Gents, seeking some spreadbetting advice. I have been contemplating selling my bprg holding, the money would be useful.However I am thinking of placing a £2000 a penny March Spreadbet (long) which I would simply keep rolling whilst moving up my stop loss. This way I release my capital currently tied up in 200K ordinary shares and I trade on the margin given and have capital tax free gains to look forward to. The only downsides I see are I will have to set a wide stop loss to allow for the usual ups and downs and therefore will need some cash on account until such time as I can move up the stop loss.
It seems like a no brainer? have I missed something fundemental?
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