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I agree with most of what you said. BTW Nik 225 is 7 point spread during market hours, I actually trade that one sometimes. Regarding quotes not being real. With stuff like the Nasdaq 100 the spread will always stay the same, it actually went to 1 point yesterday! There is enough volume for...

Thanx again. I think with stocks and low volume stocks for sure, as you move higher in pound per point the spread gets wider and as you said they can do what they want. But I know for a fact stuff like Nasdaq cash futures/Dow etc you could do £100 a point and still get the same price/spread as...

Thank you for the above. When I said "Nas" futures I meant Nasdaq futures, sorry. Over night funding for spread betting is an issue, agree there. So if we work off the E mini Nasdaq 100 futures. 1 contract is worth $227k. So if I was to hold that position over night for 12 months on IG...

Nas futures right now GLOBEX has 1 point spread. (has fees) IG Nas Futures has 2 point spread, but we need to factor in that is tax free and there are no fees. So if we make 100k+ profit on both the above, the first one we take a much bigger hit due to tax right? I guess this could be all...

why would you not use IG (spread betting) for index futures?

"for pennies" TWTR $45 tomorrow???

It will pop and fade now for many months. Unless Elon does something silly (not like he does that ah! ;p)

I am talking about until that happens, could take months

It will still trade daily. Dare I say it have a look tomorrow. All pops throughout the day will fade back in. Even if they don't on the intra day chart they will on the daily.

yes sure, but take a look at ATVI since the MSFT deal in Jan. This can take months, in the mean time the upside is capped and all pops are easy money short! we can also just cover by end of day to avoid paying any interest.

I actually meant day trading, not holding over night. But even then I still don't think you could lose too much if you held over night and you have a lot to gain if the deal falls through. (It is Elon Musk we are dealing with here, anything is possible)

They can't go higher than $54 right (well, does not make much sense to do so) So between now and when they stop trading (which could be months) TWTR will trade sideways and always sell off on small pops. Also shorting knowing Elon is nuts and could pull the deal at any time is also not a bad...

If you are day trading option: So you need to be flat by the end of day, why would anyone trade OTM options vs ITM? My thought process is, ITM options have higher deltas which equal more gains on the intraday moves, right? Where as OTM options have lower deltas. Thoughts/help please? Thank you

From what I can tell this rule seems to screw day traders if they are trading the last month of the year. Other months it does not seem to be a problem. Is that correct?

How does the wash sale rule effect day traders in the UK? Trading equities and basic options. Say this month I have tradedTSLA over 100 times, but I am close to break even as of now. Does that mean I could owe a ton of tax? Please use the above example for trading equities and options. Thank...

Thank you for that, so I need to check how it effects UK traders, that trade US stocks of course. On a side note, how do day traders in the US who trade anything from 10-100 times per day the same stock, get around this rule? I don't see how they can make money, if tax screws them when they...

How does the wash sale rule effect day traders in the UK? Trading equities and basic options. Say this month I have trader TSLA over 100 times, but I am close to break even as of now. Does that mean I could owe a ton of tax? Please use the above example for trading equities and options...

Why do you say this? If you don't mind me asking Thank you

I do find it hard to believe someone who should have over 50+ million trading account, claiming to have made 10s of millions in profits uses a paper trading account/charts.... https://gyazo.com/ae4560223d6c9e19bf5710ef599f1859 (see top middle of the page) I guess the question you should ask...

Of course yes. Apple is trading at $150, it's about to break out on the 3 min chart. Which Option are we going long on....the next option to expire, slightly out of the money? or ITM and an Option that has a few weeks left?