Recent content by trilobite

The explosive needle set fire to the haystack

Clue is in the name Spread BET, they are just bookies really. Price may be derived from market price, but does not have to match it.

Speechless! (the prop firm conversion is complete).

Agreed, but: The risk manager does not take account of any stop-loss that is placed. That is a big weakness, and probably why it assumes holding a position for a greater period of time is more risky.

Nope.

Wow!, that's a bad experience you've had. My own reasons for abandoning them (which I think started around the time they closed the original forum) is that they seemed to have moved away from their founding ethos (practically reversed it) and copied everybody else on the darker side...

Hmmm (again). Mr Holmes, any relation to Sherlock?, or just another fictional character.

I thought FX contracts were standardised at 100,000 units of currency. I couldn't bring myself to put real money with FTMO. It just seems dodgy using "pretend" accounts. Darwinex may not be the cheapest, but I never lost any sleep over lodging funds with them in the tens of thousands.

A very good summary of a long and complicated history!

Interesting observation, unfortunately it is human nature!

Well ...... the odds (and all the fees) are stacked against you, but good luck!

There speaks the voice of experience :)

Correct, an ISA also has the advantage that you do not need to worry about reporting any gains, interest or other income. However, don't take my word for it, do your own research to confirm.

All gains in an ISA are free of CGT and income tax. The annual subscription limit of £20K is irrespective of any profit or loss within the account. Tax laws of course can and do change, but that's the situation as of now.

No you have no risk with the allocation, as it is not real money, so Darwinex are not taking any risk. But you will win real money if you can keep the equity line moving up! Congrats on the allocation, needs a lot of patience and discipline to get there.