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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 49.44+5.3%4:00 PM EDT

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To: robert b furman who wrote (206599)10/25/2025 6:54:53 PM
From: nicewatch  Read Replies (2) of 206661
 
Bob,

First and foremost my best advice is to never trade futures!!! :-) There used to be ways to structure things such that daytrading index futures could qualify under this rule but the IRS has since frowned upon such practices. Maybe there still are ways and I don't have he sharpest accountants for that. haha.

So as to not be accused of spreading misinformation, will post this link as simplest explanation, and please consult your accountant(s) and tax advisor(s) if you engage this strategy. I am not a licensed financial or investment advisor.

investopedia.com

Respectfully yours,
Mr. nicewatch
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