I was hoping someone might kindly link through some user friendly information regarding the logistics of setting up a secondary account for short term trading. I would like to dabble, however would also like to keep things seperate from the stocks I intend to hold longer term. Does this more or less just involve creating a second account with a second HIN?? The second thing that has held me back in the past is the tax implications, am I correct in thinking there is a blanket rule that capital gains made on anything bought and then sold within a year is 50%?
Any suggestions would be most appreciated. Cheers Chris
