Wednesday, May 18, 2016

Loss

First day trading on Robinhood. I went from fast making money in seconds to losing $350 minutes later. I tried to outsmart in something I didn't know about. I was treating the move like a day trader and I know I'm not ready for that. My mistake.

IF I don't invest any further, do I need to claim this Or do I need to claim this? OR

IF I invest more and make some gains, how does this work with calculating loss/gains and taxes?

I think I want to put it behind me and focus on other more important things right now. I'm not hurting for money but far from rich. I want to learn from this..and focus on investing any passive money I make instead of primary source.

Any insight is appreciated.



Submitted May 18, 2016 at 04:20PM by traffickstock http://ift.tt/250HmbO

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