I am not a trader. I tried trading in 2004 and lost about 35k in a short amount of time. I just don't have the stomach for trading. The problem now is that I recieved a letter from the IRS today stating that I did not claim this on my taxes for the year 2004. Maybe I am naive, but since I didn't need the deduction, I did not claim my trading since my losses were over 35k. I used E-Trade as my brokerage. Any suggestions would be appreciated. Thnk you.