Serious day traders typically make the choice to form a business entity in order to separate their trading from their personal name, so that they may gain access to the tax benefits entities receive when it comes time to file. As a day trader, it’s important to put substantial thought and effort into the details… Read more »
If you’re thinking about becoming a day trader sometime soon, you should begin by learning about what your days will be like once you start trading day in and day out. There are a lot of people who are under the impression that day trading is one big adrenaline rush filled with exciting moments throughout… Read more »
There are thousands of Americans earning a living every day by day trading. That might lead you to believe that you, too, can turn yourself into a day trader. You can, but before you get started, it’s important for you to make the proper preparations. You should take the time to learn some tips that… Read more »
If you buy and sell stocks on a regular basis, you should take the time to educate yourself about the wash sale rule. The wash sale rule was instituted into the U.S. tax code as part of IRS Code 550, and it’s a very important rule for those who buy and sell stocks. It’s designed… Read more »