Recent content by milt

I don't have any issues with IB,they're excellent really. I day trade US stocks,mainly leveraged ETFs like JNUG and GUSH,buying and selling around $130k worth on margin a few times a day. Execution is near instant,I'm paying about $200 round trip in commissions though. I don't need to pay for a...

What part of being an imbecile don't you understand?? OldNoob has given you a completely reasonable and sensible explanation of the current situation re HMRC and spread betting. You need to google "HMRC badges of trade" for further info if your brain can cope with that process

I spread bet full time and I don't pay tax,I don't put it on my tax return because....yada yada etc. Indeed this subject has been done to death,in fact HMRC prefer to keep it as it is because most people lose. My accountant keeps me up to date on it,google Ali v HMRC 2016 for a summary of the...

The clue is in the name....it's a bet,aka wager,gamble etc and outside all U.K. Tax liability no matter if you do it full time or not,as long as you're a private individual and not a company.

This is revealed in the CMC IPO offer prospectus around page 59. The bookies always win...:cheesy::cheesy::cheesy:

Looks a good bet accdg to the weekly chart...after a big downdraft like we just had on Friday I will be looking to sell the rips until around 3.40pm then buy the dips.i will be observing reversal times around 08.40,11.30,2pm,3.40(big one),6.30 and last one 7.40 until 5 min after bond market close.

This is a very good and informative thread,thanks guys! I'm a long time lurker,I make money trading Dax and this is how I do it.. For some reason,and don't ask me why because I don't know,Italy seems to lead Dax. Not every time,but enuf to make money...so at the open i check Italy and key off...

Well,it could'nt have worked that good...i saw on pbs.org (the great crash/depression podcasts) a few weeks ago that Livermore topped himself in 1940.

If u r spread betting I would say indeed that anything less than 15 min time frame is tricky. I trade Dow & ftse using 15 min green/red candlesticks and do OK(in conjunction with obvious S/R lines)i.e.at a strong S/R point see if the candlestick changes colour,and then go with it.

i think that would depend on whether or not it will be your main source of income(is so then you would pay income tax i think) or if is not then CGT would come into play?? But anyway i think you need to get professional advice about this...

Interesting...cable stopped right at the daily pivot 1.9638(for now)

This might be something to do with Paulson's comments???

Well,of course they don't work every time but I find them sometimes useful for intraday reversal points in a non-news day.

1.9517 is a Fib target(1.786) from yesterday's high & low.

Thanks...an interesting read.I saw Jim Rodgers last nite on Bloomberg:according to him we have'nt been able to trust any paper money for the last 40 years!!