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