Search results

  1. K

    Any New Zealand based trader?

    Yes. Mainly trade eurodollar and sp futures.
  2. K

    Health Benefits

    We were living in NJ and had a small business plan with Horizon Blue Cross. Cost about $650 per month for family of 4. Was set up as a spousal business and all we had to do was sign papers stating that wife worked in business about 60% of time. It was a pretty good plan. PM me if you want...
  3. K

    Any aussie or kiwi traders here? Got a question..

    Hi, Trading from New Zealand and I havent had any problems in general with esignal or IB. DSL (broadband) is run by a monopoly, NZ telecom, so the packages either limit the data you download or limit speed. It is not the same as in the states. That being said, the service here has been...
  4. K

    IB: Trading American Markets from Asia

    I am trading US and European markets from New Zealand using IB and no problems. Stuart
  5. K

    Any aussie or kiwi traders here? Got a question..

    Hi, I am trading from New Zealand. We moved here in September for a year from our other home in Princeton NJ. (Wanted to get back in touch with kiwi life). Due to the time difference, I have decided to trade the opening 2 hours of the European market (ESTOX50 and BUND; about 8-11pm NZT)...
  6. K

    thinking about trading Nasdaq in asian

    Having recently moved to New Zealand, I decided to look for markets that are more convenient to trade (timewise) than the US markets. I trade the open 2 hours of the European mkt (ESTOX, BUND, Euro) (8 - 11pm local time) and the closing 2 hours of the US market (8 - 10am local time). That...
  7. K

    Anyone trading the DAX

    Moved to New Zealand so just started trading ESTOX due time differences. Looking at the 1st 3 hours. What news service do European traders use? and what service(s) list when European economic news is released? Tx Stuart
  8. K

    Any senior traders in NZ ?

    Digs, I assume that you are referencing European stocks and not futures. My intent is to trade the open 2 hours of the European index futures, for example DJ Eurostox 50. My understanding is that contract is very liquid, and trades in a similar manner to the NQ. Commissions are also very...
  9. K

    Any senior traders in NZ ?

    We will be in Palmerston North, about 100 miles north of Wellington. Feel free to send a pm to hook up. Stuart
  10. K

    Any senior traders in NZ ?

    Timely thread! We are moving to NZ in 3 weeks and plan to stay there for the next year. I have been trading the ES, YM, and ZB in the US. Due to the time difference, I was looking at trading the opening 2 hours of the European mkt and the closing 2 hours of the US market. Have you tried...
  11. K

    Daytrading Rangebound Days in the ES

    Interesting. How did you set up your chart in esignal? Kiwi
  12. K

    AMD vs. Pentium Chip

    Hi, I am looking at building another PC for trading. I have seen the new XPC (Small form factor) boxes by Shuttle. They look very interesting. They have a P4 or AMD motherboard. The AMD is built on the new Nvidia N-force 2 chipset with dual video output. Question for other computer builders...
  13. K

    Non-resident vs. citizen

    Here is an interesting link from Bob Green's site on taxation of non-resident traders. http://www.greencompany.com/EducationCenter/GTTRecTraTypNonResident.shtml#nonrestraders kiwi
  14. K

    Non-resident vs. citizen

    Be careful on this, the IRS has criteria for US residence for tax purposes. For example Green card holders (US residence) are treated as citizens for tax purposes. There is also a substantial presence test that looks at how long you have been in the US for the tax year. Take a look at this...
  15. K

    Chatroom Recommendation

    I am familiar with the Tactrade site and chat room. I trade in there. He trades two contracts, so the 70 or so points on Friday is for 2 contracts not per contract. Today the gain was ~28 pts. Barry is a very dynamic trader, and yes, he has a lot of break even trades, then again the...
  16. K

    Considering e-mini NASDAQ100 futures

    I agree with the other posters. Do not trade more than one contract until you are consistently profitable. I suggest that you go to the CME website and view the educational material that is there. You need to understand what you are trading eg $/pt move. You need to have adequate...
  17. K

    Deducting Trading Expenses

    Andy, I suggest you take a look at this site http://www.greentradertax.com/section1256.htm in addition to the links I posted earlier in this thread. Green have some guides on tax treatment for stock and futures traders. They are fairly priced and would be tax deductible. In terms of...
  18. K

    Deducting Trading Expenses

    Take a look at this link, it provides a very good review of the tax law as it applies to traders. http://www.fairmark.com/traders/index.htm There are also some good links on the IRS web page: http://www.irs.gov/formspubs/page/0,,id=12278,00.html I agree with earlier statements that you...
Back
Top