SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Day trading in Canada

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kingfisher who wrote (4062)4/9/2000 9:42:00 PM
From: Buckey  Read Replies (1) of 4467
 
I track every trade - My spreasheet is at least 25 column think so I can use MS access if I so choose to roll items up. I then take each and every trade slip I get and check it against my records to ensure the fills are correct and any derivation in the commish - Scotia often gives me a break on commish when its getting up over $100 on an individual trade. I think the comments in that article that the GOV has been liberal may change and I suggest all to keep good records and assume that you may at some point be forced to declare trading gains as income rather than capital gains.

I have discussed this at length in each of teh last 3 years and I have been claiming all trdaes as income for the 3rd year now. Also claiming all expenses such as trips to see companies <vbg> Like the one with the head office in Verra dero.

always a good reference in case you are wondering if daytrading is income - interpret for yourself - I already have
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext