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Day trading is the act of buying and selling a financial instrument within a single trading day.. Whenever you open a trade with the intention to take advantage of small intraday price fluctuations, and close that trade within the same trading day, you’re engaged in day trading.
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If you elect to report FOREX income under IRC S.1256, 60 percent of the income is treated as a long-term capital gain and taxed at a lower rate than ordinary income. The remaining 40 percent is considered ordinary income. If you make a profit trading FOREX in the coming year, IRC S.1256 tax reporting will result in a lower tax rate.
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Before you can realistically expect to make money with binary options, you have to have an understanding of exactly what the instrument is and how the payoff structure works. We have explained binary options in a separate post. When trading binary options, you are in essence trading an asset that has a value that is derived from another asset ...
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Make Money with Binary Options Trading. To start, let’s be clear: you can make money binary options trading.It’s definitely possible to generate a consistent profit. Smart traders do it every day, executing binaries in everything from oil and gold to stocks and currency pairs.. The question is, is it as easy to make money as a lot of websites claim?
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