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hasben

05/24/17 1:20 AM

#232936 RE: TheWatcher51 #232929

I've been on 1broker trading leveraged equities currencies and commodities @ 15 to 200× leverage for about 3 weeks now. Your transactions are done in bitcoin and require no margin. The minimum risk is .01btc or around $20usd. With maximum loss is an auto stop loss of like -75%. No time decay, liquidity is good, orders go through fast with no settlement period. The transactions are done through bitcoin so it removes central regulation taxes. My research, and I'm not an accountant, I believe would require you to pay taxes on the profits made on the increased value of the original number of bitcoins purchased and not on the increased number of bitcoins gained through bitcoin to gold to bitcoin or btc to s&p to btc trades. I mainly play USD/JPY or EUR/USD ×200 leverage for 5-10 min time frames for 15-25% profits. It's a fast game when you can trade as fast as the MMs so always set stops and sell those 25% 5 min pops. The hardest thing is turning the monitors off and going to sleep bc they trade 24 hours a day 5.5 days a week. You can't get action on all equities but you can get about 30 of the main ones. I made 57% shorting bitcoin when I first opened the account thinking $1,610 was too much. Hell it's over 2k now. I'm going to have to pay cap gains tax on what I bought at $1,610. Good luck out there. If you check it out trade when US markets are open bc the after hour bots will chop you apart. (referral link fwiw) https://1broker.com/?r=19632