Recent content by sideways-sid

I can't make either of those dates @Sharky but will try to join you for the next one.

The original post and/or logic are a bit muddled. Think in terms of Value at Risk, which in your example @Mtandk0614 is USD92 per contract.

I found Trading volatility by Colin Bennett very helpful.

That doesn't make much sense - can you provide an example?

I guess it depends whether you're living the dream! If you are, invite him/her aboard your private jet for the next adventure. If you're after 7 years you're begging him/her for enough money to buy a tin of beans until you perfect your project, one can understand the scepticism.

It depends on several variables @Gman11 but assuming its not your primary source of income, a good accountant should be able to determine that profit is taxed as capital gains and not income. Let us know how you get on.

He no longer needs to trade after you offered him $1m overnight!! :)

It depends entirely on your requirement. The answer will be different if you're intending to trade large options at volume, occasionally buy shares in companies outside UK, or looking to optimise tax as examples. Ignore recommendations from strangers on the internet who tell you to use ABC...

Thanks @Sharky I can do Sat 11th. It would be great to see everyone again.

The answer is in the link - he has 107k followers on Twitter. With c.10 members and c.200 guests on here typically - and only 10 people replying to this in six weeks as examples, its probably not good exposure for him relative to the effort.

Buy stock Sell OtM calls. Pocket the premium. Repeat. The REIT that was mentioned earlier, Realty Income is currently paying USD0.235 monthly dividend (4.1% pa on c.USD69 price), and there are OtM calls for August expiry for example that can be sold for up to c.USD1.05. The two combined is a...

I'm unsure who Fibo_Trader is or why (and how) he/she/it posts so much, but its entertaining to pop in every couple of weeks and catch-up on the monologue. But this was a LoL post from Fibo yesterday: "pizza delivery boys and gynecologists have same dilemma, they can smell it but can't eat it!"

Real estate as an asset class is fine. Buying a single illiquid asset directly and dealing with management makes almost no sense until scale is reached and even then without an 'edge' such as development experience, owning an existing estate/lettings agency etc there are better ways to deploy...

Set-up and service is identical doing so as an individual. Just more expensive. With IB for example, you sign the W-8BEN as a representative of the company in the same way (using the same online form) as you sign for one personally.

I asked the same question a few years ago, and these requests seem to lose traction when someone is required to sign a lease, for understandable reasons. A more flexible alternative is to find a serviced office or coworking space with capacity for others to join and then invite people to join...