Recent content by iceman1265

jtrader In trading, as in any other business, you only pay tax on net profits. chartman You need to be careful when hedging. Ordinarily the IR likes to treat futures profits as capital gains, but if you hedge a futures trade with a spread bet they then consider that as trading, which is...

Blairlogie - you may find it helpful to check out the Inland Revenues Statments of Practice SP 3/02 - Tax treatment of transactions in financial futures and options . You can download a copy from http://www.inlandrevenue.gov.uk/pdfs/ir131.pdf I also found the attached document from LIFFE useful...

Chris - you'll find a through explanation at http://www.investopedia.com/articles/technical/02/042202.asp iceman

Chris - have you tried adding a Parabolic SAR to your chart? This can be used as a trailing stop whilst the market is trending, though it won't work when the market is rangebound. iceman

Not yet ;-)

Andrew I successfully day trade the Dow using only SMA's and achieve an average profit of 50+ points per day. It may not be the best strategy, but it is simple to understand and works for me. Ultimately success is achieved by what works for you as an individual, not what does or doesn't work for...

Yes Finspreads would be good, but also check Capital Spreads as they offer tighter spreads, although they don't always fill at the price on screen. Given that you only need to make £40 per day it shouldn't be too difficult. I daytrade Wall Street Cash with CS and average over 50 points per day...

Has any other Linux user had problems with applying studies in Prophet.net JavaCharts? I can get everything else to work just fine but as soon as I apply studies the chart just hangs. If any non-Prophet using Linux user wishes to try this out just visit...