Day traders are scum

This morning I bought the dip, then sold the bounce. Made 3K in less than 10 minutes - tax free. What value did I produce for society?

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>What value did I produce for society?
You took nothingburgerers money. That's valuable.

>tax free
I don't know what the Canadian IRS-equivalent is, but they'd like to speak with you

keeping yourself alive and feeding your cute white family in leafland.

>Using TFSA for day trading

Getting sick of these fucking larps.

Tax free fucking ass.

>tax free.
lmao. imagine being this stupid and posting a thread for the whole world to see it.

go fuck a dog you stupid leaf.

>What value did I produce for society?

What do corporations that churn out billions worth of products (and waste) do to give value to society?

You think people who do ONE thing in a large company produce value to society or just to that one company that churn out more distractions and waste to keep itself alive for no reason other than the promise of future growth and money into infinity?

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Price discovery, Canadian faggot style

How did you avoid 50% of gains being taxible?

I mean, it was their idea - pic rel
That is something to be grateful for I guess

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>tax free
I have some news for you, user

Lol this dude's gonna get audited to death next year.

>tax free
Here's where you fucked up woth your LARP

It's funny because Soros, who funds so many shills, made his money speculating.

Provided liquidity.

reduced volatility

>tax free

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i feel you
when i was still in the game i felt bad for making money so easily, i dunno, it's not for everyone
that money means literally nothing

>you are a node

>tax free
Reported to the RCMP

OPEC negation failures are why the worlds economies are plummeting. Trillionares price fixing petroleum by controlling production.

This is what kikes actually believe

You helped Shlomo maintain his pyramid scam going on. If nobody gave a shit it would become too clear it's a jewish scam and (((their))) future would be uncertain.

Day trading on a tfsa is taxable

>tax free

It works very close to this, but a small part of the production was really necessary and not simply replacing the poorly made crap they manufactured previously. LOL

They add liquidity to markets and thus improve their efficiency in pointing out the correct valuation of any company.
Entrepreneurs need said markets to be able to correctly gauge society's demand for goods/services and to be able to allocate resources in a way that can satisfy that demand (in exchange for a premium which they wouldn't get if they invested in an already saturated market).
Hope you're happy that someone took the time to point all that for (you), ya fucking commie.

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In GDP terms of you will.

I guess you're right - I didn't make much but I'll definitely file it in. Thanks for the heads up

Sorry, didn't understand your request. GDP isn't even a good way to measure a country's economy, it adds tons of destructive expenditure (AKA stupid shit the retards in government spend your money on).

>tax free

If you are daytrading in your TFSA the CRA will definitely make you pay taxes. They are niggers.

Oh I'm laffin

How much do they tax? I've got like 15k in a TFSA and am currently neeting

you were rewarded for your risk. you took on the risk of others that didn't want it, providing a financial service to the community.

if this is hard for you to understand you might be special needs.

You made taxable income, which will paid or you go to jail. This money will go to pay for all the niggers and pakis in your society to get free shit

LMAO Canadian dollars

I'll bet. You can't even type a sentence correctly, laughter is all that's left for you.

you didn't do shit basedboy

no, this is what people with IQ's above 90 know. Are numbers to hard for you user? There is still a place for you in society cleaning toilets and wiping old people ass. Get out there and contribute and let the book reading adults think about them "evil numbers" you don't like.

If there's anything the CRA will be extra jewish on, it'll definitely be TFSA and RSP activity

its basically the same as gambling.

This is what retards who never tried to sell/buy low-liquidity assets actually think.

you sold an asset to someone looking to buy it. It was a voluntary exchange where both parties won.

and you'll lose $3K again.

Wow
I never knew this. Funny how you can do it in rrsp though and defer it all the same.

A nothingburgerer would still be in the market and likely even be buying himself.

What are you talking about?

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One day you will use that money to consume

Kek. I love Yas Forums banter.

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>tax free

kek you have to pay income tax or the government will fuck you, enjoy prison

This bounce is so small you'd probably lose money on brokerage fees before you paid taxes.

Usually half of your capital gains are considered taxable income*, so if you made $3000 profit you need to declare $1500 as income but if you are a neet your income is probably so low that you will get the full amount back on your tax refund.

*Not sure if it's the same for short term day trading, I think they may consider the full amount of your gain taxable income if you are a habitual day trader

that's not fucking tax free. I had to pay a third of my gains when I did this shit with bitcoin

You know if you buy monero first, then turn monero into bitcoin there isn't a way to trace the bitcoins to you? Or at least there shouldn't be...

>tax free
No

why do you care about society so much? It's just means to an end.

Your buying helped stop the market from crashing
Your selling allowed the market to return to normal
Meanwhile I just invested in SQQQ and sold at market open for a cool 20% gain that did nothing to benefit anyone
Thank you for your service

The primary purpose of all businesses is to solve a problem. It may not be obvious at first but there is a problem being solved somewhere in a successful company. If there is no problem being solved, a business will die.

Examples
Problem: people need to eat
Business: Farm that produces food

Problem: People aren't starving but want tasty food
Business: Restaurant buys food from farm and adds value by making it tasty.

Problem: People like tasty food, but don't want to sit down and wait for it. They want it quickly because they're fat retards with poor impulse control.
Business: McDonalds

There exists some situations that are allowed to exist where companies MAKE the problem they solve or appear to solve it but actually don't. This is, at its fundamental level, corruption.

Thank you for taking my business 101 course, Mr. Leaf.

tax free savings account

Parted tards from their money

GDP, despite having gross in its name, doesn't even include gross investment, which includes most capital goods, unfinished goods, etc.
It's like an X-ray of the economy as opposed to Gross Output, which is an MRI.

i would say being able to predict how stupid the average fucking person is warrants some cash prize