I have thought about this problem for many years. In simple game theory the mathematical expectation of a game involving betting is defined as
W = P(W)xG â P(L)xL
Where
P(w) = the probability of winning
G = amount won
P(L) = probability of losing
L = amount of loss.
If E...
I have been trading using a limited company as my trading vehicle. I have recently decided to get a job and give a trading. There are some losses that are carried forward in the company. A friend suggested that I may be able to recover some of my losses by selling the company with its losses...
Thank you for your reply. I would be grateful if you would be able to give me the name of an auditing compnay in the UK who is familiar with the auditing of a compnay engaged in derivateive trading. My auditor's definition of turnover appears to be the notional turnover to which you refer to...
The company has some losses carried forward from the first couple of years of trading which I would like to be able to carry forward. This is why I still wish to continue to trade through the company. The question is can I find audit fees which are cheaper than what I pay already and not...
For the past few years I have been trading futures in the UK. I trade as a limited company. As a limited company I have to be audited every year and in recent years I find that the audit fees are quite expensive. Although my profits and losses are small ( in the region of 10k to 20k) my auditors...
For the past few years I have been trading futures in the UK. I trade as a limited company. As a limited company I have to be audited every year and in recent years I find that the audit fees are quite expensive. Although my profits and losses are small ( in the region of 10k to 20k) my auditors...
For the past few years I have been trading futures in the UK. I trade as a limited company. As a limited company I have to be audited every year and in recent years I find that the audit fees are quite expensive. Although my profits and losses are small ( in the region of 10k to 20k) my...
In the past I have often sought and found good advice in this forum. So here I am once again asking for guidance.
In an effort to "sit on my winnings" quite often this is what happens. Suppose I am long based on a trend following system and the market is moving in my direction. At some...