Blog
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Some social media posts can meaningfully move the markets, especially when the president of USA publishes a potential ceasefire post. Here’s how the Qs (QQQ) moved on a 1 min time-frame, it was about a +3.5% spike. Most of the move materialized in just 5 price bars of 1-min. Same QQQ chart over a 5min…
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Finland, much like the other Nordic countries, has some of the highest income tax rates in the world. The taxation is progressive, the more you earn higher the tax rate, and helps fund social services (education, healthcare, etc.) and welfare programs (pension, unemployment allowance, etc.) among other things (infrastructure, salaries of politicians?). Anyway, have you…
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A Wise account has enabled me to receive withdrawals from IBKR on the same day. Very handy indeed. As I end up dealing with multiple currencies (mainly EUR, CAD, SEK, AED, INR), having a Wise account has become a life saver. Initially, of course there was reluctance in terms of trust & reliability, however, after…
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There are 3 components to the withdrawal process in IBKR: (1) Link your bank account (required only once). (2) Convert currency (only if withdrawal currency is different than the currency of cash held in your IBKR account). (3) Initiate withdrawal.