The drop right after the ex dividen day suppose to reflect all the dividen they riets pay to shareholders, and it also reflect some people can claim back the 20% tax. I cannot claim any tax return so if i direct get the dividen would cost me more since the 20% dividen tax is much more than 2x...
sell before the ex-dividen date then buy back only costs me transection fee while I earn through the whole year holding without the 20% dividen tax. I just want to see if I miss anything.
UK Reit charges 20% tax for dividend, can I sell it before the dividend date then buy it back to avoid it? Or it charges for everyone then sends to their accounts so I don't even need to do that?
By the way I am not an UK resident and try to invest in UK Reit as a foreigner through local IB...
I am going to build a trading system and use with the broker "Interactive Broker" API.
The API supports C++ Socket, Java Socket, DDE, Active X APIs in Windows.
The API supports Java Socket API, Posix C++ Socket API in Unix kind like Ubuntu.
My trading system has some real time long calculations...
I think it is a natural human behavior to talk posturing if they consider they are good, of course they may be not really good.
T2W website design is better.:)
Welcome to share your comment! I have been around in both places and here is my thought:
EliteTrader has much higher % of professional level but Trade2win has more people. The topics in Trade2win mainly are not serious and people just hang around.
Before you trade anything every month, you are losing $134 + VAT monthly fee already and don't sound like you know what you really want and plan, then how to trade? More is not better.
I read Interactive Brokers (IB) profile and it seems like they only make money by being electronic broker and market maker. Do they invest a lot by their own money? I know the boss is great but I am not sure if he personally invests money or the company generates money by "investing" everyday.