i know this was probably discussed here many times but please bear with me and help me understand. right now i do not currently day trade. before i possibly embark on such a hard journey i want to clarrify exactly what happens if i only trade one stock such as the spy and after 100 trades in one day, i am at break even. to make things simple let us say on 50 of the trades i lose 1 dollar for a loss of 50. and on the next 50 trades i make 1 dollar a trade, for a gain of 50. now i am back to break even. do i owe money on tazes because i gained or simce i am back to break even i am scott free? if i do not owe any taxes what would be a scenario that it seems like is possible that even though overall i did not net any money and maybe even lost money i would still owe taxes?