Investors & landlords

@jgr21 

 

 

MuMiX said:

"The sum of the winning trades that I would be taxed on is 3.3 million,"

 

Your winning trades have a cost basis ; the profit is 3.3 million minus whatever you paid for those shares.

For a day trader, your cost basis is going to be close to your proceeds.

 

Therefore, getting taxed on 3.3 million is just not going to happen.