The hardest skill in trading has nothing to do with charts. It's sitting with uncertainty and not reacting to it. Every trader knows the feeling — the trade is live, price is moving against you, and every instinct says close it now. The traders who last learned to trust the process in that exact moment.
Dad buys stock at $200K.
It grows to $10M.
If he sells, he owes tax on a $9.8M gain.
So he does not sell.
If he needs cash along the way, he can borrow against it instead of selling. The loan is not taxed.
But mostly he just holds.
He dies still holding the shares.
The basis resets to $10M the day he passes.
The kids inherit at $10M.
That $9.8M gain. The income tax on it disappears.
They can sell the next day and owe almost nothing.
@TraderYush@Topstep the OG! Simple rules, fast payouts, and TopStepX is also a nice feature. Them being around for so long gives confidence in the fact that they won’t go under like most prop firms. Plus they’re constantly expanding! Which to me is a good sign of growth.