Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

sanjthetrader

Members
  • Content Count

    3
  • Joined

  • Last visited

Everything posted by sanjthetrader

  1. First of all you are assuming as a beginner i am not profitable. I actually am. Making a net profit every month. Losing days yes..losing month yet? NO.
  2. Hi, I am a beginner futures trader and want to take advantage of the tax benefits. I reside in Ontartio Canada. I looked up on Canada Revenue Website and in form IT346R it indicates speculative trading in futures is taxed on 50% of income. My question is what deductions can I make?. Can I claim computer hardware...internet, ninjatrader license, books, education, travel and car? If there is anyone trading futures in Ontario and know how best to set this up as a business and has contacts for accounting if needed i would greatly appreciate.
  3. As a beginner I am finding it is harder than it looks, but I do know that sticking to my trade plan and being patient for the high percentages trades is what will make or break profitability. I think once I am making consistant income then I would love to take my laptop and travel and trade! that for me is the ultimate lifestyle..
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.