Hi mate, in Hong Kong yes, you don't have to pay any taxes on trading income. I will advise not to come on China as there are too many restriction here especially moving fund to foreign markets unless you have some network connection. But the beauty ...

Million Dollar Indices Trading (Options and Futures)

Back for trading day today but still in Hong Kong today. Will be flying back to Shanghai on tomorrow evening after having my holiday here. Latest update on all of my position. Hopefully by next week will start to share another account that using IB ...

Million Dollar Indices Trading (Options and Futures)

Nope, they doesn't. I am more in European Market (EUREX), so I can have my holiday. CBOT and CME running with electronic trading, no holiday for commodities trading. LoL.

Carpe diem: Intraday tactics for Dax and Dow

Yup. Good Friday and Easter Monday.

Carpe diem: Intraday tactics for Dax and Dow

Nope, they are all working and I am taking my holiday trip to Hong Kong.

Carpe diem: Intraday tactics for Dax and Dow

Last day for European Session today. Will be closing on tomorrow and next Monday. I think it should be another flat day.

Carpe diem: Intraday tactics for Dax and Dow

Today update on holding position. It was a nice execution yesterday due to pretty high volatility. Today is the last day for EUREX this week, having holiday tomorrow and Monday. Will update again on Tuesday later.

Million Dollar Indices Trading (Options and Futures)

A million dollar account is just for DAX trading. Of course, I don't love to lie and I am happy to proof my volatility trading alone can succeed and answers your doubt. I can share you my fund account statement as well. My main account also only ...

Carpe diem: Intraday tactics for Dax and Dow

You can follow my trade journal on forexfactory as well. If volatility alone cannot succeed, do you think I will put a million dollar account just to trade volatility.

Carpe diem: Intraday tactics for Dax and Dow

I prefer to use USDJPY instead of Cable Yen. Why? This is because USD are the largest weighted currencies if you trade forex previously. USD direct reflected to EUR, the biggest rival and the second was YEN. Although Cable is another major pairing, ...

Carpe diem: Intraday tactics for Dax and Dow

Nice research and chart. Thanks anyway but usually I don't guess or forecast any market direction. Most of my trades relies on volatility to profit rather than direction.

Carpe diem: Intraday tactics for Dax and Dow

Agree that. Correlations doesn't much match that equities should go higher today. I love to compare with YEN, especially Dollar Yen. If equities wanna go higher, YEN must be weak enough.

Carpe diem: Intraday tactics for Dax and Dow

Nice one. As I mentioned, it should be rejected around 10,060, not sure whether it goes again.

Carpe diem: Intraday tactics for Dax and Dow

OTC have 2 red 4 hours candle actually. Only Exchanges have 4 direct green.

Carpe diem: Intraday tactics for Dax and Dow

10,060 is more crucial on Index and it fits futures on 10,100. But how far could it go? False move? Asian flats, strong DOW and S&P doesn't move, YEN strong holding.

Carpe diem: Intraday tactics for Dax and Dow

Looks like DAX gonna retest the resistance on 10060 area.

Carpe diem: Intraday tactics for Dax and Dow

As I mentioned in the beginning of post, ODAX = OPTIONS, DAX = FUTURES. RED = BOUGHT POSITION GREEN=SOLD POSITION, C=CALL P=PUT. The numbers in the middle explained Strike price and Contract expiration month.

Million Dollar Indices Trading (Options and Futures)

Latest update on today holding position. Having extreme volatility yesterday on Brussels Terrorism attack. Condolences for the victims family. Not a great month I believe for me. Suffering almost 0.6% losses on Mini Dow March Contract. Left 5 ...

Million Dollar Indices Trading (Options and Futures)

Yeah, usually all of fund risk exposure will be less than 8% even with cross market arbitrage. When managing a big fund, we can't put our head on those text book trading 3% per trade risk. That's the broker marketing stance, not suitable for ...

Million Dollar Indices Trading (Options and Futures)

Thanks mate. But I think no matter what the equation are, it shouldn't be just by calculating 17,557 - 17,050 = 507 points loss right? As I know, delivery was USD 10.00 only. Frankly said, this broker is still a fresh broker and my company having a ...

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