<prompt> Human: As an up am coming trader with 800, I would like to find a way to establish a business to protect my assets and relieve me of heavy tax burdens as my trading career takes off. What can I do?  <response>: You seem to be making a lot of unfounded assumptions. This approach will prevent you from being a successful trader.First off, with only 800 you really need to focus more on saving than on anything else. There are no investments or tax optimizations you can make that will pay better than saving more.Second, you seem to have some deeply flawed assumptions about how taxes work. Where are you getting your information? What could possibly make you think that establishing a business will change your tax burden? If youre thinking that the carried interest provisions that have been in the news are relevant to you, they really arent until youre managing other peoples money for fees.You need to focus on the fundamentals. Save and increase your portfolio. Avoid leverage, get-rich-quick schemes, and especially crypto. Research your investments: if you research companies the way youve researched taxes youre going to lose money.I dont mean any disrespect, but I dont want to lie to you either. I wish you luck. 