Yes I am a novice looking to learn and reduce tax within the rules The info I have read from the Ato does not look overly complecated to comply with it seems to be all about trading in a business like way.I go about my trading in a methodical way and keep good records I seem to compley with most of the requirments, making a profit and capital involved seem to be secondary. I think the jump from novice to share trader is not that great and could be benificial to alot of novices. The best advice is to see a Accountant and I will do so (If you are not a expert talk to a expert) Thanks all