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  • #12,321
  • Nov 8, 2022 12:50pm Nov 8, 2022 12:50pm
Quoting Vitore
{quote} Then I don't quite understand why you want to trade with prop firms. Trade your own capital and don't waste time with all the rules
Well, his story gets better by the minute...
  • #12,322
  • Nov 8, 2022 12:57pm Nov 8, 2022 12:57pm
Quoting Nsak3y
People can argue it any way that they like. What matters is how it is viewed from a tax perspective, respective of your country of origin/operations. At the end of the day, we can be classified simply as data providers, that work on a sub-contract basis. Up to each firm to decide what to do with that data, if anything at all.
This is correct.
  • #12,323
  • Nov 8, 2022 12:58pm Nov 8, 2022 12:58pm
Quoting muir
You assume wrong. Tax avoidance is not the same as tax optimization. If you can't convince a tax man that your tax structure is in place solely to avoid taxation you're gonna get your ass spanked bloody by said tax man.
-Perhaps your understanding of tax avoidance is skewed. So long as it is done properly, as previously mentioned, there is no problem with it. Arguing semantics does not change anything.
  • #12,324
  • Nov 8, 2022 1:04pm Nov 8, 2022 1:04pm
Quoting Nsak3y
{quote}-Perhaps your understanding of tax avoidance is skewed. So long as it is done properly, as previously mentioned, there is no problem with it. Arguing semantics does not change anything.
Dude, let this one go, you're wrong in this instance. It's not semantics it's actual legal terms.
  • #12,325
  • Nov 8, 2022 1:24pm Nov 8, 2022 1:24pm
Quoting muir
{quote} Dude, let this one go, you're wrong in this instance. It's not semantics it's actual legal terms.
Tax evasion means concealing income or information from tax authorities — and it's illegal. Tax avoidance means legally reducing your taxable income, those are the legal terms.
  • #12,326
  • Nov 8, 2022 1:37pm Nov 8, 2022 1:37pm
I know this is not the topic but it seems the end of the world in crypto
  • #12,327
  • Nov 8, 2022 2:34pm Nov 8, 2022 2:34pm
Quoting wansiman
Why ?
BTC -15%, ETH -20%
Quite a lot even for crypto
Money is made by sitting, not trading
  • #12,328
  • Nov 8, 2022 2:34pm Nov 8, 2022 2:34pm
Quoting trader888888
{quote} This is almost instant at E8, this is why I like them.
thanks for the info trader8888888 !!!!

Fast Track is already available with MT5 !!!

while others still waiting for MT5 release (E( and ELEV8)
in holiday till end of November
  • #12,329
  • Nov 8, 2022 3:40pm Nov 8, 2022 3:40pm
Quoting muir
Dude, let this one go, you're wrong in this instance. It's not semantics it's actual legal terms.
-Just because you believe strongly about something does not make it true.
  • #12,330
  • Nov 8, 2022 3:45pm Nov 8, 2022 3:45pm
Quoting Nsak3y
{quote}-Just because you believe strongly about something does not make it true.
Exactly. Some people actually still believe Joe Biden got 80 million votes.
  • #12,331
  • Nov 8, 2022 4:10pm Nov 8, 2022 4:10pm
Quoting pipmaster77
{quote} Exactly. Some people actually still believe Joe Biden got 80 million votes.
And the rest of the world - which is many people think Trump is a cheater and a murderer (6.th of Jan.). And we simply cannot believe how much stupidity there are in the Republican party.
MetaTrader 4 - so many advantages.
  • #12,332
  • Nov 8, 2022 4:11pm Nov 8, 2022 4:11pm
Quoting RiskFighter
{quote} And the rest of the world - which is many people think Trump is a cheater and a murderer (6.th of Jan.). And we simply cannot believe how much stupidity there are in the Republican party.
There are actually Republican candidates that say before the election, that if they win - it is ok. If they loose - then election is stolen. How can people vote for such idiots?
MetaTrader 4 - so many advantages.
  • #12,333
  • Nov 8, 2022 4:12pm Nov 8, 2022 4:12pm
Quoting muir
{quote} You assume wrong. Tax avoidance is not the same as tax optimization. If you can't convince a tax man that your tax structure is in place solely to avoid taxation you're gonna get your ass spanked bloody by said tax man. At least this is the case in the US and the EU and any other developed nation. Anyone can do whatever the fuck they want I just posted only to warn some gullible people who read something fatuous in this thread and believe that they found something.
yes what you said is correct, but more for a corporate view.

If you move, physically, you as individual, there is no way and nothing to convince.
Also for companies, you can't just set up a company abroad, you have to go there and become beneficial owner and tax resident in that other country.

This generally speaking, if you have no other assets like real estate where are subject however to local taxes, and so on.

However, there are plenty of solutions to get better taxes changing a bit your life. Of course is not for everybody, you have to be ready for a new life.

Anyone prop trader made money today on BTC and ETH strong volatility?

In prop trading, with strict rules, seem to me that crypto are not so much interesting with so much high volatility, also a small size of balance can give a big loss.

that's why I will try to focus more i can on forex, and since I work on crypto, for me also indexes, gold or even gold doesn't have anymore such volatility in my mind.

That's why sometime I ask about VIX but crypto have also higher spread and commissions in MT4-5.
in holiday till end of November
  • #12,334
  • Nov 8, 2022 4:46pm Nov 8, 2022 4:46pm
Quoting RiskFighter
{quote} And the rest of the world - which is many people think Trump is a cheater and a murderer (6.th of Jan.). And we simply cannot believe how much stupidity there are in the Republican party.
yep 40 years in politics....absolutely nothing to show for it, cannot put a coherent sentence together, campaigned from his basement....80 million votes.....yeah OK,but yet we are the idiots?
Don't worry, though, after today, as a lot of folks have come to their senses, red will control the senate and the house and the impeachment of the worst administration in American history can begin.
I live in Florida and it is the only state where businesses survived, children continued to learn, I didn't need to get an ineffective vaccine to go to a restaurant, oh and we actually prosecute criminals here. It is run by the next President of the US.
  • #12,335
  • Nov 8, 2022 4:58pm Nov 8, 2022 4:58pm
You don't get it. They were not satisfied with Biden, but Trump would be a disaster. Is a disaster, nothing than a dumb bulley. And yes, the rest of the world are following the election hoping that Democrats can win. USA is a vital player in the western democracy and we will all suffer in due time, if the Republicans win.

I can hear that you are an election denier and I know that I can say nothing to reach your brain. It is sad. But I will leave this discussion which is not appropiate for this thread. And OP, please accept my excuse. I just couldn't help when Pipmaster used this thread to an election denier remark about Biden.
MetaTrader 4 - so many advantages.
  • #12,336
  • Nov 8, 2022 5:27pm Nov 8, 2022 5:27pm
Quoting RiskFighter
You don't get it. They were not satisfied with Biden, but Trump would be a disaster. Is a disaster, nothing than a dumb bulley. And yes, the rest of the world are following the election hoping that Democrats can win. USA is a vital player in the western democracy and we will all suffer in due time, if the Republicans win. I can hear that you are an election denier and I know that I can say nothing to reach your brain. It is sad. But I will leave this discussion which is not appropiate for this thread. And OP, please accept my excuse. I just couldn't...
So we voted for crime, no border, no energy independence, horrible foreign policies ALL BECAUSE TRUMP SENT MEAN TWEETS.....the result is the disaster this country has become in less than 2 years when you vote AGAINST A PERSON instead of FOR POLICIES.....You're right, this thread is not the place.....One last thought,as I talk to a lot of people daily.......I cannot find one that voted for Biden....so either they have such remorse for their decision they cannot even admit it OR........well you know the rest. Have a great day!
  • #12,337
  • Nov 8, 2022 5:32pm Nov 8, 2022 5:32pm
Quoting pipmaster77
{quote} So we voted for crime, no border, no energy independence, horrible foreign policies ALL BECAUSE TRUMP SENT MEAN TWEETS.....the result is the disaster this country has become in less than 2 years when you vote AGAINST A PERSON instead of FOR POLICIES.....You're right, this thread is not the place.....One last thought,as I talk to a lot of people daily.......I cannot find one that voted for Biden....so either they have such remorse for their decision they cannot even admit it OR........well you know the rest. Have a great day!
I am iching to reply. But I don't. End of story.
MetaTrader 4 - so many advantages.
  • #12,338
  • Nov 8, 2022 5:34pm Nov 8, 2022 5:34pm
Quoting RiskFighter
{quote} I am iching to reply. But I don't. End of story.
You don't even live here. You have no clue.
  • #12,339
  • Nov 8, 2022 5:48pm Nov 8, 2022 5:48pm
Quoting pipmaster77
{quote} You don't even live here. You have no clue.
I know a lot about the Trump era. He started 3 months after he was elected in 2016 to tell that if he did not win the election en 2020, then it would be because of fraud. Just how dumb is that? That were where it all begun. He repeated that lie again and again - long before the actual election in 2020. And he has the gift to be able to talk to less intelligent people.

I follow US politics for hours every day. I think I know a lot.
MetaTrader 4 - so many advantages.
  • #12,340
  • Nov 8, 2022 6:33pm Nov 8, 2022 6:33pm
Quoting RiskFighter
{quote} I know a lot about the Trump era. He started 3 months after he was elected in 2016 to tell that if he did not win the election en 2020, then it would be because of fraud. Just how dumb is that? That were where it all begun. He repeated that lie again and again - long before the actual election in 2020. And he has the gift to be able to talk to less intelligent people. I follow US politics for hours every day. I think I know a lot.
Haha anyone is better than Joe Biden. Trump is 100000% better than Biden Period. It is actually other way around whoever voted for Biden knows whats going on.
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