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    Next financial center: shanghai?

    China has 0.1% stamp tax only on stock selling. Stock purchase is not taxed. China's capital gains tax is 20%
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    If you apply to 759 jobs and get 0 is it you or the jobmarket?

    I know some major companies in NYC are going to either outsource their entire IT departments to India or hire H1B to replace the layoffs later this year as a way to reduce labor costs. They have already closed their software development departments last year.
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    best way to get fired so I can collect unemployment and jumpstart my trading career?

    Or if you don’t want to burn the bridge, just negotiate with your managers saying you have some sort of serious problems e.g. mental/physical, in dire situation, need to take immediately care of and need the money badly. Usually they let you get unemployment benefits plus severance packages.
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    best way to get fired so I can collect unemployment and jumpstart my trading career?

    Actually it is very easy to get fired. Just doing nothing for next couple weeks. You manager will think you are inadequated for the job and fire you.
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    Forex is a scam.

    I have used live intraday charts and quotes from dozen forex brokers almost everyday for years. I have found there is no major discrepancy in prices and movements among these brokers. If there were big discrepancies, I would have exploit them already. Use ECN brokers, if you don't like brokers...
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    10:1 could be the new leverage rule

    Leverage or not, 95% of people fail trading anyway. Do you really think people trading stocks with zero leverage will not fail? Isn’t it good their trading account gives them strong feedback when they fail at $1,000 instead of massive loss at $90,000.00?
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    German Chamber of Commerce warns China : Plagiarism must end

    Why Google Is Quitting China Rebecca Fannin, 01.15.10, 04:40 PM EST It's not censorship. The search giant just couldn't compete with Baidu.... (Baidu out-innovates Google.) http://www.forbes.com/2010/01/15/baidu-china-search-intelligent-technology-google.html?boxes=Homepagechannels
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    Dukascopy

    ... Accepts U.S. citizens yes http://www.forex-learning-site.com/dukascopy-forex-broker-review.php
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    10:1 could be the new leverage rule

    Foreign fx firms outside of US don’t really follow the US CFTC/NFA rules. They follow the guidelines set by their own government. You can trade whatever leverages they give in their countries unless their regulations specifically forbid US citizens to trade in their countries, which is very...
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    50-100% monthly returns

    Wow. Then you must be the richest person in the world. How come you are not in Forbes' billionaire list? Warren Buffet has a net worth of $37 billion USD and you beat him by a mile. Compounding at 2.8% for 18 months starting with $10,000 is $180 billions USD. Assuming this amount has not...
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    Career advice for salaried worker

    He is probably a financial analyst. I know some analysts in major firms work long hours like him . All they do is staring at bloomberg news terminals from morning to late night and repeat the whole thing again next day. It maybe boring but the pay is great.
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    India to overtake China in 2020

    Christians in India Faced Three Attacks per Week in 2009 NEW DELHI (Compass Direct News) – After unprecedented large-scale attacks on Christians in the previous two years, 2009 brought hardly any respite as the minority faith faced an average of more than three violent attacks a week...
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    China Sticks Goldman with the Bill!

    “A democracy is nothing more than mob rule, where fifty-one percent of the people may take away the rights of the other forty-nine.” Thomas Jefferson In reality, no nations in the world have true democracy. One group will always rule the others.
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    1/4% Tax on all stock trades pushed in NY Times today

    Only this year, US got the cooperation from Switzerland on investigating oversea tax-dodgers. I have never heard US gets cooperation from other nations over this matter. Last couple months US is targeting on tax evaders in Hong Kong. So far its investigation has not gained any ground yet. Even...
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    1/4% Tax on all stock trades pushed in NY Times today

    The fact is not all countries will cooperate with US. There are 195 countries in the world. Only approx. 100 countries cooperate with US on the US extradition law, and it wins the most cooperation internationally. Maybe the US transaction law at best will get 30 countries to cooperate. To get...
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    1/4% Tax on all stock trades pushed in NY Times today

    Not possible. It is impossible to enforce US laws on foreign brokerage firms in other countries unless other countries cooperate. Of course, if you trade US securities oversea through foreign brokerage firms, then you you have to pay US TT. Beyond US borders, US are pretty powerless to do...
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    1/4% Tax on all stock trades pushed in NY Times today

    Actually he doesn't know what he is talking about. It is an impossible task unless the whole world financial communities cooperate.
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    I just made a HUGE noobie mistake.

    Volatility is normally high near holidays. You could make a lot or lose a lot.
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    has problems with this company Next Level Trading Capital, LLC

    I heard this company is currently under the joint investigation of FBI and NY police. The company proprietors disappeared after they had cleaned out all their clients’ money (>$2 millions). The FBI has frozen their bank accounts and tried to hunt them down. Many traders have filed criminal...
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    College Degrees More Expensive, Worth Less in Job Market

    College Degrees More Expensive, Worth Less in Job Market By KRISTI OLOFFSON Kristi Oloffson Wed Dec 9, 4:20 am ET Employers and career experts see a growing problem in American society - an abundance of college graduates, many burdened with tuition-loan debt, heading into the work world...
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