Recent content by Wagtail

Hi Phil, I've read that HMRC have made challenges to people in the past at a local tax office level, but as you say, fear of opening the floodgates to those many net losers who can offset their losses will always force them to back down. My accountant is happy with the tax free status of SB...

Don't say you didn't ask for it! From a specialist trading tax website... Tax Question: I want to start spread betting as a full time job, could you tell me the best way to arrange the taxes? is the income from spread betting going to be taxable? do i need to have a part time job? thank you...

I'm pretty sure you can use the ea at different settings on the same account, attached to different charts, but I think you need to change the magic number so that is different on each one.

As I see it, it depends if the broker changes the server time at the same time as the clocks change. If so, it makes no difference. However, if the broker stays on gmt all year round, then this would mean the start time would need adjusting during backtesting for summer and winter time.

Changing currency makes no difference to the tax implications. Still will be taxable under UK law as alpari is not a spread better.

Cool. I'm sure you are. Apologies for doubting your 40% per month claims.

Agreed, it's not my best performing system by any means. Certainly wasn't having a go at your methods, I've read through your ebook and I've used similar methods profitably in the past. It was only the 40% per month marketing claims that caused amusement. :)

Gathered it was him. Don't know why people market systems with stupid claims like 40% per month and 2300% in 10 months. It might well be a perfectly solid system, but claims like that are so unbelievable that it's more likely to put people off.

Lol. Saw that too. 40% per month. Who needs net trap!

No trade for me today

MA rising over last 3 bars. No trade for me. W. www.cabletraderfx.blogspot.com

Moved over 180 points today, over its daily atr, so my advice would be leave well alone. W. www.cabletraderfx.blogspot.com

Certainly has. Just got +50 short on my demo method. Ftse tanking too, currently +60 there. W. www.cabletraderfx.blogspot.com

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