your wrong @e-wave.
I'm a cpa accountant / advanced insolvency expert , also hold a doubly degree in business majoring in accounting and international banking and finance .
your total profit on the sales you have made is 27.27% unreal outstanding !!!!
how this is worked out is your profit / total cost being the -27,627.89 due to the costs Incurred for the stocks you sold !!!
won't be the total costs YET because you still have a holding of 35k of stocks.
your an individual and you use CASH basis. unless your trading under a ABN and use the accruel method.
thanks
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- Day Trader’s Aftermarket Lounge 28-30 Aug 2020
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