Hi - I don't want to use my TFSA to make day/swing trading income due to risks/CRA. But is it better to trade inside my RRSP or Cash account? RRSP - my gains will be taxed like income come RRIF which I don't think is fair- CRA should only tax contributions but that's life...I can make $200-$3000 every week in capital gains. Thanks
Interest rates for loans are getting to an all time low. But when you borrow from a stock broker like Schwab, Fidelity, TDA etc. you could pay upto 10% interest. Why aren't stock brokers more dynamic with their margin borrowing rates to become more inline with market place interest rates? Why isn't the margin borrowing space more competitive?
To followup on previous post: https://www.reddit.com/Bitcoin/comments/g09cuk/good_exchange_to_short_btc_for_us_citizens/?utm_source=share&utm_medium=web2x I looked at Phemex, Bybit, or Deribit but I don't know anything about trading derivatives. And I don't want to trade bitcoin. My goal is buy more tezos with borrowed money. Kraken is too expensive. Binance forbids US residents and they do KYC even if they say they don't for small amount. Kucoin does not look reliable but at least 6 times cheaper in margin interest compared to Kraken. Kraken charges margin interest every 4 hours. Kucoin charges the same amount in 1 day. I don't want to use coinbase because they report to IRS and is a tax nightmare for me. Questions:
what exchanges out there let you trade altcoins with margin for someone living in US besides kraken, coinbase?
what do you feel about trading futures, derivatives? I know nothing about them.
Defi vs. Margin Trading: How to Borrow against your Ethereum
I have tried out Maker and it works well to borrow USD (DAI) against my Ethereum in order to buy more Etherum. Is there any exchanges that provide the ability to borrow USD against your Eth? On Binance margin trading requires you to deposit ETH and borrow ETH and repay ETH so there is no upside on ETH investing.
Newbie here, been "day trading" (sort of) on Robinhood for the past few weeks. Ran into the issue of being marked as PDT and blocked from selling certain stocks I had recently purchased. Considering: -I am starting with a small account balance of $1.5-2k -I am trying to save as much in fees as possible to keep my daily percentage gains high (reason why I decided on IB as my new broker) -I would like to have account deposits/withdrawals go thru as quickly as possible (preferably the same day I deposit) -(Not as important as the above requirements) Would like to have the option of trading options (pun intended) It would be better to go with a cash account right? Or are there benefits to day trading with a small balance margin account that I'm not seeing? Thanks in advance for the advice!
Hello folks, I discovered Nexo and while I think there’s a great need for long term investors / hodlers to access liquidity via fiat loans, for pure trading purposes is there any reason to take out a USDT loan vs margin trading on exchanges such as Bitmex? For lower interest rate maybe?
Most secured exchanges for DASH and IOTA margin trading vs USD or EUR
I use to trade on Bitfinex, but lately I read bad stories where they ask you to prove the origin of the coins which sounds like a pain in the ass which I don't want to go through ever so I'm looking for another exchange to trade on margin.
I'm keen to scalp some promising altcoins, but I cannot find a solution with enough liquidity and security, with no KYC. I made a 10% return in the last 2 weeks based on support/resistance strategy and I wish I could leverage the same strategy. I also want to profit when alts go down (which I anticipate this year). I'm from UK, by the way.
Trading on margin. Buying securities on margin allows you to acquire more shares than you could on a cash-only basis. If the stock price goes up, your earnings are potentially amplified because you hold more shares. Conversely, if the stock moves against you, you could potentially lose more than your initial investment. Spot trading is your normal buying/selling. You spend one currency to get another. Margin trading is not your normal buying/selling. Essentially, a margin trade in one product is a bet on the price of that product, using borrowed money to attempt to amplify your profits. For more information on Margin Trading, see: Leverage and Margin. Summary. A "Spot Exchange" is exchanging one currency you own for another. A "Margin Trade" involves leveraging the collateral in your account in order to open a position to short or long a currency against another currency in hopes of profiting from short-term price swings. Examples Why are you trading ? : The only objective is to make money. Whether you trade in the cash segment on day trade basis ( Margin ) or trade Futures ( Margin ) the risks and rewards are similar. Futures contracts give you some flexibility regarding e... Trading on margin comes with many exciting possibilities, but there are plenty of risks you need to be aware of. Make sure you know what you’re doing! Here’s a quick recap of the pros and cons of trading with a margin account: The Pros: You get more purchasing power to boost your returns.
Margin Strategies: Three Ways to Use Margin & Leverage ...
In this video, Joshua Martinez goes over the difference between Initial and Intraday margin, for trading futures. Different trading brokers have different requirements for trading the market ... Have you always wondered what it means to trade on margin? In this video, you’ll learn what margin trading is and if it is a strategy that could help you ach... Margin Account vs. Cash Account - Options Trading For Beginners - How To Trade Options - Duration: 6:00. Option Alpha 77,289 views Click here to Subscribe - https://www.youtube.com/OptionAlpha?sub_confirmation=1 Are you familiar with stock trading and the stock market but want to learn h... Do you have a margin account or a cash account? Tim Bohen is covering the pros and cons of each kind to help you decide which is best for you. 🔴 Subscribe fo...