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Not my words. I was quoting OP (propwarrior).

This thread talks about Singapore which is known as the Switzerland of Asia. It is ideal for investors. Don't even need to think of ways to beat the system of tax slavery on your futures capital gains. Not paying taxes on gains is legal in Singapore. Zero capital gains tax...

Both will be of interest.

What are some good books on trading stock index futures? It will be nice if the book talks about short-selling using index futures as well. Thank you.

Thanks for your answer. Since interest is charged, it seems much better to do the conversion. I agree with you. Nobody knows about future FX movements for sure, but interest will be charged for sure.

For end-of-day stocks data, I subscribe to Reuters Datalink. It is the cheapest option with quality data that I can find online. Most value-for-money. If anyone knows of better vendor, please share it here.

It must be and better be hard to make money from financial markets. If it were easy, everyone would show their bosses the middle finger, quit their jobs and play the markets. If everyone does that, what is easy becomes hard. Therefore, even if it were easy, it won't stay easy for long for just...

Suppose a IBKR client margin account is entirely in USD. He wants to buy Nikkei futures in JPY. Would it be better for him to convert to some JPY in cash to maintain the necessary margin for the Nikkei futures or remain entirely in USD? What happens if he chooses to remain in USD? Will it result...

For IBKR customers who trade both stocks and futures, they need to decide which sweep option to choose. This is a headache for us. There is not much information out there for the decision. For the time being, I choose the "sweep to securities" option because of the SIPC protection based on the...

I have been looking at the Nikkei futures. It seems to me it is a no-brainer to trade the Nikkei futures contracts from Osaka since they are the most liquid and enjoy the narrowest spread. CME and SGX offer similar Nikkei futures contracts. I do not wish to dismiss them straight away. I am...

Exactly. Why would someone leave their home to work in a foreign land, if not for better opportunities?

Curious what are the other popular index futures besides the usual NQ, ES, YM.

Do these places have zero capital gains tax and low income tax? Singapore enjoys zero capital gains tax and low income tax. It is an investor/trader's paradise.

Louis Bacon is down 2% this year through June. What really puzzles me is why former hedge fund stars like him have been performing so poorly throughout this 8-year stock market rally? Shouldn't it be a breeze for them to earn money? It's not just S&P500 that is performing superbly. It's a global...

I have never bought a futures contract before because I am terrified of the leverage. I am primarily a stocks only guy. I intend to try out futures soon. So, for stocks index futures, it seems like nothing serious happens if one forgets to roll-over as they are cash settled. Hmm ... wouldn't it...

Thanks. If I am trading only a few contracts, does it make sense to simply buy the front month since the roll-over cost is low? There is a risk of forgetting to roll over if one has to roll over every month, though.

Without googling the details, I remembered off the top of my head that Interactive Brokers was indeed the cheapest among all the available brokers. Cheaper than even the domestic brokers.

For a day trader, I think it makes sense to always trade the front month on a new trade or roll-over. What if the trader wants to trade the stock index futures on a longer term period? He does not know how long to hold as it depends on the market performance. What criteria would elite traders...

Thanks a lot for your help to a newbie who is still learning. May I ask do NQ continuous contract charts have gaps every 3 months due to the rollover and contango/backwardation effect? Or are these effects smoothed over by the vendor for the purpose of chart analysis? I don't see noticeable...

I would like to do longer term trading on the NQ using end-of-day data. The problem is that each NQ contract is 3 months (or 90 days). How can a longer-term trader use 150 days moving average on a NQ contract which does not last >100 days? How do elite traders solve this problem? Is it...