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who can i ask? Do you have a reference of some sort? And how do i find what tax bracket im in?

Hi. I am an american living in korea. I started to trade stocks on the korean market. Do i have to pay taxes? if how do i find out what tax bracket i am currently in? Also how does this tax system work? For instance do i have to pay taxes on every transaction i complete or is it on the...

i had heard it was the first hour and last

Not sure. i dont have the ib account yet. theyre telling me i need atleast 10,000 to open. but considering im a newbie to this trading im thinking thats a very quick way for me to lose 10,000.

my broker does allow it to its own citizens but im an american currently residing in korea. korea bullcrap laws doesnt allow foreigners to short sell because we're basically borrowing the money. I guess it makes some sense and on some levels it doesnt. Korea is messed up like this. Very...

So i need atleast 50,000 USD to open an account??

As my current broker doesnt seem to provide me with short selling options, Im left with the decision of either switching or staying. Im just wondering though where do you traders feel like you make more money on short or long selling?

Crap so basically if i eant to use IB then i need a US bank account OR hk BANK ACCOUNT. tHIS IS GETTING HARDER AND HARDER.

LOL yep flying to HK and thenback would be a pain in the ass. Thanks agains for the info. I dont have a US bank account so i guess my best bet is to open one in HK. btw what is ACH depsoti option?

Well that makes it a hell of a lot more difficult. Is that how you do it?

My current broker is really a pain in the ass. Im currently living in korea and there are so many restrictions as to what i can and cannot do. For instance i cant trade on american stocks and short sell as a foreigner living here. Im wondering what US broker or any english broker allows...

This is the first ive seen this and i just wanted to know what is going on here.

Yes i am dedicated and yep its gonna be a long hard road. You said to use screeeners but criteria should i punch in?

So what time frame do you use when intraday trading?

Oh wow i never knew that. I mainly trade on the korean stock market ever since i moved out here. And i trade in stocks in companies, nothing in crude or commodities. Actually ive only traded 3 ot 4 times and lost on every single one of them. Thats when i stopped and started to read more and...

Just out of curiosity how would you find stocks with great volatility? Someone told me that an intraday trader should try to find these stocks to trade on, that and great volume.

I totally agree with that aspect. JUst put in the trade and let it ride. Unfortunately when money comes into play a lot of us are too scare to lose. I think you just have to focus on making a good trade and trying to win the market, sort of like game, where every trade is considered a game...

And successful is this methodology of trading? looking at just patterns and trends?

ah i see what about candlesticks patterns?

May i ask what instrument do you like using the best and why?