Search results

Stock market is zero-sum game. For example, when the index goes from 20000 to 25000, every participant should gain roughly 20% in average during the time. However frequent traders usually pay lots of money to commission and tax. In my guess, most successful trader is NOT a frequent player.

I guess that she change her trading logic new every day. However, the OP means ten years with ONE SINGLE logic is meaningful or not, I believe.

I agree ten years are enough (significant in statistical terminology). For example, compared 2007 index of 14000 with current Dow of 24000, you are even if your account with seed of $14000 at 2007 is grown $24000 now. Of course $28000 should be $48000 now. Did you? If not, then you are under...

If many are interested, try some coffee shop in big cities.

Mostly I agree. However you should outperform the 1)expense(commission) + 2)index change(not just breaking even account) + 3)tax rate (yearly 1040). Probably the difficulty comes from 1)and 3) is easy. In order to follow just 2) to track the index without outperforming, then simply buy SPY...

No matter account size is 30K or 300K or even 3000K, yearly annual return cannot be 20% compounded. (SO monthly return cannot be 2% on long-time average) Recall that the stock market was running roughly 400 years since the Dutch. Suppose any ONE SINGLE TRADER was keeping annual 20% for the...

The PnL above is before-tax(commission+tax) or after-tax? For a simple example, let us suppose PnL is gross 500K (after tax) for the last 20 or 30 years. Furthermore our expense (commission+tax) is also 500K (tax of 450K commission of 50K). / In short, expense rate is 50% (=500K/(500K+500K))...

Dear- We all know symbol of Microsoft is MSFT. Where can I find symbol for bitcoin, many futures? Appreciated if someone show me the link. -Jay

Changing location might be very good idea. 1) One can avoid cold weather in NY 2) Rent in Vietnam is a lot cheaper than NY 3) One can save lots of tax, hopefully high income tax in NY (state and federal) Tell me other advantage.

In the worst case that one of the four countries is bankrupt, we can save the principle almost for two next years if the average yield is annual 10% compounded.

Furthermore, I can see Egypt+Mongolia+Ukraine > 10% , as shown at https://en.wikipedia.org/wiki/List_of_countries_by_central_bank_interest_rates

Dear- Some country has huge prime rate > 10%, such as Brazil. If someone satisfy > annual 10%, one can try to invest CONSERVATIVELY to the nation instead of fluctuating stock market. Of course, there are risk of exchange rate and default. Is there any retail brokers for the bond, such as IB...

Furthermore, I would like to know brokerage comparison for many countries, such as Singapore, China,Philipines, ..... Of course best broker in each country too. PS) Like the interest comparison by each countries as shown in...

Foreign broker cannot be cheaper than domestic broker inside Singapore. Probably it is since two brokers charges together for connection charge. I like to know cheapest brokerage for domestic broker in Singapore, as well as their tax system (transaction tax or annual income tax?).

Great. Appreciated you might give me what I am waiting for long time.

Possibly you mean we can use R to connect servers of "TD Ameritrade, E-Trade and Tradier". If there is some known tool in R 1) to login 2) to get what I hold currently 3) to send my new order (matrix) to their server then, please let me know. More brokers supports Python than R, for API...

If I am correct, TradeKing was ONLY ONE broker which support R. So possibly there is NO (more) broker which use R, in US. However there are many which supports Python, which I am learning recently. Here is IB connection via Python.

It is just a personal reason. Recently many have favourite language, such as R or Python. I became R user by chance.

It seems that TradeKing is closing to be another broker(Ally?), based on their website TradeKing.com How about their privious API connection by R (https://www.r-project.org/). Possibly, the new broker MAY NOT BE CONNECTED by R API. Is it true? Appreciated if someone tells me what I am...

Idiot should leave soon after cashing all equities. "No phone, it is idiot"