UKspreadbetting
425K subscribers
🔴 Trading is Risky! 70% to 89% of retail investors lose money! Financial-Spread-Betting.com is where betting and finance meets, on the trading floor. This is a place where we can inform, and educate little, and hopefully entertain a little too. Spread betting is an efficient way to trade the financial markets as you pay no stamp duty or CGT on any profits you make. This is because the activity is regulated as gambling, as opposed to investing, which means spread traders don't normally pay taxes on their winnings. The flipside of this is that with spread betting you cannot offset losses against your profits for capital gains tax purposes. Leverage can amplify both your gains and losses since they are calculated based on the total exposure of the trade, not merely the margin needed to initiate it. Consequently, losses and profits could far outweigh your margin, so always ensure you’re trading within your means.
This is the No 1 Reason You Won’t Stick To Your Trading Rules ❗❗
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