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Post# of 140146
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Phrozt

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Phrozt

Re: strongtower post# 22740

Wednesday, 04/22/2009 1:38:44 PM

Wednesday, April 22, 2009 1:38:44 PM

Post# of 140146
Right, but how do taxes figure in? Is it capital gains on every trade? So.. say I'm trading w/$500, and I make 12 pips on the python which should be $12. at 25% capital gains, I would have only made $8, right?

If this is correct, what happens when I only make 1 pip for $1. I only get $0.75? Are there added expenses for committing such small transactions?

In other news, up 21 pips for the day. 5 complete trades, 100% :D

Clavis vitae est scientia temperata sapientia.

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