Recent content by Wallyuk

Hi Laptop1, It seems you totally misunderstood my post. Im not suggesting this hedge would actually create a profit. Its exactly as you say by hedging the money accross I would make a loss. What im saying is if im a profitable trader and make 10k this week trading on a standard forex...

Hi Paul, I'm not expecting profitable deposits to be free of tax. The deposit is simply a means to hedge the money across. This whole method is simply to take my profit from trading the standard broker and move it across to the sb account to avoid tax. The amount you need in the sb account...

Hi Paul, When you mention making more in the SB account, I actually figured this to be a deposit, and not profit from trading. If you didnt have deposit funds available to hedge the entire balance from your broker account in 1 trade, you could start by using a smaller deposit, transfer...

Hi, Im new to trading, Poker is my game, however have recently become interested in trading forex (see http://www.trade2win.com/boards/showthread.php?t=26339 ). Spreadbetting seems to be a great idea for a UK forex trader in terms of tax. As a poker player I don't pay tax and any way to shield...

Hi Paul, I have looked through the links you gave me with interest, many thanks. I will definately spend the time investigating the ideas and methods of the authors further. Karl

Hi Shadow Ninja, I agree with you regrading all of my eggs. This is another reason for wishing to learn to trade. In effect I would have 2 business`s in Trading and Poker both of which give me the freedom I crave. To quote t2w member CLB928 from a private message : "There is a very high...

Hi Shadowninja, Prior to playing poker I ran a successful small retailing business. It started in my bedroom ( lol ) selling a few Poker related items on eBay and progressed to a 1000sq ft premises. It involved importing full container loads of Poker products like Poker Chips, Tables...

Hi Laptop1, Thanks for taking the time to reply. Id disagree with your idea of "playing" poker and take a small amount of offence at this. As you have said your interest in poker is merely a hobby, entertainment for yourself, so therefore it is a game to you. This would also suggest that...

I have been playing poker in total for approx 4.5 years. I play 2/4, 3/6, 5/10 and 10/20 NL Some poker players might say they play a certain level exclusively but I think game selection is very important for a winning player. I don't let my ego interfere with profit. if I look through the...

Hi, I play predominantly Cash games. I like the fact that there can be less variance (or drawdown as traders might call it) in cash games as opposed to large field tournaments. I have accounts with pretty much all of the poker sites, the figure shown above is the "withdrawals" I made from my...

Hi, I'm 24 yrs Male living in Dudley, West Midlands, UK. I play poker online for a living and have been for the past 3 years. Last year I made in excess of $188k USD (Tax Free) on a single poker site and can provide statements to prove this. I'm hoping to find a full time professional trader...