Thanks for the correction Elvis. I'm not a US citizen, not even a resident. I was just offering a "solution" I came up with on the fly.
Stray Cat and Tea, you are right to object. However, man has always attempted to gain whatever advantage he can. Some offer help in this regard for hope...
How is this so? You exit the US with your US passport, enter the Ukraine with your Ukrainian passport and re-enter the US with your US passport. Not so?
I'm not sure what you are asking there. You intend to trade remotely? As a trader (not a principle) right? What purpose would there be in moving your operations to Brazil then?
If all you want to do is trade remotely, you can simply trade with your current US prop firm from anywhere you can...
Vlad, the problem of having to surrender your current nationality upon becoming a US citizen can be circumvented, albeit illegally, if you were born in a country that denotes citizenship rights to people born within its borders or to people born of parents of its nationality.
So, the process...
Enter long or short randomly and cut your losses quickly.
Don't be too quick to deride this method for its simplicity. I have an elder brother who learnt his craft doing exactly this.
Actually, bungrider, I've had the pleasure of making the acquintance of a couple of sociable members of this board already. Your concern over the matter, however, is noted and appreciated.
Obviously I have raised issues quite dear to you. If only you could learn to express your disagreement...
This thread's banishment to the nether regions of ET that is ChitChat is confirmation that both the members of this board and its management are wilfully ignorant of the economic reality that is shaping their lives. How utterly comical that such a group considers themselves "elite" traders!
Dear John,
Given the lack of real substance his post seems to have illicited, the aforementioned alfonso might indeed be better served by focusing his attention on the markets. Bear in mind, however, that alfonso has little interest in trading in such a manner that requires aganosing over...
A business owner that opens a convenience store and the border jumper he employs ( :D j/k) are equal business partners?
That's anything but obvious to me.
From the self proclaimed "Home of Liberalism on the Net", TurnLeft.Com :
"We spend most of our lives working. Work is the foundation of our economy and a major part of the glue holding together communities. The employee is an equal business partner with the employer, and as such, has the...
Yes, I've noticed that there are many here that post quite discouraging remarks towards new traders. (I guess even I could qualify as one of those.)
I'm not particularly worried to be honest. I have two brothers who have done phenomenally well in the markets. I couldn't ask for a better hand...
Might I point out the fallacious logic of your statement, sir? If those guys were trading on a longer term and taking "huge" positions they would be far more likely to last less than five months, let alone five years.
John Q, I must admit, I find your facetious style highly entertaining. The one about the sugar market of '06 being a great one yes-sir-ee was side splittingly funny!
BTW, you wouldn't happen to play bridge would you?
(See, I'm learning.)