SharePosts by Elkart
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Phenix,
As a US citizen there is no protection for your privacy in Europe as the Swiss banking fiasco showed. So Europe is out. Has to be the east.
You can do that through IBC and nominee directors. Trust funds. Couple of legal vehicles for it and a few jurisdictions of which ironically Hong Kong stands out as the most US friendly, mainly because they won't give a hoot if the US government puts pressure on them. They only have 2 tax treaties - with Belgium and Thailand. And HK isn't on any of the tax haven lists. No local tax if you don't do any business in Hong Kong.
Once you set up an ......
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You guys must understand you're in the same pool as Goldman Sachs. You're going up against their algorithms which is doing hundreds of millions if not billions per year.
Anyone who is not trading automated is at a very serious disadvantage.
EA's are risky, because it's a short cut and most people who write them don't understand what they're doing. Even worse those who want to use them have even less of an understanding of what they're doing. It's the visually impaired leading the blind.
By doing your own EA's you will learn how the market works, but it takes for ever. Yet it's a critical ......
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I do believe long term they're going to close retail fx for Americans, same as you can't trade CFD's.
Might just as well act now, while it's still legal to act.
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MB trading, IBFX.
Next best option is to get an IBC.
http://www.sovereigngroup.com/
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Siitari, just for that, you get a vote.
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Got to earn the votes. Say a few clever things.
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1. No
2. Yes
3. Need a programmer, remote server and a API broker.
4. Same as 1 and 2.
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I dunno Windsor,
That compounding is extremely critical in growth. I read an interview a year or two back with a trader who did make millions in a very short period of time. So much so he told all his clients to fob off.
I for one am a very, very firm believer in compounding. If I can add 1 cent to a trade I do. That's why O is such a good broker.
The compounding doesn't help if you have a bad strategy. But on a good strategy it makes the world of difference.
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Prost!!
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Back to Vodka.
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