Hi Jet, glad you started this thread. I read a whole bunch of what you wrote: Why Value, Yield Capacity, Time..so interesting, and valuable for me. I noticed though people criticized you heavily in the past and for obvious reasons you quit for a ...

Empty Blank Chart

They already calculated, that the Tobin Tax which has not passed yet, would bring as much as the coffee taxation!!..i.e not much. It´s just pure populism, remember politicians trade on votes.

In 2021, day trading in Germany will be dead

It depends on where you "reside".If you pay taxes on your "home country" you are free from the tax. There´s a whole bunch of different scenarios, you could live in Germany, but run a trading business in the UK, you could be an EU citizen, live in ...

In 2021, day trading in Germany will be dead

Oanda replied to 3 emails reassuring me the currency pairs they offer are "direct currency trades" thus not affected by the new BS German Tax Law. I have serious doubts though; "Dear client, Thank you for contacting OANDA. You may also refer in to ...

OANDA Discussion

Yes, you are probably right. I got 3 emails from them reassuring me that was the case though. "Dear client, Thank you for contacting OANDA. Everything that falls under Forex pairs should not be affected by this law. As they are spots." In regards to ...

In 2021, day trading in Germany will be dead

My personal comment: Apparently Olaf and the "Koalitionspartner" were discussing for weeks, before reaching a "compromise" to accept at least 10000 Euros as maximum losses. Finance Minister´s intention was to accept ...

In 2021, day trading in Germany will be dead

This thread was started on January 19. Since then, and thanks to the many very useful contributions, here´s my summary. Please correct me if I´m wrong. If you go through the thread you will find most of the information and links. -The Law has ...

In 2021, day trading in Germany will be dead

The easiest for a German citizen is to "move", to Austria, EU, no hassles, and still live in Germany. Luxemburg is also an option.

In 2021, day trading in Germany will be dead

Hi Rockit You didn´t understand my question. Which was if, for Olaf, I am trading 1 unit, or 10000. Anyway, Oanda confirmed to me today on 2 emails, that it doesn´t apply to the Forex trading through them. What does apply today, is the ...

In 2021, day trading in Germany will be dead

[quote=Drolph;12728615] Interesting. But after making up my mind it becomes clear. Oanda is one of the few brokers accepting US clients. Thanks, Drolph I have one big question: Trader Tom is a scalper, day-trades 10000 positions. Averages 6 trades a ...

In 2021, day trading in Germany will be dead

Understand Drolph They are not the best broker around, but they offer units unlike lots or micro-lots, I like to adjust my position size /risk, precisely. Anyway, reading the link you provided, I just wrote them again for clarification, as to what ...

In 2021, day trading in Germany will be dead

Argentinian peso lost around 13 million percent in aprox. the same time...no kidding.

The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero

The funny thing about this Tax BS is that "Master Olaf", and most Germans "believe" we traders make millions clicking pretty charts on our fancy screens. As if trading, in reality, was at all easy, this is the last hurdle we ...

In 2021, day trading in Germany will be dead

Ok but this is the answer I got from my Broker ".....Thank you for contacting OANDA. As a regulated broker, we are required to be informed about the latest financial/economic news on our client's country of residence or division. To answer your ...

In 2021, day trading in Germany will be dead

In my humble understanding, spot forex seems to be not included in this madness. Cryptos neither, so I´m checking those on the sidelines, to have an open ace in my pocket just in case. I own a small business, work from my (paid) little blockhouse, ...

In 2021, day trading in Germany will be dead

Check this from: url Ist die Sache definitiv durch? Banken, Fintechs und Lobbyisten hoffen darauf, … … dass die Finanzverwaltung die Anwendungserlasse anlegerfreudlicher gestalten wird als den Gesetzestext selbst. Bisherige Stellungnahmen des ...

In 2021, day trading in Germany will be dead

Understand, but Olaf seems to take the issue as a personal fight, he knew about this from his ökonomischer Beraterkreis since November. Looks like the new law is his revenge answer for possibly losing the Tobin Tax battle.

In 2021, day trading in Germany will be dead

Interesting indeed Drolph: All I can say after reading it: Was für ein BS Koalitionspartner! There you can see how far "Master Olaf Scholz" is pushing the line, when his original intentions were (are), to ignore all the Losses. And he is fighting ...

In 2021, day trading in Germany will be dead

Well, you are also discussing and changing nothing. I gained a lot of information reading from other members here, including yourself. He is actually not taking the topic we discuss here to the table, only the Tobin Tax. like I mentioned before, ...

In 2021, day trading in Germany will be dead

The article is fine, but there´s a couple of mistakes. He mentions the only tradable assets left are Cryptocurrencies, but also Stocks and Forex are exempt. It is basically against options and CFDs.In my experience, the "experts " of the Finance ...

In 2021, day trading in Germany will be dead