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Day traders enjoy talking about lots of things: stocks that are ripping up to new levels, patterns they’re seeing, and the big “green days” or profitable trading sessions they’ve had. That’s cool, but the fact is, you can only be proud of what you get to keep after taxes. It’s important to learn how to make a profit by day trading, but a close second is learning how to keep that profit. Otherwise, you’re doing all this work for the IRS.
I’m not going to give you tax advice because that’s not my line of work, and I don’t know you.
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