Just a question for those who know about capitol gains. I talked too Revenue canada about day trading stocks and ones like Not that I hold onto. She said that all trades even if you buy and sell the same day are considered capitol gains. They tax you on half of the gain and you can deduct half of any losses throughout the year on stocks. Now I thought if you day traded stocks they were considered income and taxed at full gain and your losses are also 100% of your loses. Could anybody tell me if this is right or wrong? I think she is wrong but if we have any accountants on board any help will be greatly appreciated.  Thankyou   Junior