A while back, I realized that, as Canadians, we can set up Tax-Free Savings Accounts, and use those accounts to trade stock options totally tax free.
Let me say that again.
You can, in Canada, trade stock options, and all of your gains are 100% tax free.
I also realized that ICT started out as a stock and options trader.
I put two and two together, and sent him an email wondering if I could get any advice for trading options.
He got back to me last night (maybe the night before - I'm extremely sick at the moment, so this week has been a bit of a blur) saying that he would be able to teach all we need to know about options trading in 1 session, and that he will host a session if I can drum up enough interest on the forums.
So, fellow Canadians (and I guess non-Canadians too, if you are at all interested in options trading), how many of you are interested in learning how to trade options so you can take advantage of the fact that you effectively earn an extra 30-50% on every trade you make because you aren't paying taxes?
Hopefully we get enough people interested that we can get ICT to put together a session.
Let me say that again.
You can, in Canada, trade stock options, and all of your gains are 100% tax free.
I also realized that ICT started out as a stock and options trader.
I put two and two together, and sent him an email wondering if I could get any advice for trading options.
He got back to me last night (maybe the night before - I'm extremely sick at the moment, so this week has been a bit of a blur) saying that he would be able to teach all we need to know about options trading in 1 session, and that he will host a session if I can drum up enough interest on the forums.
So, fellow Canadians (and I guess non-Canadians too, if you are at all interested in options trading), how many of you are interested in learning how to trade options so you can take advantage of the fact that you effectively earn an extra 30-50% on every trade you make because you aren't paying taxes?
Hopefully we get enough people interested that we can get ICT to put together a session.