How To Optimize Your Trading From Day 1

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  • Опубліковано 20 бер 2024
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    Most traders don’t have their accounts set up to optimize trading… Everyone is in a hurry to open a brokerage account and wants to start trading, but they don’t treat it like a business. The reality is, that if you make money trading, you’ll have to pay taxes. So today I’m sharing how you can optimize your account for tax advantages.
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    ✅ Share this video with a fellow Trader: • How To Optimize Your T...
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    🔴 FULL DESCRIPTION:
    Watch and learn…
    1️⃣ How to get tax advantages with the right account…
    2️⃣ What commonly asked questions you can get the answer to...
    3️⃣ The first thing you should do before you start trading…
    4️⃣ How you can get a one-on-one consultation to learn about tax tips.
    5️⃣ The most common mistakes traders make when setting up their account...
    Don’t throw your hard-earned money away - see how you can keep more of it with a tax professional today.
    Are you optimized for trading taxes? Let me know in a comment below - I love hearing from you!
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    #StockMarket #TradingTaxes #TradingTips
    Hey, it’s Tim Sykes, millionaire mentor and trader. Thank you for watching my videos. I hope that they help you. I want to share everything that I've learned over the years. You can check out more videos right over there, and also click ‘subscribe’ so that you can watch all of these videos, get that knowledge and become my next millionaire student.*
    (All content on this website is intended for educational and informational purposes only.
    The material on this website is not to be construed as (i) a recommendation to buy or sell stocks, (ii) investment advice, or (iii) a representation that the investments being discussed are suitable or appropriate for any person. No representation is being made that following the instructor’s strategies will guarantee a particular outcome or result in profits. The price and value of stocks may fluctuate depending upon various market factors, and, as such, the strategies used by the instructors to adjust for those fluctuations may change without notice.
    There are significant risks associated with trading stocks and you must be aware of those risks, and willing to accept them, in order to invest in these markets. Past performance of any trading system or methodology is not indicative of future results. You should always conduct your own analysis before making investments.
    You should not trade with money you cannot afford to lose and there is a risk that trading stocks will result in a complete loss of your investment. Trading stocks, particularly penny stocks, is not suitable for everyone and requires hard work, due diligence, capital, and substantial time to monitor the market and timely execute trades.)

КОМЕНТАРІ • 26

  • @TimothySykesTrader
    @TimothySykesTrader  3 місяці тому +7

    Are you optimized for trading taxes? Leave a comment and let me know!

    • @michaelkoester2333
      @michaelkoester2333 3 місяці тому

      Is there a minimum $ for setting up a corporate brokerage account? What's the better brokerages to use?

  • @lagringa507
    @lagringa507 3 місяці тому +1

    This is so informative! No one else is as transparent . Thank you for your time. Stay blessed

  • @jovaniperez1443
    @jovaniperez1443 2 місяці тому +1

    Watching And Analyzing!

  • @shantiramkhalawan7057
    @shantiramkhalawan7057 3 місяці тому +1

    Tim is god sent

  • @user-be8nj1ly3t
    @user-be8nj1ly3t 3 місяці тому +1

    very cool

  • @Toyspriceguide
    @Toyspriceguide 3 місяці тому +1

    Hey Tim, Appreciate your videos! I have an idea for a video that I think would be useful for me and others - something along the lines of emotionally and socially navigating the success of being a day trader. When I first started having success trading everyone and their mother wanted me to teach them my methods. It was great at first but then not a one kept with it. It was really disappointing. I don't think it was my methods and it was that most people minds weren't prepped for it and they were never going to prep for it. I felt as if I taught 3rd graders they would have done way better than most adults. Another thing I had is sometimes people would not stop bothering me about it. I had one new "friend" continuously emailing me with just one more question even when I asked her to leave me alone for awhile. I haven't been trading much and I think this is a part of the reason why. I simultaneously enjoy and dread the question, " what do you do." I dread them asking me for tips or what stock to buy. I want to get my joy back for trading. I'd appreciate anyone else's suggestions too.

  • @katrinamathis6909
    @katrinamathis6909 3 місяці тому

    This is what I need! Someone telling the truth!

  • @nicolepapageorge9727
    @nicolepapageorge9727 2 місяці тому +1

    The link isn’t showing up-has it expired? I see the video is 3 weeks old.

  • @yaninapineda10
    @yaninapineda10 3 місяці тому +1

    💯

  • @nicolepapageorge9727
    @nicolepapageorge9727 2 місяці тому

    So if our property taxes are 14k a year and we have a dedicated separate room as a home office, high homeowners insurance in California, a portion of those and other things like courses and internet service, can be partially written off if we create a corporate llc for trading?

  • @mikealfano8471
    @mikealfano8471 3 місяці тому

    Will this work for a cash account?

  • @SkysCrazy1
    @SkysCrazy1 3 місяці тому +1

    What about Canadians ?

    • @brycedavis6063
      @brycedavis6063 3 місяці тому

      This will not be applicable for anyone that does not have tax obligations in the US.

    • @TimothySykesTrader
      @TimothySykesTrader  3 місяці тому +1

      coming soon, America first