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Shares / Re: Traders Corner
« on: July 25, 2016, 06:48:07 pm »
I have stated before even on this forum that Garth is a great trader if not the best in SA. He must have started his TV series as Traders Corner long before he started his own business and created his website of the same name.
The reason I said that his trades seemed hypothetical is that I received his emails long after the fact. He acted immediately to what his charts showed. I could not.
One must also take into account that every trade attracts Income Tax at nearly half of your gains. This is another reason why I stopped. So you can deduct about 40% of your gains as business profit if you are in the high tax bracket.
The reason I said that his trades seemed hypothetical is that I received his emails long after the fact. He acted immediately to what his charts showed. I could not.
One must also take into account that every trade attracts Income Tax at nearly half of your gains. This is another reason why I stopped. So you can deduct about 40% of your gains as business profit if you are in the high tax bracket.