I'm just trying to day trade and my broker shows 60% of todays profits got raped by wash sale rule. How can I avoid this bullshit?
>>62510122who cares thats just helping you pay less taxesthe gains are real
>>62510122Switch to selling options on weeklies/monthlies and buying deep ITM LEAPS.
>>62510122I thought wash sale doesn't let you claim losses?Also doesn't your cuntry require a minimum of 25k cash or something and a registered business to day trade?
>>62510202Used to. >>62510122If you sell a stock for a loss you can’t buy it back for 30 days or that realized loss gets deferred and rolled into the gains you pocket if you buy back in at a better entry whenever you sell