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Soultrader

How To Improve TL????

How do you rate TL?  

23 members have voted

  1. 1. How do you rate TL?

    • Excellent. Love this site!
      17
    • Good, but room for improvement.
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    • Horrible, cant stand this place!
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Yeah, I like the idea of a poker-type forum. I say don't limit it to just poker, but I can't think of a catchy name. Could be inclusive of anything non-trading with an exploitable edge.

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As this discussion fell at the first hurdle when the mention of spread betting came up for UK-based traders, I'd like to raise it again if I may.

 

Binary options are now a legitimate way of trading and strike prices are based on regulated markets. I have kept away from spread betting firms for many of the reasons given here but binaries offer a securer way of trading for some of us. The tax implications are important as previously mentioned - no CGT for example.

 

Here's a link to the CBOE info on Binaries

 

If there is interest I would like to see a Binaries sub-forum available.

 

BTW, I did search for the term but this was the only thread I found.

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I know nothing about [spreadbetting] and do not believe it's available to US citizens.

 

I may be wrong, but isn't trading retail forex through any of the available dealers essentially spreadbetting?

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I may be wrong, but isn't trading retail forex through any of the available dealers essentially spreadbetting?

 

I was informed brokers like IB do not profit from the spread but just take commission instead. Perhaps IB traders can clarify.

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James, just wanted to add my 2cents, I love the forum and the exchange of ideas, also the I have come to know a small group of some of the posters and the sharing/learning is second to none. You do an excellent job of keeping the petty arguments that take place on other forums away from TL.

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