Recent content by Marek_$

Can you tell us the contact number you called in IB?

Yes I'm in the same position after several years with ToS. Interactive Brokers looks like the best alternative. In case anyone is interested as to why they kicked us out - apparently they have a non-competing clause with TD Waterhouse in the United Kingdom and therefore, are no longer able to...

Thanks.

Thanks for the advice guys. One last thing. If you make a loss one year - not that I would ever make a loss :) - can you carry the loss over to the next FY year. E.g. if I lost 100k at the end of one FY year and then made 150 k the next year then I would be 50k up so would I only be taxed on...

Thanks for the info. I should have clarified something, but it probably still applies. I am actually trading US Stocks not Forex. I read about Forex elsewhere which basically confirms what you said. Do you think the same would apply to Swing Trading stocks? I guess it would. Thanks.

This is part is standard practice requested by the US brokers. See https://www.thinkorswim.com/client/docs/forms/W-8B.pdf

Hi, I am a UK resident swing trading the US markets using the broker Think or Swim. can anyone tell me the rules for paying UK Tax. I have filled out a W-8BEN from which means I don't pay US tax. From the UK perspective is my trading profit treated as capital gains or is it treated as...

Hello Bashatrader, Thanks, I'll keep that in mind. Sounds like the way to go. Do you know if you can set up a paper trading account for testing prior to funding an account. Marek.

Hi Charlton, this looks like its exactly what I need. Have you used it yourself? Could be a nice little project for The Christmas holidays! Thanks, Marek.

Think or Swim are not even an option for me as they currently don't allow UK residents to open an account - since the merger. Its really strange. Anyone have any ideas why this is? Marek.

Hello Howard, thanks for your reply. I'm not certain, but the system I have implemented wouldn't be so easy to re-implement with, for example, Think or Swim as I have developed my own indicators within my system. However, my system automatically produces a text file with buy signals, stop...

Hi, I've written my own system in c# for trading stocks on the US markets. It currently takes data from Telechart and gives me buy signals. I would like to tie this up to a brokerage account so that I can make trades automatically. Does anyone know of a way of doing this? Thanks, Marek.

Thanks!

Thanks Arbitrageur I'll do that in future. I used a market order because I wanted to sell no matter what. When I've used market orders in he past the order gets filled in the region of the expected price - I've never had a sudden $4 dip before. Why would this happen? The inderlying stock price...

Hi I recently sold (market order) an in the money option whose BID price was $19 and ASK price was $19.60. However, it appears that just as my trade got executed by the CBOE the BID price fell to $14.60 for a few seconds then returned to $19. I therefore only got $14.60 for it instead of $19...