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@jredfox4111 Strictly a trading cost is strictly the unavoidable costs of the trade. So comission, etc. It excludes the unnecessary costs such as the 100 you spent on the adviser to pick your portfolio, the 20 you spent on books to educate yourself, the cost of the internet connection you used...

@starbright8000 You pay CGT on your net gain or loss in the WHOLE year. So if you lost 132 the day after your hypothetical trade - wiping out your whole gain - and never traded again you would have zero CGT. Don't forget you can deduct trading costs from your net annual capital gain (assuming...