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Mark,
Is your priority tax reduction/avoidance or making money? I cannot see
where tax consideration should affect my trade. Also, i would not reduce my
work week to save taxes WHEN my prime consideration is to acquire wealth.
Al Taglavore
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> From: markjala <markjala@xxxxxxxxxxxxx>
> To: metastock-list <metastock-list@xxxxxxxxxxxxx>
> Subject: Trading and taxes
> Date: Wednesday, February 11, 1998 8:17 AM
>
> Hello all,
> I've been using Metastock for a little while now developing a trend
> following system. The system is geared toward longer term positions
> primarily because of the tax hit on short-term trades. I see a lot of
> messages about day-trading and the like and am wondering what I'm
missing?
> Is there a way around the short-term tax problem, or are you guys trading
> and making enough to overcome the tax penalty?
> Mark D. Jala
>
>
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