Traders Tax – Wash Sale Rules for Traders

Generally, the wash sale rule applies to traders the same way it applies to investors. The difference is that traders have a much harder time keeping records relating to wash sales because they engage in so many transactions. The wash sale rule basically says that if you sell a stock or securities at a loss…

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Zen Stories III

We’ll See… There is a Taoist story of an old farmer who had worked his crops for many years. One day his horse ran away. Upon hearing the news, his neighbors came to visit. “Such bad luck,” they said sympathetically. “We’ll see,” the farmer replied. The next morning the horse returned, bringing with it three…

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