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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (3574)9/6/1999 8:13:00 AM
From: Ken Adams  Read Replies (4) | Respond to of 18137
 
Calling all Full Time Traders:

Some curiosity questions. How do you go about paying yourself? I mean, do you set up with the brokerage to have them send you a check once a month (week)? The same amount each time? Maybe check writing capability against the account?

What about taxes? And accounting? Are all profits considered taxable as ordinary income?

If there is a URL someone knows about that would expand on these types of questions, I'd appreciate your posting it.

Thanks for any enlightenment!

Ken