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With no tax game, such as war, most game is 50:50. However, with tax (commission) such as security trading and blackjack, successful trader might be ONLY 10% or less in the long run. Most zero-sum game may be around 50:50. Many research paper support it, such as...

I agree that it will be VERY difficult to make a strategy, 1) with 10% success rate and 2) with 90% rate. It is probably because success rate in most game will be between 40% and 60%. For example, Baccarat has 48% success rate, if I heard correctly. How about lotto? Many different style of...

Probably, your cash of 30K will be used to BUY of 60K (cash30K + loan 30K) The ratio of 50:50 varies time-to-time, by FederalReserve, not by each broker. Back in 1920s before Great Depression, the ratio was 10:90 which was reason for the Great bubble. There is some youtube clip, to show a...

Furthermore, if Sanders win the campaign, then possibly there WILL BE additional 0.25% of trading tax (amount of buy/sell) in US market too, like UK 0.5% and HK Korea of 0.3%.

My fault, stamp tax and corporate tax. As individual investor pay income tax for the portion of profit, does American company (running ETF/fund) pay corporate tax....? A beginner may have wrong idea, so please correct my understanding, for me to appreciate later.

If I heard correctly, most ETF and fund already paid appropriate stamp while fund manager in the company buy/sell. For example, suppose you borrow my cash and run the cash for a year of trading to return back to me, then there is NO tax on money transfer between you and me, after one year...

Many (most?) countries does not charge tax to ETF. I think it is since the company running ETF already paid corporate tax and etc. So UK ETF is not the only ETF with no stamp duty.

I agree yours that it would be helpful for IB, to let them know before a customer change broker forever.

0.5% in UK might be the highest so far. (China 0.1% and HK and Korea 0.3% if I heard correctly) For example, if you trade any UK equity (no matter where you lives and no matter which broker you use), say roughly everyday buy/sell with initial seed. then it takes less than a year to accumulate...

Thanks for the link. Hope to avoid any county with >40% for income. Someone compare tax rate of each countries and recommended Latvia and others (tax-wise) in some other posting many years ago.

[Global] BTW, let me ask one. I heard UK is one of the few countries, that charges transaction tax for trading. If I heard correctly, HK, China and Korea charges 0.3% for the amount of trading. What percentage in UK (so called stampt duty?)

Good to here. Probably >90% of ETers are in US based, in my estimate. That is why I regarded you as US tax payer. Sorry for misunderstanding. PS) Could you show me link to explain annual income tax bracket in UK?

In addition to commission for each brokers in many countries, there are different tax bracket. That is another reason to possibly fly out of US. Highest bracket in 1040 in 2015 is 39.6% as shown in...

My friend already use web scraping of well-known yahoo/finance webpage, to feed current prices of 200 watchlist. (although yahoo's data is NOT realtime) Since it is done already, hope the crucial 5 data in the original OP can be downloaded. PLEASE note that I have to trade many broker in many...

Still not quite sure to understand API for the (1). Why broker does NOT explain to a customer like me? Hope them to clearly show their API code in R/Python. Sometimes customer RUN away forever, for lack of API understood. BTW, are you SURE that (3) can be implemented by API, not by web? If...

I like to fix my trading tool in ONE format, since I have two different accounts in different country. Instead of adjusting each different layout that is ALMOST IMPOSSIBLE, hope to use my own SINGLE trading setup. 1) download a few screens (five as above) into csv file in my local PC. 2)...

Furthermore, studying individual API takes lot of my time. Also, if I find helper to save my time, usually it costs four digits of valuable my dollars. Please tell me now, if anyone gladly help me API work, for three digits of my dollars. There are a few books on web crawling, in python...

Good point. However, APIs are all different in every brokers so that we should study every individual API whenever we change broker. However, web is pretty much standard all over the world and it will last next 100 years. Therefore it is easy to change broker, without addicting ONE BROKER long...

Before attempting (easy and automatic) crawling as above, can we download the five files into csv in local machine, MANUALLY by clinking right-button in our mouse?

Dear- When I login IB webtrader in the chrome browser, I can see main menus 1) balance 2) Market value 3) Position 4) Portfolio 5) Order Management as you can see also in your screen. Now, is it possible to download those 5 data into corresponding 5 separate csv files in my local PC? For...