Sell and buy stocks many times a year,- Does this generate high tax?


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This maybe a stupid question:

I like to follow very " HOT" stocks which I expect that its price will go up for a while then fall down, and held this kind of stocks for a short period until I think their value depreciate...So I repeat doing this . I was wondering if there is a high tax imposed on activity like that? Another question, If i own a stock a little while and I choose to sell a propotion of its instead of selling all out and keep the rest. For example, I owned 200 shares of stock for a month, then I decided to sell 170 of it and keep the rest of 30. In this case, will I be taxed at a higher tax for these gians are short term ??

Thanks for ur help!!
 
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According to your description, you reap some short term capital gains and whose tax rate is the same as your income tax rate ranging from 10% to 35%, really higher than the long term capital gains tax rate which ranges from 5% to 15%. If you use tax software such as TradeMax, it will calculate your taxes throughout the year.
 

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