Let’s say you classed yourself as a trader for a few years tax returns, bad years, lots of trades, could definetly Argue that you were a trader and reduced the amount of your normal income.
For the next 3-4 years, you stop trading, but have bought some stocks, say 3, have done no selling. Activity in no way looks like a trader anymore.
Can you now be an investor? (Some people say you can switch, other people have different accounts and are both)I figure if your activities are obviously different/changed then there should be no issue?
