Amarin Corp Plc (AMRN)

[ferretmoney]

Trading short term also works if you keep your short term trades in a specified account; for example, what I call my trading account. Core holdings can be maintained in a separate taxable account or even better a retirement account. I rarely hold for more than a few days/weeks/months in my trading account.

Registered professional traders have to update their portfolios every day, using “mark to market” accounting. The change in market value is ordinary income for them.

Of course if I believed, like a certain former elf, that life is a Newtonian equation then I wouldn’t bother trading at all since whatever I did would be offset by an equal but opposing force.