Originally Posted by
Gunfighter
I'm still uncertain about the time commitment, bookkeeping requirements and the tax liability of trading outside.
It sucks. I pay my taxes quarterly, taxed as ordinary income. Paying Uncle Sam and the state 4x/yr sucks. As for the End of year tax, it’s fairly simple. All brokerages I’ve used send a summary of capital gains and that all you need to plug in. They do usually send a statement broken down of all 5000+ trades I’ve done, but ultimately the summary of P/L is all you need