Hey guys, I'm starting this thread to learn a bit more from people that have experience (or knowledge) about trading US stocks from the UK via a limited company. Obviously, anyone visiting this thread should get advice from an accountant before actioning anything that they have learnt on here. This thread is just a place to share knowledge and experience. I have very little knowledge about tax, and would like to hear some of your views. My broker is CMEG (Trinidad and Tobago), and I trade the US stock market. Is there anything that I should be aware of if I plan to trade using this setup via a limited liability company? Will I have to pay US tax? Will I have to pay T&T tax? Are there extra forms that I have to fill out for HMRC because of this setup? Is it even financially advantageous to trade using this setup? Or is it better to just trade as an individual? I will be asking my accountant over the next few days so will post anything that I learn. Thanks in advance!

Here you will find the different payment options https://www.dastrader.com/form-sub-ib.html

Hey MattfromNZ! I'm still learning. That being said, My watchlist is focussed on both small/low floats with (blah, blah, blah) and known stocks with well known Range-Of-Day price action (of course with setups, news, etc). It is both for the quick and fast (scalping) and long haul stocks (those stocks I don't mind holding for the next 3 months or more). If I am going to hold a stock once I leave my home office, it can only be a stock I am comfortable with as an investment stock. Otherwise, I take a loss and leave for work ready to focus on my work. Strategy wise, I focus on levels, and chart pattern for confirmation of entries. BUT, I am not the one to ask about proven strategies and whatnot. There are others far better at this than me. This is just my decided approach to learning, trading, etc. Scanner wise, I use the gappers list from other sites as I get up to start trading at 7:30EST. If there is nothing there, I have some faithful stocks that consistently move during the day.

I use chartlog.com for my journal. I upload all my trades directly to their site. The first thing I do each morning is start with a blank sheet of paper on my desk for notes during the trading day. I like to pick one goal to work on each day and sometimes write that on the top of the page before I start my premarket prep. If I am working on not over trading I would write something like, "today I will only take my best playbook setups." I found writing it down and looking at it throughout the day helps me stay focused on it. After each trade I note the setup I took, what was good or bad about the trade and I give it a rating based on the following criteria: GT (good trade): I took a good setup, followed my trade management plan, and made more than 1r in profit B/E (break even): I took a good setup, followed my trade management plan, but made or lost less than 1r F/S (full stop loss): Good setup, followed my trade management plan, took a 1r loss B/M (bad management): I broke more than one of my trade management rules (doesn't matter if I was green or red on the trade) B/D (bad decision): Impulsive entry, bad setup, over trading... (doesn't matter if I was green or red. For one reason or another I should not have taken the trade). If I make a B/D or B/M trade I stop and reassess my mental state. Am I able to focus 100% on good trading or do I need to take a break? Sometimes it only takes me a few seconds or a couple deep breathes with my eyes closed to refocus. Sometimes I walk away for a bit and sometimes I just have to shut it down for the day. After the trading day I enter this info into a spread sheet. I track daily, weekly and monthly. I start with my P&L, total trades taken, then how many of each category above. My goal is to keep my B/D trades at less than 10% of total trades and my B/M trades at less than 20% of my total. If I exceed that on any given day or week I make my primary focus to fix the issue the next trading day. These things have helped my significantly cut down on my over trading, forcing trades and bad setups. Then I go to chartlog and go through each trade. I go through each trade detailing the strategy used and how I managed the trade. There's also a place to make an entry about the day. I detail how I felt that morning, how my premarket prep went and how prepared I felt at the open. Then I go over any trades that I want to learn from (this also includes trades I did not take). You can do a free trial of chartlog, but I recommend paying for it so you can use their data analytics. This will help you see which of your strategies work best. Finally, at the end of each week I go over my daily notes and make a weekly entry covering what went well, what needs work and what I learned that week. I do the same thing at the end of every month and plan to do a yearly review as well. There's more info on journaling in the education center and I've found the moderators are always happy to talk about what they do. I highly recommend you start a journal and review it regularly. I always say there's no better teacher for how you trade best than you.

Just as a general suggestion for those posting scripts in this thread, I recommend posting a link to the original thread you got your hotkey from ... a lot of these hotkeys have special instructions and won't work for all users (especially the ones I create, which are mainly Firm dependent). It'll save a lot of new users some headache trying to figure out a problem that may have already been answered. Plus, you're more likely to get help with a hotkey if you post the question in the related threads to them.

This should help all of us understand how to fully utilize the Panic Hotkey Script = PANIC Description = This will close all positions in your entire account, including Real and Simulator accounts Script = PANIC ACCOUNT=myaccount Description = This will close all positions in only the specific account