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Search: Posts Made By: Lornz

Forum: Brokers

August 22nd, 2011, 07:00 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

I know, I was trying to allude to the fact that...

I know, I was trying to allude to the fact that they might be earning money in other ways as well. It seems things are different now, but in the good ol' days, you couldn't get out of your positions...

Forum: Brokers

August 22nd, 2011, 06:48 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

Why would they? They earn money on the spread and...

Why would they? They earn money on the spread and commissions, they earn more as volume increases...

Forum: Brokers

August 22nd, 2011, 06:28 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

For my trading, it is cheaper to pay taxes than...

For my trading, it is cheaper to pay taxes than to trade a wider spread. It's all relative.

I pay a flat 28%, and it seems it is the same rate in the UK ( HM Revenue & Customs: Capital Gains Tax:...

Forum: Brokers

August 22nd, 2011, 06:09 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

1) Not even can you do it, but you can do it both...

1) Not even can you do it, but you can do it both faster and cheaper.

2) Yes, but taxes should be the least of your worries

3) $5000 or $10 000 seems to be the norm...

4) It all depends on...

Forum: Brokers

August 22nd, 2011, 05:32 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

I might have been a little harsh, you might...

I might have been a little harsh, you might indeed have a viable strategy. Unless you have a large account, a $30K swing in a few weeks indicates poor money management...

My point was more, find...

Forum: Brokers

August 22nd, 2011, 04:49 AM

Replies: 28

CMC Markets Banning

Views: 17,013

Posted By Lornz

This sounds like train wreck waiting to happen,...

This sounds like train wreck waiting to happen, I'd suggest you stop before you find yourself living in a cardboard box... ;)

Scalping CFDs is lunacy, why would you subject yourself to that...

Showing results 1 to 6 of 6

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

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High platform usage fees
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Unrealistic rules and requirements
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