ATO used to have this example on their website, although it seems to have disappeared. 60 transactions per year, at an average price of less than $2000 per transaction. Some users of this thread probably have a higher turnover per week than Molly had in a year. The ATO considers that Molly is a trader. Most people using this thread are probably traders rather than investors.
Average holding time was 12 weeks. Many traders here probably hold for less than 12 hours.
Neo, you should be able to figure out whether you are a trader. Basically, these days, with mobile apps, who isn't a trader?
BTW, you don't need an ABN to be a share trader. You can just be a private person conducting a business under your own name.
Any further questions, you should probably consult a professional accountant.
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