Search results

Didn't you claim to have clients in another thread? http://www.elitetrader.com/et/index.php?threads/finding-investors-to-start-a-hedge-fund.295056/page-3

Do you day trade for your clients?

Wrong :D ... -- if you know what you're doing.

What is your trading frequency?

Both are profitable.

You can make a modest living on $40-50K per year.

I think it should be much simpler than that.

Yes, you are not allowed to sell short.

What is your performance?

How do you build a track record? Why isn't liquidity of your instruments ( as opposed to your account size ) that matters?

Annually this amounts to £50 * 250 trading days = £12,500, which is 25% higher than your initial capital. Let's say the expected annual return is 25%, i.e. £2,500. Stamp duty dwarfs your expected profits. I am sure people in the UK would rather bet on horses than day trade and pay stamp duty...

How much in revenue does the UK collect off this tax?

Buy and hold.

Buy and hold. Over 60% success rate.

Got lucky?

I think some stupid lawmakers think that investors are fools who would recklessly throw away their hard earned money no matter what. Or maybe they think that investors are compulsive gamblers who can be easily fleeced by the government. But what does that make the government then? A casino?

why?

SPXL is a good etf to mirror options performance.

How are they making money? On bid/ask spreads?

After you read some books on formal logic you understand yourself even better. :-)