max.wizard

Can someone explain this plan in simple terms? I’m confused.

I get that, but I'm worried about taxes. HMRC might come knocking, right? If I’m trading derivatives on foreign exchanges, will they be okay with it? Just reached out to the FCA and waiting for their reply.

If the UK bans crypto derivatives, does that mean traders can’t use foreign exchanges anymore? Can retail traders still trade futures in the UK? What happens if I make profits before hearing about the ban?

Totally. It's about learning the craft, not just jumping in for quick bucks. Many want gains without realizing losses are part of the game too.