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    Billionaire Quant Trader Alex Gerko Named UK’s Biggest Taxpayer

    Why would you stay in the UK and pay an insane amount of tax, when he could live else where and pay next to nothing? pros and cons please
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    Bucketshop betting (tax free beer money)

    This is not correct, maybe for some firms it could be, I can't comment there. For IG index this is not close to how they do business
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    Bucketshop betting (tax free beer money)

    CMC markets do this for sure, I don't think IG index needs to. Why take the risk when they have so many clients printing money for them on spreads. A losing trader could put £1,000 a point on TSLA long, TSLA has a profit warning + terrible news and drops 30% over night. No way would they put...
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    Bucketshop betting (tax free beer money)

    but their model does not need to take this risk. They can't just pick and choose which trade will be winning/losing. Lets say you do £10 a point in TESLA with 10 point spread. You buy at $200, they will just buy at $200 in the underling market, easy. The spread in the market will be 5 cents...
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    Bucketshop betting (tax free beer money)

    Lets say an average trader is trading 100 shares of TESLA, that is just £1 a point. Even larger trades like 1000 shares is only £10 a point. All they do is take the same position out as us, but charge us a larger spread, that's all. Say someone wants to put in a big order, like £1,000 a point...
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    Bucketshop betting (tax free beer money)

    This is not true btw. I know traders making 6-7 figures a year with them, some withdrawing funds weekly/monthly. Of course if someone is breaking rules etc, then there will be problems and they will not be able to withdraw/deposit. Believe it or not, they actually make good money from their...
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    Direction for stocks and futures:

    Adding to winners and scaling back on losers, is what the winners do. The losers add to their losses and cut their winners too quick, is what the losers do. It's what makes this game so tough, mentally. Who wants to add to a position on a 1 min chart when you are up tons, most take their...
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    Direction for stocks and futures:

    LOL, I should just leave it at that really. I am a real trader, I don't have time to post 20k+ times here. I have a family and trade full time. All I wanted was other people's view on my question, that's all. This year I am just shy of 200k day trading, I am not looking for a "free lunch". I...
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    Direction for stocks and futures:

    If that's what you do great, just want to here everyone's view on the question. As I said there may be no right or wrong, horses for courses
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    Direction for stocks and futures:

    I mean you have time to post 22,422 times, one would think you could post ONE recent trade with your thought process on the ONE trade. But maybe you are too busy on forums postings vs trading. Which is fine, no judging. I won't ask again. Thank you for trying
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    Direction for stocks and futures:

    You don't seem to be listening. I don't need teaching, no thank you. But I would like to see an example of a recent trade you have done using your method. That's all! If you don't trade or don't have one just say. I don't need anything else. Just people's ideas/thoughts and examples of course
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    Direction for stocks and futures:

    That I get, but I would still like an example of a recent trade you did using your method.
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    Direction for stocks and futures:

    Well it is what I said, but it's easier said than done. It's what makes the market, you think it will go up you go long, I think it will go down I go short, etc etc. I am still not sure how you do this though, hence why I wanted an example of a recent stock trade. I also get there will be no...
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    Direction for stocks and futures:

    I get what you mean, but could you give an e.g. Look at TSLA today. mkt opened, volume was normal, but it dumped all the way down to $220, from $228. This all happened within 30 mins. Aim of the game for us is to predict that before and get short.
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    Direction for stocks and futures:

    Do you mind elaborating more please
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    Direction for stocks and futures:

    I am not sure this helps for day trading.
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    Direction for stocks and futures:

    I trade US stocks and Nasdaq futures. So my question is just for those, please. The above can only go 3 ways, up, down or sideways. We have access to make money many ways once we figure that out. What do you all use to determine the above. (for day trading only please) Indicators? Volume...
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    Market depth on IB

    It's not, that is market depth/L2 I put in my post. Book trader is different and can't do what I want
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    Best option for level 2/market depth data please

    I use E Signal for MD/L2 which has now become unusable for day traders. I have this issue with IB: https://www.elitetrader.com/et/threads/market-depth-on-ib.369406/ Any help/thoughts would be great. Thank you all
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    Market depth on IB

    I am trying to move away from E Signal for a few reasons. I am struggling with this on my market depth page. Please help if you can. See below https://gyazo.com/8421835212791f5f5b91722b9c1256b3 I want to highlight certain share amounts via different colours. There is an option, but for the...
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