In this issue:
Mysteries of Trader Tax Status
Contributed by Jim Crimmins
Just because you call yourself a securities trader doesn't make you one in the eyes of the Internal Revenue Service.
In fact, Uncle Sam is predisposed to consider you merely a hyperactive investor - and thus deny you more favorable tax status - unless you meet a number of criteria that are frustratingly open to interpretation.You read that right: the tax code contains no actual definition of trader tax status.Instead, the IRS has issued guidelines that the tax courts have expanded upon with case law, most of which denied tax appeals by traders.What we're left with is a blurred image, like a photograph of a trader taken from a speeding car.According to the IRS, to qualify as a trader:
To help determine if you meet these three tests, the IRS considers these qualifiers:
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How do I scan Fundamentals and charts at the same time?
Contributed by MetaStock Support
Many traders use technical systems to help determine when to execute trades. You can ensure your technical indicators will give you the full picture with a little bit of fundamental analysis. For example, your trading indicators tell you a good trading opportunity is about to take place. Then when you place your trade, the market moves in the opposite direction because you traded right before a big news announcement. Your technical analysis will not tell you this information. By combining both of these types of analysis together, you can get a more complete picture of the market. Here's how to view both technical and fundamental information in MetaStock:
Interpreting and Using the Performance Indicator
Contributed by Breakaway Training Solutions
In this short video, Kevin will show you how to interpret and use the Performance indicator. You’ll also learn how to quickly compare the performance of different securities against each other.
For more MetaStock training, make sure to visit us at www.learnmetastock.com or email us at email@example.com.
About Kevin Nelson
Kevin Nelson is the founder of Breakaway Training Solutions, Inc. He has spent the last 17 years becoming an expert on MetaStock software and a serious student of technical analysis while working for MetaStock. Prior to joining MetaStock in 1993, Kevin was a stockbroker for a well-known NYSE firm. In his role as Sales Manager at MetaStock, Kevin interacted extensively with MetaStock customers via phone, webinars, and public appearances. His experiences while working at MetaStock have enabled him to gain a keen understanding of the needs of technical analysts worldwide. While with MetaStock, Mr. Nelson was a featured presenter for four years. During this time, he traveled the U.S. introducing the MetaStock program to thousands of people and teaching them how to use its many features. His easy-to-understand approach is considered by many to be the best in the industry. ©Breakaway Training Solutions, Inc. 2012
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