alextrades
2016-06-01 01:27
has joined #invest-trading
alextrades
2016-06-01 01:27
set the channel description: To discuss winning trading techniques
simon
2016-06-01 01:27
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alextrades
2016-06-01 14:27
Nice reading list to get people up to speed with the markets
alextrades
2016-06-01 14:30
Written About, By or For Money Managers and Traders - Best Section
jumichot
2016-06-09 07:26
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david99
2016-06-16 12:34
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alextrades
2016-06-27 21:41
Hi all
simon
2016-06-28 01:29
Hey Alex, I hope you were short the pound last week :stuck_out_tongue:
alextrades
2016-06-28 10:31
No had spy put on
alextrades
2016-06-28 10:32
How about yourself did you have a nice position on ?
alextrades
2016-06-28 10:32
SPY PUT Option I had
simon
2016-06-29 02:25
I closed all my positions a few days before the referendum. The market was just behaving erratically... I have a friend who was long the pound though hehe
alextrades
2016-07-07 01:29
ouch
brab
2016-07-24 16:52
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alextrades
2016-07-30 21:33
I think futures currency trading might be the purest its regulated can get in with big size
alextrades
2016-08-01 09:16
:slightly_smiling_face:
yura-by
2016-08-17 14:12
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alextrades
2016-09-06 21:11
Any other traders on here ?
alextrades
2016-09-06 21:11
I trade futures and options
brab
2016-09-08 20:26
Trade btc and cryptos full time
alextrades
2016-09-13 10:23
got stung on btc and robbed like millions of others
jase
2016-10-11 12:44
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rjmarsden
2016-10-16 12:18
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2016-10-28 10:06
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2016-10-29 04:39
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2016-11-02 22:51
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2016-11-03 15:17
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2016-11-03 18:53
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2016-11-06 21:00
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2016-11-08 22:53
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2016-11-10 03:14
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2016-11-13 00:23
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2016-11-15 16:13
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2016-11-17 10:51
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2016-11-19 15:24
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gary
2016-11-19 19:47
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alextrades
2016-11-20 17:10
Any traders out there ? I trade futures and Options and looking into Forex
gammahammer
2016-11-21 22:30
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gammahammer
2016-11-21 22:34
Hey Alex, yes, I trade Derivatives. Which underlyings do you trade?
tal
2016-11-23 16:07
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gary
2016-11-27 21:04
anyone invested in managed forex
torsten
2016-12-01 16:30
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soebusiness
2016-12-08 10:43
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trevorjames
2016-12-13 17:33
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max
2016-12-19 05:27
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brab
2016-12-19 10:01
Whos ready for the huge btc bull run
simon
2016-12-21 01:46
@brab prices are certainly going up real quick. What do you think is driving this rally?
brab
2016-12-21 01:53
The situations in Venezuela, India, China make it so bullish fundamentally for btc. We are at 3 year highs and there is not much resistance above, Should be able to make it to 1,000usd before Chinese new year
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2016-12-21 11:08
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simon
2016-12-21 22:25
@brab Do you think it will stay above 1000$ this time?
brab
2016-12-22 02:21
I think a lot of people will take profits around 1000-1050 so it should be an initial resistance, after that I can see it going higher, but I think it will return back to the 500-600 range at least sometime next year
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2016-12-27 09:29
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2017-01-02 12:29
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2017-01-09 10:23
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2017-01-09 11:41
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2017-01-17 05:55
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alextrades
2017-01-20 21:45
@gammahammer I trade the ES - Spy plus some options on the tech stocks like AMZN
alextrades
2017-01-20 21:47
I think forex has potential but dont know enough about it to avoid the scammy forex brokers etc - think @simon like OCBC - which I need to check out - I use Interactive Brokers mostly as my main broker at the moment
jd
2017-01-21 01:04
Hey everyone, I trade FX and run an incubator fund. If anyone has questions on Brokers/Liquidity, or Macro stuff, I will happily help out.
alextrades
2017-01-21 10:56
Hey @jd where you based
jd
2017-01-21 11:28
@alextrades Melbourne, Australia
alextrades
2017-01-21 12:06
Great how have you got your incubator fund structured ?
alextrades
2017-01-21 12:07
I've been looking at the different options
arkdeeplove
2017-01-21 17:55
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hhenrikson
2017-01-23 09:29
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el_roberto
2017-01-23 13:11
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foreverlearning
2017-01-23 18:33
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tatelev
2017-01-25 15:27
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alextrades
2017-01-25 22:23
What does everyone trade here ?
save
2017-01-27 08:35
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2017-01-28 07:05
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2017-01-28 15:58
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2017-01-30 00:43
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2017-02-03 14:05
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2017-02-08 02:38
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2017-02-10 13:07
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2017-02-17 09:52
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jase
2017-03-01 16:04
Anyone have opinions on where AUD and NZD are heading long term?
ivopalazzi
2017-03-01 17:53
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princevaliant
2017-03-05 16:17
having to invest 50,000 euros for one year (I'm in europe) and having the possibility to choose to keep them in euro, or to exchange them in UK � or USD $ what would you do? I am not so sure that euro will survive very long as we know it now, so I would be tempted to change them in UK� as they already suffered a -10% loss after brexit and I don't think will still go lower, while US $ is very strong now and could also lower a bit but if euro goes south both currencies will surely increase against it... any opinion is welcome
danz
2017-03-05 16:32
I believe the USD will be even stronger, if we are talking short term. The euro will go only slowly go lower this year I believe, to many problems.
princevaliant
2017-03-05 16:42
I mean in about a year as my investment would end in april 2018
scorps
2017-03-06 17:01
@princevaliant No one knows and I won't pretend i do but if i were to bet, USD may still have a year of strength remaining. Do you have to exchange all of it? You can just split 50/50 USD and UK if you really don't want to hold Euros. However, I'd stay away from making the trade if you don't have any backed up conviction.
harvie
2017-03-07 04:51
@princevaliant gold and silver are good options if you want to invest that money long-term. I try to hold as little currency as I need and buy gold/silver as I won't need that cashflow for day-to-day living.
yu138086
2017-03-07 15:21
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princevaliant
2017-03-08 09:03
I already have a good quantity of gold, this is a one year investment with a rather good return and can be done in Euro, usd or gbp. One year ago I would have done it in euros without thinking about it but now I am not so optimistic about it so I was thinking if it was better to change currency (but in this way there also the exchange risk that could eat up the return of the investment if these other currencies should go lower instead than higher...)
mrblonde
2017-03-08 17:25
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globalconsulteurope
2017-03-09 12:50
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jerobo
2017-03-12 17:19
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highflier
2017-03-12 20:00
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harvie
2017-03-13 03:29
@danz what gold stock do you buy? I'm looking into getting some Rangold Resc soon.
johannago
2017-03-14 16:28
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2017-03-15 11:28
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pedrodemendez
2017-03-16 13:38
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2017-03-17 15:35
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harvie
2017-03-19 06:16
Where are people buying Bitcoin? I can't seem to get verified on Bitcoin.
roman
2017-03-20 10:05
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2017-03-20 23:41
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2017-03-22 11:36
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philippe
2017-03-23 14:40
If LePen wins France elections Euro will plunge I guess
david99
2017-03-23 19:50
@philippe do you think she win it?
philippe
2017-03-24 01:04
Definitely possible she's been leading the polls for a long time even though media don't like her
david99
2017-03-24 12:19
Thanks for sharing your opinion. I was doubtful of the news reports in English which seem to favor Macron.
philippe
2017-03-24 14:27
Macron has good chances too but in most polls she still leads. But she doesnt have a decent parlimentary base.
philippe
2017-03-24 14:27
-
My new bank account is multi currency and has no forex fees. So I wonder : Do you do some forex on your saving account to avoid currency exposure/improve returns?
What?s your process?
Setting up some alerts?
jase
2017-03-24 14:39
"Ms Le Pen said she favoured a return to the ?Ecu? ? a pre-eurozone currency regime where member states would return to their national currencies but retain the euro as a common accounting currency."
jase
2017-03-24 14:39
Interesting idea
philippe
2017-03-24 15:01
I suggest that euro stays the same and money get liberalized so ?anyone' could create a currency.
philippe
2017-03-24 15:01
but I?m libertarian and she?s nationalist :stuck_out_tongue:
philippe
2017-03-25 03:26
My rationale is that if you don?t stay in a single currency area (as a nomad), keeping all your cash in the same currency forever is already a trade? So how to optimize without overoptimizing ?
jase
2017-03-25 12:47
@philippe you could choose to buy currencies that are weighted against other currencies. Take SGD as an example.
philippe
2017-03-26 03:10
What for ? :slightly_smiling_face:
jase
2017-03-26 09:04
@philippe well if you are wanting a simple plan, it may help you to hedge your bets so to speak. You're only holding one currency, rather than switching currencies all of the time losing $$ in the exchange, but that currency is directly linked to the value of other currencies.
jase
2017-03-26 09:04
I don't think you'll ever "win big" holding SGD, but I don't think you'll ever lose big either
jase
2017-03-26 09:05
But I'm sure there are much more sophisticated plans out there from much smarter people
philippe
2017-03-26 09:55
If I own only one currency I?m still losing money compared to another one. For example if I own USD or SGD while Euro appreciates and I have to spend money in the eurozone, I loose purchasing power.
aka
2017-03-30 16:31
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2017-04-05 16:07
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2017-04-27 11:11
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harvie
2017-05-05 09:15
how's everyone doing with Crypto? some big movements the past 7-10 days, any plan/strategies?
danz
2017-05-05 12:01
Been getting huge profits last 2 months
danz
2017-05-05 12:03
Got a divers portfolio of around 10 crypto?s, mostly based on real world value the crypto could bring and partnerships with huge companies. What about you?
pragmatic
2017-05-05 12:05
I've been wondering about getting into crypto for a couple of years :stuck_out_tongue: Is it too late yet :stuck_out_tongue: ? It always feels like it's too late...
danz
2017-05-05 12:06
Hard to say, last two weeks been crazy. From a marketcap of around 30 billion to almost 50.
danz
2017-05-05 12:10
I wouldn?t say it to late, just be more cautious.
harvie
2017-05-06 03:42
My friends have cut and taken their profits, but I feel long term (2-10 years) it will be worth a lot more than it is now, so I'm just holding and keeping up to date with recent news. Just averaging in all the time on coins I think will have real use in the next few years
johncitizen
2017-05-09 00:05
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2017-05-09 04:31
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bmapilot
2017-05-12 08:20
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2017-05-12 09:53
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johncitizen
2017-05-15 00:30
My plan is to move all bitcoin to cash and short on bitcoin core and unlimited.
johncitizen
2017-05-15 00:30
I think the FOMO will cause a dip soon.
johncitizen
2017-05-15 00:30
unlimited will fail
johncitizen
2017-05-15 00:30
core will shine.
johncitizen
2017-05-15 00:30
but core will dip first
johncitizen
2017-05-15 00:56
*just my opinion, not advice :wink:
aka
2017-05-15 18:39
@pragmatic ive been investing in crypto for a year... it still yet to really start i believe
aka
2017-05-15 18:39
lots of potential
aka
2017-05-15 18:39
but watch the main 3, eth, ltc and bitcoin, screw unlimited
skat
2017-05-15 19:51
@johncitizen long time ago i bailed out of bitcoins :wink: ltc, eth and soon will be buying into ada
johncitizen
2017-05-16 00:03
ada?
skat
2017-05-17 14:35
@johncitizen yeah, I?ve meet a company that does this new currency called Ada. They launched it 3 weeks ago in Japan. They have a cool strategy of becoming a game currency, they are already profitable, founder was working with etheriums before and they are hiring some of world best talent. I?m waiting until i can buy them on kraken or other exchanges
skat
2017-05-17 14:39
@johncitizen they are basically following footsteps of etherium in development, but doing things smarter. for programmable interface for currency they are building a derivation of haskell language, paradigm of language perfectly fits this use case, it?s functional (doesn?t store any state) and is well known as very safe language (can test code by itself). So there is a lower chance of any DAO hacks.
otkeedca
2017-05-18 05:22
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pragmatic
2017-05-18 15:02
@skat Hmm Ada? Sounds similar to what I'm looking into, Tezos, which will ICO soon. But it'l build on OCaml
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2017-05-22 11:46
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2017-05-23 21:14
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2017-05-25 08:39
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2017-05-25 12:27
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2017-05-26 15:16
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2017-05-28 14:28
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2017-05-30 10:56
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2017-05-31 15:36
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2017-06-01 07:53
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2017-06-06 04:57
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nemo
2017-06-10 04:06
Hi guys, which brokers are you using for leveraged forex trading? I recently opened a demo account with http://xm.com just to test the platform and get used with metatrader, but I don't know if the company is trustworthy enough to put in real money. Head office in Cyprus and established in 2009? However, risk is limited to invested capital, which I like.
gregor
2017-06-10 15:08
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nemo
2017-06-10 16:32
Thanks Brian. I can see they've been in business for a long time and have regulations in place. I'll check them out more closely
danielabagnale
2017-06-12 03:10
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aka
2017-06-12 15:23
IG no?
rtiagm
2017-06-13 02:20
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stoneagezen
2017-06-15 21:06
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2017-06-17 08:35
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evl4r
2017-06-17 12:07
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evl4r
2017-06-17 12:14
Hey guys. I'm new here. Do you all mostly trade crypto or does anyone trade Forex/commodities/indices too?
johncitizen
2017-06-17 12:18
Do physical commodities count?
evl4r
2017-06-17 12:22
Sure why not :) I just want to chat to people who trade and travel a lot!
evl4r
2017-06-17 12:23
What do you mean by physical commoditjes
johncitizen
2017-06-18 05:25
Bars of silver, sacks of coffee
johncitizen
2017-06-18 09:22
Sell it boutique
johncitizen
2017-06-18 09:23
I could never be big enough to sell on commodities markets :)
maxsuur
2017-06-18 10:16
where do you source it?
maxsuur
2017-06-18 10:16
from
johncitizen
2017-06-18 10:34
We own parts of farms in Panama and Belize
johncitizen
2017-06-18 10:35
It's probably the worst decision I made because I'm not there to directly manage it.
evl4r
2017-06-18 11:03
Im confused - do you sell sacks of coffee to small companies or individuals with serious caffiene needs?
johncitizen
2017-06-18 11:17
Small companies, they then package it into kilos and sell it.
johncitizen
2017-06-18 11:17
Or sell it in cupped form
evl4r
2017-06-18 11:24
Ah I sre
jase
2017-06-20 10:10
@johncitizen interesting that you think it's a bad decision - financially has it been beneficial?
stolzlos
2017-06-20 18:13
anybody here trading marijuana stocks?
chaostar
2017-06-20 18:43
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maxsuur
2017-06-20 21:26
Marijuana stocks, sounds like a joke.
maxsuur
2017-06-20 21:26
Anyone here trading marijuana?
maxsuur
2017-06-20 21:26
Kidding of course... :)
stoplight
2017-06-20 22:30
@maxsuur didn?t know it could be traded?I smoke it before it gets traded?kidding of course! :smile:
johncitizen
2017-06-20 23:47
Cost of land, development and upkeep, paying labourers and managers, transportation, etc far exceed the returns I would make on more mundane investments.
stolzlos
2017-06-21 04:09
thought I mention it because their volatility is similar (bit less) to cryptos. In an upswing (few months) some stocks go up 10 times and more.
stolzlos
2017-06-21 04:11
heard that Canada will legalize on federal level in 2018. Most of the companies are in fact in Canada.
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2017-06-21 04:59
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skat
2017-06-21 10:35
@stolzlos where do you trade those? I would like to get a look at it and consider such investments;-)
evl4r
2017-06-21 11:10
There's a marijuana index as well
bmapilot
2017-06-21 11:21
If you have not seen this it might be worth a look:
Marijuana Business Daily
https://mjbizdaily.com/
pascal
2017-06-21 11:26
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roman
2017-06-21 11:29
There's a marijuana related crypto ICO too that's doing pretty well.
danz
2017-06-21 11:37
potcoin?
roman
2017-06-21 11:38
Yeah
v
2017-06-21 11:38
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mikeseo
2017-06-21 12:11
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skat
2017-06-21 15:11
netflix has a documentry about Thailand being more open to weed. Basically Drug Policy maker tells there that after a year weed will be decriminalise
skat
2017-06-21 15:13
@skat uploaded a file: https://freedomsurfer.slack.com/files/skat/F5Y47JX7H/screen_shot_2017-06-21_at_22.09.42.png
danz
2017-06-21 15:18
Didn't expect that of Thailand, I know their fighting the drug industry hard. Especially in the north of Thailand where there is a lot of smuggling from neighbouring countries. Whole Thailand is hooked on the drug called 'Jaba', it's crazy.
harvie
2017-06-21 15:33
Saw that on my "things to watch" is it any good?
stolzlos
2017-06-21 15:43
@skat they are listed in Canada on the TSX and TSXV. In the US they are traded on OTC exchanges.
stolzlos
2017-06-21 15:44
you will find most of the stocks there
millnmd
2017-06-23 04:34
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stolzlos
2017-06-24 15:42
For all the ETH bulls out there. You don't want that line broken.
stolzlos
2017-06-25 19:59
ETH turning south fast. That bull died hard.
stolzlos
2017-06-25 20:03
next support at 225. If that does not hold, freefall.
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2017-06-26 00:15
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pragmatic
2017-06-26 08:53
@stolzlos Thanks :stuck_out_tongue: only noticed it was dropping from your post. Out at $275. Now waiting to see what'll happen.
maxsuur
2017-06-26 11:19
Maybe time to buy later? :)
stolzlos
2017-06-26 16:17
did not think we would be that fast. High chance that we bounce here back to 270$.
stolzlos
2017-06-26 16:18
if we crack that line for good then a lot of VCs are going to be taken to the cleaners. Boy that is going to be one epic bloodbath.
stolzlos
2017-06-26 16:21
@maxsuur there is still a chance that this bull continues but at this point it is rather slim. If we have a solid break you will see prices below 100$. There are going to be stunning opportunities all over the space. Lets wait and see.
soebusiness
2017-06-26 18:23
228.2 Kraken
maxsuur
2017-06-26 18:24
if that's the case, I'll go all in @stolzlos
stolzlos
2017-06-26 18:36
@maxsuur with you on that one
stolzlos
2017-06-26 18:41
man, that ETH is not bouncing even though we are sitting on crucial support. everybody heading for the exits, fast!
maxsuur
2017-06-26 18:53
:slightly_smiling_face:
tatelev
2017-06-28 06:51
is Coinbase a recommended exchange? Seems to work in a different way than other exchanges I have used
danz
2017-06-28 06:54
It?s one of the biggest one, but it also receives the most complaints so I personally wouldn?t use them.
tatelev
2017-06-28 06:54
what kind of complains?
danz
2017-06-28 06:55
They have been down several times, verifiying takes very long times, money coming through takes long, and many more complaints from what I read on several cryptocurrencies I am in
tatelev
2017-06-28 06:56
which ones do you recommend?
tatelev
2017-06-28 06:56
with quick verification
harvie
2017-06-28 06:56
coinbase is good when it works. I use it to buy bitcoins and then I'll move to a hardware wallet. Coinbase is apprently in cahoots with all the govements though
harvie
2017-06-28 06:57
I only use the site to buy and instantly move, I would not store my coins there, it's down too often.
tatelev
2017-06-28 06:57
ah yes, that's the impression that I got, that they are very "compliant"
danz
2017-06-28 06:58
I use Bittrex personally
danz
2017-06-28 06:58
But you can?t buy BTC there
tatelev
2017-06-28 07:05
btw I keep on receiving emails almost daily of new logins at my old Poloniex account that I haven't used for ages
tatelev
2017-06-28 07:05
I keep on reporting to them that it was not me and freezing/resetting passwords
tatelev
2017-06-28 07:06
I think they have a big security problem
maxsuur
2017-06-28 07:23
Kraken is truly popular in Europe. You may want to check it out
tatelev
2017-06-28 15:20
does it really make much difference which exchange I use? I was thinking on buying myself some Ethereum and Litecoin now that it seemed to be going down(it's going up again LOL)
tatelev
2017-06-28 15:22
(that typical "missing the train" feeling:slightly_smiling_face:)
stolzlos
2017-06-28 15:44
@tatelev not really except you want to buy big. Just avoid the really small or unknown exchanges. Both coins you want to buy are very popular and are available at the big ones.
stolzlos
2017-06-28 15:46
and yes, Kraken is a good place to start. Many coins, liquid.
roman
2017-06-29 12:02
@tatelev DO NOT recommmend Coinbase at all. I opened an account, verified with 2 IDs. It got locked a few minutes after for no apparent reason. The support hasn?t answered me in 3 weeks already. Simply no reply.
roman
2017-06-29 12:03
But they do have the best and easy to use interface. But also, they stopped supporting Canadian banks not long ago. So it?s not so good if you are in Canada.
roman
2017-06-29 12:03
I use Uphold now, which works with USD banks.
roman
2017-06-29 12:03
via ACH
roman
2017-06-29 12:04
The rates on Canadian exchanges are terrible though. Don?t expect much :slightly_smiling_face:
roman
2017-06-29 12:05
For me, picking an exchange was mostly based on what kind of fiat currency can be loaded and what methods they used for that. E.g. I didn?t want to load via credit card, as they charge 3+% for that, and few supported ACH. I think that is the main factor.
soebusiness
2017-06-29 12:37
Hey guys! I've bough some coins on https://anycoindirect.eu/. Had no previous experience with them, but they seem to have quite fast support. Firs SEPA transfer proceeded the same day. There is also an option to register as a business owner, therefore you need VAT and other company details. My fault I did not ensure first, that they are not able to provide a receipt (invoice) for bookkeeping purposes. Any idea, how to file this transaction (from business bank acc.) without an invoice?
roman
2017-06-29 13:15
@soebusiness In Canada it just goes to a ?shareholder account? as a negative balance. You can cover that by doing a transfer from personal bank account to your biz bank account and attribute it to the ?shareholder account?. But if you ever write off any personal expenses on business, usually that shareholder account has some balance that is owed to you anyways.
roman
2017-06-29 13:15
Also, in Canada, it?s legal to have expenses without invoices, but you still need proof of your expenses in some way in case of audit.
roman
2017-06-29 13:16
E.g. maybe it was some kind of email exchange with one of the contractors that you promised them to pay $100 or something like that.
roman
2017-06-29 13:16
I?ve dealt with some countries that don?t know what an invoice is, and for small amounts I didn?t bother educating them on that. So I just filed it with a note explaining what it was for and some references.
roman
2017-06-29 13:17
I wouldn?t do that for large amounts though.
danz
2017-06-29 13:29
@soebusiness, their expensive, their much better places to buy coins.
soebusiness
2017-06-29 14:47
@roman Thanks for sharing experience, will clear if the situation in Estonia remains to be the same.
soebusiness
2017-06-29 14:47
@danz any advises?)
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2017-06-29 14:51
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danz
2017-06-30 02:07
It depends on your country sometimes what the easiest/best option is. Internationally you might want to check out Kraken.
harvie
2017-06-30 03:32
http://bx.in.th is a good place to sell if you have a Thai bank account, 6 weeks ago it had $350 spread on BTC
stolzlos
2017-06-30 10:52
the next direction should be decided within the next week.
stolzlos
2017-06-30 19:26
just received an answer from Kraken for a question I asked regarding verification. It took them 6 weeks to answer! Stated that they are overwhelmed with new customers.
stolzlos
2017-07-01 10:02
I was not aware of this and I assume that most people are not but lots of the altcoins never saw a bearmarket to this date.
stolzlos
2017-07-01 10:03
Monero for example had a huge run last year and corrected severely and then broke higher again from November. Yet its main trend was never broken. Even with a 73% correction!
stolzlos
2017-07-01 10:05
with all the new coins flooding the markets and problems abound in the biggest coins (BTC, ETH, etc) there is a good chance that we see that trend break for the first time. What happens then is anybodies guess.
roman
2017-07-01 10:22
Aren't most ICOs funded by ETH?
danz
2017-07-01 10:47
Yes, they are
stolzlos
2017-07-01 10:55
and that pushed up ETH a lot further. I wonder if there could be a reverse effect as well if such coins dramatically start falling or even failing.
stolzlos
2017-07-01 10:59
I think economically speaking nobody has a clue how that will play out and if people start losing money big there could be an outright panic. It will serve as a reference for future coin based coins.
stolzlos
2017-07-01 18:48
ETH back on support. I would say a close around 225$ would drive probability of an imminent bear market to near certainty. If there is a bounce this time it is going to be weak.
stolzlos
2017-07-04 03:28
Bitcoin breaking out
maxsuur
2017-07-04 06:23
"Nobody knows if the stock's going to go up, down, sideways, or in fucking circles, least of all stockbrokers. It's all a Fugazzi. You know what a Fugazzi is?" @stolzlos quote from one of my fav movies
stolzlos
2017-07-04 07:16
gotta love that one
stolzlos
2017-07-04 07:20
would not have thought that crypts would push once more. even eth starts to settle. if i could only bring myself to buy here ...
mattbellme
2017-07-04 13:34
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mattbellme
2017-07-04 13:46
Hey guys, new here, you guys trading crypto? I think i've found home...
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2017-07-04 13:56
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stolzlos
2017-07-04 14:18
damn didn't know that
stolzlos
2017-07-04 14:18
thanks @brian
mattbellme
2017-07-04 14:24
sweet thanks @brian
marc
2017-07-04 19:02
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soebusiness
2017-07-05 11:19
hey guys! any suggestions about where can I invest in crypto, using my business entity in EU? We got VAT, so do need a receipt (better from EU company too)
pragmatic
2017-07-05 11:24
Don't some EU countries treat crypto as a currency, hence VAT would not be necessary?
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2017-07-05 12:10
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soebusiness
2017-07-05 17:02
@pragmatic I'm not sure, to tell you the truth, I'm quite new to crypto. Lets say I need a marketplace which will provide my OU (Estonia) with receipt. Because I think Estonia is not so crypto friendly to define it as a currency
pragmatic
2017-07-05 17:37
I think Kraken is popular for EU. But, I'm not familar with how their receipts etc will look.
soebusiness
2017-07-05 17:57
@pragmatic thanks, mate) still on the verification stage there (almost 2 weeks left)
jemmasta
2017-07-06 07:43
@soebusiness VAT does not occur with investments, it is passthrough tax when selling to consumers
jemmasta
2017-07-06 07:44
aka in the end consumers pay for VAT, not businesses
aka
2017-07-06 08:25
:slightly_smiling_face:
soebusiness
2017-07-06 09:13
@jemmasta thanks for clarification
jemmasta
2017-07-06 09:32
No prob. VAT is a bit tricky especially when doing multinational business within EU
stolzlos
2017-07-07 07:50
come on ETH. break!
tatelev
2017-07-07 07:52
@stolzlos break up or down you mean?
tatelev
2017-07-07 07:53
I was just about to buy some ETH lol
stolzlos
2017-07-07 08:41
well. i am for the time being a bear. doesn't mean i will be right.
stolzlos
2017-07-07 08:42
but if we close below 230$ ...
tatelev
2017-07-07 14:19
then what
stolzlos
2017-07-07 15:51
then, and this is my personal opinion which is totally biased, we will hit an airpocket and ETH will be crucified along with a lot of other coins
tatelev
2017-07-07 21:26
I am waiting to buy some ETH if it goes down as you and others are predicting
tatelev
2017-07-07 21:27
read that could go down to 110
tatelev
2017-07-07 21:27
if it does indeed crash
tatelev
2017-07-07 21:28
I have no clue nor want to devote time to this, just want to buy a small stack of ETH for keeping for long term at good price, then I'll be a happy camper :slightly_smiling_face:
stolzlos
2017-07-07 21:47
sounds like a good plan
stolzlos
2017-07-07 21:53
looks like the breakout failed. Retest of support. On a close around 2400+ a lot of people could start to get scared.
harvie
2017-07-08 03:20
https://freedomsurfer.slack.com/messages/C5HCCUVUZ/ < Bitcoin channel here for the group.
etperth
2017-07-13 08:16
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2017-07-13 10:09
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stolzlos
2017-07-14 15:12
marijuana stocks turning up. Several breakouts.
stolzlos
2017-07-15 20:52
pharmaceuticals/biotechs look like they are about to explode higher.
stolzlos
2017-07-15 20:52
that would confirm what I see with marijuanas for they are closely linked.
stolzlos
2017-07-17 20:35
marijuanas are blasting higher. Seems like that the 3rd wave has now begun.
archivebot
2017-07-20 07:23
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evl4r
2017-07-20 16:18
What broker do you use to trade marijuana stocks mate?
stolzlos
2017-07-20 16:41
optionshouse
stolzlos
2017-07-20 16:41
ameritrade
stolzlos
2017-07-20 16:41
well, optionshouse will be merged with Etrade in a week or so
stolzlos
2017-07-20 16:44
I also created an account with just2trade recently
stolzlos
2017-07-20 16:44
but did not try it yet. It is the cheapest though.
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2017-07-24 08:46
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stolzlos
2017-08-22 20:32
for the people interested in PMs.
sylvain156
2017-08-24 08:56
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anairda
2017-08-25 17:47
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stolzlos
2017-08-28 19:12
Gold breaking out. PMs ripping across the board.
ma-x-us
2017-08-30 08:59
Good afternoon, can anyone suggest channel with good cryptocurrencies signals
danz
2017-08-30 09:03
There ton?s of FB groups if that?s what you are looking for. We also have a small #bitcoin group here, but not really anything for signals.
salliecookies
2017-09-01 15:13
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stolzlos
2017-09-03 09:34
for what its worth, many PM stocks are setup for the 2nd leg up with near or perfect charts.
stolzlos
2017-09-03 09:36
also Lithium, Cobalt, etc.
stolzlos
2017-09-03 09:36
that means that the recent PM breakout is for real.
stolzlos
2017-09-03 10:40
could not be clearer
harvie
2017-09-03 17:43
gold about to go on a run?
stolzlos
2017-09-03 18:42
looks like it. that was one long bear market ....
harvie
2017-09-04 09:56
I'm actually in the process of getting my shares to gold ratio from a 2:1 to a 1:1 over the last few months
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2017-09-05 02:45
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johncitizen
2017-09-05 08:25
Offff... the crypto world took a hit
stolzlos
2017-09-05 11:41
Did it? I believe it when i see eth at 125
stolzlos
2017-09-05 11:42
Cryptos are too damn resilient
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2017-09-05 12:11
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2017-09-05 13:21
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stolzlos
2017-09-06 17:48
these pesky cryptos
roman
2017-09-06 18:42
Such cryptic ?
stolzlos
2017-09-07 16:28
stolzlos
2017-09-07 16:30
no wonder gold is ripping
stolzlos
2017-09-08 08:26
have a lot of respect for that guy but in the end trading is all about timing, nothing else
ken
2017-09-12 23:01
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harvie
2017-09-14 08:53
looks like Silver just broke it's bear trend @stolzlos?
johncitizen
2017-09-14 09:37
Yeessss!!!!
johncitizen
2017-09-14 09:38
I?ve been Long silver for many years. Waiting for the recovery :)
stolzlos
2017-09-14 11:13
@harvie yes, i see it the same way
stolzlos
2017-09-14 11:13
Continuing to accumulate resource stocks
harvie
2017-09-14 11:20
I'm getting a mixture of psychical silver (held in storage) and mining funds.
stolzlos
2017-09-14 11:39
Nice. What funds? Gdx?
harvie
2017-09-14 12:02
That is one this is another, more volitate tho: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/i/investec-global-gold-accumulation-inclusive
stolzlos
2017-09-14 12:53
Thanks. Will look into it
stolzlos
2017-09-14 13:44
Oil broke out. Another confirmation.
stolzlos
2017-09-14 16:33
seems like its over
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2017-09-18 10:36
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stolzlos
2017-09-20 19:18
dollar ripping, PMs under pressure. Seems like Gold/Silver have to endure one more dip.
maxsuur
2017-09-22 08:04
nah
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2017-09-25 00:42
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2017-09-25 09:12
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2017-09-26 16:43
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2017-09-28 08:17
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2017-10-06 17:27
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stolzlos
2017-10-06 19:43
looks like the PM dip is over.
stolzlos
2017-10-06 19:49
perfect retest of multiyear downtrend
stolzlos
2017-10-07 12:42
Second largest Cannabis company just broke out this week
roman
2017-10-07 13:06
You can say they are getting high.
roman
2017-10-07 13:06
I?ll see myself out
mikeseo
2017-10-07 13:21
:upside_down_face:
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2017-10-08 11:11
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fish
2017-10-09 19:19
Which platforms and tools are you using for trading? and seeing Coinigy on my fav how-to channel on YouTube
fish
2017-10-09 19:20
Concurrency ^
aka
2017-10-12 15:10
like robin hood, but finally uk
aka
2017-10-12 15:46
what do you mean?
aka
2017-10-12 15:47
why do consumer level stuff exists? why do free trading exists?
maxsuur
2017-10-12 19:07
Great question @brian
maxsuur
2017-10-12 19:08
Put it simply: what does the freetrade app get out of this?
maxsuur
2017-10-12 19:32
Enlighten us
maxsuur
2017-10-12 20:42
Brilliant @brian I would have never guessed
pragmatic
2017-10-13 09:44
pragmatic
2017-10-13 09:45
Originally, Robinhood planned to make money off of order flows ? a common tactic used by discount brokerages in the 1990s to generate revenue. According to the company's FAQ, Robinhood backpedaled on the idea because it executes orders through a clearing partner and, as a result, receives little to no payment for order flow. The company is willing to return to its original plan in the future if it receives order flows directly or begins to generate a lot of revenue from them.
pragmatic
2017-10-13 09:46
They have a RobinHood Gold subscription, and make money from interest in cash deposited but not invested in their accounts, as well as money on their margin service
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2017-10-15 16:22
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2017-10-17 15:23
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2017-10-19 03:06
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ggiampieri
2017-10-22 05:09
Anyone using Multicharts?
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2017-10-22 16:13
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2017-10-22 18:34
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2017-10-26 20:20
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harvie
2017-11-02 03:05
anyone have thoughts on gold? Was the last breakout a fakeout?
stolzlos
2017-11-02 17:56
@harvie looks bullish to me. Still above trendline. Just retesting.
harvie
2017-11-03 02:53
@stolzlos thanks was thinking about making a top-up, lot of people saying it's going to make a decsion soon, up or down.
adiviz1
2017-11-04 12:45
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stolzlos
2017-11-06 17:48
@harvie PMs keep you sweating!
stolzlos
2017-11-06 17:54
Moment of truth is close. Betting time. Take your pick!
stolzlos
2017-11-06 17:56
either way its going to be spectacular
harvie
2017-11-07 02:58
lol I want to buy now but my balls are too small @stolzlos
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2017-11-11 22:44
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stolzlos
2017-11-14 02:29
stolzlos
2017-11-14 02:30
last week uranium rocketed up more than 10% on the news
stolzlos
2017-11-14 02:31
another bullmarket about to get real (finally)
stolzlos
2017-11-14 02:48
the leader of this wave is just ripping higher
stolzlos
2017-11-14 05:36
and there seems to be another bullmarket in the making. Blockchain related companies. There are a few companies listed OTC. I even found one on the Toronto Venture and one listed on the Australian exchange.
stolzlos
2017-11-14 05:37
it is incredible when you think about that the biggest technology exchange in the world is the Nasdaq but it does not list a single bitcoin or blockchain company.
fish
2017-11-14 16:30
@stolzlos Can you explain that technical analysis you've done there?
stolzlos
2017-11-15 01:50
@fish nothing special really. I look for a line of resistance which I hope will eventually break. You draw a line through the top prices (or touches) and establish the line. the more touches you have, the better. I generally like to see 3 touches. You start buying when price breaks the line.
stolzlos
2017-11-15 01:51
If after a breakout price falls back and closes below the line I close the position at a loss, unconditionally. If it rallies afterwards, bad luck.
stolzlos
2017-11-15 01:56
Further, I favor setups where a breakout has a good chance in getting new highs. These are generally the most profitable.
stolzlos
2017-11-15 03:27
a more extreme example
stolzlos
2017-11-15 03:31
I started buying that one around 2.05. The line is not perfect but it has lots of touches. The other problem is that it is much more slanted and retests (which are common) mean lower prices than where you bought for the resistance line is falling. See Gold futures (last 6 months) for a prime example of that pesky market behavior. Keeps me and @harvie quite itchy.
stolzlos
2017-11-15 03:33
Further, after buying price fell even below the line but it never closed below and luckily started moving up afterwards.
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2017-11-15 07:08
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harvie
2017-11-15 09:09
@stolzlos I'm still watching :smile:
stolzlos
2017-11-15 15:07
@harvie I'm still sweating :wink:
fish
2017-11-16 08:43
@stolzlos Thank you for the in depth explanation. One of the coins I invest in short term (and hopefully out any second now) is going to do that in 3 days. Would you recommend buying at a dip before the expected resistance crack? Also what are the chances that instead of a sharp bounce it will sharp dip?
stolzlos
2017-11-16 09:57
@fish sorry but I cannot answer your questions. First, I am out of the crypto space since quite some time.
stolzlos
2017-11-16 10:00
Second, while I try to call the market I am off nearly every time. That clearly means that this is not my market atm. Too much volatility.
stolzlos
2017-11-16 10:06
there are people here who know much more about the space than me. Ask in #bitcoin. Somebody will give you advice for sure. Good luck!
fish
2017-11-16 10:52
No probs. Thanks
bigworld
2017-11-17 11:39
Which broker are you using? I am with FxPro and am liking cTrader. I've been testing XTB, but they ask for a hefty sum to access the Pro tier with tighter spreads.
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2017-11-20 11:57
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stolzlos
2017-11-22 19:45
@harvie gold looks incredibly bullish here. My gut tells me that we saw that trendline for the last time, ever.
harvie
2017-11-23 03:10
has been consolidating here for a while, usually a sign of strength from what little I know of the markets @stolzlos
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2017-11-23 10:38
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stolzlos
2017-11-24 16:00
anybody trading marijuana stocks?
ahl
2017-11-27 08:14
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ahl
2017-11-27 09:52
Hey i'm new in the Freedom Surfer community , I'm interested on open a off shore company for Crypto day trading , some one here been thru the process and can give some first best step ?
ken
2017-11-28 23:00
Anybody got some good books/resources to start learning Technical Analysis, Volume Based trading and recoginizing price patterns?
ivan
2017-11-29 10:03
How is everyone feeling about the BTC right now? You think the bubble is about to explode? I always thought it would stop at 10k.
danz
2017-11-29 11:58
Don?t see it coming down yet.
danz
2017-11-29 11:59
BTC futures will arrive in december, newspapers are posting everyday something about it, the big bang theory with million of watchers will host an episode this week about bitcoin and few more things
yura-by
2017-11-29 12:29
bitfinex with theirs printed tether might contribute greatly to explosion one day https://twitter.com/Bitfinexed/status/935333097377329152
ivan
2017-11-29 12:47
agreed @danz sounds like lots of heavy weights are making it grow
ivan
2017-11-29 12:48
guys like Mcafee saying it will reach 500k (didn't he say 10k 2 years ago?)
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2017-11-30 02:25
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2017-12-02 23:58
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ahl
2017-12-06 09:39
Hey I wanna start to make day trade crypto not under my privet name (tax Germany reason) , not looking so much to change to fiat , more to keep in crypto , any recommendations about how to start ? Or how to separate form the tax man point off view , the privet crypto , and the day trade crypto?
stolzlos
2017-12-07 20:26
well, so much for my gold call ...
stoplight
2017-12-07 20:28
@stolzlos bitcoin may yet burst?but until then?happy $17,000 and growing?.some are waiting but many are speculating until Dec. 11 and Dec. 18?only then we shall know if its worth it?
stolzlos
2017-12-07 20:31
@stoplight pretty scary chart but for all I know it could blast right to 100K. Who knows? Hope everybody here makes killing.
stoplight
2017-12-07 20:33
@stolzlos it?s an upward trend?but everyone is bullish?the funny thing is?the closer we get to the 21,000,000 capacity?the more people would want to own it?so my theory it will go well beyond 100K!
danz
2017-12-07 20:33
As long as the whole market grows I am happy. Even most alts are losing now, they will increasy sometime soon I think.
stoplight
2017-12-07 20:33
But the problem..more hackers would also want to steal?
stolzlos
2017-12-07 20:33
god I wish I would grow a pair!
stoplight
2017-12-07 20:33
coinbase is currently unavailable?
stoplight
2017-12-07 20:34
that?s scary?
danz
2017-12-07 20:34
Most exchanges can?t deal with the demand at this moment
stolzlos
2017-12-07 20:34
bitfinex was also offline before
stoplight
2017-12-07 20:34
exactly?so that?s scary?
danz
2017-12-07 20:34
Binance has problems to a lot of the time
danz
2017-12-07 20:35
On a lot of websites they don?t even offer customer service by phone at this moment, to many new members..
stoplight
2017-12-07 20:35
i?m a late bloomer in the crypto scene?but the way things are going?i?m betting on long term rather than short term?even at this high price?i?m getting myself a few coins?haha..
stoplight
2017-12-07 20:36
the alt coins are suffering but ETH is moving up?someone?s buying a lot..
danz
2017-12-07 20:36
I like the fact that some give some kind of dividend, so even if the prices don?t grow, I still accumulate more
stoplight
2017-12-07 20:37
yup?
skat
2017-12-08 13:22
I?m not doing any Bitcoins, but I still hold a lot of ETH? i felt bad about not shortening my ETH supply couple of days back (i?ve seen the signs). But i?m interested in building my startup now, than trading :smile:
pristinegems4c
2017-12-11 17:05
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netroxx
2017-12-13 13:56
what is the best strategy for trading BTC/fiat? what platform to use?
netroxx
2017-12-13 13:57
Are there big differences in buy/sell between the platforms/brokers?
netroxx
2017-12-13 13:58
Also regarding security.. I already lost 10 BTC 2-3 years ago because I left them on an exchange that got hacked while I focused on another project.. I'm aware that leaving BTC on an exchange is always a security risk, but how do the pros mitigate that risk?
netroxx
2017-12-13 13:58
thanks for your input guys
johncitizen
2017-12-13 13:59
I use a trezor USB wallet
johncitizen
2017-12-13 13:59
I used to use paper wallets
netroxx
2017-12-13 14:00
but let's say you want to sell some, because you think it is a temp high, and you want to buy in lower again
netroxx
2017-12-13 14:00
it's better to have them at an exchange to act fast right?
netroxx
2017-12-13 14:01
you're way is better for mid-long term holding though, right?
johncitizen
2017-12-13 14:02
No I day trade too
johncitizen
2017-12-13 14:02
I just transfer everything in and out daily if I need to
netroxx
2017-12-13 14:03
sounds good
netroxx
2017-12-13 14:03
which exchange can you recommend?
johncitizen
2017-12-13 14:03
Bittrex
netroxx
2017-12-13 14:03
there will be fees for transfering in and out though?
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2017-12-13 19:00
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2018-01-02 23:37
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2018-01-03 11:24
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stolzlos
2018-01-03 17:49
Marijuana, just crazy. Closed all my positions. May regret it.
ivan
2018-01-03 20:33
Marijuana stocks went down?
stolzlos
2018-01-03 21:16
quite the opposite. extreme panic buying. which means that there should be a pretty severe correction ahead. But with all the hype, I may have just thrown away the opportunity of a lifetime.
ivan
2018-01-03 21:24
Well, sounds pretty much like BTC lately.
roman
2018-01-04 15:05
Well the market is huge and is going to be well regulated, so I think there is a serious opportunity.
roman
2018-01-04 15:05
I am not participating. But I?m in Canada and was just in BC and the stores are EVERYWHERE!!
roman
2018-01-04 15:05
And it?s not even legal yet.
stolzlos
2018-01-04 19:32
busybodies ...
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2018-01-05 13:09
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2018-01-13 23:29
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stolzlos
2018-01-23 17:33
Breakout.
stolzlos
2018-01-23 17:36
very close but not yet.
stolzlos
2018-01-24 10:03
Dollar getting hammered. Breakout for gold around 1360.
stolzlos
2018-01-24 10:04
Currently at 1349
wojtek
2018-01-24 19:44
Hello
wojtek
2018-01-24 19:45
does anyone trade forex?
wojtek
2018-01-24 19:45
working on a bot/expert advisor
stolzlos
2018-01-24 19:59
Gold tagged 1361. Pulling back. No clear break yet.
stolzlos
2018-01-24 20:00
Silver up 3.2%
stolzlos
2018-01-24 20:01
18$ is the line in the sand.
johncitizen
2018-01-25 03:51
Please breakout!
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2018-01-25 23:47
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wojtek
2018-01-27 05:07
anyone trading forex automatically?
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2018-01-31 10:15
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2018-02-01 05:24
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stolzlos
2018-02-02 20:37
Stocks crushed, Cryptos crushed, Marijuanas crushed, Bonds crushed, Gold crushed
stolzlos
2018-02-02 20:37
Bloodbath on steroids
stolzlos
2018-02-02 21:12
Stocks hammered into the close. Next week is going to be interesting.
stolzlos
2018-02-04 09:54
time to panic? Volatility is breaking out.
stolzlos
2018-02-04 09:58
The Volatility Index goes back to 1993 yet only just recently it broke its historic record on the low side. A 25 year timespan. This means peak complacency and that means nobody gives a damn anymore. Absolutely nobody expects stocks to come back down or even stop advancing.
stolzlos
2018-02-04 10:01
I further checked the volatility of the S&P 500 against which the VIX is traded and it turns out that 1993/94 was the calmest time on record, going back to 1971!
stolzlos
2018-02-04 10:04
And that means that we witnessed the lowest traded volatility in almost 50 years on record and most probably (no proof) the lowest since the crash of '29.
stolzlos
2018-02-04 10:10
From 1993 we had the tech boom and stocks tripled. A replay would mean that stocks triple from here. With all the money printing that is not impossible in my opinion. Of course it is batshit crazy.
stolzlos
2018-02-04 10:15
The two arguments against an epic bullmarket are Gold and Bonds. Gold is creeping higher and Bonds are breaking down.
stolzlos
2018-02-04 10:16
A time of caution.
ivan
2018-02-05 13:39
Thanks for the info @stolzlos
stolzlos
2018-02-05 22:13
Well, what a day. S&P down almost 6% !
stolzlos
2018-02-05 22:14
VIX +115%
harvie
2018-02-06 09:40
what a day, what a rough week!
harvie
2018-02-06 09:42
time to load up tomorrow once these market stabilize.
stolzlos
2018-02-06 12:20
From record to record. Yesterdays move percentage wise in the Vix was the highest on record, ever.
stolzlos
2018-02-06 12:24
I would not be surprised if we break that record again very soon
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2018-02-07 02:39
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harvie
2018-02-08 03:17
@stolzlos I think everything will just go up in 2018 after this shake out. I'm looking to re-balance to holding more sliver/gold tho in 2018 over stocks.
harvie
2018-02-08 12:27
Go long on Asia and pull back from the US
stolzlos
2018-02-08 18:38
@harvie well, lets see what happens. I remain cautious and out of the market except for incredible opportunities.
stolzlos
2018-02-08 18:41
And in regard to PMs, yes. That will be the next great bull market after gold manages to clear 1360 solidly. Dollar has a final comeback but looking at the charts the dollar and gold start their next huge move in earnest within the next 3-6 months. So loading up on more PM stocks is the way to go.
jase
2018-02-11 09:16
PM stocks as in miners? Or straight holdings
jase
2018-02-11 09:16
I have an aversion to non-income generating assets
stolzlos
2018-02-11 09:41
@jase yes, miners and generally juniors which don't pay dividends.
stolzlos
2018-02-11 09:44
and that is because I am a capital gains person.
stolzlos
2018-02-11 09:45
nevertheless I looked at some majors for the fun of it and picked the ones that I would actually consider buying if I had a ton of money
stolzlos
2018-02-11 09:48
Among the major PM stocks pay a miserable dividend of 0.5% in average. Ridiculous.
stolzlos
2018-02-11 09:49
but if you want dividend then the metals stocks may be an opportunity for you.
stolzlos
2018-02-11 09:50
Southern Copper 2.5%
stolzlos
2018-02-11 09:50
Rio Tinto 6.6% !!!!!!!!!!
stolzlos
2018-02-11 09:52
Compania Buenaventura also has a great chart but only 0.4%
stolzlos
2018-02-11 09:53
additionally you get all the capital gains which is pretty great in these stocks.
jase
2018-02-11 09:56
Interesting. I need to do some research
jase
2018-02-11 09:58
I favor companies domiciled in SG/HK/UK as they don't have withholding taxes... but obviously there are still great opportunities elsewhere outside these countries AFTER their higher ~30% witholding taxes
stolzlos
2018-02-11 10:05
well, at least some of the good ones should be listed in these jurisdictions
stolzlos
2018-02-11 10:05
Rio Tinto is listed on the LSE
stolzlos
2018-02-11 10:05
just checked
jase
2018-02-11 10:05
definitely - RIO could be interesting
stolzlos
2018-02-11 10:09
yes, I just checked the chart back to 2004. If it clears 60$ it should challenge its all time highs at 140$ in the years to come without much struggle. 60$ is the big deal. I will keep an eye on it.
mikeseo
2018-02-11 11:53
I was looking for some higher dividend LSE stocks and saw RIO BLT RDSB BP VOD GSK
mikeseo
2018-02-11 11:54
SGX I saw Singtel Starhub M1 and the Mapletree REIT's
mikeseo
2018-02-11 11:55
HK I just saw HSBC
mikeseo
2018-02-11 11:55
I'm trying to find tax free dividends as well
mikeseo
2018-02-11 11:58
dividend withholding tax rates:
United Kingdom 0%
Singapore 0%
Hong Kong 0%
Switzerland 5/10/15%
Mexico 10%
Japan 15%
Netherlands 15%
Canada 25%
Australia 30%
New Zealand 30%
United States 30%
vinodgn0088
2018-02-11 12:14
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jase
2018-02-11 18:13
Singapore: First REIT / Keppel DC REIT
jase
2018-02-11 18:13
HK land holdings could be a good opportunity, but yield isn't too high yet
mikeseo
2018-02-12 01:04
so a 5% Singapore REIT = 7% yield in US minus the 30% withholding tax
6% Singapore = 8.5% US
mikeseo
2018-02-12 01:07
when government interest rates rise, the REITs and other dividend stocks should go down in price right? Because people would rather have the safety of government debt as long as the yield is decent?
mikeseo
2018-02-12 01:08
and also when rates rise, inflation can happen, so long term capital gains stocks might go up in price? Because cash is worth less and things are worth more?
jase
2018-02-12 11:08
This probably assumes the company stays constant. Take First REIT for example, a few years back it was a young company/unproven. Now it is established. I wouldn't expect valuation to drop to "unproven days" based on bond yields increasing
jase
2018-02-12 11:08
Also check out Singapore Savings Bonds
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2018-02-12 11:21
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mikeseo
2018-02-12 12:11
ya lot's of moving pieces. I was just thinking IF Singapore gov bonds eventually get up to 5-6%, why would anyone want to buy a Singapore REIT that pays the same?
jase
2018-02-12 15:55
Again I guess it depends if they are buying it for income or total return. TR of a REIT paying a 5% dividend may be 8% in a year, while a SSB paying 5% is only going to ever return 5%
johncitizen
2018-02-13 04:22
Hong Kong short term bonds
stolzlos
2018-02-13 10:10
Dollar starting to break down against the yen. If 107 gets cracked then this will have an impact on markets.
stolzlos
2018-02-13 10:29
Gold breakout may not be as far away as i thought. Trump is doing his best to kill the dollar.
stolzlos
2018-02-14 18:16
USDJPY below 107, stocks moving up, bonds cracking new lows. Gold ripping. What a mess!
stolzlos
2018-02-14 18:18
cpi data came in hotter than expected
stolzlos
2018-02-14 18:20
here we go again. Solid close above 1370 is what gold needs.
mikeseo
2018-02-16 01:07
@jase NYSE:TGP-A 9% no US withholding tax
rp_vpnet
2018-02-18 07:10
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ca
2018-02-18 18:34
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mikeseo
2018-02-20 02:51
9.7% dividend with no US withholding tax
https://finance.google.com/finance?q=NYSE:HMLP
http://www.hoeghlngpartners.com/Documents/Tax.pdf
"Distributions we pay to a non-U.S. unitholder will not be subject to U.S. federal income tax or withholding tax if the non-U.S. unitholder is not engaged in a U.S. trade or business."
mikeseo
2018-02-20 02:52
it seems like a lot of the high yield shipping stocks don't have withholding tax on their dividends
dustdancer
2018-02-23 02:04
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jase
2018-02-23 09:39
Interesting, thanks @mikeseo.
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2018-02-23 17:49
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2018-02-24 01:51
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2018-02-24 09:44
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2018-02-25 15:00
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2018-02-26 05:34
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stolzlos
2018-02-28 19:20
Silver in uptrend against gold since '91. Historically cheap. This trendline "must" hold though.
johncitizen
2018-02-28 21:41
What?s the reasoning behind it holding?
stolzlos
2018-02-28 21:51
I can only speculate that the actual supply/stock imbalance between the two causes the uptrend
stolzlos
2018-02-28 21:51
stolzlos
2018-02-28 21:51
it is actually quite dramatic
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2018-02-28 23:49
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anemariaconcepts
2018-03-05 14:19
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stolzlos
2018-03-06 19:55
Interesting. Lots of triangle patterns setting up in resources and resource stocks. There is no better indicator for the validity of the bigger picture when the elements of a sector start aligning.
stolzlos
2018-03-06 19:58
I have seen this time and again happening. The big move in individual stocks always happens when the entire sector starts moving.
stolzlos
2018-03-06 19:59
Incidentally this is also the time when the majority has thrown in the towel. No sellers anymore. Hence, price has only one direction left.
stolzlos
2018-03-06 20:02
stolzlos
2018-03-06 20:02
Professionals did not own this little silver in 15 years.
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2018-03-08 08:39
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2018-03-08 13:26
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2018-03-08 15:30
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2018-03-14 01:59
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2018-03-14 13:41
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2018-03-14 16:29
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2018-03-15 19:08
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2018-03-18 10:46
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stolzlos
2018-03-19 17:23
Gold bugs watching that chart have to to shit their pants (again and again) .... going to change mine now.
ivo
2018-03-20 15:31
Is that ThinkOrSwim you're using, @stolzlos ?
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2018-03-21 13:21
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stolzlos
2018-03-23 19:13
Gold is about to have its best weekly run since Trump won the election.
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2018-03-26 21:08
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harvie
2018-03-27 16:10
I would love gold to break 1380, but my guess is 1 or two revists back to 1320-1300~, stocks will be pumping then gold sneaks in through the back door late this year or mid next.
stolzlos
2018-03-28 15:40
@harvie looking at today's price action, very possible
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2018-03-28 16:25
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harvie
2018-03-29 03:34
A nice little dump :smile:
stolzlos
2018-03-30 09:39
Anybody watching Tesla? Seems like the time has come for Musk.
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2018-03-30 15:43
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2018-03-30 18:06
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danz
2018-03-30 23:57
I wonder if Tesla can keep it up, they will need a lot of funding pretty soon to stay alive.
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2018-04-01 02:42
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2018-04-01 09:45
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stolzlos
2018-04-02 18:03
Tesla, Amazon, Facebook. Now Intel. Stock market having a rough time.
stolzlos
2018-04-02 18:04
Gold is ripping
stolzlos
2018-04-02 18:08
Jim Rogers still believes that we are going to drop below 1000$ on gold.
stolzlos
2018-04-02 18:10
Todays price action is a clear statement. Institutional investors don't own gold. I think he will be proven wrong.
stolzlos
2018-04-02 18:17
if we have a real stock market crash, lets say 10% or so in a single day, Gold will be gone far north beyond that pesky 1380 level.
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2018-04-05 15:51
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stolzlos
2018-04-05 17:56
Silver bulls sweating blood
stolzlos
2018-04-06 19:54
Stock market and BTC not getting away from their lows. Next week is going to be mightily interesting.
stolzlos
2018-04-06 20:07
and then there is this. As bullish as is gets.
stolzlos
2018-04-06 20:09
can it still break down? Sure. But chances that it does so are slim compared to breaking 1380.
stolzlos
2018-04-06 20:11
it all comes to a head at the same time. Something big coming up?
mikeseo
2018-04-07 05:35
I wonder if there's any selling because of tax season, US taxes due April 15th
stolzlos
2018-04-07 06:13
sure. In BTC as well as stocks. But the main reason is that the bull market is over in both. Stock bulls didn't get the memo yet though.
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2018-04-08 16:04
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2018-04-09 09:27
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stolzlos
2018-04-11 15:48
The time has come. Gold is breaking out!
stolzlos
2018-04-11 15:49
@stolzlos uploaded a file: https://freedomsurfer.slack.com/files/U5W3QJU4W/FA5U2CM4N/image.png
stolzlos
2018-04-11 15:49
PM stocks are ripping
stolzlos
2018-04-11 15:49
Congrats Trump. You did it.
stolzlos
2018-04-11 18:54
well, looks like I have been fooled again. Should have waited for that close above 1370.
stolzlos
2018-04-11 20:14
Failed breakout, no doubt.
stolzlos
2018-04-13 18:58
PM stocks still rising.
stolzlos
2018-04-14 05:44
just read the news....
stolzlos
2018-04-14 06:31
Makes you wonder where Gold will open on Monday. I assume that everybody who shorted Gold the day before will be sweating blood over the weekend.
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2018-04-14 17:19
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maxsuur
2018-04-17 19:10
@stolzlos you breathe technical analysis :slightly_smiling_face:
stolzlos
2018-04-18 16:40
Silver has overcome the Trump / Syria spike. 18$ is the ultimate breakout level.
stolzlos
2018-04-18 16:41
@maxsuur I just love charts and trying to make sense of them. Sometimes I even make some money :wink:
stolzlos
2018-04-18 16:43
The fail in Gold last week should have resulted in quite a smackdown. Guess what. It did *not* happen.
stolzlos
2018-04-18 16:45
And oil making new highs in the meanwhile and silver is ripping.
stolzlos
2018-04-18 16:45
Come on Gold, you piece of garbage!
jase
2018-04-18 20:52
Wasn't silver meant to go to the moon?
jase
2018-04-18 20:53
Back in 2012? :picard:
stolzlos
2018-04-18 20:53
yeah. I remember the stories. Not too many left. Stories and people.
stolzlos
2018-04-18 20:54
I would venture that not even 5% of the people holding out from back then remain
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2018-04-19 04:57
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harvie
2018-04-19 09:36
@jase lol, I've been waiting a few years :rolling_on_the_floor_laughing:
harvie
2018-04-19 09:37
Yes it was quite the silver pump yesterday, hopefully a few more of them this year and I might end up in the green:smile:
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2018-04-21 03:28
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stolzlos
2018-04-23 10:53
Looks like the dollar is coming back. Expecting pain for PMs.
stolzlos
2018-04-25 20:28
Silver found a new resistance line. Time for a decision has now been shortened. I would guess to less than 3 months.
stolzlos
2018-05-02 16:45
as shitty as the situation is, at least we know where the bull case dies.
stolzlos
2018-05-02 16:45
This near 15 year support line is the most impressive thing I have ever seen in charting.
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2018-05-05 06:01
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stolzlos
2018-05-05 08:05
Good indicator for global shipping. A break to the upside (which I expect to be a matter of time only) would be very bullish.
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2018-05-10 07:51
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2018-05-16 03:57
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stolzlos
2018-05-16 18:27
I have a hard time looking at this. At least the miners seem quite resilient to the action in gold.
stolzlos
2018-05-17 16:09
Interest rates breaking out? Seems like it. If so, next stop 4%.
stolzlos
2018-05-17 16:13
makes you wonder when stock owners switch from dividends to bond yields. Makes you wonder what will happen to the stockmarket then.
mikeseo
2018-05-17 22:55
you think just higher interest rates will cause a massive switch or does there need to be some kind of crisis too?
I wonder how a 10% dividend stock will be affected by 3-4% Treasurys.
Might be time to sell 4-6% dividend stocks at least?
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2018-05-18 00:24
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stolzlos
2018-05-18 12:21
@mikeseo it depends how quickly interest rates change. A sudden spike to 4% for example would motivate a lot of people to switch to bonds. Not only for the yield but because debt funding would cause earnings/growth to shrink which is obviously not good for dividends and hence stock valuations. A crisis of some kind would be a trigger an accelerated rise in yields.
stolzlos
2018-05-18 12:22
Since there is a huge difference between a 10% dividend and 3-4% interest rate I would not expect much effect, except the company has a high debt/equity ratio. See above.
stolzlos
2018-05-18 12:25
regarding selling or not, depends on the company, sector and location. A company like Rio Tinto for example with a yield of 6% you don't want to sell. There is no general answer unfortunately.
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2018-05-20 07:29
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michael
2018-05-22 00:08
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michael
2018-05-22 04:18
I know @simon trades Forex. I was wondering is there a channel for Forex trading? Or is this the channel?
mikeseo
2018-05-22 05:10
@stolzlos hmm so you're saying that a company's cost to borrow money will go up with rising rates, so their profits will go down, which will make their stock price go down?
And are you saying for example to hold Rio Tinto because they aren't borrowing a lot so they're not as sensitive to rising rates? Or because it's a mining company and commodities will do good with inflation and rising rates?
stolzlos
2018-05-22 07:08
on the first, yes.
stolzlos
2018-05-22 07:13
on the second, I don't know their debt ratio so I won't comment on that (it could be though and then you would be right of course).
stolzlos
2018-05-22 07:13
But commodities are in an uptrend which means inflation is here or coming and generally rates are only following (or late) generally.
stolzlos
2018-05-22 07:14
That means that resource related companies have a positive spread between revenue increases and increases in rates. I assume that is why they do so well in such times.
stolzlos
2018-05-24 13:25
the week is not over yet but wheat is trying to break out.
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2018-05-25 18:33
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2018-05-25 21:29
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2018-05-27 17:06
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michael
2018-05-28 00:01
I'm guessing that is a no then? :slightly_smiling_face:
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2018-05-30 11:28
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ggiampieri
2018-05-31 12:50
Anyone here is doing algotrade with multicharts or similar platforms? I am happy to exchange knowledge with experienced people!
michael
2018-06-01 07:19
hello sir
michael
2018-06-01 07:19
I do trade FX, not with algo trading though.
michael
2018-06-01 07:20
How do you find the algo trading? Never looked into that route with conviction.
ggiampieri
2018-06-02 10:45
Very complex, but can be done. Takes time!!
michael
2018-06-03 04:57
Ok, so I'm taking it's profitable :smile: well done!
vinodgn0088
2018-06-03 10:23
@michael hows ur FX trading going on? Able to generate good passive income?
michael
2018-06-04 05:54
Wouldn't call it passive income. It's more active income. Yes, FX trading is going well.
michael
2018-06-04 05:55
I am sure that @simon can shed much more light and knowledge on this as that's how he started together with freedom surfer :slightly_smiling_face:
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2018-06-04 10:33
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2018-06-07 09:40
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stolzlos
2018-06-10 06:19
I have not seen any FX trading comments here. Sometimes I drop some but I am not trading FX atm.
stolzlos
2018-06-10 06:20
Feel free to drop whatever you know. I want to get back into FX in the future.
stolzlos
2018-06-11 18:33
marijuana stocks start to go mainstream
stolzlos
2018-06-11 18:33
Chronos Group, CRON is now traded on Nasdaq (1.7bil)
stolzlos
2018-06-11 18:33
Canopy, CGC listed on the NYSE (8bil)
stolzlos
2018-06-11 18:34
they don't look bad, chartwise. I assume because hedge funds have begun to be able to buy them and started accumulating.
stolzlos
2018-06-11 18:36
rest of the market looks quite messy so it is still too early. Another 3 months maybe?
michael
2018-06-12 01:50
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2018-06-12 11:51
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stolzlos
2018-06-12 15:52
@michael thanks. Lets see how this plays out.
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2018-06-12 16:39
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2018-06-13 04:36
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stolzlos
2018-06-14 04:05
Not dead yet. Just touched resistance.
stolzlos
2018-06-14 12:27
Silver has broken out, as of now.
stolzlos
2018-06-14 12:27
Will wait until the close before getting euphoric again.
stolzlos
2018-06-14 16:08
shipping stocks breaking out.
stolzlos
2018-06-14 16:14
I found this stock 1 day before it broke. Perfect downtrend. The perfect proxy for the resource market. With silver breaking I assume that we have finally a go on the resource side.
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2018-06-15 06:03
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stolzlos
2018-06-15 15:47
just took a look at silver. speechless....
jase
2018-06-15 20:00
shit the bed
jase
2018-06-15 20:00
ha
stolzlos
2018-06-16 07:11
anybody here want to know a surefire method to get rich?
stolzlos
2018-06-16 07:11
when I utter words like PM, gold, silver, etc ... go short!
michael
2018-06-16 11:18
lol, just saw the chart.
michael
2018-06-16 11:18
a small blip in the long run to things.
stolzlos
2018-06-19 16:10
1 year uptrend cleanly broken.
stolzlos
2018-06-19 16:13
22 year uptrend about to be tested in the next weeks. If that breaks ...
stolzlos
2018-06-22 20:46
As with China, Germany about to be tested. Flawless 10 year uptend will break in the not so distant future.
johncitizen
2018-06-22 22:04
Thanks Stolzlos, I appreciate these updates :)
stolzlos
2018-06-23 06:46
you're welcome :slightly_smiling_face:
stolzlos
2018-06-23 06:50
last week GE got kicked out of the Dow Jones. It was the last original stock in the index. It appears to follow Deutsche Bank into the grave.
stolzlos
2018-06-23 06:54
for perspective
stolzlos
2018-06-23 06:59
only when you see that chart you realize how severe the crash that began in 29 was. 2008 compared to that was a walk in the park.
stolzlos
2018-06-23 07:00
it took 24 years through the greatest war on earth to get to new highs.
ivo
2018-06-25 16:47
crypto like volatility on the indices :wink:
ivo
2018-06-25 16:47
ivo
2018-06-25 16:47
Dax is treating me very well this time :wink:
stolzlos
2018-06-27 06:49
I hate to say it but this ain't looking good.
stolzlos
2018-06-27 06:52
going to be one expensive day ...
ivo
2018-06-27 07:17
Are you trading SI or just buying physical, @stolzlos?
stolzlos
2018-06-27 07:19
trading.
stolzlos
2018-06-27 07:21
and actually I seldom trade metals. Only if there is a real opportunity because I don't like to use leverage.
stolzlos
2018-06-27 07:22
how about you?
ivo
2018-06-27 07:22
But you trade Futures or you were just using the chart?
stolzlos
2018-06-27 07:25
I have a cash position via the SLV ETF which I got around 16.35 (futures price)
ivo
2018-06-27 07:25
Myself, I trade everything bust mainly macro sensitive instruments - so as for metals I prefer to trade GC rather than SI. I can't remember when I looked at SI chart for the last time before you posted it.
stolzlos
2018-06-27 07:25
and no, I actually avoid trading futures. Sometimes I do CFDs though.
ivo
2018-06-27 07:27
Yes, me too, spreads are really nice in CFDs these days, in particular if you like to trade DAX and dont mind trading on a "virtual" market.
stolzlos
2018-06-27 07:29
as long as you win, who cares where the money comes from :wink:
stolzlos
2018-06-27 07:31
in regard to the chart, I use a lot of them and I do that because sometimes you see something one one chart that is hidden on others. It builds and shapes my world view by looking at them.
ivo
2018-06-27 07:35
I couldn't agree more - always strikes me how everything changes when I am forced to look at a clean chart.
stolzlos
2018-06-27 07:37
to be a bit poetic, for me a chart represents the unadulterated truth of present and past reality
stolzlos
2018-06-27 07:38
in a world of such unintentional and especially intentional abuse of information, charts are a beacon you can find a hold and re-calibrate your mind over and over again
stolzlos
2018-06-27 07:39
an incredibly powerful tool
ivo
2018-06-27 08:08
Yep, they are not only powerful but I experience real aesthetic satisfaction looking at them. And, price being such a vital component of value, charts really tell you the history of humanity.
stolzlos
2018-06-27 08:17
could not agree more
stolzlos
2018-06-27 08:18
trading macro themes, that is one difficult thing to do. Are you doing well?
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2018-06-27 12:04
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stolzlos
2018-06-27 19:42
as expected, that day hurt ...
stolzlos
2018-06-27 20:39
The day is not over but as of now silver broke support. This is just incredible.
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2018-06-28 17:01
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2018-06-28 18:35
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ivo
2018-07-02 14:52
@stolzlos Difficult and complex, yes. But frankly, I don't think you can trade any instrument without using macro analysis. Technical analysis may help you understand when an asset is cheap and/or expensive but trends don't evolve due to some MACD crossover or whatever but because of how we move on in the cycles.
stolzlos
2018-07-02 16:02
It is so interesting how very personal trading is. I would never ever be able to trade using macro analysis. But I absolutely believe you that it works for you.
stolzlos
2018-07-02 16:05
And even though I am technically a TA trader because I only use charts I use basically nothing but trendlines. No indicators. I never trade any of these countless mostly useless pattern.
ivo
2018-07-02 17:25
The problem is that technical analysis is non-directional. You will always be able to find a reason to be long or short, it's just a matter of timeframes. TA is nothing but a backtest of a sample size of prices.
Macro-analysis is also not much more directional, simply because there is always two sides of a coin.
However, sometimes you find divergences that don't make any sense. That's what I look for:
For example that ridiculous rally in the DAX after Draghi announced two weeks ago that they are going to stop extending QE.
Okay, maybe he could have said more but at the end of the day the ECB is pulling liquidity out of the markets and Equities rally?
That's where I like to look for entries into swing trades.
I think there is a big problem in the retail sphere, because most traders think they can outsmart complex algo trading systems by drawing a few lines on a price chart matters, while they'd better off learning how interest rates work - something you find rarely in joe trader's playbook.
ivo
2018-07-02 17:28
But then again, that's a pretty idealistic way of my personal trade style, since I am actually using a lot of TA for trade entries. However, I don't like to use any time sensitive indicators or drawings. At the end, all I do is draw horiuzontal lines and use Fibs. I've never found to need anything else.
stolzlos
2018-07-02 18:00
I completely get what you are saying and I totally agree. TA is not perfect and by itself it is imho actually pretty useless unless you have a specific application for it like for example to get into a trade as you do. For the most part it is just another slick method to turn Retail into suckers and separate them from their hard earned cash.
stolzlos
2018-07-03 04:15
for all the people who believe in Platinum. Don't. It just broke its 10 year near horizontal support.
stolzlos
2018-07-03 04:16
I am a believer in the PM sector but I just can't ignore that. It follows the 15 year silver support break and confirms that the dollar is going to go vertical. Liquidity crisis coming?
stolzlos
2018-07-03 17:36
Strong reversal on Platinum. Managed to close above support. As of now, breakdown failed.
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2018-07-03 19:32
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2018-07-03 21:59
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stolzlos
2018-07-06 18:08
Platinum will close above support with a extremely bullish hammer candle. So much for the breakdown. PMs continue to make me look like an idiot.
stolzlos
2018-07-06 18:14
this makes me question the weakness in the other metals. Interesting is also that miners had a pretty good week. This ain't no easy game.
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2018-07-06 21:28
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2018-07-10 10:25
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2018-07-19 19:57
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2018-08-06 07:26
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burrup.lambert
2018-08-06 19:28
Recommended broker for international? IB? Next recommendation for trader with less activity?
johncitizen
2018-08-06 20:05
Why country? I still think IB is great for its versatility. There are some new companies now in Australia.
burrup.lambert
2018-08-07 02:58
Yeah I'm leaning towards IB, just want to see if any other options jump out. Looking a ditching Australian residency so don't really want to use an Australian based broker.
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2018-08-07 19:34
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mikeseo
2018-08-07 21:42
IB by far! Boom if you just want Asian markets.
johncitizen
2018-08-07 23:22
I?m thinking of moving all my holdings into IB.
mikeseo
2018-08-08 04:36
is it risky holding everything in 1 broker? I'm thinking 80% in IB, 10% in Boom, and maybe 10% in Saxo. Boom has some Asian markets that IB doesnt have. I think Saxo might have more EU markets than IB but I haven't tried them yet. IB does not have Norway, so far my only complaint. US market trades are $1 on IB and $20 on Boom. Plus with IB you have much more control over FX instead of just having the broker do the conversion for you and skim off the top.
johncitizen
2018-08-08 15:16
This is true, I looked and I can get rid of my bank owned brokerage accounts. But not Boom.
stolzlos
2018-08-08 16:01
I am also in the process of opening IB. Btw, 1$ is just the minimum for US trades. Max is 1% of trade value.
stolzlos
2018-08-08 16:03
Can anybody explain me to where the advantage of *Fixed* over *Tiered* commission is? It seems to me that even for low volume traders Tiered is the better deal. Am I missing something?
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2018-08-14 20:59
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stolzlos
2018-08-15 15:59
Anybody watching gold? Miners?
stolzlos
2018-08-15 16:02
Market indexes (except US, yet) look like they could break any day
itaiohayon
2018-08-16 20:15
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harvie
2018-08-24 21:16
I am watching gold and buying slowly. Taking small profits from my stocks and reinvesting it here
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2018-08-28 18:20
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2018-10-07 12:11
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2018-10-08 00:53
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cliqueapp
2018-10-08 12:54
hi all,
does anyone know where to find information on whether trading within a foreign incorporated company would be considered foreign sourced income? it looks to be possible in jurisdictions such as hong kong
"Profits from the purchase and sale of listed shares and other listed securities
Taxable if the stock exchange where the shares or securities in question are traded is located in Hong Kong
Where the purchase and sale took place over-the-counter, taxable where the contracts of purchase and sale are effected in Hong Kong"
https://www.ird.gov.hk/eng/paf/bus_pft_tsp.htm
While in Panama one site writes
"The only income which is taxed is the one derived from within Panama. The sale of products or services to people, entities, or companies in Panama are considered as Panama source income and taxed. The sales of products or services to persons, entities, or companies located outside of Panama are not taxed."
http://atsa-panama.com/eng/taxes.html
Does anyone know of a tax lawyer who could clarify this for somewhere like Panama, which has no CFC laws?
mirceabujanca
2018-10-09 03:24
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2018-10-09 04:15
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2018-10-10 00:04
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stolzlos
2018-10-10 18:57
There goes Europe's No1 ....
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2018-10-11 08:55
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umgelurgel
2018-10-21 08:16
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stolzlos
2018-10-23 14:05
This has just begun. German government is already in shambles at near all time highs. How is it going to look like at 8100?
mikeseo
2018-10-23 16:27
i bought this inverse bund etf at 60 a year ago... https://www.bloomberg.com/quote/5X62:GR
stolzlos
2018-10-24 13:49
China finally managed to blow through a 22 year flawless uptrend. Percentage wise from the top of 2007 China even underperforms Spain! Ouch ...
stolzlos
2018-10-25 15:27
Last man (market) standing.
sergiy.shlykov
2018-10-26 06:35
wow so much support on the dip, why is the resistance volume so high?
stolzlos
2018-10-26 08:47
Huge interest in buying and selling in the last weeks. Lots of people suddenly trying to get in while even more people try to get out.
sergiy.shlykov
2018-10-26 09:39
:popcorn:
stolzlos
2018-10-29 20:32
It had to happen. The S&P 500 breaks its 2009 uptrend by failing to hold 2650.
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2018-11-03 20:10
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2018-11-05 03:01
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ren
2018-11-05 12:51
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michael
2018-11-07 08:33
This is not serious - just a spoof - GREW HIS ACCOUNT BY A STAGGERING 75,000% this year. (THIS IS THE REAL-LIFE EDDIE MORRA IN THE MOVIE LIMITLESS.) - sent to me by a fellow trader. http://crackedforex.com/index.php?v=c1_0&m=#course1
burrup.lambert
2018-11-07 22:52
Just signed up! Can't wait!
aphelan1
2018-11-16 00:08
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22525
2018-11-20 14:51
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stolzlos
2018-11-20 18:51
The one stock that should not break
stolzlos
2018-11-22 03:32
AAPL lost its uptremd. All FAANG stocks are now broken. The US finally caught up with the rest of the world.
stolzlos
2018-11-22 17:32
while it is still up
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2018-11-25 09:31
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stolzlos
2018-11-27 18:15
I find it absolutely incredible that even amidst all the chaos PMs still trade where they are.
stolzlos
2018-11-27 18:16
Even worse, they look ripe for another dump.
stolzlos
2018-11-27 18:16
Silver looks pretty bad here.
stolzlos
2018-11-27 18:17
Sub 10$?
stolzlos
2018-11-27 18:19
Gold 1K?
stolzlos
2018-11-27 18:19
ridiculous
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2018-11-28 16:21
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johncitizen
2018-11-30 01:14
@stolzlos honestly, if silver goes to $10 I?ll dump 30% of my net worth into it assuming that GSR still favours silver.
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2018-11-30 02:39
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stolzlos
2018-11-30 12:16
@johncitizen if you don't need the money for a few years then that's the perfect way to play it
johncitizen
2018-12-03 00:16
Yeah also it gives me a cheap line of credit.
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2018-12-03 06:45
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stolzlos
2018-12-04 18:38
Cannabis stocks look pretty shitty here. The next market to get steamrolled.
stolzlos
2018-12-04 18:39
lots of bankruptcies coming.
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2018-12-05 08:45
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contact
2018-12-06 01:12
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greenard23
2018-12-06 03:33
Yeah looks to follow crypto after all the hype.
stolzlos
2018-12-06 12:21
S&P 500: Red line was primary uptrend. Blue line is secondary. Much more horizontal, hence much worse if it breaks. And break it will. Just a matter of time.
stolzlos
2018-12-06 16:19
France accelerating. Going down since the peak in 2000. In good company with Italy which looks way worse.
stolzlos
2018-12-15 01:15
S&P 500: Secondary break. The US joins the bearmarket, confirmed. Hard to believe but it had to happen. This is going to be funny (not) ....
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2018-12-17 11:05
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2018-12-18 01:44
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2018-12-19 11:38
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stolzlos
2018-12-22 00:25
S&P 500: Now something has begun that we will be witnessing just once in our lifetimes for it happens only once in about 70 to a 100 years.
stolzlos
2018-12-22 00:30
Next bullmarket: Cash (not joking)
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2018-12-22 03:00
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2018-12-22 19:40
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mylogun94
2018-12-29 12:27
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mylogun94
2018-12-29 12:32
Hi guys, how many of you are in the forex industry and travelling the world? :smile:
stolzlos
2018-12-29 15:34
Hi @mylogun94, did FX (Swing) in the past but gave up eventually. Too difficult for me. I like to trade High Vol markets without leverage. Opposite of FX :wink:
stolzlos
2018-12-29 15:34
particular pairs you focused on? Timeframe?
burrup.lambert
2018-12-29 21:04
@mylogun94 I'm in the process of learning. Probably be several months before I begin backtesting and start with Swing trading. Most likely stick to majors and trade London session. What about you? Do you trade a different session based on the timezone you are in? I'm looking to relocate to Argentina next year.
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2019-01-02 20:29
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2019-01-08 01:33
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2019-01-10 10:46
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m.moser
2019-01-10 12:17
Full ack. Next bull market will be cash indeed. Asset price inflation caused by printed money is now over, at least in the U.S.
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2019-01-10 20:08
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burrup.lambert
2019-02-13 01:14
Can anyone provide advice on travelling and trading, mainly from a laptop? I've getting close to developing my trading plan and hopefully about to get on the move but I'm wondering how to go about it. Would a VPS be recommended? I'm using NinjaTrader8 as my platform on a Windows laptop. I was about to buy a new laptop (I have an older Dell Inspiron 17R, CPU feeling slow now days :disappointed: ) but am now wondering if I should put that money towards a VPS and trading from that. For now, all my strategies will be unautomated, mainly thinking of using it quicker connection to broker, redundancy (if my laptop gets stolen for example I can use a friends temporarily etc).
And unless I'm missing something is there anything special about these "Forex VPS"'? Or any old VPS with adequate storage, CPU, RAM etc will do?
vinodgn0088
2019-02-13 02:12
@burrup.lambert, If you want low latency to trading platform and option to keep the trade open for long term its better to get a VPS. But don't get some cheap oversell VPS. I suggest a 2 to 4 Core ( 2.6GHz or more clock speed per core) , 4GB RAM and a location closest to your trading platform's server. Also, make sure you get a VPS with SSD or NVMe disk space.
burrup.lambert
2019-02-13 02:17
Thanks @vinodgn0088. Would you recommend one even for someone who is not using automation? For a new laptop I was looking at a Dell XPS 15, a newer model that is M.2 NVMe capable with PCI 4x Lane (most only have 2x so not getting full speed), the Dell XPS 13 9370 and above have 4x speed but I think the screen size would be too small. I'm on a 17" screen atm but the screen itself is crap, terrible battery life and its heavy as shit!
vinodgn0088
2019-02-13 03:26
@burrup.lambert, You can try Amazon EC2 with NVMe storage. If you go for 17" screen chances of getting good battery life is difficult.
ggiampieri
2019-02-13 04:35
Get a hetzner vps super fast and cheap at least 8 gb, but they have dedicated cpu up to 128gb of ram and 32cores
ivo
2019-02-13 09:18
@burrup.lambert latency trader here: you only need a VPS if you are planning to use automated strategies. There is no benefit when you are using market orders because the click interaction between your home computer and the VPS is essentially the same when using no VPS, and limit orders will sit on the broker?s or exchange?s servers anyways.
Forex VPS have the benefit of usually being co-located in NY5 or LD5, the Equinix server structure where most brokers are hosted. That matters if you are in trading fast markets or low liquidity, exchange traded instruments.
If you are just getting started and trade manually, I would invest in a better Laptop every day before buying a server. Especially since if you are planning to trade from charts.
My experience is that the most important things for a trading computer are: non-glaring high res screens, battery life, RAM and an Ethernet plug.
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burrup.lambert
2019-02-22 01:17
Thanks @ivo!
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burrup.lambert
2019-03-06 11:23
Anyone got a recommendation for software or something of the like for keeping track of stock transactions? Just did my tax return then and it was a bloody nightmare trying to work things out just based off the report from my broker. Or is Excel the best? I can see there are quite a few Google Doc spreadsheets that would fit the bill but I try and avoid Google at all costs if I can.
johncitizen
2019-03-06 11:26
Same deal, I?m using 4 platforms and want to use something simple for capturing CGT from investments, assets, and business income. Can I do all this with Xero Personal?
jase
2019-03-06 14:28
@burrup.lambert @johncitizen I don't trade too rapidly but this if helpful for me: https://www.sharesight.com/uk/
jase
2019-03-06 14:29
If you want to go all out on tracking expenses my guess if you'll find Xero the best option
johncitizen
2019-03-06 15:48
Well the biggest issue is dealing with multiple currencies and taxes.
jase
2019-03-06 17:12
Sharesight has a free plan and it handles currency conversion
jase
2019-03-06 17:12
but i bet it won't be accurate enough for your needs
burrup.lambert
2019-03-07 04:22
Found this one:
https://www.oldschoolvalue.com/blog/investment-tools/the-best-free-stock-portfolio-tracking-spreadsheet
It's a modified one from the below link. Guy modified it to suit US exchanges, OTC pink sheets etc.
http://www.investmentmoats.com/StockPortfolioTracker/stockportfolioinvestmenttracker.php
The original one you can see the guy just uses a different spreadsheet for different currency holdings. If I get time might have a play with it (still Google spreadsheets though ><).
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leursivan
2019-03-20 08:53
Are there any successful Forex traders who are strategy providers at Ctrader Copy/Mirror or myfxbook?
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burrup.lambert
2019-04-01 06:26
Not a CPT yet (learning) but Ctrader Copy looks interesting. I later plan on trading for other people/money management. Looks to be an interesting tool
burrup.lambert
2019-04-01 06:31
Gave this a go. It's actually quite good @johncitizen @jase. It's designed for Australia, NZ, Canada, UK, Global/US residents. You can have multiple portfolios and each portfolio has it's own tax residency. It auto detects dividend payments, you just have to confirm there. It integrates with Xero personal which I don't use (yet). You can also automatically add investments via email that contains the contract note. They have a pretty big list of brokers. For example I use SelfWealth (no need for full service brokers atm), when SelfWealth emails me the contract note it automatically sends it to my Sharesight inbox and it is added to my portfolio. It also supports multiple currencies, you can use the exchange rate on the day (that Sharesight specifies) or input your own exchange rate.
One annoying thing about SelfWealth is that the Contract Note doesn't include the brokerage fee, it's sent as a different invoice. So although the holding is automatically added you still have to go in manually and just add in the fee in Sharesight.
It doesn't support Interactive Brokers yet (but I read it's in the works, last updated 1 month ago) so atm have to input those trades manually with currency etc.
Doesn't do KRX (Korea) but I can live with that. Free version does everything I need it seems except it only tracks 10 holdings (including closed positions)!
All in all pretty good, I'd recommended people give it a go.
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stolzlos
2019-04-12 13:45
Cannabis stocks are shaping up.
stolzlos
2019-04-12 13:47
I expect a solid rally this year.
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julianmb
2019-04-24 04:04
I'm shorting Bitcoin
ivan
2019-04-24 13:14
How low do you think it's going to go? I'm fairly optimistic on it lately.
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julianmb
2019-04-25 03:43
It went down, now. I'm buying
bigworld
2019-04-25 06:08
I am with Ripple which is the same as Bitcoin and others for me matter. I'm going to quit as I'm afraid it could be developing a massive triangle (lateral movement) so I don't expect seeing new highs.
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burrup.lambert
2019-05-15 01:35
FYI Interactive Brokers integration is in beta phase. Going off the updates it is actively being tweaked which is great. I just email IB to get my FTP details.
https://getsatisfaction.com/sharesight/topics/add_interactive_brokers?page=2
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stolzlos
2019-06-20 06:19
Gold: Breakout (again). Yet to be confirmed with a close above 1400. Considering the news, chances are pretty high.
stolzlos
2019-06-20 11:01
how is trading going this year so far for everybody?
stolzlos
2019-06-20 11:02
I personally am struggling. I have a few winners but my losers keep eating my lunch.
stolzlos
2019-06-20 11:06
Besides crypto *trying* to recover I have not seen much that stands out and provides a good opportunity.
jerrycjchang
2019-06-21 06:30
Broke through $1400 for the first time in 6 years
jerrycjchang
2019-06-21 06:31
I've seen good returns from treasuries and crypto. I think equities could pop now that easing is back on
burrup.lambert
2019-06-21 07:08
My learning to trade journey has been progressing nicely. You may recall me speaking of it several months ago.
burrup.lambert
2019-06-21 07:09
Been learning for around 7 months now. Started with NT8, now moved to MT4. Have decided that automated/algo trading is the way for me.
burrup.lambert
2019-06-21 07:11
Coded one EA, currently testing in demo. Coding a second now with a different strat that should be more 'robust'. Coding has greatly improved, learning a lot about the intricacies of MQL4.
stolzlos
2019-06-22 07:36
@jerrycjchang I am also betting on easing to make stocks go bonkers, especially small cap where the 5 to 10x money is. Hoped for Cannabis to make a comeback but after they shaped up recently they again turned down once more. Same for blockchain. But they will come back and back big and I will be waiting.
stolzlos
2019-06-22 07:40
@burrup.lambert that is great news. Hope you succeed. What markets do run again? FX?
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jerrycjchang
2019-06-22 23:40
@stolzlos bitcoin went over $11k, it's already back big from off the bottom. There's more to come I believe over longer time frame. I'm not that familiar with cannabis, are you playing single stocks?
burrup.lambert
2019-06-23 01:40
@stolzlos Yes just Forex for now. Maybe other instruments in the future but that's a little way off yet.
michael
2019-06-24 04:00
@burrup.lambert Nice stuff on the FX :slightly_smiling_face: Demo, then test live trading with your EA.
stolzlos
2019-06-24 11:30
@jerrycjchang Yes, single stocks. It is not that I like trading Cannabis stocks in particular but they are a new asset class just like cryptos or blockchain stocks. And since it is a new one it moves pretty powerful *if/when* it moves. So more vol, hence better risk/reward.
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jerrycjchang
2019-07-03 00:59
@stolzlos no doubt, I just have very little clue about what moves them. I guess regulations is one. TLRY for example, no idea what made it move quite so much
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stolzlos
2019-07-17 16:05
Silver: Hard to believe. 3 year trendline breakout.
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contato
2019-07-19 09:40
@stolzlos the miners in Australia are celebrating today... I guess the market is telling us something
stolzlos
2019-07-19 12:37
@contato clearly the next direction is up. I was thinking of a possible break lower once more. That possibility is now zero. We have certainly seen the bottom in PMs. (except maybe platinum)
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contato
2019-08-01 05:26
@stolzlos Great one mate!!!
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burrup.lambert
2019-08-02 11:12
Hi all. I've finally decided to pull my thumb out and start a blog, which as it turns out will be about Forex (for now) and my journey to being a consistently profitable trader.
You can find it here > https://www.burruplambert.com/
It's all still a work in progress sorry. But if you wait for something to be 'perfect' you will NEVER launch it, whether it's a product, website, strategy etc. The purpose of this is not to get any subscribers though if you want to see something like this feel free to. The main purpose is to hold myself accountable to doing the work and delivering the content and it helps when you announce to the world (or Slack :sweat_smile:) your intentions. Telling everyone publicly you are going to do something is a great way to motivate yourself.
If anyone has any feedback I would love to hear it. Writing is definitely a skill I want to improve.
ivan
2019-08-02 11:18
Congrats Krapen!
ivo
2019-08-02 11:53
Hey, good luck. As from someone who?s been trading FX for 7 years now, I believe you put yourself under a lot of pressure by trying to force yourself into consistency.
I?ve done the same mistake when I started and ended up extremely frustrated when things did not work out as I wanted.
The first years are best spent by trying to understand how markets work and not screw up entirely.
FX as a market is extremely complex because it?s the underlying market for basically all other markets.
That means, you have to look at cross-asset relationships to get a better understanding of what the FX market is doing, *esp the Bond market* (which retail trader often seem to forget exists).
burrup.lambert
2019-08-02 12:26
Thanks for the advice. I wouldn't say I am "forcing" myself however. Everyone works best under certain circumstances. For me, I like to have a tangible date to work towards. Even if I don't achieve it I would accomplish more than if I didn't have any date set at all. I certainly don't expect to be living off trading by the 14th of Jan 2020 :slightly_smiling_face:.
Do you trade full time? Only Forex? Swing trading? Algo/manual?
ivo
2019-08-04 09:06
@burrup.lambert I was a full time trader for 5 years. My focus was on event-driven arbitrage strategies, mainly in the FX markets and news trading in FX and Futures. Most of the Arb strategies were extremely short-term (a few second ), while news trades could range from seconds to several days.
I took a break from full-time trading last year, a) because of getting burned out by doing the same thing for 5 years and b) the ESMA regulations basically killed the retail FX market in the EU and would have forced much of my business offshore.
I still do newstrading, but almost exclusively in CL now (alongside with a few other ?exotic? events).
michael
2019-08-05 00:12
Nice site =D good luck with the trading! think there are a handful of "CPT"s here. @simon etc
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jerrycjchang
2019-08-05 14:08
anyone trading eurodollar futures or futures options?
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stolzlos
2019-08-08 16:41
does anybody have a recommendation for a good tool to calculate your capital gains taxes for stocks bought in different currencies and on different exchanges?
burrup.lambert
2019-08-09 04:17
A few of us https://www.sharesight.com , it converts the exchange rate, support every exchange I have stocks on so far (except KRX, though you can add custom holdings) and it has CGT reporting tools, you can set your portfolio tax setting to any of the 5 Eyes countries. I'm not sure how much help it will be outside that but worth signing up for free and trying it out.
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ivan
2019-09-10 13:32
Guys, anyone knows a good way to purchase BTCs with a Transferwise account? (either ACH or SEPA transfer or the debit card).
clr
2019-09-10 15:27
I find Kraken good for SEPA transfer. However, note that TransferWise don?t want anything to do with crypto so it might be an issue. I have never attempted to transfer between a exchange and TW, so I don?t know. See the last paragraph here: https://transferwise.com/help/11/getting-started/2932118/incompatible-accounts-currencies
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burrup.lambert
2019-09-27 07:33
Can't remember if I've posted this before but I started blogging about my algorithmic trading development.
Open to comments, questions, feedback. Let me know!
https://www.burruplambert.com/bollinger-band-algorithmic-development-part-6/
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burrup.lambert
2019-10-06 04:33
Thought I had write an article on adding your account to Myfxbook and getting it verified as it wasn't as straight forward was I thought! Enjoy.
https://www.burruplambert.com/adding-an-account-to-myfxbook-and-getting-it-verified/
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stolzlos
2019-10-10 17:03
anybody watching Cannabis stocks? Unreal how a such hyped market is getting absolutely destroyed.
stolzlos
2019-10-10 17:06
never be married to your investments.
stolzlos
2019-10-10 17:09
I hoped for a solid rally this year and stated here as much. Obviously I was wrong. Eventually the market will come back but that will take quite some time since the trust is gone and losses are huge among investing people.
rtiagm
2019-10-11 06:13
@stolzlos Which companies did you investing in?
stolzlos
2019-10-11 15:28
@rtiagm that is a long list because I am following the market since the end of 2015. At least 30 companies.
stolzlos
2019-10-11 15:28
Some worked fantastic. Others literally died on me.
omocha_10
2019-10-13 00:26
Hi, just by coincidence. A friend sent me a post about canabis. I?m not in it.... so far.
https://www.sovereignman.com/investing/the-next-big-investment-trend-is-on-sale-right-now-25748/
omocha_10
2019-10-14 19:43
Hi, read the Forex guide. Years ago I tried daytrading with stocks, ETF. For almost 2 years most part of it on paper money. I never got to a point where I trusted the systems, and never got close to feel the results(good or bad) were not random and luck.
Plus when I put some dollars, I experience the anguish mentioned in the guide.
I should be solid, consistent for a while to not feel I am being fooled by randomness.
But making some money trading would be great.
Could you point me in a direction where to have a look how you are doing it please? Thanks
stolzlos
2019-10-16 15:20
@omocha_10 take a look at Dan Zanger's approach. Maybe it works for you.
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2019-10-17 15:57
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2019-10-20 11:03
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2019-10-23 08:30
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2019-10-25 07:25
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2019-10-28 09:29
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prykhodko.av
2019-10-31 22:40
Buy when they sell and sell when everybody buy, lol :joy: my favourite stocks in October 2019 are Aphria, Aleafia and recently CannaTrust, lol :joy:
prykhodko.av
2019-11-03 22:36
I?d say not many markets are expected to grow the same way as Cannabis market. With first companies hitting IPOs with arguably overvalued original valuations, attracting lot?s of attention and fear of missing out stock buy. With original cannabis bubble deflated now, it is time to spot few companies which have a proven money making engine within. Those would likely to go to the moon in 1-2 years from now in my view.
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2019-11-06 14:02
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2019-11-06 15:38
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2019-11-07 15:03
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2019-11-08 14:33
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burrup.lambert
2019-11-10 22:53
Has anyone here used a copy trading/mirror trading/signal service?
mikael.sandvill
2019-11-11 11:13
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2019-11-12 14:40
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2019-11-12 14:58
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2019-11-14 11:47
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stolzlos
2019-11-18 20:18
There goes the cannabis market
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2019-11-20 22:47
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2019-11-22 01:03
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2019-11-22 08:42
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2019-11-26 09:14
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stolzlos
2019-11-30 09:34
looking around for the next market to make some serious money, it appears that sports betting in the US could be exactly that.
mikeseo
2019-11-30 10:07
why? is it about to become legal in all the states?
stolzlos
2019-11-30 17:37
indeed
stolzlos
2019-11-30 17:37
stolzlos
2019-11-30 17:39
It may be illegal depending on the state but it is not illegal on federal level anymore.
stolzlos
2019-11-30 17:41
but since there is a lot of potential tax revenue, states will follow suit
stolzlos
2019-11-30 17:42
nearly 30 years since the ban. This should be quite spectacular.
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2019-11-30 19:20
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mikeseo
2019-12-01 04:26
how would you profit from it? bet against newbies? advertise sportsbetting sites for affiliate commissions? make your own sportsbetting site? invest in sportsbetting companies?
mikeseo
2019-12-01 04:27
invest in sports teams, espn? short vegas sportsbetting companies?
mikeseo
2019-12-01 04:27
sell an ebook on how to do sports betting?
mikeseo
2019-12-01 04:28
if it's legal than the next thing is to see if google and facebook will allow advertising for it
stolzlos
2019-12-02 04:25
as you say, there are lots of ways to invest in the space
stolzlos
2019-12-02 04:26
I'm a stock guy so my primary focus is the stock market.
stolzlos
2019-12-02 04:27
but I am open to other strategies. Still trying to wrap my head around the whole thing.
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2019-12-04 16:04
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julianmb
2019-12-15 03:34
This is why I keep holding my Bitcoins
benjamin
2019-12-15 05:46
Are you actively buying more or just holding what you have?
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2019-12-15 07:43
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julianmb
2019-12-15 12:21
Not buying, prefer to hold until the halving
bierlingm
2019-12-15 19:37
Halving will be very interesting. Im seeing bitcoin currently finishing a wave 5 in line with the ABC correction within wave 2 on the monthly timeframe. WIll all be in time for the halving spring 2020. Very excited stuff
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2019-12-16 13:48
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michael
2020-03-02 09:51
*Wanted to ask those fellow traders out there? I?m a trader based out in Asia and have a tax residency in a low tax jurisdiction.*
A question to those who use companies to trade? What are the reasons you have setup a company to trade vs your personal name? Is it mainly tax?�
I am trying to understand if it is worth having an entity to trade (depending on your personal circumstances of course.).
bierlingm
2020-03-02 18:08
Privacy could be one
bierlingm
2020-03-02 18:09
Corporate trading accounts have in a lot of cases more benefits, better access, support, spreads and comissions etc.
bierlingm
2020-03-02 18:09
Depending on your deposits*
michal.opoka
2020-03-02 19:22
I haven't used a trading company but I can think of a reason - if someone is trading with high leverage then LLC could limit his liability if things go very bad and losses are bigger than account deposit
bierlingm
2020-03-02 19:23
Margin Calls.. ?
michal.opoka
2020-03-02 19:24
they might not work in extreme cases, remember when Swiss National Bank removed EUR/CHF peg? A lot of people went bankrupt that day
bierlingm
2020-03-02 19:24
True!
michal.opoka
2020-03-02 19:25
on the other hand using too high leverage is not something anyone should do in first place, but that's another discussion
bierlingm
2020-03-02 19:25
lol yeah
bigworld
2020-03-02 20:35
A company is useful for separating commercial activities from personal activities. Also, limits the liability siloing the risk. One last thing, company tax residency may be different to that of the owner.
stolzlos
2020-03-03 08:58
@michael may I ask where you are based?
michael
2020-03-03 09:21
Singapore.
michael
2020-03-03 09:23
@bierlingm @michal.opoka @bigworld Thank you for your replies, will take in the information and see whether I set one up in the future. For now, I'll carry on on my personal account.
stolzlos
2020-03-03 16:58
thanks
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2020-03-04 10:25
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2020-03-06 08:52
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2020-03-06 09:51
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stolzlos
2020-03-06 10:40
it sure looks quite chaotic everywhere. Anybody still making money consistently? Any opinions on what is going to come? Expectations?
stolzlos
2020-03-06 10:45
I personally would hate for the global run to have ended. Then again, maybe that means that we get some solid action in the resource sector. Who knows?
michael
2020-03-06 14:17
Yes and I am sure there are plenty others.
michael
2020-03-06 14:19
Who knows what is there to come, but there is a lot of opportunity out there.
michael
2020-03-06 14:20
For sure, business and economic activity is slowing down.
michael
2020-03-06 14:20
stolzlos
2020-03-07 09:02
good links, thanks
stolzlos
2020-03-07 09:05
whatever happens from here out I just hope that a few really great opportunities arise.
kalin.stoyanov
2020-03-08 19:22
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stolzlos
2020-03-09 04:51
Oil -30%. Bull market ended ....
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2020-03-10 12:28
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2020-03-11 12:30
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2020-03-11 22:49
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stolzlos
2020-03-12 05:29
*Copper:* Breaking 11 years trendline. Pain just starting.
bigworld
2020-03-12 10:05
I see a triangle too. But in my view, the exit is bullish
stolzlos
2020-03-12 11:47
to the upside, yes, downside, pain
stolzlos
2020-03-12 13:44
only one safe asset left, USD
julianmb
2020-03-12 13:44
Gold down 3%
julianmb
2020-03-12 13:44
A trader at JPM HK told me
julianmb
2020-03-12 13:45
When gold and stocks dump aggressive at the same time: run
stolzlos
2020-03-12 13:45
yes, margin calls all over the place. Everybody needs to raise cash for collateral. Everything is sold.
stolzlos
2020-03-12 13:46
and it is "still" just the beginning .... incredible
julianmb
2020-03-12 13:46
Wait till the first bankruptcies
stolzlos
2020-03-12 13:47
yes, first thing to go is oil & gas
stolzlos
2020-03-12 13:47
then the banks, especially in Europe
stolzlos
2020-03-12 13:48
which reminds me that I should pick up cash before I have to stand in line
stolzlos
2020-03-12 13:52
*Gold/Silver ratio:* For the silver bulls. It ain't going to get much better than that.
stolzlos
2020-03-12 14:24
1.25 => 12.5 => all => game over
stolzlos
2020-03-12 14:24
looks expensive at 5?
burrup.lambert
2020-03-12 14:46
Amazing
buynps.org
2020-03-12 19:01
what should we hold?
buynps.org
2020-03-12 19:02
USD fiat?
julianmb
2020-03-12 19:04
For now
stolzlos
2020-03-12 19:11
agreed.
julianmb
2020-03-12 19:15
Another option is fisical gold in Singapore
julianmb
2020-03-12 19:15
But I'm not a good fan of gold
julianmb
2020-03-12 19:15
It's being used the last week to provide USD liquidity
stolzlos
2020-03-12 19:18
same here. no fan (currently). Gold has its place and time.
stolzlos
2020-03-12 19:21
with the exception of the Nasdaq, every other index I know of has its 2008 uptrend smashed
stolzlos
2020-03-12 19:21
Italy down -17%, just today!
stolzlos
2020-03-12 19:23
*VIX:* Implied vol nearing ATH of 2008
julianmb
2020-03-12 19:29
This is just the start
burrup.lambert
2020-03-12 21:48
Silver :sunglasses:
julianmb
2020-03-12 22:45
Drawdowns from Recent Highs:
Oil: -53%
Bitcoin: -46%
Delta Airlines: -46%
Tesla: -42%
Goldman: -40%
JP Morgan: -38%
Transports: -36%
Russell 2000: -35%
FANGs: -28%
S&P 500: -27%
Nasdaq 100: -25%
Amazon: -23%
Consumer Staples: -19%
Gold: -7%
Cash: 0%
buynps.org
2020-03-13 01:58
1�Bitcoin�equals
4,290.59�United States Dollar
buynps.org
2020-03-13 01:58
wtf!
nemanja.mirkovicru87
2020-03-13 08:51
like JB said this is just the start, we are still to feel the impact of disrupted supply lines.
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2020-03-13 13:53
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stolzlos
2020-03-13 14:43
*Platinum:* When it broke the downtrend in Q3 19 I was sure that the automotive market would see a revival after years of grinding. That hope was short lived.
Platinum is about to continue its bear market going into overdrive breaking 12 years horizontal support.
stolzlos
2020-03-16 06:18
Alright, the Fed calls it. All in!
stolzlos
2020-03-16 06:19
If that does not improve the situation then we will experience a crash of epic proportions. But I have a feeling that this move may actually trigger it.
stolzlos
2020-03-16 09:48
Platinum, Silver, Copper, all breaking support today.....
jerrycjchang
2020-03-16 11:31
Futures and pre market all saying this is not enough
jerrycjchang
2020-03-16 11:32
And the fed is out of bullets
greenard23
2020-03-17 03:52
From thread above, are most people sitting on USD and waiting?
jerrycjchang
2020-03-17 07:55
trading futures and options
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2020-03-17 21:12
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stolzlos
2020-03-18 08:52
*Copper:* Accelerating ...
bierlingm
2020-03-18 17:12
WHat a day
bierlingm
2020-03-18 17:15
almost 200 pips on EU in 1 day. Have never experienced this in my entire career
bierlingm
2020-03-18 17:16
GBPUSD in to oblivion too. Broke 1.2000?.. What a time to trade
stolzlos
2020-03-18 17:16
*DAX:* Testing 2008 highs and *near 40 years* uptrend*.*
ggiampieri
2020-03-18 17:22
Look at oil.. 5$
bierlingm
2020-03-18 17:25
US shale companies are done and dusted
stolzlos
2020-03-18 17:27
and they will take the banks with them
julianmb
2020-03-19 12:00
"UAE bans all incoming paasengers with effect from 19th Mar 2020, 12noon UAE local time. Except for UAE/GCC nationals(ban applies to Qatar nationals) and Diplomatic passport holders."
stolzlos
2020-03-20 13:48
Looking through charts to find opportunities I found that one
https://markets.ft.com/data/equities/tearsheet/profile?s=FCN:NYQ
stolzlos
2020-03-20 13:50
*"The Company provides advice and services, such as restructuring (including bankruptcy), capital formation and indebtedness, interim business management, ..."*
stolzlos
2020-03-20 13:50
made new highs on Wednesday *this* week. Remarkable. It pulled back for now but it is on my radar.
stolzlos
2020-03-20 13:50
a sign of things to come
burrup.lambert
2020-03-20 14:22
I'm looking at ASPS in the long term.
burrup.lambert
2020-03-20 14:24
Loan and mortgage servicer. Look at chart post GFC when everyone started defaulting.
stolzlos
2020-03-20 14:25
it had a *very good* run from 09 through 13
stolzlos
2020-03-20 14:25
but it returned from where it came from
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2020-03-20 21:35
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julianmb
2020-03-20 23:18
Donald Dump
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2020-03-22 03:16
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stolzlos
2020-03-23 14:18
if stocks (and crypto) don't close very green today then the current situation will get much worse very fast
stolzlos
2020-03-23 18:19
Tradingview: ???
bigworld
2020-03-25 16:30
Is anyone trading these days in Forex? I think volatility is crazy these days.
bierlingm
2020-03-25 19:03
Sure, now is the time to make big money
bierlingm
2020-03-25 19:04
My mentor said, if you cant trade/adapt to these circumstances you might want to reevaluate your career lol
alexbadaoui1
2020-03-25 19:04
if you are concerned about volatility, lower your position size
jerrycjchang
2020-03-25 19:11
How do you guys see USD from here?
bierlingm
2020-03-25 19:12
Im a price action trader, dont mind the news tbh
bierlingm
2020-03-25 19:12
Weak, strong.. I dont mind
jerrycjchang
2020-03-25 19:13
Fair enough
bierlingm
2020-03-25 19:14
One thing to look out for is the unemployment data tomorrow. Expected to be 1.5m
bierlingm
2020-03-25 19:14
Atm there is a relieve of liquidity going on so usd is calming down a bit after 2 crazy weeks
jerrycjchang
2020-03-25 19:20
Some estimates say over 2m
jerrycjchang
2020-03-25 19:20
Crazy
michael
2020-03-26 08:22
@bierlingm HAHA... like your mentor... well said.
michael
2020-03-26 08:22
Same.
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2020-03-26 13:05
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bigworld
2020-03-26 13:58
Volatility is crap because it triggers stop-loss when it shouldn't. I recently changed of Forex broker, and I think I'm seeing broader spread than before. Not sure if it is because of the broker or the nowadays situation.
I use an ECN broker to minimize spreads, but it counts when you are in minute or subminute charts.
bigworld
2020-03-26 14:09
Good to know we are still trading :slightly_smiling_face: !!
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2020-03-28 08:28
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sterk
2020-04-01 11:56
Does anyone know if it is possible to open a trading account without having to go through the KYC procedure?
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vinodgn0088
2020-04-19 02:51
Anyone here using DBS Vickers for trading in Singapore REITs and US Stocks? How good is DBS Vickers?
mikeseo
2020-04-19 04:01
I had iOCBC but closed it because it was expensive and not a lot of online trading features/markets. I switched to IB and am very happy with it.
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2020-04-20 02:40
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stolzlos
2020-04-20 18:28
oil just traded negative today. Crazy times ...
stolzlos
2020-04-20 18:32
which means, if oil can trade at 0, *absolutely anything* can trade at zero.
michal.opoka
2020-04-20 21:49
technically yes, but it was very unique situation - May futures traded negative since they expire tomorrow, June futures still trade at 21$
brent
2020-04-20 23:48
@michal.opoka - exactly. Although don't expect the media to use some common sense when reporting things like this.
stolzlos
2020-04-21 04:33
@michal.opoka according to reports there is no storage space anymore. The situation is so bad that the option of tankers is already gone and that even pipelines are rented out for storage.
stolzlos
2020-04-21 04:36
with the downturn just starting and demand to further collapse I wonder if that really will be a unique situation.
stolzlos
2020-04-21 09:30
Brent below 20, WTI June below 15 ...
stolzlos
2020-04-21 09:33
wti <12
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fujimoto.fjc
2020-06-16 09:48
Hello, I am a new member and FX trader.
I already have a personal account in SWISSQUOTE. I would like to open a business account in SWISSQUOTE in the near future.
Where should I set up a company best?
Best regards,
simon
2020-06-16 18:03
@fujimoto.fjc Estonia is usually a good option for trading, as profits aren?t subject to tax until distributed (and you can pay yourself a salary tax-free so there is no need to ever distribute profits). Obviously, you?ll have to be careful regarding how such a structure would be taxed in your country of tax residency. From your username, I assume Japan? If so, the tax treaty in place with Estonia states that profits generated in Japan (you trading while physically in Japan) are liable to tax only in Japan while profits generated elsewhere will be liable to tax only in Estonia (provided that there is no other PE). https://www.mofa.go.jp/files/000285159.pdf
fujimoto.fjc
2020-06-17 02:33
@
fujimoto.fjc
2020-06-17 03:00
@simon Thank you for your prompt reply.
I have thought Estonia company needs to file a tax return even if no taxes. Is it correct?
If it can, I hope the scheme is maintenance-free and low cost.
Yes, I am Japanese living in Japan and not very good at English. If my message is not polite, I say I am sorry in advance.
And I have a plan that I use Trust or Foundation for holding the company in order to avoid CFC rules.?What are your thoughts on this?
simon
2020-06-17 07:15
@fujimoto.fjc That is correct, although the return only needs to be filed once a year and it can be done electronically (on the government website). There is no government fees to pay in Estonia once a company is registered (the government fee for registration is a little under 200 EUR). You need to pay for an address there for the company but there are providers offering them for as little as 100-150 EUR annually. Overall it's a very cost-efficient structure, with great tax benefits. As for the Trust / Foundation, would that be registered in Japan or offshore?
fujimoto.fjc
2020-06-17 12:31
@simon Thank you very much for the valuable information about an Estonia company. It would be easy and low cost to maintain a company.
I plan to set up Trust or Foundation in offshore.
And I am also thinking about the scheme of PTC: Private Trust Company in offshore. I attached the information. I think PTC may work well as an FX trading company for tax purposes.
I am researching a lot of options to reduce taxes for FX trading now.
By the way, I read your blog and decided to join the insiders club because you are an FX trader too. I also contacted Fidelity overseas as same as you. because Belize IBC is a low cost.
Best regards,
simon
2020-06-17 22:10
Reading Japan?s CFC rules, it seems that it would be very difficult to exclude passive income received by a BVI (or similar) entity. https://taxsummaries.pwc.com/japan/corporate/group-taxation
simon
2020-06-17 22:13
That is also assuming that the income would be deemed passive. I guess that would depend on how often you trade / how long your positions stay open. If the income is deemed active, it will likely be deemed Japanese-sourced if you trade while physically in Japan (resulting in the creating of a Japanese permanent establishment and corporate taxation).
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fujimoto.fjc
2020-06-18 10:12
@simon Thank you for your comments.
I am a swing trader.
I guess below.
If I adopt a scheme of PTC:
1. Shareholders of PTC are third party (=Trust company there) due to purpose trust between me and Trust company.
I am not seen as a shareholder of PTC. Therefore I am not applied by CFC rules.
2. I trade FX as a director or officer of PTC while living in Japan. As you mentioned, I may be regarded as PE.
But I have no income and PTC has no income too by that trading. Trust itself has that income. This Trust is another trust above and is between me and PTC.
I entrusted my money to PTC before. This trust does not have to pay taxes by offshore tax rules.
I am not yet convinced whether this logic above is correct or not in Japan.
I am continuing to research schemes. I have a lot of time because of a swing trader.
By the way, I will pay taxes this year in Japan. Next year I am going to conduct an offshore scheme.
Best regards,
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bigworld
2020-07-10 19:21
Yes, actually any Forex broker that offer XAU is a CFD
julianmb
2020-07-26 05:23
It's getting more and more obvious Bitcoin is heading for another bull run
frederic.scheffer
2020-07-26 06:18
Crystal ball stuff
bigworld
2020-07-26 11:59
Not yet, I would say. It could develop a triangle, the bearish. Or it could be developing a flat pattern, then bullish.
julianmb
2020-07-29 03:44
Well, it's 11k now
greenard23
2020-08-26 13:52
WHAT IS THE BEST PLATFORM FOR A UK NATIONAL TO GET SILVER ETF?S, S & P FUNDS ETC?
greenard23
2020-08-26 13:52
Sorry caps
burrup.lambert
2020-08-26 18:38
Interactive Brokers?
greenard23
2020-08-30 06:48
cheers
mgonlinephone
2020-08-31 23:18
Hi, looking for contact in Singapore buying cripto, I have some to sell
mb
2020-09-01 07:37
You want to sell crypto for...crypto or fiat?
mgonlinephone
2020-09-14 02:37
Fiat
simon
2020-09-26 20:54
set the channel topic: Everything related to trading, but not cryptocurrencies
simon
2020-09-26 20:54
@simon has renamed the channel from "trading" to "invest-trading"
ivan.lakatos
2020-10-02 08:29
What about creating a cryptocurrency channel @simon
ivan.lakatos
2020-10-02 13:51
Cheers man
suren.pinto
2020-10-18 05:05
Hi all - would you know if I can use my Wyoming LLC to open an account with Interactive Brokers and invest in US equities? any other broker other than Interactive Brokers you can recommend?
simon
2020-10-18 07:43
@suren.pinto Sure, and doing so will not create a US tax liability. IB is my favourite broker but there are other options such as Tastyworks.
suren.pinto
2020-10-18 23:22
Great?thanks @simon
asarun72
2020-10-19 02:39
@simon don?t you need address proof or pass in residency test ? How about tax number ? ITIN will work ?
simon
2020-10-19 08:58
You don?t need to be a US resident to open a US brokerage account, or to even have a US tax ID. Many brokers accept foreign addresses / tax IDs.
simon
2020-10-19 08:58
You can even get around US withholding tax, if you live in a country that has a total treaty exemption (UK, for example).
nemanja.mirkovicru87
2020-10-22 14:29
@simon Do you know if Interactive Brokers accepts foreign company accounts or just US companies?
simon
2020-10-22 14:37
@nemanja.mirkovicru87 They accept companies and individuals from the following countries:
https://www.interactivebrokers.com/en/index.php?f=7021
buynps.org
2020-10-22 17:29
@simon would you recommend IB to buy index funds like the S&P500?
simon
2020-10-22 19:34
@buynps.org Sure. All the popular ETFs are there (Vanguard, iShares etc) and some obscure ones as well (if you want to focus on specific sectors, or countries etc).
mb
2020-10-28 13:06
Is it advisable to use a UK LLP to open a corporate account with Interactive Brokers? With the goal to invest in stocks for a longer period. Or is there a better way? Mainly to shield myself personally for any (tax) claims and also to prevent any witholding tax.
gastan
2020-10-28 20:14
How do you want to shield yourself from tax claims, if LLP is transparent? If you are partner, you are automatically taxable in your respective jurisdiction.
mb
2020-10-29 05:27
Sure, I think I'm more curious about preventing any withholding tax and in general if a UK LLP in general is recommended.
d.mikocionis
2020-10-29 19:10
where can one buy crypto? ($50k+ worth?)
simon
2020-10-29 20:20
You can only claim treaty benefits if you are resident in a treaty country.
mb
2020-10-30 06:25
The most convenient is to use a centralized exchange like Binance, Coinbase or Kraken. In that case by bank transfer.
mb
2020-10-30 06:34
@simon I plan to invest personal funds with my wife on IB to buy stocks. And not sure if it's wise to do that with the UK LLP (used to bill a couple of business clients) or to open a personal joint account. Or perhaps to use some type of holding structure? Don't really have experience on this setup when it comes to holdings stocks.
simon
2020-10-30 15:24
Are you a tax resident of a country that offers tax exemptions on investing in registered accounts? Or that has a holding company regime?
hello888
2020-11-06 02:00
I'm looking at IB reviews on Trustpilot, and they're awful, reading the reviews it reminds me of Paypal, hidden fees, unresponsive support, etc, why do I see it recommended so often around here?
https://www.trustpilot.com/review/interactivebrokers.com
mikeseo
2020-11-06 04:13
their website is horrible, their mobile app works much better, their support isn't good. Their prices and amount of markets are incredibly good.
mikeseo
2020-11-06 04:14
if you want to trade 1 market or only the top few markets, pay higher commissions, and have your hand held than don't choose ib
mikeseo
2020-11-06 04:15
I paid $60-100 to trade aussie stocks at ocbc, I pay $6 on IB.
mikeseo
2020-11-06 04:15
I paid $20 to trade NYSE stocks on boom, I pay $1 on IB.
danz
2020-11-06 10:11
I started using IB this year, haven't had a problem yet. I like the UI, everything seems to be working properly so far, haven't needed the customer service so far though.
omocha_10
2020-11-08 21:43
Is it possible for an European resident to buy ETF?s as the SPY, QQQ using IB?
simon
2020-11-08 22:14
Sure, although many of these are sold in USD so keep that in mind if your account is in EUR and you plan to hold long-term.
michael
2020-11-29 14:05
Think, their advantage is the wide access to different instruments and their low fees.
Apart from that, I'm not a fan of their UI, I find their system clunky versus the likes of Saxobank or Tradestation for example.
nemanja.mirkovicru87
2020-11-30 13:49
I get this message for SPY using IB http://prntscr.com/vsvvjh (company account). Here's the explanation https://ibkr.info/node/3298
omocha_10
2020-11-30 15:13
@nemanja.mirkovicru87 Not sure what it could be, a friend that is resident in EU told me that IB he is not allowed to trade USA etf?s such as the SPY.(because he is an EU resisent)
Maybe it?s something related to that....
bigworld
2020-11-30 15:53
If you live en Europe you have access to UCITS ETFs. You have plenty of options for the S&P 500 available in Europe.
nemanja.mirkovicru87
2020-12-01 14:38
So basically an equivalent ETF but for EU?
bigworld
2020-12-01 14:50
Correct
donatobianchi
2020-12-10 16:44
Hi all, do you know what is the cheapest brokers to use to open a Corporate account? I would like to use my Estonian company to trade. Interactive brokers asked me 200 USD/ months. Any advice?
emilianod76
2020-12-10 20:37
@donatobianchi Check out http://Exante.eu . Not sure if their corporate fees are lower than their competition but their fees for private clients are pretty low.
donatobianchi
2020-12-10 20:38
Thanks Emiliano!
emilianod76
2020-12-10 20:38
Pleasure :slightly_smiling_face:
buynps.org
2021-01-03 03:56
Hi all ? for non-US residences investing with IB, what?s the best stock to buy for S&P 500? I heard cspx (ireland S&P500) to save withholding tax for dividends?
alex720
2021-01-03 15:57
Cspx @buynps.org
alex720
2021-01-03 15:58
Or vusa
buynps.org
2021-01-04 18:13
> The biggest difference is their distribution policy. CSPX is accumulating while VUSA is distributing. Both are from different providers iShares vs. Vanguard so they will track the same index differently (likely that difference is going to be marginal and harder to notice for most investor). Also the fund sizes are different (CSPX is bigger).
buynps.org
2021-01-04 18:18
I found CSPX is listed as CSSPX on IB
guillaume.hucheloup
2021-01-04 20:04
Is it legal for a UK LLP to use profits to invest them in securities or crypto? By that I mean instead of taking dividends / salary, can you just put those profits straight in investments on the company's behalf ? Is there any threshold ? It might be a dumb question :confused:
buynps.org
2021-01-05 03:26
@guillaume.hucheloup what?s the advantage in doing that?
guillaume.hucheloup
2021-01-05 14:50
@buynps.org I am a Thailand tax resident with a UK LLP. So all my foreign income profits that are not remitted within the same calendar year are tax free. But now, if I do remit profit tax free on my personal account the next calendar year and trade with them, I would still get capital gains tax / crypto gains tax to pay on a personal level.
My thought process, and it can be blank wrong, is that if I don't remit profits and trade with it on the company's behalf to generate more profit, I wouldn't have to pay capital gains tax on that as long as I keep them for a year.
But I don't know how the UK LLP would be taxed on profits from trading, where, and if it is even legal to do so. @simon any input? I know it might sounds really blurry..
stolzlos
2021-01-06 09:20
I just had a chat with IB support and asked them about fees. They said that personal and corporate are the same. I told them that I heard somebody gets charged 200$ a month. Support said that this is not possible. Did you talk to support?
donatobianchi
2021-01-06 09:23
I verified with IB and I can confirm they do not charge. It may be possible to charge 10 usd if the account is inactive. Tradezero is charging 200 USD for the platform. I was thinking to do scalping with a broker, so tradezero suits more for the type of training like this.
buynps.org
2021-01-06 18:27
@guillaume.hucheloup interesting.. not sure about this..
d.mikocionis
2021-01-06 22:50
any ways to buy crypto with TransferWise?
simon
2021-01-07 01:26
@guillaume.hucheloup It?s perfectly legal in the UK to trade using your LLP but do note that dividends received from UK companies, interests from UK banks etc will have to be reported in the UK (and will likely be taxed, unless exempt by a treaty).
emilianod76
2021-01-07 11:46
@d.mikocionis I tried to transfer some money to http://Crypto.com from my Transferwise account and yesterday the transfer was cancelled. Long story short : you can't from Transferwise.
emilianod76
2021-01-07 11:47
This is the response I received: I am getting in touch to inform you that we are unfortunately unable to proceed with your transfer as the purpose for it goes against our Acceptable Use Policy section 1.2.2.c- According to which we do not support payments related to Cryptocurrencies.
If you read section 1.2.2.c of our Acceptable Use Policy you will notice the following statement, "Companies involved in the exchange or trading of cryptocurrencies, or any other virtual currencies. *Including payments for the purpose of purchasing cryptocurrencies.*"
Please note that based on our Acceptable Use Policy, your TransferWise account is not to be used to facilitate the purchase of cryptocurrencies. We cannot support transfers to Bitcoin or any other cryptocurrency, directly or indirectly, through our services.
You can read more about our Acceptable Use Policy here: https://transferwise.com/acceptable-use-policy-eea
We've cancelled the transfer and returned the money back to the originating account.
Thank you for your understanding regarding this matter.
emilianod76
2021-01-07 11:59
I ended up sending money to http://Crypto.com using my Revolut account. The transfer was almost instant and worked without issues.
stolzlos
2021-01-07 13:58
@simon does an LLC have the same reporting requirement for interest (dividends) received in the US?
simon
2021-01-07 14:01
@stolzlos If it?s a disregarded entity, no. Withholding tax is automatically applied by the company paying the dividend (they know the correct rate thanks to your W8 form).
ambroise.debret
2021-01-09 11:42
Ok so if the trading plaform is baseed outsite UK and no investment is made in UK companies, no taxes?
guillaume.hucheloup
2021-01-09 12:49
My thoughts exactly @ambroise.debret
Here is an example :
Thai fiscal resident with UK LLP.
UK LLP invoices 10.000 USD to an Israel Based company
The LLP invests this 10.000 USD to trade on a non UK platform. Let's say Crypto on a Asia platform.
LLP trades and makes 10.000 USD profit
Total now 20.000 USD.
20.000 USD remitted the next calendar year in Personal Account in Thailand.
20.000 tax free ? @simon? What would happen with the 10000 USD gains ? Would they be taxed or not, and where ?
simon
2021-01-09 12:56
The capital gains may be taxed somewhere, depending on the types of investments (real estate gains, for example, are often liable to tax in the countries where the properties are located) but if no work was performed while in Thailand / remittance rules were respected, I don?t see any liability there (or in the UK).
guillaume.hucheloup
2021-01-09 13:05
Mind blowing
d.mikocionis
2021-01-21 21:51
Hey guys. Can you trade on IB (or any other trading platform) as a US LLC? If yes, do you need to create a separate one for operations & another for investing? Thanks!
simon
2021-01-22 01:11
@d.mikocionis You can use the same, if you are comfortable with the risks.
buynps.org
2021-01-22 04:15
@simon what do you think the main risks would be?
simon
2021-01-22 06:21
@buynps.org Your funds could be at risk if you get sued, that would be the main risk
buynps.org
2021-01-22 06:24
@simon i see.. also i heard some estate tax if you die right?
simon
2021-01-22 06:38
@buynps.org That depends on a number of factors. Also, it?s important to keep in mind that some assets (including US stocks) will usually liable to US estate tax even if held by a non-resident (even if using a foreign broker).
buynps.org
2021-01-22 06:40
wow
buynps.org
2021-01-22 06:40
i see
buynps.org
2021-01-22 06:40
:smile:
johncitizen
2021-01-25 02:30
Anyone following the r/wallstreetbets Gamestop thing?
mb
2021-01-25 06:32
Yeah for a little bit. Quite interesting how he called it so early and meanwhile keeps a strong hand. Icthink it went within a year from 40k to 10+ million? https://www.reddit.com/r/wallstreetbets/comments/l415gc/deepfuckingvalue_perspective_from_july_2020_60k/
mb
2021-01-25 06:33
>quote: Dude went from $50K in summer 2019 to $11M on Friday. And I fucking remembered reading his post in new and didn't pay any attention lol
rtiagm
2021-01-25 07:48
I wonder how long will it take for him to lose that and how long will GME insanity keep going.
rtiagm
2021-01-25 07:50
Did anyone jump on the GME bandwagon ?
mb
2021-01-25 08:30
I haven't, but for sure an interesting ride to watch. Especially if he sells, and that signalling a 'take profits' to the r/wallstreetbets crowd.
rtiagm
2021-01-25 08:39
I think Michael Burry had quite a few shares of GME.
kuka
2021-01-25 11:47
Yeah that?s ridiculous to watch. I do wonder if there was a real analysis behind that decision as that dude has been into it for a while now. They joke it?s all yolo but to know that part would be fascinating
rtiagm
2021-01-25 14:33
It opened at 97
kuka
2021-01-26 10:36
Turns out that dude has a youtube channel and he made a video about it in August, lol, a legend https://www.youtube.com/watch?v=alntJzg0Um4
si006
2021-02-02 22:33
Hi,
Anyone know of a reputable broker that supports EU (Estonian) business accounts for investing in ETFs? I'm looking for brokers that charge no inactivity fees if possible.
For those familiar, I'm looking something like Trade Station Global for personal accounts.
arthurmarie1991
2021-02-03 02:37
Degiro ?
michal.opoka
2021-02-04 04:52
@si006 I think https://exante.eu/ should be ok with it, they also got non-EU ETFs
bierlingm
2021-02-05 20:50
Maybe IC Markets, its one of the best brokers I know
si006
2021-02-05 21:46
@arthurmarie1991, thanks for the feedback. Degiro don't support Estonia.
@mb and Mark I'll check the other options out.
michael
2021-02-26 11:49
You can do that with a SG entity too
richkuai
2021-02-27 02:16
Does anybody know if investing excess corporate cash (for long-term holding) would give rise to a Permanent Establishment? I have an offshore company and want to invest the extra liquidity. My understanding is that so long as the gains are not realised (i.e. no shares are sold) while I am in the EU, then there should be no issue where the purchases are made. Would anybody be able to clarify?
jase
2021-02-28 13:15
Are there any benefits to opening an Interactive Brokers account in a different region? Pricing seems to be the same in most regions if I'm not mistaken..?
ladislasmaurice
2021-02-28 14:08
Your money is most likely in different banks, and in a different jurisdiction. If capital controls were to come back it would matter.
jase
2021-02-28 14:10
My question isn't clear: If I'm going to use a single Interactive Brokers account, is one more favourable than another? For example: lower trade fees, lower custodian fees, etc?
simon
2021-02-28 15:00
The fees are different in some countries. For example, in the US there are two plans (Lite and Pro). https://www.interactivebrokers.com/en/index.php?f=45500
mescos
2021-02-28 15:01
@jase and @simon do you know if opening with Interactive Brokers UK (as an example) would expose you to US estate tax if you were to die while holding over 60k in the account? In other words, isn?t the account still technically domiciled in the US even though it?s opened with a different IBKR branch? If so, that would seem like a major downside of opening with them.
simon
2021-02-28 15:05
US estate tax applies to US assets, no matter where your broker is located. If you hold US stocks, they?ll likely be liable to US estate tax.
simon
2021-02-28 15:05
If you own Japanese stock through a US broker, for example, you won?t be liable to US estate tax (the assets are Japanese).
shaharhillel4
2021-03-07 04:06
whats the best market data API for real time data (1minute intervals)
danz
2021-03-07 13:46
For stock data?
shaharhillel4
2021-03-08 11:31
yes
danz
2021-03-08 15:02
@shaharhillel4 Our developer is trying out several as we are going to build a big platform around stocks, so far IEXCloud has been the best one and it seems we're going to continue with that one.
shaharhillel4
2021-03-08 15:02
thats what i also concluded so far. thanks for confirming my suspicions.
ivo
2021-03-10 11:34
@danz Thanks. I wasn?t looking for this but it looks like a much better solution than what we are using right now.
shaharhillel4
2021-03-11 02:26
anyone knows a good free (or low cost paid) source for historical time for a symbol by the minute or by the hour? (2-3 years back)
stolzlos
2021-03-11 05:31
@shaharhillel4 I have been using https://eoddata.com/ a few years and recently switched to https://eodhistoricaldata.com/. Neither is free but I have been unable to locate anything free or cheap and at the same time usable in terms of quality, access, availability.
shaharhillel4
2021-03-11 20:49
thx!
albert
2021-03-15 14:24
For Thai guys with IBKR, what do you put for TIN section?
si006
2021-03-17 23:07
I would like to invest in some ETFs through my company. I have a US LLC, owned by an Estonian OU.
Is it better to invest through my US or Estonian company?
My country of residence has double tax treaty with Estonia (I'm a non US citizen).
emilianod76
2021-03-19 10:31
I would like to open an LLC for trading stocks and Cryptos. Would a US LLC allow that as the only business?
frederic.scheffer
2021-03-25 15:43
@albert what is that question? A test? That's from IBKR??
vinodgn0088
2021-04-07 15:10
I heard that day trading in stocks/securities/ETF etc are tax exempt in Cyprus. Is this true?
benjamin
2021-04-07 16:53
Can't you just use you Thai TIN? If you don't have one then you aren't really a Thai resident
alex720
2021-04-07 17:30
For a Cyprus company there is no tax on investment gains @vinodgn0088
vinodgn0088
2021-04-07 17:38
@alex720, I am talking about day trading ( high frequency trades/scalping) which is usually treated a business/profession in other countries like UK, Portugal etc. Any idea?
alex720
2021-04-07 17:39
Not sure
alex720
2021-04-07 17:39
Where do you live
jor.acker
2021-04-08 00:24
Probably common noob question, but what's a realistic average monthly %return for a good fulltime day trader with a few years of experience ?
alexbadaoui1
2021-04-08 00:54
probably -3% per month
alexbadaoui1
2021-04-08 00:54
before transaction costs
omocha_10
2021-04-08 03:15
I heard/read several times 90% of daytraders loose money.
I tried it for more than a year and didn?t work for me. But maybe it was that I was not understanding the environment. I guess in this super
bullish crypto market as long as it lasts if you day trade long the odds are more in your favor, but also in buy and hold in bullish market you would do well too.
I believe odds are very against you, you must invest time everyday, in education, equipment, software, memberships while competing with algos/bots/computers, to investors with way more resources than the average man, slippages....
Plus, let?s say you put 100k account, and you do good over 10 years time at 20% gains, that?s 20k per year(before taxes).
But I am not expert, just sharing my experience. Though every now and then I do it for fun with amounts I am more than ok loosing.
I believe best thing is to buy and hold, or do value investing. How much did Buffet/Soros made yearly averaging all their carrers? I believe around 20%.
jor.acker
2021-04-08 05:09
Yea it's definitly a full time job where you have to be better than the competition, so not comparable to long term stock investing for sure
jor.acker
2021-04-08 05:10
If anybody knows the field a bit, I would be quite curious to know in what range are the monthly %return for the good traders, 10% ? more ? less ?
omocha_10
2021-04-08 05:38
Jordan, I have a friend who is trader since decades, he got 2 blogs, and is not a mercenary who would just sell you anything. He is starting to teach, and train traders. If it?s ok with FS guidelines I can pass you the contact. This is not an affiliated thing or nothing like that.
simon
2021-04-08 05:40
@omocha_10 Sure, no worries
omocha_10
2021-04-08 06:13
Jordan this the link to his subscription https://www.quantifiedstrategies.com/subscribe-to-our-trading-edges/
He got 2 sites, http://quantifiedstrategies.com and http://rationalthinking.net In both he writes about day and swing trading.
If you want to know about trading, contact him, he will give you honest and realistic opinion, not just try to sell you any shit at any price for whatever reason.
hello888
2021-04-08 08:43
My understanding is that in day trading you're mostly competing with AI (automated algorithms that are able to place orders within milliseconds) + stacking up fees with the # of transactions, so only a very small % of traders with a unique strategy succeed. On the other hand, the value investors with mid-term goals seem to report a higher success rate, but I have no idea which time frame of investors have the higher success rate or higher profits. Only thing for sure is that Warren B. wasn't a day trader.
td
2021-04-08 13:24
i trade on H1+ Timeframes, not competing with any HFT, and i do more casual trading like every few days, but over the last nearly 10 years its around 3% per month on return, i have also some expert advisors running, who trade even less, simple algos like trend following and based on indicators like avarage true range i detect market anomalies which is also sucessful for me, but even though i have some content in that area, 60-80% of the private traders lose money + its not really useful and has no added value, so i would only recommend it to a very special kind of personality who can emotionally cope with all the challenges. the nice thing about it, is that you can also profit from bear markets + you have a leverage on your capital, so with a good strategy and some play money just try to profit from some big events, research breaktout-strategy and news short term, research newstrading especially trade market corrections, and mid term research about trend following strategie, like the good old turtle traders, but dont buy any strategys :smile: in information efficient markets no public strategy ever works
jor.acker
2021-04-08 22:13
Thanks!
bierlingm
2021-04-27 16:47
Very inspiring story @michael
vinodgn0088
2021-06-04 15:13
Can anyone provide a list of NASDAQ/NYSE symbols (or a URL to find them) which are highly liquid and good for swing trades
arthur
2021-06-22 19:56
Hey guys, what do you consider as best Broker for long term investments, taking fees / commissions into consideration?
I got my account at Interactive Brokers but they charge a fee per month as well under 100k holdings
vinodgn0088
2021-06-23 02:59
@arthur, If you like IBKR you can try their reseller Trade station Global. They don't have monthly fees.
arthur
2021-06-23 03:02
Hey mate, thanks for your suggestion. Somehow I have never heard of it nor can I find about it?
vinodgn0088
2021-06-23 08:29
@arthur, https://www.tradestation-international.com/global/ I am using it since yr2020
arthur
2021-06-23 13:48
Interesting man, why do they not charge monthyl fees and interactive does? And don't see ETF's on their site, correct?
vinodgn0088
2021-06-23 15:25
@arthur, their trade fees are slightly higher than IBKR direct. I haven't checked about ETF. I think what ever is offered by IBKR, you can get it through trade station global too.
arthur
2021-06-23 15:28
Ok thanks a lot mate!
arommelaere
2021-06-25 04:29
Does anyone tried IC Markets (https://www.icmarkets.com) for stock trading under business entity (UK LLP) ? Any feedback ?
burrup.lambert
2021-07-08 15:55
IB has removed the USD$10 monthly inactivity fee. Reflected in IBKR Lite option.
https://www.interactivebrokers.com/en/index.php?f=1338
burrup.lambert
2021-07-08 15:56
Dear Client,
While many of our clients actively trade or maintain substantial equity in their account, we have decided to eliminate our monthly inactivity fee so there are no impediments to maintaining an account with IBKR.
Effective July 1, 2021, you will no longer be charged USD 10 for not maintaining a minimum balance or transaction activity for account U****. This change will be reflected in your August 2021 account statement.
Our decision to remove inactivity fees aligns us with industry standards and reflects our ongoing commitment to provide clients with low-cost trading solutions.
taylorwalkerllc
2021-07-13 03:46
Do we need to do something to activate it? My holdings are just under 100k$ but still they send me messages they will deduct a fee. Now I also got that email. But sitll strange.
burrup.lambert
2021-07-13 14:41
Probably sent the email out based on some factor, time you've had the account, country etc.
alessio.zazzarini
2021-07-19 13:57
Never tried, but I would be curious too
bierlingm
2021-07-19 19:35
Any professional traders in here? Looking to connect
vaibhav.r.kamble
2021-07-20 21:10
Is anyone using Firstrade broker to take advantage of their 0 commission offer on equity options?
michal.opoka
2021-07-20 21:11
I'm using them, although options trading didn't work very well for me
vaibhav.r.kamble
2021-07-20 21:31
Thanks @michal.opoka, do you mean options trading with this broker or in general? May I know which assets you found your success with?
michal.opoka
2021-07-20 21:40
In general, there is nothing wrong with FirstTrade for options trading that I'd know, I'm just not that good with active trading and prefer long term stock/ETF investing and here problem with FirstTrade is that they don't have non-US stock exchanges like HK
vaibhav.r.kamble
2021-07-20 21:45
Thanks again. This is helpful in my planning!
felix
2021-07-25 01:40
I am new to trading and think about how to structure a long term investment setup. I will mostly invest in ETFs and stocks. Do incrporate a company (e.g. US LLC) or trade on your own name (personal accout)? From the conversations here it looks like IBKR is the platform to go for. What would you suggest?
vinodgn0088
2021-07-25 04:54
@felix, If your idea is to invest long-term, then IBKR is good. You will get access to many stock exchanges in the world and their commissions are reasonable.
felix
2021-07-25 05:22
Yes, I think so as well. I think Burrup recently posted that they have even waived the $10 ?inactivity? fee which is great. Do you trade on your own name or do you trade in the name of your company (e.g. LLC)?
felix
2021-07-25 05:23
I am trying to understand if there is any benefit besides the liability aspect (which should be neglectable when I do simply stock/ETF trading).
vinodgn0088
2021-07-25 06:40
@felix, I am investing using personal account. If you want to use a LLC, talk to IBKR support and make sure your intended setup is ok with them.
bobriakov.igor
2021-07-27 17:09
be aware that US have some kind of extra tax for non-residents for stocks/dividends etc. (I'm not an expert), so if you are non-US resident you may want to look into same ETFs, but domiciled in Ireland.
boggleheads forum mat have some info on that matter
simon
2021-07-27 17:16
ETFs domiciled in Ireland benefit from the Ireland-US tax treaty and its lower withholding tax rate on dividends received from US based companies. It can make sense to use such ETFs if you receive significant dividends income from US companies and reside in a country with no US tax treaty (or a worse rate than Ireland?s).
mikeseo
2021-07-27 19:20
seems most US listed stocks have dividend withholding tax if you're not a US resident. Some shipping companies listed in the US are incorporated in tax havens and don't withhold any of the dividend
umesh.desai
2021-07-27 19:57
you have to file a w8-ben with the broker, to explain why you should be exempt from withholding tax
umesh.desai
2021-07-27 19:58
dividends are always taxed, but trading shares should not be
felix
2021-07-28 09:31
Fizz, dividends are not taxed in SG, same goes for capital gains tax.
umesh.desai
2021-07-28 10:06
You're right, checked again and US dividends have a withholding tax applied at source unless you file a W8-BEN
burrup.lambert
2021-07-28 12:45
Anyone have experience with Open-Ended Fund Companies / hedge funds in Hong Kong? Looking to connect.
mikeseo
2021-07-28 15:19
SG HK UK stocks = no div withholding tax
simon
2021-07-28 16:43
To clarify, withholding tax is paid by the company paying out the dividends, in its country of tax residency. For example, if you invest in a US-based company the dividends you receive will be liable to US withholding tax no matter where you are based / where your broker is based. If you invest in a UK company, on the other hand, the dividends you receive will not be liable to withholding tax no matter where you are / where your broker is as the UK doesn?t have a withholding tax.
marziovit
2021-07-28 20:00
@simon can?t withholding taxes be reduced by using double taxation agreements?
simon
2021-07-28 20:08
Yes, if you reside in a country with a favourable treaty (or if the entity receiving the dividends is a tax resident of such a country).
simon
2021-07-28 20:11
For example, here?s a list of treaty rates for US withholding tax purposes: https://taxsummaries.pwc.com/united-states/corporate/withholding-taxes
michael
2021-08-19 15:28
Always get confused with withholding tax!
michael
2021-08-30 14:54
Thank you for sharing Mario :smiley:
michael
2021-09-14 04:05
Anyone use managed trade services in FX?