hey was watching cramer yesturday and he was saying how hedge funds close the year at the end of october so they dont incur anymore capital gains taxes? like they just stop trading? i dont understand this. this will be my first time paying taxes and i started in april...should i stop trading before the eoy ? i dont understand what he was saying. not sure if that applies to me.
for taxes i will jsut be taxed from april 09 to december 31st?
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