You didn't say if he achieved that with his Forex trading. For all we know he bought it on credit and will soon be bankrupt.

how does this trader make money?

Great post DS! You sound like you've done IT support. I am feeling the same frustration. I have even had someone tell me about a problem with their TV at home and then ask how to fix it. It is eletronic too, so therefore I must know it since I know ...

Why "x" a secret?

There are different names which makes it confusing. Actual leverage is also called true leverage here and I have also seen it called trading leverage which is the term I use. I know diallist has posted about this here. If you search for the term ...

Leverage and pip price and other things

I think you typed that one.

james16 Chart Thread

If your account is under $5000 and you ask for it they will do it. I heard if you start below $5000 and have micro, then grow to over $5000 then you can still keep micro. The maximum is $15000.

MT4 broker (GMT+2 and micro)

Yes. Also these: 1WorldFX Velocity4X IBFX Probably others out there too. Tip: If you don't like Sunday bars, use a GMT +2 broker.

MT4 brokers that trade in micro-lots?

That's criteria I look for too. FXDD and 1WorldFX come to mind.

MT4 broker (GMT+2 and micro)

I don't think that is an option natively with MT4. Maybe someone has a EA or something to do this. I hope MT puts it in future versions.

Order cancel order

Have the broker fix it on their side too. When the chart refreshes it may download the bad tick again which can be very frustrating.

What Happen To Gold?

Looks like your broker had a bad tick. If you had a position and it was affected then call your broker to fix it.

What Happen To Gold?

Can Shrike's info be posted in public?

Neuimex NEXTTPRO platform

Sounds like typical newbie stuff. I am no expert, but here are some quick tips. Take a break, step back to get some perspective. Go over your mistakes, usually mental errors, and solve them. I would recommend using higher timeframes. One reason ...

Lack of discipline.

Thanks for those 2 posts. It looks like Green Company really knows taxes for traders. I was thinking this after I was told a 1% partner is good enough. I need to investigate from other sources what this entails, so I can tell this person what they ...

FF Trader Tax Thread

WHTenn & bookfixer, thank you for the advice about not using a C corp and setting up my own LLC to save money . The quote from Traders Accounting seemed expensive to me for the LLC package. However, I say this not knowing the average rates in this ...

FF Trader Tax Thread

WHTenn, I don’t believe there was discussion of “1256” status. As I mentioned in the post I just submitted, the person on the phone was a fast talker, so there is the possibility it was missed. Mark to market was mentioned in the tax action plan I ...

FF Trader Tax Thread

Trader Tax & WHTenn, sorry if the type of documentation I was asking for wasn’t obvious in my post. I figured it would be known based on the context of what I wrote. I asked about documentation regarding the service/package being offered to me. For ...

FF Trader Tax Thread

I am curious if anyone here has used the services of Traders Accounting. I have received the feedback from the free questionnaire and did the follow-up phone call. A price was given for the corporation setup, etc. I did find it odd that when I asked ...

FF Trader Tax Thread

I've heard their support is bad.

Please recommend a new Virtual Private Server Provider

From what I understand, in the US state and local taxes pay for all of that. Federal does not.

I don't want to pay tax

I see the cheapest one there is $70/month, but that is with Linux. If you change the OS option to Windows Server 2003 then another $20 is added. Ends up being ~$90/month. I would need to have my trading accounts built up and making good monthly ...

Please recommend a new Virtual Private Server Provider