Hi I am using a cloud server to execute my trades and it seems that there has been some disconnection lately. Normally my IB TWS will disconnects and connects again when connection is back ON. However I suspect when the disconnection happens too many times TWS does not connect again and freezes...
Thanks so much for your detailed reply.
1. Re IB's family and friends account I got the same info as you have, i.e. IB will happy issue an account to you but will rely on you to follow the requirements under your specific jurisdiction, in this case the SFC. Though I know a friend who has this...
Hi all,
Would like to brainstorm some ideas re trading the HSI intraday.
Do you guys observe any interesting patterns during the first and last hour of trading?
To start the discussion, I find that the HSI is very trendy during the last 1.5 hours of the trading day. i.e. 1430 to 1600 or so.
Hi,
I trade thru Multicharts. Since the internet connection I have at home is not the most reliable I would like to explore rent a remote PC to run my strategies and execute my trades.
Can someone suggest a service provider? I found Amazon Web Services (AWS) randomly, is it a good option...
I was told that since start of this year the large banks in HK dont let BVI companies open bank accounts anymore.
Re trading profit tax i think i will stick with trading with personal account as IRD dont seem to enforce it (like it does with properties).
thanks for participating, good to...
Daal,
I checked, even as a BVI (or any other foreign company for that matter), you will have to pay HK profit tax if your operation is conducted in Hong Kong, regardless of where your company is domiciled.
mcdull:
thanks for your info. i am a hong kong resident. i have another question for you.
as described previously i trade myself and reside in HK. I trade frequently and say I make enough money to buy an apartment. Obviously i would have paid 0 tax on the profits i made. do you think the...