Analysis by Neutral Guy

Quote from Pekelo:

Can't you open an account from India in the US? Is it against the Indian laws?

If not, that's what I would do in your place:

Find an Indian American whom you trust and who lives in the US. A relative or friend could be the best.
Open an account under his/her name, and trade it. He/she would get a few bucks from you for the inconvenience of extra trouble at taxtime or a % of your profits. It would be still much cheaper than trying to trade from India...
If he/she visits India a few times a year profits/funds can be moved in cash personally...
More...

Thanks a lot Pekelo. Those are some intelligent suggestions, no doubt about that.

Regards
mishwar
 
These scalping results are despite the fact that I have analysis software that is of the early 80s levels that you guys had in the US. There are many other issues that u cant even imagine.

I have proven to myself and to those who write to me that I am a world-class scalper. I now need to get to the US, UK somehow.

I believe that I need an invitation from a company in the US. Can someone help?

For london, can someone tell me if its possible to visit and meet the prop trading firms etc ?

Thanks for all the help
mishwar
 
Dear Iswar
Saw your posts regarding scalping!
may be you are trading with real money trading nifty futures.I know Nifty break even is minimum 8-9 points when you take in to account, brokerage @3 paisa +stt etc.
Paper trading ES $50X1275.00=$63,750 (Rs 30 lakh)contract value may be fun.But not if you have to put real money.
By the way you can trade US markets sitting in India.Get 1or 2 broadband internet providers just as a back up.
RBI allows you to send $25k TT any time.If you have extra money,send money thro brother sister etc to fund additional funds in your a/c.Any us broker will open a/c for you with an Indian address. You need bot go to London or USA to trade the markets!!!!
having lived in US /UK for a long time,I sit in India now & trade US futures /options full time for 2-3 years now.I trade Nifty futures too but very frusturated with tax.Since US trading is 6.30pm-1.30am,planning to drop Indian trading altogether to relax my eyes (not worth the trouble)
Dont even think of going to USA/UK for trading if you have your own money.
(you need minimum 25k since you will be under day trader classification)If you want trade other people's money as a employee etc,I wish you luck (too tough) If you are that good start posting why you are taking a trade with chart ,stops etc.Some co's may employ you to trade firm money thro remote!
 
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