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Brand New trader
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Brand New trader

  #1 (permalink)
Trading Apprentice
Gloucester
 
Futures Experience: Beginner
Platform: THP
Favorite Futures: Gold
 
Posts: 1 since Nov 2014
Thanks: 1 given, 0 received

Brand New trader

Hi Big Mike and fellow traders still on demo account and made some gains and some losses, I live in the UK would love to speak to other UK traders on tax, leverage and other stuff. No idea how all this works. Any help or suggestions would be very much appreciated. Also anyone using Traders hideout platform, so far I love it.
Paul

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  #2 (permalink)
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  #3 (permalink)
Trading Apprentice
Gold Coast
 
Futures Experience: Advanced
Platform: Sierra Chart
Favorite Futures: Futures and Forex
 
Posts: 13 since Aug 2010
Thanks: 8 given, 18 received


A post with those items in the header might attract attention.

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  #4 (permalink)
Trading for Fun
Bodoe , Norway
 
Futures Experience: Intermediate
Platform: Fxcm tradestation II
Favorite Futures: Forex
 
sharpshoota's Avatar
 
Posts: 142 since Jun 2014
Thanks: 843 given, 117 received

Spread betting seems to be favorable among UK traders because of the tax benefits , compared to regular trading.

Leverage is a no-brainer to me. I trade CFD's & forex , lot sizes there are tiny . If I want more
or less leverage I adjust my lot amount. In futures trading that's different.

I never use more than 1% risk on any trade , that's it.

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