Hi for context I wish to open a margin account at 18 for the sole purpose of which I borrow against my assets in order to recieve fiat allowing my position to be liquidated to pay for margin.
For example if I hypothetically bought company abc and it grew to 30% in 1 quarter and wanted to exit my position without triggering CGT since I believe there is no more upward momentum due to xyz DD is it possible to withdraw the money from margin at 50-70% of position with a 1dte contract to avoid short term CGT and taxable income?
Also likelihood of approval and / or do banks even offer these kinds of systems?
u/K0TAQ — 7 days ago