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  1. Windlesham1

    UK taxation for futures and options trading

    Nope -but if your turnover is >£85k you will have to submit long tax form and possibly proper accounts
  2. Windlesham1

    Active Trading

    That's unkind but he does have a large wish list
  3. Windlesham1

    UK FCA Targets U.S. Brokers Earning Payment for UK Clients’ Order Flow

    I trade UK options only and have noticed silly spreads for a few years now but the US is years ahead of the UK for retail trading platforms and market access..... or highly suspect!
  4. Windlesham1

    BBC program on scam FX trader

    This guy didn't even place trades it seems to me. What sort of person steals the hopes and cash from gullible people? When it's easy to start trading it's probably a pile of crap. I only trade exchange traded options -entry is hard.
  5. Windlesham1

    UK taxation for futures and options trading

    Pay the taxes-spreadbetting is NOT the market if you are a regular winner you will get hamstrung by the platform, who don't even need to hedge -the retails players nett off each other and the spread gives IG millions in free money
  6. Windlesham1

    UK taxation for futures and options trading

    You can spreadbet but you cannot make money with options unless you just stick to strangles -the spreads are very wide though . IB is cheap- in the UK we pay silly money in comms -for stocks I use Degiro. We have a shit company called Computershare which does not allow online trading! It's about...
  7. Windlesham1

    UK taxation for futures and options trading

    Not at liberty to say about comms- but it's really nothing when I have an old fashioned phone broker who works orders for me -often to market makers. Online my choice is Saxo or IB and Saxo don't even allow spreads
  8. Windlesham1

    UK taxation for futures and options trading

    you are taxed on profit-keep up!
  9. Windlesham1

    UK taxation for futures and options trading

    Turnover is 20+30+40+15= 105 but profit is 15 as I inderstand it. Turnover is money in and out
  10. Windlesham1

    UK taxation for futures and options trading

    Turnover is the actual money going through your account - so you might sell a put for 20 but have to buy it back for 30, but you roll it and take in 40, then close that out for 15. That is the simplest options trade I can think of! Try explaining strategies to HMRC and you will be arrested for...
  11. Windlesham1

    Call Selling Strategy (3 year backtest results)

    Overpriced? Nothing is overpriced. You are dealing with prices generated by big players who are generally speaking not total idiots. Well, they may be but they would employ algo's that are not idiots. Single stock call options in the US? You'd get margin calls every 5 mins. I can show you 10...
  12. Windlesham1

    UK taxation for futures and options trading

    Never yet met an accountant who understand options- but for tax it's simple P&L . Turnover minus allowable deductions, don't ever try to explain options to HMRC!
  13. Windlesham1

    U.S.A 22 Trillion in debt... Stacking federal reserve notes

    Yes, growth is a load of utter garbage- it's debt, plain and simple...
  14. Windlesham1

    Americans Can’t Get Enough of the Stock Market

    History has shown that when buying above historic P/E ratios people invariably lose money The average P/E for the S&P 500 has historically ranged from 13 to 15 Now it's 38. The numbers don't lie, so anyone buying today for the long haul is likely to be disappointed-short term it's pump and dump...
  15. Windlesham1

    Sleepy Joe did it . Inflation raging . I saw 5 restaurants closed yesterday as no staff

    From John Mauldin: OpenTable this last weekend in Miami actually showed higher restaurant numbers than it did before 2020. That wasn't the rest of the country. But Miami was certainly willing to party. Dems are getting the US back out of the Trump toilet-and inflation has been a pack of lies...
  16. Windlesham1

    Biden Wants To Go Tough On Wall Street. The Response? The Best Rally Since FDR

    Confidence in Biden now that bloated orange golf moron is washed up. He's still bleating though that Putin's rigging was not more effective.
  17. Windlesham1

    Sleepy Joe did it . Inflation raging . I saw 5 restaurants closed yesterday as no staff

    Trump- no lies there, no siree bob. WTF is actually worng with Americans? The water? Opiods?
  18. Windlesham1

    Sleepy Joe did it . Inflation raging . I saw 5 restaurants closed yesterday as no staff

    Why would you hate Biden? Trump trashed the US-economically and socially with his disgusting ignorant lies. Dems always have to repair the damage and chaos left by Republican imbeciles
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