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boca_bobby

03/02/14 2:18 PM

#128560 RE: Joe1984 #128559

I just tell them how much I started with and ended with. No way am I going to tell them exactly what happened in each trade. I probably made over 1000 trades.... lol

Edit:

I call the name of the "stock" Oanda.....

sdcaalan

03/02/14 7:20 PM

#128574 RE: Joe1984 #128559

Joe just saw your question on taxes. I have this link, answers a lot of questions. If your making serious money want to try to do the 1256 60/40 split, however it does require specific record keeping they say, this article explains it, ton of FX tax info on this site, In my reading online it seems FX is still a grey area for the IRS, since spot trading of FX has become popular they have not laid down specific rulings.

https://www.greencompany.com/EducationCenter/GTTRecCurrency.shtml