What better way to trade FX with options, the spread of paris or cash transactions? What's better for the residents of the United Kingdom? Currently, at the time of writing, I'm 18 and I play the stock, commodity and currency trading in multiple accounts of different practices. What I discovered is that I'm better at forex trading and I make the most money in transactions that way. With stocks and products I had moderate success, but I'm better at trading currencies than anything else and I learned a lot.
I also know that money has a tendency to long-term trend, such as a few months to several years, which is the case of currency options are best suited. Trade Spot Forex on the other hand is listed at the margin and is better suited to short-term trading of FX markets.
I've had that FX trading practice in place of exchange and spread of paris, which have both a return of several hundred percent. What I would like to know what is the best way to trade forex currency options, the spread of paris or exchange for cash, and is best suited to a UK resident to gain wealth? Please help / advise. Thank you.
PS Sorry its so long.
The answer is very simple. If you are in the United Kingdom, you must go through the spread of paris road because all earnings are tax exempt. All the instruments you have mentioned are traded on margin are equally dangerous, but the difference is that the options if you spot forex trading or currency, you must pay tax on your winnings!
For what you want to do, xe.com is the starting point, but be * very * well as the retail Forex is essentially a shell game. You must be extremely careful on that spot transactions and requires much time and nerves to do well (or even successfully).
Spread betting is the best, it is tax free and the differences are almost the same as the cash market nowdays.
Posted on January 21, 2010.
