the ato has done statistical reports that show most people try to change to traders so they can offset costs and losses while they are really long term nvestors,
the ato collects more revenue from cgt than from traders
therefore the ato whats you to be an investor, you have to prove otherwise
its easy to argue a segregated portfolio, one one hand you have some shares held for 18 months and on the other hand you have cfd contracts that where open for 2 hours
