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From: | Derek <dkw@paradise.net.nz> |
Date: | Sat, 01 Jul 2000 09:24:08 +1200 |
Thanks for your comments on AQL etc Ritchie. My losses on AQL were 2nd only to ITC & SPE (thank goodness for FLP). I learnt a few lessons with those trades, now I have little hesitation when selling at a loss. Interesting how you mentioned how the value of money gets altered when you trade. I'd never spend $2.50 on a can of softdrink for example, but don't blink at taking a $250 loss 'cause the ship looks like it's got a leak (no, I don't hold SFH). > If you are a registered trader, then losses > are tax deductible against future gains, > or other taxable income. Just wandering what do you need to do, or what form do you need to fill out, to be a registered trader? Regards, Derek. ----------------------------------- Derek Watt http://www.blackrobin.com ----------------------------------- ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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