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Plan b for the brave

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    Plan b for the brave

    http://www.telegraph.co.uk/finance/p...-in-a-day.html

    Good luck to him. Personally I'd be tulipting myself playing with my own money.

    #2
    Originally posted by DimPrawn View Post
    http://www.telegraph.co.uk/finance/p...-in-a-day.html

    Good luck to him. Personally I'd be tulipting myself playing with my own money.
    Losing 200K in a day when you only make 300K in a year is gambling.

    I suppose the benefit is that he will have no problems convincing HMRC that he is really gambling via spread bets, so defintely all tax free.

    I made over 300K in the last year, but my biggest losing day was less than 10% of my yearly gain. But i trade futures, and pay tax.

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      #3
      Originally posted by DimPrawn View Post
      http://www.telegraph.co.uk/finance/p...-in-a-day.html

      Good luck to him. Personally I'd be tulipting myself playing with my own money.
      Fair point, but since he's been a Trader his whole working life I suppose he knows the risks as well as anyone could.

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        #4
        Originally posted by TykeMerc View Post
        Fair point, but since he's been a Trader his whole working life I suppose he knows the risks as well as anyone could.
        WHS

        Also interesting he is a bear market trader : most are bull market.

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          #5
          Originally posted by BrilloPad View Post
          WHS

          Also interesting he is a bear market trader : most are bull sh!tters.


          Oi BP, I fixed your spelling mistake!

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