Recent content by Nick77

I was wondering if anyone knew what the best phone and network is for mobile trading? I wanna get a phone I can trade with but i don't really know what the best afordable one is. Does anyone trade on their smartphone? and how do you like it? thanks

Thank you both very much. I need an accountant like Pharoah. Maybe i'll get one someday, when I make my millions....

I read that but I am still confused. Can you please explain 60/40? What percent does the average forex day trader have to pay on his profits?

What is the percentage taxed on profits?

I thought spot forex was forex futures. Please clarify. What are we trading with regular forex brokers? What's the difference between spot forex and forex?

Thanks Thanks. I get it now. Have you found a good technical system yet? I read some of your other posts about the "curse of the Pharoah". I am currently looking for a good technical system. At least until I finish my Macroeconomics course this semester, than maybe I will have a better...

Could someone please explain to me what the revision column is on the economic calendar? Are the "actual" numbers wrong and the "revisions" the correct figures? Thanks.

Profiting with Forex Profiting with Forex.com shows you which pairs are fundamentally strong and weak for free. They line up all of the majors on a see-saw and rank them. Hope this helps.

I'm still confused about 60/40. Does this mean you have to pay 60% of your short term profits and 40% of your long term ones? That seems like a ton. Does it matter what tax bracket your in? THanks.

Cme Fx Futures I appreciate your advice Oz. It sounds like you tried scalping forex but then you switched over to futures. Can you please explain a little bit more about what cme forex futures are and why they are better? Also do you need a special broker to trade futures, and if so who do you...

Hello forex scalpers, I was wondering what you guys think is the best broker for scalping traders. I have tried about three different demos that were just OK. I don't like EFX or MBT because there are no charts and their spreads change to much. Dukascopy was pretty good, half a pip spreads...

Ha HA I read the other article and some of its links but I still don't understand 60/40. Does that mean i pay 60% tax on short term trades and 40% on trades over a year? That seems like a lot. Does it matter what income bracket your in?

Oh ya, what is 60/40? I just want to know what % of my profits I have to fork over to the government.

HI everybody, I have searched on the web and have not been able to find what the tax rate is for forex daytrading. I am a scalper and sometimes will place swing trades. I just want know what the tax rate for short term trading is and what form we are required to fill out. Also, do any of...