Recent content by punjabi

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    Gold

    Dunstan, can you pls clarify what you see on the COT screenshot you posted? I would love to know your analysis. FYI, I bought GCM last Thur at 1285 and closed yesterday at 1310 for a quick profit.
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    Options Broker Recommendation for International Clients

    Interactive Brokers - have a great platform. A bit hard to get used to at first, but is very powerful. Saxo - the platform is laughable - other than buy straight calls and puts, it doesn't allow for anything else. Want to sell a call spread? Gotta do it in two legs. And their comms are very high...
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    Options selling on futures markets

    Russian_trader, Thanks for the reply. I have about 20 years of straight options experience, but am new to trading options on futures. Although the mechanics are the same, there are some very important differences. One of which is that the margin requirements on naked futures options is much...
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    Options selling on futures markets

    Hi Russian_trader. I'm interested to see how you get on with this sort of trade. What broker do you use for trading futures options - Interactive Brokers?
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    trading as limited company in UK

    spreads JER08, The spreads are very good - remember that comparing spreadbetting companies to proper brokers is not the same as comparing spreadbetting comps to other spreadbetting companies. IG index, and others of the same ilk, basically create their own spreads. Brokers go on the current...
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    trading as limited company in UK

    I have a Ltd company I have a Ltd company, which trades in options. I use IB and Saxo (used to be Sucden before that). To answer the original question, you will be very lucky to find a specialist accountant who understands futures/options trading. As someone mentioned, you can just use your...
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    Futures rolling

    more info pls... Hi blueroo, can you pls give some more details about how you split, roll, double and reverse? cheers
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    IG Index for Trading Index Options

    clbfjc, you wrote "Looks like you are in and out quite regulary, can you let us know more? I would be interested to know if you can use options to day trade. I never really looked at this avaneue." I don't day-trade option per se....however a few times in the last 4 years, the market has moved...
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    Tax and futures trading- UK

    Hi Botty. Thanks for highlighting this. I do my trading via a Ltd company, and can confirm that "Income of up to 150k in ltd co is taxable at 25% of net dividend (yeah still a bit unclear on this!). " ....is not correct. If you mean that Ltd company has to pay 25% tax, then it's incorrect...
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    IG Index for Trading Index Options

    I trade options with IG (and used to with 3 other spreadbet brokers). I also trade options 'properly' with Sucden and Interactive Brokers. You'll find the spreads on IG (and other SB providers) are very large compared to bona-fide options trading. Eg 20-14 rather than 22-23. Also, be careful...
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    Trading within a limited company

    Alex, You're basically asking "Can I use a limited company to take on lots of risk, and if it goes horribly wrong, then I want the safety net of being able to walk away from it all without personal liability?" (Side note - this is similar to what the banks did a few years ago, resulting in the...
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    City Index

    I would not recommend them. I've used them for a while to trade options, and they've screwed me over. Here are two examples. Firstly, they may quote a price of say 16-20 for an option. When I try to sell, their price immediately goes to 15-20, and if I back out, the price then reverts back to...
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    looking for one trading partner

    shideh, I'm sorry you have note received more positive responses, However, with respect, I feel you could have worded your initial post better. Read it again, and it comes across a little arrogant, inflexible and self-focused. "I am looking for one trading partner who can listen to me all day...
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