European traders, Roll Call !!!

Actually being in transit on the road is another ball of wax, would have to be satalite unless in a major city with wireless wifi or whatever. Been trying to get someting to work from a sailboat offshore for a long time.
 
Quote from OddTrader:



I would think it's highly posible to intraday trade on the road with one single LCD, particularly as one could trade with a strategy by placing only one set of order each day.
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Yes, but it would be rather stressful, whichever way yuu take it...

Either you would stress out because you can't have an overview over the market and have to constantly switch between windows etc

Or you would have to scalp exclusively. Yeah I believe maybe I can scalp with only one screen. But yeay, would wear me out after a while. I don't think anybody can for extended periods of time scalp and trade 1-min charts without burning out, no matter how conditioned you are.

If you're that stressed, what's the point in travelling, anyway?

~Scientist
 
Oddtrader, it can be done now with cellphones (worldphone, etc.) but would be slower than needed for intraday. Could maybe do some sort of bracket trading though where all the orders and stops are transmitted at once.
Agree with Scientist, the concept itself is a little wierd.
 
While travelling in Asia Pacific places (or interstate), you can still (intra)day-trade Dax or Sp during evening/night time while staying in a hotel or frend's house that has Internet land line.
 
Ok, back to my question on taxes in France. Obviously France and most of Europe is not a tax haven. I would just like to see a breakdown of what the total taxes people pay to trade in those countries. I just don't see how anyone can be a profitable trader in Europe. For example, in the US. The marginal difference between a guy that makes a living trading and a guy that makes nothing is such a small difference such that if we raised the taxes just enough it would wipe out the marginal difference between a guy that turns a profit and a guy that makes nothing. It's kind of like why guys continue to shop around for lower commission rates. Because they know in this market its the only way to improve their bottom line. So what I don't get is in Europe with the high rates that would be the equivalent of like doubling a trader's commission in the US and then seeing if he is still profitable. So as a resident of those countries how exactly do you guys do it? Then as an American that moves to Europe how does his tax situation compare to that of a resident?
 
Quote from Maverick74:

Ok, back to my question on taxes in France. Obviously France and most of Europe is not a tax haven. I would just like to see a breakdown of what the total taxes people pay to trade in those countries. I just don't see how anyone can be a profitable trader in Europe.
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Dont know about americans because I understand your govt pursues you for tax wherever you earn money.. altho I am probably wrong about that too like the monaco residency thing.. lol .... but in ireland the capital gains tax is a flat rate of 20% after the first exempt amount of gains.. around 1200 euros..

Neil
 
as a trader through a US LLC, you may not have to pay taxes in Europe because you will have to pay taxes in the US. Depending on the double taxation treaty between the US and the european country, the income from the US will not be taxed in your home country.

In my case, I trade through Bright, live in the Netherlands and was advised by my accountant that I do not have to pay dutch taxes on the gains made in the US ( i do have to pay normal US taxes though...)

Oliver
 
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