Whilst I agree, there is no guarantee that the same 90% would have made money if they had placed the same trades with a DA futures broker. In any case, there are more reasons why trading DA enhances your edge than just the lower spread. This by far outweighs any tax free benefit gained by S/B. Although I should really say that S/B companies actually remove this altogether. The fact that Futuresbetting actually says "Every price we make can be cross referenced to the underlying." is enough to make me not want to trade with them. I don't want a price to be 'made', I want THE price from the CME Globex electronic trading platform or nothing.
Listen comedians who claims to be trader. I think you and your pals in here shoul call yourself Joke Trader. i proablely do more trades in a week then you and your pals do in your life time (providing you have a life)
Dont push me to expose Joke Traders like you and others. i have seen more then few Joke traders, i know what they look like.
Few example: Joke traders make money everyday (like gooseman) (no one makes money everyday).
They all call themself pro trader, but they only come out from their holes during good market condition where even a donkey could make a few quid.
Joke Traders always claim they are ahead of everbody and have the best. Like yourself, getting Globex price.
They wear expensive suits (one with the stripe is very desireable) which is usualy bought from second hand charity shop bcos they cant afford the real one.
They are usualy armed with complicated system and methods (which new traders cant realy understand,) and also armed with charts and waves (favorite one is called Elliot waves- i call it Idiot's wavws) and will claim that it will make them money all the time.
These Joke Traders was most wiped out during 2000 market crach, but they have started to come out in last few years when market started to turn around.
new traders beware of them.
If you think you are making money everday and alwasy, why dont you post few real time trades on this site, so we can see how good you are.
i like to know if anyone made money listening these comedians.
this is the last warning to these comedians. i have taken on 30 thousand people before and beat them fairly. i can take on few Joke Traders.