Search results

back up to today. got cute and was down $1,200 in the first 45 seconds. did a somewhat rational size up a couple minutes later and reversed it to up $1,700 (rational= not just buying back after a stop out with no regard for price action and way too much emotion). from there it could have been a...

thursday. for the 4th night in a row, i started off up over $1,300 and had visions of a good night. in short order though, i urinated it away and really got myself in some fairly deep feces (-3mm). unlike the previous night, i actually traded my way out of it with some modicum of discipline. it...

not sure if i'm going to keep this up or not, after having my posts deleted and threatened with being banned for using a word that 7 year old get in trouble for using, but usually not adults (George Carlin is now spinning in his grave). note to other posters: never use the term goat, ummmm...

looks like the collective knowledge in the thread has sent the new member offshore expert on his way. i'd love for his 'make 1mm, pay yourself 87m tax free and keep the rest in your offshore corp also tax free' fantasy to be true. unfortunately, there are no real easy avoidance measures...

spoken by someone who has never done it. go ahead and contact a reputable non-US broker (ie: someone where a trader would put his money and would trade thru- that includes having commissions that aren't 5x what you pay now)). even with the shitty commission places, they want all that KYC AML...

'USA...is the biggest "offshore" haven in the world" ha- my friend says that all the time. my understanding is that your case is different from mine/OP's. you have a business, employees, B&M, etc. for me though, the fact that the foreign llc is owned by me and is simply what i do my...

the only reason this stock is not at zero is because of the lack of borrow. i cannot construct any scenario where common equity is worth anything. it defies logic that this thing is trading with a mkt cap >$1b.

don't be silly. they'd never downgrade their pay and benefits to the level of mere govt employees. with Obama running the show, the UAW will own detroit. i'm sure they'll do a great job running things too...

Bob. i was addressing the contention that setting up an offshore company in a legal transparent way, giving IB genuine documents (ie: YOUR ID) they ask for... that this would provide any tax advantages. as to plenty ways around it.... if you could name any of these 'plenty' that are...

oh come on- you're happy for my post, it gave you an opportunity to make a sales presentation (i'd bet you're now getting PM's).:p :eek: the OP is an American. the gist of the thread is obviously an AMERICAN TRADER trying to minimize taxes (i'll give the benefit of the doubt and say 'avoid'...

i see guys like you making these posts where you act as if you're projecting actual personal experience when all you've done is read what someone like you wrote. i challenge you to open your offshore llc and have that company open an account with interactive brokers for you to trade. every...

nice steady month with a strong finish. appreciate you posting the detail. i have no exposure to such info from other traders, so it's interesting to get a feel for what others do. as for it being 'piker pennies'. i felt the same way when i was making $25-30m per month, until i fell apart and...

a fairly steady day for me, actually. testicularly (and acct balance)-challenged, so the net's nothing to be excited about. was pretty disciplined most trades and was disciplined enough to stop at the time i'm supposed to as per my new trading rules. still, it's SOOOO hard for me to stop. i'm...

we'll see whether i actually stop here; trying to twist my own arm by posting my P&L now so i don't turn frustration into an implosion. any reasonably adept trader who had sat thru even the 1st 2 minutes of a chart reading for dummies class would have absolutely killed it in HK tonight, and...

thanks. funny, for whatever reason, it has never occurred to me to short against the index. worth looking into now that the obvious is once again obvious to my aging mind!

what currency to short against though? with the US fucked, much of the world becomes at least equally fucked. the Euro and Eurozone has many issues that make it unattractive to me. i've been long Aussie vs dollar for a few months, i've looked into norway, but haven't taken the step tp open an...

with asia and the DAX off for may day it was an off day. decided to turn on the computer for the last 40 minutes and trade the R2K for the 1st time in over a year. with my Nostradamus like abilities, i was soon able to make my stop the low of the day- hey, i've still got it! got back above even...

hey Kiwi. when did you start trading the HSI again? yeah, that drop was puzzling. i was looking at my news feeds trying to figure wtf was making everything drop. it was weird, cause HK dropped like a rock right away and the NK delayed a bit, as did the others. the ES didn't drop in the...

i'll try disabling charts and see if the problem goes away. btw, you guys using sierra and the others, is your data feed into them IB or a 3rd party vendor? if you're using IB for data, do you find that it lags in filling in the charts? what i mean is that you might have a volume spike in the...

a good day, i suppose. it's embarrassing how, once i'm up for the day, i get afraid of losing (granted, there is a basis for this, as i can't even count the # of up 2-3m days that i've turned to down 8m, 15m, 40m, etc etc ...). thus, another day that would have been huge before is just ok...