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Re: THE_YAK post# 138956

Friday, 04/17/2009 1:43:33 PM

Friday, April 17, 2009 1:43:33 PM

Post# of 704570
Sounds like a good way to trade. What kind of account balance do you have to have to pull little profits like that?

Dont commissions kill you? And what about taxes? Dont you have to report every single trade?

I just got a letter from the IRS saying i owe $16,000 in taxes from $55,000 in gains from 07'. I had to turn in every single trade and i didnt, ouch.

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