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  1. J

    IB Exposure Fee

    Thanks Grdr. Personally I have only few weeks of experience in NYSE, although I have more than 5 years in stock (equity) market outside US. Al of my experience is two purchase of C and DD. Furtheremore, I have NO experience in future/option AT ALL in my life. Never open any account for...
  2. J

    IB Exposure Fee

    Forgive my English and lack of NYSE experience. 30% margin means 1) purchase with 30% cash+ 70% loan 2) purchase with 70% cash + 30% loan Which one (out of two) does it imply?
  3. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    I understand that any CapGain from equity with the above condition is NOT taxed, am I right? But would you find out their bokerage fee in Luxembourg, and more info on yearly cost of 50K Euro of 100K Euro? The 183 days is same as a requirement of living at lease half in Luxembourg...
  4. J

    IB Exposure Fee

    This means that, since whevever IB want, they can charge any extra fee, one should prepare whenever he want to move. I mean that we should always prepare other broker, for worst case possible. Do not addicted to ONE BROKER. It can betray you anytime. Also good to open other accounts, at...
  5. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Forgive me for the duplicating. I just happen to think about the accumulation of the trading tax. It won't happen again.
  6. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Furthermore, depending on trading style in how often you trade, one should calculate the yearly brokerage, even though the country does NOT have CapGainTax. For example, for the country like HK, there is stamp(trading tax) of 0.3% no matter where you live. Let someone start with 100K and...
  7. J

    Anyone successful for "contingent order" using API?

    Please do NOT think about how to generate 10 by 5 matrix,. It is my work to do.
  8. J

    Anyone successful for "contingent order" using API?

    Hi, For example, there is "contingent" order, in Etrade, that works fine. When MSFT hits $40, then submit regular BUY order at $38. However we SHOULD type each time for each equity separately, which is time-consuming. To save labor, one can make, for example, 10 by 5 matrix MSFT...
  9. J

    tradier API

    As far as I heard, it might be true that some Apps can take your personal info, such as order status of security as well as it can take your picture to send them, even without notice to you. Most time you ALREADY signed to allow their manipulation of your iphone. Be aware of that...
  10. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Let me explain briefly with some simple example. Suppose one has before-tax annual return of 30%, with initial cash of 100K. 1)If he pay 20% of CapGainTax, then his life time profit for 40 years (from 30 to 70) will be 100K*1.26^40 = ] 545591.3K However, 2)If he pay 40% of CapGainTax, the...
  11. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Worst scenarios is, for example, GS trade often the SamSung listed in Korea, with a lot of trading tax to Korean gov. / And also it pay company tax to US gov since GS is in US tax boundary. If so, I won't do it if I am a GS professional(institutional) trader. NEVER. For example for a year...
  12. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    I am fully agree with your kind explanation. I heard French has more CapGainTax rate than US so that LiousVuitton is moving our of the French territory, for its hugh company tax rate. Also, if I heard correctly, NIKE already moved their headquater to Iceland where they want more company to...
  13. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    My guess is that for the DIVIDEND, most countries charge 15~25% for the CapGain. I mean gov take about $20 for yearly dividend of every $100. Same is true for most countries so that it is NOT main point here. Here main point is the difference between CapGain and stamp(trading tax)...
  14. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    I agree that my English is below average as well as spelling. Now, suppose you are in US tax boundary, do you pay HK stamp tax, when you trade HK stocks using your US-based security account? If not sure, please call your broker to find it our for sure. Actually I am out of states now, so...
  15. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Let me point out one that you may be wrong. As far as I know, There are ONLY TWO(?) countries which charge trading tax, while most countries like US and UK do not charge. If I am correct, HK charges trading tax in addition to brokerage. Therefore it does NOT matter whether you makes profit...
  16. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Thanks for letting me know. Probably it won't be changed long time. Any other state with similar law?
  17. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Please note that MT has less tax than WY. If I were you I would check their home price since home prices is a major living expense, even if you bought it with all cash I assume both states has similar fishing and hiking environment, although I never been there before.
  18. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    After you retire, usually you do NOT pay income tax because you do NOT have income from labour. But you may have CapGain income from your asset after 65. I guess that you better to check the Sales tax rate in Wyoming. After 65, most tax comes from living expense, not from labour. Am I...
  19. J

    Successful traders: why don't you move to a 0% capital gains tax country?

    Probably it might be because someone need more money (than before) to maintain his life. Or some institution need the money to maintain its building too.
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