Tax Implications - Trader Vs Investor, page-6

Just the advice I was looking for. Thanks guys.

I only hold around 5 stocks at a time and one is an LIC which is the only true long term holding i have. So apart from that, it really just doesn't make sense to track capital gains on my other trades.

I have made a request to the ATO to have a chat about my circumstances for peace of mind but after reading all the online resources about the definition of a Trader, I am confident I shouldn't have a problem fitting into a trader category.

Again, much appreciated!