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Let's say that profits are $1 million a year. I don't see how it's possible to get the money out.

But how does the money come out?

This is interesting! I was hoping something like that would be possible. How did you set up your company in the BVI? I'm American but my wife isn't so that may be the best option. EDIT: Just googled it. Seems pretty simple and common. If anyone has is using this approach I'd love to...

Hi, I have dual nationality and residency so I can open a futures account as a US resident or a foreign resident. I'm curious if there are any advantages to either. I understand the capital gains taxes for futures in the US, but for foreign residents I really don't know how that works. If...

Longer term oil chart, this is 60m (other is 15m). I use 60m for trend and channels and then 15m for entries and exits. Sometimes 5m to see the volume patterns going on.

Euro in same situation. If oil & euro continue down and the S&P goes up, it'll be a de-correlation. A big move should result. I'm short euro from 1.275 if we confirm breakout up on these I will reverse and go long..

Crazy action today, oil is trying to breakout of its down channel (several trend lines) and this triangle consolidation. Volume is picking up and price is going down so the breakout on the upside looks to be a false breakout. I'm short from 63.50.

Thanks. I've been totally off yesterday and today. I can't get on the right side. It's very frustrating. The dollar doesn't know if it wants to pull back or make another attempt at going higher. Oil & Euro are in limbo as a result. Oil is following the S&P and the Euro at the same time...

Sorry I can't help you there. I'm just learning options myself. I trade futures. I think it's much easier to trade. The options strategies are quite complicated. I suggest starting with stocks (USO for oil) and then once you master that try futures.

Didn't know that existed! I've heard of SSF but didn't know they had them for smaller companies. I'm not concerned about liquidity since this will be a buy and hold. I'll check it out..

Thank you. I know I sound like a complete idiot who's about to buy options as soon as I get done with this post but that's not the case. I'm an experienced futures & stock trader I just don't have any experience in options. I'm reading a book on options so I'm going to compare your...

I asked my question so that I can focus on the strategies that are appropriate (many are not) for my situation. No hurry but as the price advances I think the option premiums will advance too. This is a side bet for me. I mainly swing trade futures and also some long term stocks. I figure...

I have a few stocks that I expect to double in price and I'm curious about the best options strategy to take advantage of this. I would just buy the stocks in question but my funds are limited so I'd like to profit from leverage. Should I do an outright call? Let's take a specific...

I wasn't expecting a 13% gain and it happened while I as work. :( I can justify trading full time now, I loose too much money at work.

He had a bad experience with the Société Generale trader, and then recently some traders of another bank lost 600 million and it was a small bank that didn't even do loans, all they do is basic savings accounts! France is way too socialist. Their answer is going to be to socialize the...

The French keyboard is the most screwed up keyboard I've ever seen. The most used keys require alt combinations that make it impossible to use. I map my keys to US International. I touch type so I don't look, but it really annoys my French coworkers when they try to use my computer.

I agree with your point of view. However I think the indexes will test their 2002-2003 lows, that's 7400 for the Dow. I think this will happen very soon. Dow is already at 8000. We're talking two 4% days and we're there. From there we rally hard and furious, gold & oil will go with it. I'm...

I was expecting it to go the other way. Sat here all day and in the last 10 minutes all heck breaks lose. I quickly added some YM shorts and I'm up a ton. Now I'm debating if I cover or let it go overnight. I'm afraid I'll cover and then wake up to the markets limit down.

I trade nasdaq futures, I'm curious what advantages options have over futures.

As anticipated, the indexes rallied and oil went above 63. I went long at 63.14775. It wasn't as easy as it sounds because it whipped around 63 quite a few times and I took a few losses. Finally said I had to give it lots of room and I did and off it went. Part of oil's run up is due to...