trueblueTEX wrote:Will a US citizen still be allowed to go to a non-US broker?
from what i understand----- as of now u can
i have a few "overseas" accounts that i have not been told will have to be closed as of yet.
i really have no idea what will happen, but i feel they are going to try and gradually kill the spot market for US citizens. It looks like they can go back into the CFTC's ruling once a month and just change it.
So whats to stop them from reducing it to 30-1 one month, 20-1 the next, and finally 10-1, which would put them right where they wanted it in the first place.
may come down to incorporating overseas and trade in the corps name or trade futures on the CME.
matter of fact i have been trading mostly ES, 6E, gold and oil recently.
Bend over and assume the position for another 4 years of hope and change.