Jo Bhakdi
@JOBhakdi
I generate with $TSLA and AI stocks. Founder of and Thrive in Age of AGI. 🤖 🫡
Joined November 2011
1K Following 39.7K Followers
True.
I am in a different situation since I am trading institutional with a different setup
Short term capital gains tax is the major disincentive to trading in and out of the stock around short term rallies and dips. At least in regular brokerage accounts.
High income earners would lose as much as 50% of any short term gain on trades.
Tax advantaged IRA accounts is where it would definitely make sense to capitalize on these moves.
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