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  1. K

    ECN brokerage discussion

    1. Visit country of second citizenship for a couple weeks. 2. Open LLC-like there. Open forex account with offshore broker as an institution (using LLC account and your data of THAT country). 3. Move back to US. 4. Trade forex as of that LLC. 5. Keep all profits at that LLC, pay LLC's taxes...
  2. K

    What forex brokers already have platforms running on Android ?

    FXCM and Oanda. I like FXCM app more, but as a broker Oanda is much better.
  3. K

    ECN brokerage discussion

    It is soooo good to have dual citizenship :) I'm a lucky one. US govt specifically targets middle class so we never can get out of rat race. Remember? First they limited stock day trading to a minimum $25K to open an account. So you cannot start lower - you should already be rich. Now they...
  4. K

    FIX vs API

    Yes, I confirm - FIX is very slow. On another hand, APIs are not much faster (at least thwe ones I used), plus you need to include execution time. But anyway, I'd say, go with the API - with proper program structure it is matter of few days to add/change new broker API.
  5. K

    Some basic math reminder

    The reason why I decided to get to this is that I regularly see how people forget math basics and try to convince others based on wrong assumptions. For example, in (another yet) recent discussion about (another) "best indicator" the following false logic was used: 1) If indicator A gives you...
  6. K

    Edge types, efficiency, etc

    I guess, no one will give you details on their successfull operations, as this equals to the loss of the income. You need to find out your own...
  7. K

    Edge types, efficiency, etc

    OK, I didn't read all 11 pages :), but here what comes from my experience: 1). Never trade long. Intraday is the max you can afford. Reason - nobody knows what will happen overnight. For example (and I take it to the extreem), company can close business overnight, and all...
  8. K

    International market online broker

    From their fees description: "For foreign stocks not traded in the U.S., add $50 per trade". So at best they do $50 + $8 = $58 one way. About 2-3 times higher than ETrade for the same thing, unless you trade on HK or UK market - in that case, I don't know how (if) Fidelity absorbs 0.1%...
  9. K

    International market online broker

    Hi! Based on probability on enacting 0.25% tax on trade transactions in US, I decided that 'warned is armed', so it's time to prepare for the worst. Currently I'm with Ameritrade, but they don't have international stocks trading ability. So far for me it looks like E*Trade has reasonable...
  10. K

    New Petition Against the Financial-Transaction Tax

    I can't believe they are doing this - right after my program started to bring me money! I guess, you never can win playing by the rules. Honesty never pays off. Oh well, in this case I'll have to switch to Asian trade centers or Forex. Or just rob govt same way govt robs us.
  11. K

    Shame on me

    OK, after half of the year of automated trading with real money, I must admit: shame on me. Out of three strategies (one found on this forum, two found by my program) only one left that really works. Guess, which one? Right, the one I found here :mad: Darn! Am I stupid or what? Well, at...
  12. K

    any Americans living abroad? taxes?

    Actually, after creation of Homeland Security Evil Agency I will anytime trust my assets to any Brazil bank over US or "western" bank. As for commission rates - for Forex they are very competitive. Donno for US securities. I'm watching very closely to BRIC countries development. While I...
  13. K

    any Americans living abroad? taxes?

    Settle is Russia, trade via Venezuela/Nicaragua/Brazil broker ... It would be very funny to watch attempts of Uncle Sam to get you from there :) This works other way around too :)
  14. K

    Some rant about brokers from black box developer

    You know, I was lazy enough :D, so I forced program to find proper strategy itself. I manually added only one strategy - to check how things work (and it turned out to be relatively good - about 100% APY), but two other logics program found itself. Guess I'm too lazy :)
  15. K

    Some rant about brokers from black box developer

    Thanks, man! Actually, just finished today with my ordering subsystem that deals with Ameritrade. So happy about that, cause it was my last day of free 500 trades :). If there is any live person monitoring trades, they are probably highly surprised with an idiot posting tens of orders with...
  16. K

    Some rant about brokers from black box developer

    And warm wishes to you too :) Just a small reminder to the monkey busy pressing buttons: all inventions were made by lazy people - cause they were too lazy to do the job that can be automated or performed with less efforts. Think about it.
  17. K

    Some rant about brokers from black box developer

    MBTrading supports FIX 4.4. And I can create complex orders with them. But I already described the problem with them - I cannot modify existing stop-market order to be just a market. I can change only from stop-market to stop-limit (and vice versa). Or cancel it and post a new order, but this...
  18. K

    Some rant about brokers from black box developer

    (Sigh) Yes, I agree. I must consider myself lucky to even have $25K required to begin daytrading. Those lawmaking a$$holes did everything possible to keep poor people enslaved for the rest of their lives. I'm surprised that they didn't set minimum to somewhere around million - to let only...
  19. K

    Some rant about brokers from black box developer

    Let me reiterate my statement again: In my price range Which is $5, max $7 per trade (all fees included - even ECNs). As soon as I will have over $100K in the account, I could start using more expensive brokers, but till then - sorry, not everyone have a million to start playing with.
  20. K

    Some rant about brokers from black box developer

    I've already posted here some rant about data providers from the black box developer point of view. Today I have some free time, so this time I will complain about brokers. The black box trading differ from human trading by one very important aspect: error handling. It means, that in case of...
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