Recent content by acecard

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    Selling covered calls and puts against long and short stock positions

    Hi all, I have been trading forex for a while but have just started looking at US stock/index/EFT options (I know there is an options forum, but I think this is more of a stocks question!). I am interested in the concept of writing covered calls, which of course would involve owning the stock...
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    Liquidity during Asian session for EU/GU

    Hi all, Looking for some insight from some of you on here who may know more about the Asian session than I do! Currently, being from the UK, I trade during what has been established to be the "best times to trade" i.e. during London/NY. Things are going ok at the moment although I have been...
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    Another UK tax question

    Thanks for that timsk. I'll get my teeth into that thread over the weekend! Indeed I hope things carry on along the path they have......of course, there are no guarantees, but one must have a positive outlook!!! Thanks again AC
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    Another UK tax question

    Yes NVP perhaps, although asking the questions doesn't detract from my trading energies, so isn't wasted. What happens if (or should I say when!) I get 1000 net profitable trades down the line and then realise that I didn't have my tax affairs sorted from day one......a tax bill that could have...
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    Another UK tax question

    Ok, so this leads me onto the question of spreadbetting......is this REALLY tax free? Perhaps I should go down this route (although I like my ECN broker). I read that if trading is your main form of income that it is in fact also taxable? Yet most things i see about spreadbetting accounts says...
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    Another UK tax question

    Ah ok, gotcha. I didn't understand the wording of the post. Apologies. I am a little confused about this CGT vs. income tax thing as i have read conflicting things about this. Some are saying that "investement" would be liable for CGT, as in long term trading, whereas if you are a higher...
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    Another UK tax question

    No, what I meant was, if the funds stay in my brokerage account, are they liable for tax? I'm saying that until my account is large enough to make money that I can use to live off, I will be leaving all the money in my brokerage account. Thanks AC
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    Another UK tax question

    Hi all, I'm new to this forum, although not new to forex; I am just coming to the end of my third profitable month and so am now thinking that it's time to consider the tax implications of forex trading!!! I know there are a lot of previously asked questions on T2W relating to forex trading...
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    Sticky Introduce Yourself

    Hi all, Been scanning this site for a while on my forex journey. Have been trading forex for a couple of years now, after coming across binary options and quickly realising this was not the way to go!! I am just coming to the end of my 3rd profitable month and now really feel like a trader...
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