Taxes reduce profits (and losses) but don't change a profit into a loss. At leas...

		leereeves on Aug 22, 2016 \| parent \| context \| favorite \| on: Almost 80% of Private Day Traders Lose Money Taxes reduce profits (and losses) but don't change a profit into a loss. At least, not by the usual standard for "making money day trading", which ignores fixed, nondeductible costs like rent.