Recent content by dr_d_michaelson

Yes it looks interesting, and yes they're the first people in Gibraltar to be given a license to operate a SB business, and yes they clearly hedge all positions (as some of the London ones do too, by the way, however silly you might imagine it to be). But IMHO it's a good idea to check the...

You're absolutely right, of course, Cecja: the forex "industry", in particular, is almost unregulated in any real, practical ways that would adequately protect those of us trading for a living. Many traders are a little naive on this subject. Until they read some of the horror stories at various...

Answering Anley's questions Firstly, you're wrong: it hasn't been "well established" for over 15 years - that has been much more recent. Secondly, most of the professionals have NOT only just realised the advantages of spread betting. That wasn't what I said - you have misquoted me. Thirdly...

That's exactly how it looks to me. I am less tactful and polite than you and I openly suggest that he IS deliberately misleading people asking for help. I appeal to all the better-informed and less prejudiced members to "report bad posts" every time Anley produces this opinionated cr*p and...

Not only is this rubbish, it's actually ironic rubbish(!) because in fact the exact opposiute is true. All the big SB firms these days are increasingly seeing professional traders register and deposit substantial six-figure sums because they're finally making the move away from other trading...

Kevin, like many others I've been reading your posts (especially in the 123-RossHook thread) with great interest and would be sorry to see you go. It's really not easy to swallow the irony of seeing you go while others who have driven so many members away from other sites and are now...

A very welcome and commendable idea, Tony! Well done ... I promise/threaten to take part, time permitting. I have much to learn.

Well spotted. Very badly written article. Almost as badly written as one would expect from the LA Times. To the point of providing unintended amusement in places. But extremely interesting content, as you say!!

I could not agree more. In this particular instance, moreover, the party concerned was already very well known, here and elsewhere, as someone who will brook no contrary opinion at all, to the extent that members find it most aggravating. Ultimately it can benefit nobody. It can lead only to...

The last email I had from him rather suggested that he eventually got fed up with getting insulted by idiots here (and by a couple of other lesser issues affecting the site as well, I think). Can't say I was surprised. It's what often happens: the people who actually know a little about...

I'm not at all surprised. Spreadbet firms are increasingly wary of "new customers" who are actually sophisticated and profitable traders opening new accounts with six-figure deposits and winning consistently. Of course they hedge these people on sight, and rapidly learn to over-hedge them. I...

Great and informative post, Rob. Also full marks for diplomacy! Gullible, I've been spreadbetting for longer than Roberto here and unlike him I HAVE won over 500,000 from it, and I totally endorse every word he says. That IS how the industry works. It ISN'T their money they're paying out, not...

Most interesting and promising thread, Roberto. Well done and thank you. I will be a regular reader and probably occasional contributor. As you know, I've been trading 1-2-3-formations and Ross-hooks and little else for many years now. (Will I get shot down for trying to introduce the Ross...

There's one pointer that's probably more important than everything else put together, and that relates to your own tax situation. If you're going to make real money from however you do it, choose spread-betting because that way the profits are completely tax-free. Otherwise you'll have to pay...

Hi Chartman, hoping you'll excuse an off-topic question which I ask only because of all your comments about T2W members having two nicks: why is that you and the member known as Jonnyy40 can apparently muster only one profile photo between the two of you?