When day trading stocks how can I minimize or avoid unwanted capital gains taxes?

Question by Logical Leroy: When day trading stocks how can I minimize or avoid unwanted capital gains taxes?
I am starting out day trading stocks and want to minimize the taxes I will have to pay. Does anybody have good tips or tricks to doing this? I will not be holding them for over a year. Also any good programs or websites I might want to use. I use Scottrade currently but want something for charting.

Best answer:

Answer by jlf
There is no way to avoid capital gains taxes other than having no capital gains.

Give your answer to this question below!