Recent content by snake86

tradetheprofile, Forgive me for being blunt mate, but the markets are anything but efficient, not even close. Secondly you can't make that statement without defining efficiency. Sure, if you mean that they hand out judgement quickly but not otherwise.

mb_blue, Lets see what the partyline is after tomorrow's Special Economists Meeting which everyone seems to be worried about. If they break us in with a cut in central bank deposits rate then we can expect a further dilution in Sterling crosses. If you are looking at the next two weeks, then...

trader_dante, Which DMA providers are you talking about? It would be interesting to know. MB Trading provides good spreads on GBP/JPY spot, sometimes close to nothing, got to be opportunistic about those, though. If anyone has any experience of Hotspot FXi or Dukascopy for Spot FX trading I...

Hi Timsk, That guy, John, over at NO BS Trading is hilarious. I couldn't stop laughing at the testimonial mock in the bottom part of the page. Have you or any one have any experience with his material? Don't mind forking for it, it would be an interesting read, I presume. Thanks in advance...

vfx, You can't trade spot FX under an ISA however you should be able to trade ETFs which are FX oriented, just not the same for me though; but if you have long-term views than its not a bad alternative. Snake

Same goes with Futures... in US is predefined, however as far as my interpretation of HMRC laws goes... I can't seem to find anything on taxation of trading futures.

vfx, Still no good information on the taxation when it comes to FX... especially in the UK. Some real life accounts would be appreciated. I understand everyone will put the standard disclaimer of talking to a tax acct. but any guidelines would be helpful.

Greetings, I was wondering if any high-net-worth or large private FX traders on this list can shine a light on the largest lots/quantity they have traded on retail level ECN/STP platforms. Please remember, I am not talking about the likes of Currenex which are not accessible to most people...

ForexPipz, The word "collapse" has various definitions, at least in trading activities. The Sterling has constantly lost ground against the Euro since late 2007, and against the Dollar for the last eight months, except for some short term bounces. I would call that the long road down, or...

For those thinking about medium-term long Sterling positions Notice: For those who think this is just another ramble about UK's woes, kindly move on to the next post or thread... I wouldn't want to take a medium-term long position in Sterling, with anyone's 10-foot-pole. The fundamentals for...

I suppose it is better to function as a sole trader than, instead of going through the rigmorole of paying the Government three different types of taxes from essentially the same pot of profits. Does anyone here who trades as Sole Trader have anything to contribute useful info? I am interested...

Rainmaker, I am trying to resurrect this thread as it will be quite useful for upcoming traders and people potentially interested in financial services. It would be highly appreciated if you could elaborate on what is the can of worms (read: intricacies) for being a closed investment company...

Hi guys, I was wondering if anyone here trading Forex has any idea whether it can be done under an ISA or SIPP shelter. In the US, some companies offer you to partially trade your IRAs (which are similar) from what I have heard. Any further information or links on how people manage their...

Thanks counter_violent and ampro. I am aware of the points that counter_violent has laid out. It seems the gyration that AUD/JPY has seen seems to be quite a huge one. Though I know one shouldn't be rootin' & hoping, I am anticipating a strong return of AUD/JPY to previous levels, though not...

Hi all, I see that the JPY crosses have taken a lot of flack since Thursday. Does any of my learned friends out there have some form of theory on this? Could it be a ripple effect due to the USD/JPY going down the toilet? The Daily Pfennig mentioned that because stock markets took a tumble...