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January 29, 2010

Comments

Mr J

True, but it should be a given, and not everyone needs to trade before they learn it. It was also a personal question, so there may be no one right answer.

THT

If so why do people trade mini-micro accounts hoping to make it then? The equation required for success,

Income from Sales > Cost of expenses.

Is massively against them, in fact completely reversed. Do they know that?

Paul

Not to mention taxes! That can take a big chunk out of your profit. Here in Canada, we get taxed fully on profit but our capital loss credit is only a portion. So a profitable month may not be profitable at all if you forget to consider that.

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