Waiting for the downfall to calm and I'll be entering a long myself.
1
What best indicator to entry signal and TREND? 156 replies
J1mm's Intraday Trend follow Strategy 86 replies
Accounts for trading Bitcoin 51 replies
Bitcoin and crypto trading (only BITMEX) 2 replies
I'm Abandoning Currency Trading To Trade Bitcoin Futures 4 replies
Disliked{quote} Good call Waiting for the downfall to calm and I'll be entering a long myself.Ignored
Disliked{quote} Good call Waiting for the downfall to calm and I'll be entering a long myself.Ignored
Disliked{quote} Some days, making money feels so easy, like a cakewalk and some days, its the toughest task on Earth.. This journey is very rough.. I'll call it a day, have a good one everyone!Ignored
Disliked{quote} Talk about Spidey-Senses! PHEW! {quote} BTC bottomed out at $8K... I'm going to watch how the range looks after a few hours... Good luck and be safe guys!Ignored
Disliked{quote} I still don't see any bottom-out.. selling at these levels requires a heart of steel.. and brain of an alien.. I'll stay out for a while.. waves too big for me to trade.. PS: IF I trade, most likely I'll fidget and flutterIgnored
Disliked{quote} I'm with ya We seem stable now, could easily drop more but the voice in my head is screaming we'll see 9K again very soon. Let's goooIgnored
DislikedDoes anyone here know anything about *CRA, like filing tax returns for day traders* Query: Does a person/company trading stocks/currencies has to fill a form for every trade/transaction? PS: Any forum for taxes in Canada?Ignored
Disliked{quote} I'm no expert, but in the US a licensed broker probably would need such reports but a prop trading company probably would not. Each scenario is different though and I am assuming Canada is similar for what it is worth. These might help you (sorry I don't have Canada handy): https://thismatter.com/money/tax/sec...s-taxation.htm https://www.irs.gov/taxtopics/tc429 If it is just your personal tax return a yearly estimate of the short-term gains/losses would suffice but make sure that estimate is relatively...Ignored
Disliked{quote} I'm with ya We seem stable now, could easily drop more but the voice in my head is screaming we'll see 9K again very soon. Let's goooIgnored
Disliked{quote} I'm no expert, but in the US a licensed broker probably would need such reports but a prop trading company probably would not. Each scenario is different though and I am assuming Canada is similar for what it is worth. These might help you (sorry I don't have Canada handy): https://thismatter.com/money/tax/sec...s-taxation.htm https://www.irs.gov/taxtopics/tc429 If it is just your personal tax return a yearly estimate of the short-term gains/losses would suffice but make sure that estimate is relatively...Ignored
Disliked{quote} An accountant in Canada advised a friend of mine (there in Canada) that a form has to be filled for every single transaction. IF an office (of traders) has a dozen accounts who do tens of trades everyday and thus thousands of transactions every week, how is it possible to fill a form for every transaction ? I consulted a friend in Australia who suggested (moment before) that they are concerned only about profit/loss and that is all that needs to be filled in the tax return. PS: that form is probably required for mutual funds and securities...Ignored
DislikedI'm sidelined until we see some direction. The market still seems shook from the breakout yesterday. We may be hugging that 8500 level for a while.Ignored
Disliked{quote} {quote} The $$ train left without me!! {image} {quote} Thank you for the nice resources! {quote} Which brokers are you using? They should have your transaction history, send you a report as well as report to Canada's CRA?Ignored
DislikedAs soon as I made that post, btc decided to bounce off of around 8630 and we're freefallin again! {image}Ignored
DislikedI am using RoboForex and yea, I can generate a report anytime in MT4. So, you are suggesting that we upload the detailed report (html format) to CRA's website, right?Ignored
DislikedIts never too late, there maybe minor corrections ahead.. trade light..Ignored
Disliked{quote} Ahh ok! I'm not exactly sure how the CRA works, but RoboForex should send you tax transactions/statements that you can use to calculate your taxes. I would just give CRA a call, they'll explain it to you firsthand {quote} Indeed! BTC is still losing steam at the moment. Let's see where she settlesIgnored