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Oh, and about whether you need to report your income in your home country... I would suspect so, but I am not familiar with the income tax laws for your country. (You didn't even say which country or countries you are a resident of and a citizen of, but it wouldn't matter, if it isn't the...

The US is one of the few countries that taxes its citizens when they live abroad. That's a pity. But, fortunately for you, the US does not (yet :-) tax the income of citizens of other countries that live outside the US. The US tax code does not apply to you. That being said, the US tax...

Thanks for the Barry Rudd recommendation, Karabugla! _Stock Patterns for Day Trading_ and its sequel look interesting. Does anyone want to sell either one for $25? Aaron Schindler

For those of you who are CTA's or manage hedge funds... How much do you pay to have other people bring in investors? I've got someone who is willing to sell the Schindler Fund (my managed futures fund) for me but wants a cut of my fees. The fees are 2%/20%. What would be a fair compensation...

I've heard that Man Financial provides multicurrency futures accounts. I wonder if it is coming soon at IB or just on the "wish list." Aaron

And even for gaming the Matrox G550 works fine unless you play fast 3D games like first person shooters or flight sims. I've had no problems playing Civilization III and Empire Earth at 1280x1024 @ 60 Hz resolution.

Instead, Todd Snively took the opposite side of every trade. As the trades were never placed on a registered futures exchange, they therefore never existed. Evidentally he heard that 90% of futures traders lose money, so obviously the people that take the other side of those trades must make...

*laugh* I'm dumbfounded by most of Murray's posts. Is there someone inside his head trying to communicate with the outside world?

Where are order imbalances published?

Cooltrader... One other study I did you might find interesting... I compared the fills in the big Nasdaq and the e-mini. The study was conducted by repeatedly entering market orders for 5 e-minis and 1 large Nasdaq at the same time. I alternated which one got entered first and they both...

When do Dax traders roll to the June contract? I would have thought it would have happened by now, but the liquidity appears to still be in the March contract. Aaron Schindler Schindler Trading

Market orders have slippage problems but limit orders have "getting filled" problems. I measure slippage as the difference between the last price when I enter my order and the price I actually get. When I use market orders I usually get a tick or so of slippage on every trade. When I use...

Good thing I saw this thread. I knew that IB reported futures profits gross of commissions and I even called their customer service to complain about that when I got my 1099. But when I saw this thread I couldn't remember how I accounted for the commissions in my tax forms. I checked my...

I've bought a lot of futures data from Tickdata over the years. It is always clean. They also have useful software for creating continuous contract files and compressing the tick data into 1 minute, 5 minute, hour, day, etc. files. Aaron Schindler Schindler Trading

When talking with my trading friends Elite Trader has gone from "this great website you should take a look at", to a website I'll mention if they ask. I still find useful content here since Def stopped posting interesting things, but I don't spend as much time here. In fact, I'm using...

Thanks, everyone, for your replies. A couple people said your P&L in different currencies will be held in that currency until you need to convert it. Does that mean your account will have balances in multiple different currencies? Like I might deposit $10,000 but after trading I might have...

I've heard that Mann Financial offers multicurrency futures accounts, i.e. an account that you could trade both US and international futures through. Does anyone have such an account through one of Mann's IB's or anyone else? What IB do you use? How does the currency translation work...

The difference between an investment club and a hedge fund is that investment clubs are usually general partnerships and hedge funds are usually limited partnerships or limited liability companies. There is no law that I know of prohibiting any of these three types of business entities from...

It's always on the first Thursday after the first Friday. That is, it is always the first Thursday unless the first Thursday is the first of the month -- in that case it is the second Thursday. Aaron Schindler Schindler Trading

Nasdaq posts their pre- and post- market indicators on their website nasdaq.com. I check them on occasion. My preferred pre-market indicators, though, are the e-mini's on Globex. Aaron Schindler Schindler Trading