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    Dual residency: Open account as foriegn or US trader?

    I am resident in Spain, trade with an American broker for a offshore company registered in the BVI that banks in Switzerland. I pay no tax.
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    how does a newbie learn?

    I think a real good way to learn how to trade is to trade, with real money so as to get a handle on the emotional aspect. Burn and learn. Thats how I was taught.
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    Would the smart thing this year for wallstreet not to take the bonuses?

    About 50 to 60% of traders at banks have a minimum guaranteed bonus.Most of those have guarantees that run for next year too. Rule number one is always get paid. Rule number two is always get paid first.
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    The Amero coming your way!

    Folks...the American public will never give up the dollar.Ever. It would be like asking them to change the Stars and Stripes.
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    Is it possible to be both a scalper and an intraday position trader?

    long term trade is a scalp gone wrong!
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    How much did SAC lose on Volkswagen?

    Rumour in Frankfurt is that the Jerry government , who btw own a big chunk of VW, were leaking info and dropping hints to some auto analysts in early Oct. about the possibility of a''mexican style stand off '' develping between hedgies and Porsche... Make your own minds up.
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    The Next Big Thing

    Well Im extremely impressed...just finished reading the Last OIL Shock, which scared the bejesus out of me, so this makes me feel better:)
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    Fallout

    How do you think trading is going to change in the future due to the current situation. Do you think any new regulation will have any effect on independent traders. Is anyone worried. sorry I cant find the question mark on this crappy french laptop...
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    The Next Big Thing

    But how much will it cost...
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    A recession is much, much worse than high inflation?

    Tell that to the people in Malibu!!!!
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    whip saw action is severe-very tough

    From 0800 CET which is 0200 EST. I take lots of 5/10 min. breaks away from the computer and usually stop for the day at around 1800CET.
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    A recession is much, much worse than high inflation?

    Recession is the economic equivilent of a forest fire... nasty in the short term , beneficial in the long term.
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    whip saw action is severe-very tough

    My clicking finger sure does get a workout . Actually my trading has gone back to basics, There was a time I traded using 5 screens , multiple time frames and all sorts of indicators. These days I just trade off my laptop....1 market 1 screen 1 chart
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    Scalping

    DAX.
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    whip saw action is severe-very tough

    P/L for the day. There is an excellent post in the Career forum that perfectly descibes what scalping is. Give it a read.
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    whip saw action is severe-very tough

    Who cares which way the market goes :)
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    How to stop trading?

    It is impossible to trade without a clearly defined strategy...
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    Scalping

    Thats actually the best definition of a scalper Ive read....very well said. If you dont mind I would like to use that in the future.
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    Scalping

    196 RT trades 44 losers 153 winners I use tick charts and 1 min. The 200 ema is for reference. Basically its trading 101 condensed into short term charts. I use very short term trend lines , short term support and resistance .I dont include them on my screen . I rather just visually...
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    Buffett's Berkshire at $150k a pop

    The guy is legend and unique...so what happens when he dies? Its a long way down from 150k!
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