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I'm filing my US income tax with income from Forex and was wondering if I can deduct the cost of hosting services and tech service that I needed to trade from the Forex profit, or should be enter as a deduction from the overall income.
Forex profit = 3,600 ........what my broker statement reported
Cost of tech services =2,600 ........indirect cost but have receipts
Do I enter each desperately or just report profit as 1,000
submitted by If I am a US resident but use a broker outside the US which accepts US clients are my winnings technically illegal if my broker doesn’t abide by maximum leverage, FIFO, and hedging/netting laws?
Or if I trade with an unregulated broker at all is that illegal? As long as I pay taxes on my winnings right?
Thanks in advance.
submitted by As an ex prof FX trader I'm horrified that places like Oanda trigger buy stop orders off the offer and vice versa. That is criminal. Are there any US brokers that allow stop bid and stop offer orders? I see dukascopy allows them but they don't allow US customers. Thanks
submitted by I'm writing this web scraping program that takes the forex retail trading sentiment from IG Markets and displays it in the console. Here's the code I got so far:
import bs4, requests def getIGsentiment(pairUrl): res = requests.get(pairUrl) res.raise_for_status() soup = bs4.BeautifulSoup(res.text, 'html.parser') elems = soup.select('.price-ticket__sentiment') return elems[0].get_text(" ", strip = True) retail_positions = getIGsentiment('https://www.ig.com/us/forex/markets-forex/eur-usd') print ('EUUSD: ' + retail_positions[0:32].rstrip() + '.')) retail_positions = getIGsentiment('https://www.ig.com/us/forex/markets-forex/eur-chf') print ('EUCHF: ' + retail_positions[0:32].rstrip() + '.')) This code is for 2 pairs, however, I need the output for 26 pairs and I don't want to type the url 26 times.
Is there a way to do this? I was thinking lists or dictionaries but don't know where to start.
BTW, I'm new to programming, I just read Automate the boring stuff up to the web scraping chapter and that's how I wrote this.
Thank you.
EDIT: I got it
pair_list = [
'eur-chf',
'eur-aud',
'eur-jpy'] for i in range(len(pair_list)): retail_positions = getIGsentiment(
'https://www.ig.com/us/forex/markets-forex/' + (pair_list[i])) pair = pair_list[i] print(pair, retail_positions[0:32].rstrip() +
'.')
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