How to buy a farm house by trading markets!

[yasirdxb]

Hi Yasir,

Hope i am not asking out of Context :thumb:question, just wanted to ask,
1) Which Forex Broker you are using?
2) What Time (IST) You generally trade?
3) Trading Forex from India, in what tax structure it comes.and what precautions or points should one consider trading forex from India.

Hope i am not Disturbing you.\

Thanks In advance
Avinash

In fact I trade with 4 brokers. IB,Forex.com,fxcm and Oanda.

I live in Dubai. I usually trade London open to NY close.

Since I am an NRI, I don't pay any taxes on trading profits in India.Dubai is tax free. when I contacted a tax consultant for an advice, he told me that I'll have to pay capital gain tax if I was trading from India.

Yasir.

 

[avinashtiwari22]

In fact I trade with 4 brokers. IB,Forex.com,fxcm and Oanda.

I live in Dubai. I usually trade London open to NY close.

Since I am an NRI, I don't pay any taxes on trading profits in India.Dubai is tax free. when I contacted a tax consultant for an advice, he told me that I'll have to pay capital gain tax if I was trading from India.

Yasir.

Hi Yasir,

Thanks for your kind reply...:clapping:

Regards,
Avinash

 

[yasirdxb]

Xau/usd long trade stopped out @ 867.00

P/L = -300

Total P/L = 485 pips
------------------
New trade:-

Eur/usd long @ 1.3190 - stop loss @ 1.2760 - target @ open

 

[yasirdxb]

New Trade:-

Usd/cad long @ 1.2170 - stop loss @ 1.1790 - target @ open

Open Trades:-

Eur/usd long @ 1.3190 - stop loss @ 1.3190 - target @ open
-----------------------------------------------------------

 

[yasirdxb]

New Trades:-

Gbp/usd short @ 1.4890 - stop loss @ 1.5375 - target @ open

Eur/gbp long @ 0.8900 - stop loss @ 0.8600 - target @ open


Open Trade:-

Usd/cad long @ 1.2170 - stop loss @ 1.1790 - target @ open

Eur/usd long @ 1.3190 - stop loss @ 1.3190 - target @ open
-----------------------------------------------------------

 

[yasirdxb]

Trade updates:-

Eur/usd long @ 1.3190 - stop loss @ 1.3190 - target @ open

Trade closed @ 1.3260

P/L = +70

Total P/L = +555 pips
--------------------
New Trade:-

Eur/jpy long @ 131.00 - stop loss @ 126.75 - target @ open

Open Trades:-

Gbp/usd short @ 1.4890 - stop loss @ 1.5375 - target @ open

Eur/gbp long @ 0.8900 - stop loss @ 0.8600 - target @ open

Usd/cad long @ 1.2170 - stop loss @ 1.1790 - target @ open
-----------------------------------------------------------

 

[yasirdxb]

Trade updates:-

Eur/gbp long @ 0.8900 - stop loss @ 0.8600 - target @ open

closed @ 0.8800

P/L = -100

Usd/cad long @ 1.2170 - stop loss @ 1.1790 - target @ open

Closed @ 1.2050

P/L = -120

Total P/L = +335 pips
--------------------

Open trades:-

Eur/jpy long @ 131.00 - stop loss @ 126.75 - target @ open

Gbp/usd short @ 1.4890 - stop loss @ 1.5375 - target @ open
-----------------------------------------------------------

 

[yasirdxb]

New Trade:-

Eur/gbp long @ 0.8820 - stop loss @ 0.8600 - target @ open

Open Trades:-

Eur/jpy long @ 131.00 - stop loss @ 126.75 - target @ open

Gbp/usd short @ 1.4890 - stop loss @ 1.5375 - target @ open
-----------------------------------------------------------

 

[yasirdxb]

Trade Updates

Eur/jpy long @ 131.00 - stop loss @ 126.75 - target @ open

Stopped out @ 126.75

P/L = -425

Gbp/usd short @ 1.4890 - stop loss @ 1.5375 - target @ open

Closed @ 1.4525

P/L = +365

Total P/L = +275 pips

Open Trades:-

Eur/gbp long @ 0.8820 - stop loss @ 0.8600 - target @ open
----------------------------------------------------------

New Trades:-

Usd/cad short @ 1.2380 - stop loss @ 1.2775 - target @ open

Aud/usd long @ 0.7000 - stop loss @ 0.6775 - target @ open

Gbp/jpy long @ 142.50 - stop loss @ 138.00 - target @ open

 

[yasirdxb]

Trade Updates

Eur/gbp long @ 0.8820 - stop loss @ 0.8600 - target @ open

closed @ 0.8980

P/L = +160

Total P/L = +435 pips
--------------------
Open Trades:-

Usd/cad short @ 1.2380 - stop loss @ 1.2775 - target @ open

Aud/usd long @ 0.7000 - stop loss @ 0.6775 - target @ open

Gbp/jpy long @ 142.50 - stop loss @ 138.00 - target @ open