mjwholdings asked:


I am a Canadian individual who wants to know how to withdrawl money from the account while being taxed the least amount possible. Would it be best to leave it as a personal account or turn it into a business or private company account?

tommyfourth asked:


I was looking at two things, one seems to be a trading system on autopilot, the other a robot. I still don’t know the difference… sorry newbie here

One is

http://warrenforren.org/2009/01/17/forex-ambush/

the other is:

http://warrenforren.org/2009/01/17/3/

I am nervous about a robot doing anything with my money. Thoughts?

Troy M asked:


Hi, I experimented with Forex (Foreign Exchange) trading last year. I started with $200.00 and at the end of the year I had $40.55 in my forex trading account. My $40.55 is still sitting with the broker (FXCM). I am wondering if I have to report this on my taxes? I know that stock brokers send you 1099 but I have not received anything from Forex Broker. Since I did not make any money, do I need to report this? Is this amount significant? Does IRS care about this kind of trading profit/losses?

I usually do my own taxes but I am thinking of going to an accountant just because of forex trading but I am afraid that I will end up paying alot of fee for tax filing when maybe I can just file the taxes myself. Please suggest!

uncletrumpet asked:


forex trading, do people make money on this deals and trading?