Recent content by wildkactus

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    Hi all, Please recommend some good books about hedgefund and trading strategies?

    A couple for ya. Hedgehogging by Barton Biggs Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets By Steven Drobny Wall Street Meat: My Narrow Escape from the Stock Market Grinder By Andy Kessler Hedge Me: The Insider's Guide--U.S. Hedge Fund Careers, Fourth...
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    bail out vote

    The retooled bill has been passed by the U.S Senate 74 to 24. it will now go back to the house on friday, It will get more admendents added here. so we will see if it passes this time. read more here:U.S. Senate Passes New Version of Emergency Economic Stabilization Act of 2008 (Update) | CEP News
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    The Affect of the President....

    If anyone will turn America third world it will be the Obama / Dem's with there protectionist views. Even though McCain would not be my choice for president I Can not see him been any worst then the present. Obama will be held to his race, if he wins office he will have every African-American...
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    Benefits for incorporating?

    incorporating for tax alone is not a good idea, but when it's part of your entire wealth strategy then it becomes a great option. IMO asset protection and privacy are more important then any tax benefit that comes with a good incorporation strategy, also look at offshore incorporation as part...
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    Non-Resident US Traders?

    setup an offshore entity to do your trading. you will still need to declare any income from this for tax purposes but the entity would not if setup right. you need to check this with an offshore lawyer / accountant to see if it suits your needs. also look at the following site for more info...
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    How to automate a trading system?

    also have a look at amibroker, you can program in your own system, plus back test it. AmiBroker - Technical Analysis Software. Charting, Backtesting, Scanning of stocks, futures, mutual funds, forex (currencies). Alerts. Free quotes. Also if you are using and EOD system why do you need to...
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    HEDGE FUND; How do I set one up and join in the bonanza?!

    Why is it Outrageous to run your money offshore, I think running your money offshore it is a smart move, everyone has the right to reduce their tax bill and protect their assets. and if your not doing it, well that's your loss!! and with the middle class pay's the most the taxes, that's just...
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    HEDGE FUND; How do I set one up and join in the bonanza?!

    With that sort of money he would be paying less tax then you and I, it would be in Offshore companies and trust, etc. As to starting a hedge fund get a good trading record and get in good with the big brokers who could funnel clients to you. This would be easier said then done.
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    Way of the Turtle

    I can't see why not, I think any market is tradable with this system, you may need to modify it a little but that's the fun part of learning any new market. Iam going to belooking into currencies shortly (next 6 months) to add to my tradable markets.
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    Only Ryanairs Mick O'Leary could say this

    So when are they coming to Asia, The asian airlines don't offer that level of service. :D Happy flying all
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    Way of the Turtle

    Victor90, You are right on with your time frame, this type of trading needs I think at least 2 years to see the profitablity in it, as you can go months with no trades or just losing trades. Look at trading a single index future like the FTSE100, if you want a few more options then use the...
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    Way of the Turtle

    Yes ok, what I should have said was 21 contracts over 5 markets, still not a large spreed accross markets. Been commodities traders they were only trading the 5, Grains(NYSCCSE), Currencies(CME), Bonds (CBOT), Metals (COMEX), Petro(NYMEX). But what they did have as you said before was a good...
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    New to swing trading

    Simon, brokers in the UK i don't know a lot about so someone else here will have to direct you on that, Amibroker and how it compares to other packages, I found it to be right there with some of the more expensive ones, so cost does not always mean better, For my style of trading which is EOD...
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    New to swing trading

    simon, hi and welcome 1. I perfer the direct investment, and also use CFD's and Futures, I use MF Global and Interactive brokers. 2. Books and websites there are lots, here are a few that I have used / read Books, - Reminiscences of a Stock Operator- Edwin Lefevre...
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    Way of the Turtle

    Victor90, the way I let the market decide is by what is moving (trending either up or down), to work out what to trade, is in my plan, enter on a breakout (I use a swing chart for this), exit when I get stop out by my trailing stop. Rhody Trader, I have choosen for now to stick to these...
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