oil Group, Inc. (NWOL)

[MasterBlastr]

Yes, though I have been able to keep from daytrader status. Just the same, my gains are netted against my losses and I pay the marginal tax rate according to my bracket (the short term capital gains) after deductions, etc. If you are a good enough trader you can beat the difference between the short and long term capital gain tax rates EASILY. I don't think I have ever held a stock long enough to qualify for long term capital rate gains (or losses).