Aren't you at all interested in managing your capital gains exposure? Short term trades tend to play to the advantage of the broker (fees) and tax collector (short term cap gains tax)
1) What capital gains tax? You can run it through a company, which is what I do.
2) Broker fees are $0 as I use Robinhood.
Like I said, I made a ~44% return. If a $7 trader fee is your argument for it not being viable then you are most likely not investing enough money, or not getting a decent return.
“Just run it through a company” isn’t the whole story. You also have to qualify as a trader and file an election to use the mark-to-market rules, and then you actually have to do mark-to-market accounting.
Profits that come from Stocks remain in your trading account. You transfer them from your trading account into your business bank account. The actual profit/difference is taxed. I don't understand what's so complicated?
It’s not particularly complicated but it’s far from optimal. If you’re not doing anything special your profits are taxed as ordinary income but you don’t get to deduct business expenses, nor do you get to count that income toward deductions like self employed healthcare or retirement account contributions.
Now you're just debating additional income. However, say your company lost -$10,000. If you profited $10,000 in stocks -- you technically made $0 in profit, which means you still don't need to pay taxes, even on the profit on stocks.
...and if your business is really killing it, and you're also killing it in the stock market, I am certain you won't have a problem paying a few dollars to the US Gov. It's still better than other investment avenues :-)
I just sell after the earnings or when I gain the desired amount (5-10% return)