Can I deduct capital losses in FOREX trading just like losses in stocks ? - Money in the Bank | Money Maker

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Can I deduct capital losses in FOREX trading just like losses in stocks ?

Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning.

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11-19-2007, 03:05 PM

deepakagra deepakagra is offline

Junior Member

Join Date: Nov 2007

Posts: 1

Can I deduct capital losses in FOREX trading just like losses in stocks ?

If I make loss in stocks; I can adjust upto 3000 USD with my salary. Can I do the same if I make loss in FOREX trading ?
When I tried searching on internet about it; it looks bit complex.. treating FOREX Futures and spot differently.

I am here trading only in FOREX Spot. http://www.greencompany.com/EducationCenter/ForexTradingExpoVegas2006GreenWorkshop.pdf
link says there is no limit on the spot losses I can adjust !

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