This is my business plan.
I live in newly communist Germany ,so they have this "law" where on CFDs you can only deduct 20K from losses.
I have 4 props.
1 Broker.
I trust neither.
I have a trading edge.
PLAN: milk the props as far as they can go, then look for a new prop. (Btw. communist Germany only allows a handful of props that comply with their
"Gestapo rules").
Every time I double my broker account, take out the profits, but increase leverage on the trades as if the whole amount was still there. That is to avoid: " Swanny bird", and make sure my broker pays me.
Once all those risks are mitigated, I need to face the german Finanzamt and see if they are kind enough to leave me some hard-earned cash.
The government already decided their intention is to "destroy the trader profession".
They want everyone working for a "State Factory", they already have plans of expropriating all the Dax companies, "for the good of the people".
I live in newly communist Germany ,so they have this "law" where on CFDs you can only deduct 20K from losses.
I have 4 props.
1 Broker.
I trust neither.
I have a trading edge.
PLAN: milk the props as far as they can go, then look for a new prop. (Btw. communist Germany only allows a handful of props that comply with their
"Gestapo rules").
Every time I double my broker account, take out the profits, but increase leverage on the trades as if the whole amount was still there. That is to avoid: " Swanny bird", and make sure my broker pays me.
Once all those risks are mitigated, I need to face the german Finanzamt and see if they are kind enough to leave me some hard-earned cash.
The government already decided their intention is to "destroy the trader profession".
They want everyone working for a "State Factory", they already have plans of expropriating all the Dax companies, "for the good of the people".
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