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    Never ever come to Kazakhstan if you invest/trade

    You can believe whatever you wanna believe. I read the tax code, and I consulted a good tax consultant. Before claiming that I am making something up first tey to read the tax code
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    Never ever come to Kazakhstan if you invest/trade

    Did i state that Iade 250k? I said I made 200k and have to pay 250k. I made -50k because of taxes, those people that made 4k a year are better of than me
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    Never ever come to Kazakhstan if you invest/trade

    Those f*ckers spending billions on foreign advertisements to lure foreign investors in Kazakhstan. They are just not smart to understand what they want.
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    Never ever come to Kazakhstan if you invest/trade

    They will probably never know. But I would rather pay the amount than having a probability losing more than that and probably serving a jail term
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    Never ever come to Kazakhstan if you invest/trade

    It's not high tax, it's dumb tax. I used to pay 40% tax in my previous residence and I was okay with that. But paying more than you make is ridiculous
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    Never ever come to Kazakhstan if you invest/trade

    I would love to, but I have a family and it is not as easy as it looks. It is not easy getting a residence permit in a civilized country
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    Never ever come to Kazakhstan if you invest/trade

    Basically those f*cker, in some cases take 10% not from profit but from the selling amount. So if I buy something for 101k and sell it for 100k, I have to pay 10% from 100k. And those are normal stocks that are traded at NYSE, NASDAQ
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    Never ever come to Kazakhstan if you invest/trade

    I never told anyone about my money almost nobody knows what I have, but I have to pay the taxes based on the law. And the law states that I have to pay 250k. It is not a matter of me flapping my mouth it's a matter of a dumb tax system
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    Never ever come to Kazakhstan if you invest/trade

    I recently moved back to Kazakhstan. It's my home country, but I lived abroad for a while. I trade for living and I make good money. For the last 6 months I made around $200k. But it turns out I am going to pay around 250k in taxes. Kazakhstan has such a stupid tax system. And there's no...
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    Large options spread

    I didn't say anything about SPY i said S&P constituents
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    Large options spread

    I thought it is obvious. When you buy on bid or midpoint it's more likely that your order is going to get filled when the price goes against you.
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    Large options spread

    Ok, based on the answers there's no trick that helps with the spread. Midpoint and providing liquidity is not gonna work for obvious reasons. @newwurldmn it's true that it's easier to predict volatility. That is the main reason why i think about options, but the spread kills everything.
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    Large options spread

    Hi, I have never traded options, but successfully traded stocks. From time to time I think about trading options. But what always stops me from doing it is the fact that options spread is way larger than stocks spread. Plus it looks like there's less liquidity. For example, some S&P constituents...
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    I think someone found the holy grail

    Soooo, how is your "a 100 times annual profit holy grail"?
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    I think someone found the holy grail

    So you have been active on stock market since the 80s. That's a long time. If don't mind I have a question for you. Have you been able to make good money from the market? How often you find new strategies to trade? The reason I am asking is that, I got lucky and was able to find a very good...
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    I think someone found the holy grail

    If you are just learning to trade, then the situation is even worse than i was thinking. C'mon, don't say that you never average down. I can clearly see from your trades that you do it. There's nothing to be ashamed. Most people in c2 do the same, otherwise how would they fool people with high...
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    I think someone found the holy grail

    How is your holy grail is doing? I see you started averaging up and down. It's a great sign that you are on the right track
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    Advice on how I should Raise Trading Capital?

    My god, man, grow up. You have a family. Of course the dream about being a trader is so appealing. But there is a reason why 90% of traders loose money and othet 9% barely make enough to keep trading. Only about 1% make more or less good money. Majority of people that make money, do that not...
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    I think someone found the holy grail

    Fair enough. It might be i am wrong. I just made my conclusion based on only some of your trades. I could clearly see that your entries and exits clearly aligned with support and resistance levels. But again I don't really know. Maybe you did a really sound backtest and the results were good...
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    I think someone found the holy grail

    I don't think he did that, he based his trades on long term levels almost the same way as you did. And when you choose long term levels as your signals and choose close enough PTs it's easy to get high win percentage for a period when markets ar more or less quiet. Try doing the same when the...
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