Kreslik.com - traders community since 2006

<------Only uses U.S. brokerages

I wonder how many billions the president bribed the Swiss bankers with to turn over their list of US account holders. Not possible Patch and thank goodness too. If any information about Swiss account holders were ever leaked, Switzerland would be ruined literally. Banking is their golden goose, and...

oh yes my friend, the U.S. is one of the only capitalistic countries I know that penalizes, aka "taxes" people, for reinvesting in their own economy. Now I realize that trading is not investing but I have investments as well. To add insult to injury, you are correct, we are actually double...

You can open an account with any foreign broker and their independent rules apply. The NFA is American regulation and only applies to brokers who operate out of the U.S. or have branches in the U.S. Foreign brokerages can also sign up for the NFA but are by no means required to. So yes patriot, you ...

If you are not deducting commissions from your net capital gains taxes.......well you may as well be wiping your poo with $20 bills. Please do see your tax professional.

Edit: This is in regard to U.S. taxes, I have no idea about capital gains tax anywhere else but Switzerland.

I figured I would start a fire in the house of money. Anyhow, yesterday I took my quarterly visit to my accountant. Evidently Uncle Sam doesn't think I pay him enough at the end of the year, surprising huh? I have been trading FX on and off for several years along with many other equities. I guess I...

Actually, if you "trade like a rat" and only trade in one direction you can make money with a moving average. If you keep your losses to 10 pips, sooner or later, you'll catch a big run and more than make up for stops and transaction costs. That is my point. It's not the system, it's how ...

I always wondered, if a "system" always lose, no matter how many and how precise the indis used. Why not make the opposite trades ? Defy "conventional trade logic" , be like a rat. Carlos A system is not what typically what causes losses. Losses come from overtrading (aka losses...

Scratch this, I figured it out.

See below