Nine Things I've Learned About Tax From My Mom
By the time that you read this, I will be at home in NC with my family as my mom gears up for some major surgery. It's a big deal. I know surgery is always a big deal but this is serious and it's my mom. If you follow the blog, you know that I talk a lot about my mom.


chance to make some good money here by taking an appropriate position.

4.Tax Advantages
For all forex traders it does not matter whether you made your profit on a trade in 2 minutes or one month since you entered the trade. The tax consequences will be the same. So 40% of your profit will be taxed as short term capital gains and the balance 60% as long term capital gains attracting a tax rate of 15%.

5.Trading Hours
As this is a global market which is open 24 hours you can choose the time you want to trade in the market according to your convenience. So whether you work at day or go to school at night, the market is open when ever you are ready for it.

6.No Commissions
In this market the broker does not charge commissions as do stock brokers. Instead there is a pip spread which is the difference between the buy and sell price of the currency.

7.Leverage
This is one of the most attractive advantage for investors. It is normal to get a 1:100 leverage account. Therefore if you invest $1,000 you can then buy currencies up to the value of $100,000/- So even a 1% profit means $1000 which is 100% on your investment. While in normal circumstances it would mean just $10 on your $1000 as profit.

8.Guaranteed Stops
You can always predetermine the amount of maximum loss that you are ready to sustain and the system will automatically close the position accordingly. So unlike other circumstances, you don’t stand the chance to lose your shirt!

Happy Forex trading!

Adam Heist is an accomplished writer who specializes in loans related topics. For more information regarding loan review alliance and lecister finance please drop by out site today.

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