daytrading june 28 morning, page-21

  1. 5,982 Posts.
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    Yes,Giz, but please allow me to contribute more on this:

    Basically, which day depends on your investment type:

    1> Traders, follow contract day
    2> Investors, follow settlement day.

    However Giz is right about "traders doesnt matter as stock at june 30 method" as stock on hand will be treated as closing stock on 30/06/2012 for calculating cost of good sold.

    Hope this helps :)
 
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