Recent content by DemonHeadmaster

yes m8, i trade back month brent spreads against wti on both ice & cme. hw about yourself? dh

Your right, spread betting is not subject to tax. I was thinking more in terms of trading futures for a prop shop. The traders are classified as self-employed and have to file their own tax returns. Most file under the sole-trader status and I was wondering if there are traders here that have...

Are there any traders here who have taken the Sole Trader ---> Ltd Company route? The overall tax bill at the end of the year is lower with a Ltd company, however i've heard it's harder to claim back costs (no more 'business meetings' in the Bahamas!) and any spare cash in the account has to be...

You've mentioned some interesting points.... So where are you long from?

I put on a mixture of positions throughout the day, both on the outrights and spreads. They'll be based on a number of factors, such as technical support/resistance levels, size of orders in the outights (esp during the minute marker window), size, volume and range of front/back month spreads...

I use CQG. They have ALL the contracts mentioned above. CQG Products DH

if you've traded at a prop firm before, you'll need to show them your monthly p/l sheets. they focus on the number of contracts you trade, the ticks you make a month, the spins you do and your % hit rate (ticks/spins). the account size (or contracts) you are given all depend on how many you...

yes, saxon financials is a good place to start off. they are not quick to cut you loose (unless of course you drop too much too soon) and with a decent trading plan, will let you setup your own team. They are not shy on funding new ideas. i was there for a couple of years myself before getting a...

I agree. I think because you're so used to making money on pretty much every trade you put on, that when you put on a bad one you get annoyed. That there was some information, or something that you didnt notice that resulted in you putting on a trade that you thought was good, but didnt work...

Hi, I'm thinking about trading the bund/bobl spread as trading either contract outright is much more riskier and putting on a spread will reduce that risk. Is there anyone on this site who currently trades the spread? If so, I would be interested in learning what type of strategies they use...

Hi there, A friend of mine recommended I apply to FCT group and go on their 1-week induction course. The cost of the course is £1000 (!). Has anyone been on this course and if yes, were you offered a fulltime job at the company? If no, do you consider the course as money well spent...

Some more trading firms I too am thinking off applying to a couple of trading firms, in particular, Global Exchange Trading Ltd, FCT, Saxon Financial and Liquid Capital. Does anyone here work of them, or had a chance to go to an interview? What type of questions (other than math calculations)...

I too have been done over by RomanSoft. There was a $50 transcation on my credit card. I've only ever used it online once, on a website called www.ebuyer.co.uk (online computer store). Im thinking either: 1. A cookie containing my CC details (placed on my comp by Ebuyer) was accessed by...

Hi, Does anyone know the symbol for crude oil for sierra charts? My data feed provider is IB. TIA DH :twisted:

does any know how I can cancel my mytrack data subscription? I cant find anything in the FAQ on their website and the mytrack program only allows me to downgrade my plan to basic. tia DH :evil: