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getintheir
26 Nov 09 22:27
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Date Joined: 29 Sep 01
| Topic/replies: 1,384 | Blogger: getintheir's blog
I have been having issues with viewing the forum from my account. I will view replies using my wifes account but will not be able to respond to this thread as wifes account isnt fully functional.

As a result of the forum issues BF have kindly offered to close my account and re-open another one transferring balance and BF points.

Now my question to you all is as I have been a customer for some while im not sure if this helps when calculating potential future PC.

my overal figs are below, does it benefit me to have a new account or keep my existing one and put up with forum issues? **Note that you might want to develop unresolvable forum issues if you want to start afresh :-)

I realise from the figs below that it looks like I wont ever need to worry about PC as it has taken this amount of time to get £240 net P&L! however I have recovered losses lately and am charging along in positive figs quite quickly mainly through trading activity now so hopefully PC will be an issue at some point.

My gut feel is to not close and re-open accounts. Experts on the new PC please let me know what you think...

current lifetime figs (no laughing please):

Local volume : 110,803
Comm local: 1,301
Gross P&L: 1,541
Net P&L : 240

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Replies: 9
By:
Baz
When: 26 Nov 09 22:30
Would those figs not be transferred to the new account?
By:
Baz
When: 26 Nov 09 22:30
If not, I'm sure a few forum issues will soon arise.
By:
Ghetto Joe
When: 26 Nov 09 22:33
I'd imagine they'd just link the accounts so those figures would be carried over to any PC calculations - All they'd be doing with the new account is transferring over the comm rate and points so you don't lose out. They won't actually delete your current account as they need that audit trail and history.

I have a couple of accounts that are linked for PC calcs but they don't aggregate my comms points just the pnl :(
By:
aye robot
When: 26 Nov 09 22:36
Ghetto Jo- have you ever wondered what would happen if you were to arb from one of your accounts to the other? You might get comisison on one side and implied comission on the other...... that would be nice wouldn't it.....
By:
Ghetto Joe
When: 26 Nov 09 22:42
It'd just mean paying a hell of a lot more in actual commission much better to do those arbs trading as comm points count for fa with PC in place
By:
Special Cargo
When: 26 Nov 09 22:43
I'd go with the robot.

Having 2 linked accounts is a nice position to be in.
By:
aye robot
When: 26 Nov 09 22:52
It's not something I do- (I don't really avoid PC I just try to maximise winnings) but I think it could be made to work if you're that way inclined, it's certainly not worse than trying to arb BF internally across related markets and it would be a lot less bother if you're a decent trader. You'd generate buckets of comission implied comission and a lot of points with pretty small trades.
By:
luloo
When: 27 Nov 09 00:51
robot you do not try to avoid pc then u can bet with me at only 15 percent when you reach the theshold
By:
FGJJF
When: 01 Dec 09 17:29
Good game this pc charge,i may be wrong but i regard it as aform of tax is it possible it is unlawful.
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