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Best place in the world to trade from?

  • #681
  • Jan 4, 2016 12:15pm Jan 4, 2016 12:15pm
Quoting zackery
{quote} a religious attitude has something to do with the existence of poverty and solution is wealthiness and education and not with single idol worship. Especially poor people needs something that helps to overcome this poverty and time of war. This is what history tells us. Enough with religion please,lets talk about more beautiful places to trade. Anyone trading from French Polynesia or Tahiti??I would love to hear everything from there.

Wth does the poor have to do with our discussion?! Are you that foolish to think that a "religious attitude" has resulted in the existence of poverty?!!

Take your own advice and educate yourself before making ridiculous statements. Some poor people maybe so because they have nothing to eat but there are others who are poor because they are devoid of anything intellectually.

Unfortunately, I would count you as one of the latter.
  • #682
  • Jan 4, 2016 1:11pm Jan 4, 2016 1:11pm
This is no form of attitude
  • #683
  • Jan 4, 2016 6:08pm Jan 4, 2016 6:08pm
Quoting forexsaint
{quote} I have been searching/evaluating places, for moving there permanently/mostly, as regarding my full time trading is concerned; i like Switzerland over other options i sorted for myself > Dubai(love the Time zone) & NewZealand (Time zone sucks though) But as am not in Europe(read about easy access to other european country residents), i am seeking information on what are the other requirements/eligibility to move there except of course money/money guarantees? I am yet to seek this info actively (as i am still deciding; as there...
I believe NZ treats day trading as a business activity and you liable to personal income tax rates. Although long term investments remain free from capital gain tax.
  • #684
  • Jan 4, 2016 6:31pm Jan 4, 2016 6:31pm
Switzerland is Beautiful...
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  • #685
  • Jan 4, 2016 10:54pm Jan 4, 2016 10:54pm
For me best place for trading is my home I feel comfortable while trading at home . I do trading early in the morning when there is less disturbance. I am working with a good and trusted broker so I had no fear of insecureness. I can trade every where with confidence.
  • #686
  • Jan 5, 2016 6:30am Jan 5, 2016 6:30am
Quoting zackery
{quote} Hi PMak, well to be honest I see the same problem with the time for surfing ,too . So a few years ago I decided to quit the LOWER timeframes and stay just with Daily and up. And it was the right way for me.Not too much stress and the time to live how I would like to. I live in the franfurt area in Germany since childhood and yes ,we have the German citizenship. All I can say about German is :for those who have no problem with the winter Germany could be nice place to liv and trade for sure. Regarding the citizenship:I know a person who has...
Not bad advice, I'll have to try daily and up, I just like momentum trades where I'm done in a few minutes and I enjoy spending an hour or two trading with the price action after news. I'm getting bored of the beach to be honest and should spend time working on some new daily strategies.

I did apply to get my citizenship back just now (Grüsse Aus Wien) but if I want to keep my Canadian citizenship then I cannot live here for the next 7 years.... then I can keep both... and since I won't spend winters here I'm considering Vienna 6 months a year, 3 months in Bulgaria or Romania, and then 3 months somewhere warm. Wether Thailand or Colombia or Ecuador.
  • #687
  • Edited 6:53am Jan 5, 2016 6:40am | Edited 6:53am
Any Trader here from Polynesia (Hawaii,Tahiti,Cook Islands,Fiji,etc.) ??
  • #688
  • Jan 5, 2016 4:35pm Jan 5, 2016 4:35pm
Quoting PMak
{quote} Not bad advice, I'll have to try daily and up, I just like momentum trades where I'm done in a few minutes and I enjoy spending an hour or two trading with the price action after news. I'm getting bored of the beach to be honest and should spend time working on some new daily strategies. I did apply to get my citizenship back just now (Grsse Aus Wien) but if I want to keep my Canadian citizenship then I cannot live here for the next 7 years.... then I can keep both... and since I won't spend winters here I'm considering Vienna 6 months...
sounds good for you and well deliberated.
Hope you get both citizenships after those years waiting for it.
After 5 years in the states we could and will apply for the US citizenship but we have to apply in germany for the 2 . citizenship also in which we have to create our obligations.
I cannot wait to go to surf
Stay tuned Z.
  • #689
  • Sep 5, 2018 8:03am Sep 5, 2018 8:03am
Ok I know I'm a little late to the party but someone's gotta defend the +254

1 - Great weather and scenery (preferably tropical or mountains) Not sure what you mean when you say great weather, but Kenya's on the equator. This means it's almost always hot throughout the year (it averages around 22 degrees Celsius. Not sure how hot that is where you're from, but I'm wearing a tank top while I type this so...) with a lil bit of rain going for you every three or so months. But when it rains, the weather goes all out, sometimes turning the capital into a swimming pool xD) As for the scenery, that depends on where you choose to go

2 - Inexpensive living - best bang for the buck etc. 1$ = 100kes. We have corrupt/shitty people in office so every few months or so it's value will skyrocket to 105-110 (If that amazes you, wait till you try converting the GBP). However that doesn't mean a thing when you're a forex trader. 3,000$ can easily get you through a year if your frugal, or you could kick it like a king for about a month or so and still have change to spare. Also the government is as clueless as it gets when it comes to forex trading (it's considered gambling) so the tax is 5% on ROI.

3 - Good schools (for our kids). We have some big schools out here. International schools, if that's your poison. Honestly you'd be spoiled for choice

4 - Safe for Americans / foreigners etc. Foreigners can pretty much get away with anything in Kenya (thanks to the power of the almighty $$$). Commit any crime (short of murder) and you get away with a slap on the wrist. But for the most part, petty offences (which means anything that is short of murder) generally get settled outside the court. Police officers go out of their to get people to not go to court so that (for their service) you grease them with some change

5 - English is prevalent thus making it easy to get around (if outside of the US) Every kid speaks English almost as fluently (if not more fluently) as they speak their mother tongue

6 - Low crime Most of the crime is tribal or politically aligned. We're still a young nation so it might be a while before we reconcile our differences. But that doesn't mean you'd actually be targeted. If you happened to walk into a fight you're more likely to walk out of it unscathed (and maybe with a few selfies with a bunch of roughnecks) than relieved of your possessions. But as a foreigner living in the country, you'd be hard pressed to get into trouble with troublesome people (every country has it's share) unless of course you go looking for it

7 - High speed internet available (this is a MUST) Internet is available almost everywhere in major and minor cities across the country. The government's heavily invested in laying fiber cables almost everywhere, and where they fall short you can get reliable 4G speeds on your smartphone/ modem device (if you use one of those). If you're down for the nomad lifestyle, you'd seriously enjoy it.

8 - ....anything else you can think of. Right now I am looking into Phuket Thailand but looking for input to see what others recommend. Thanks.[/quote] Hold up, you're looking into Thailand??? Kenya can't compete with that!!!!! I'm out.

ps. to the Kenyans who read this, all I can say is, I tried
  • #690
  • Sep 6, 2018 5:03am Sep 6, 2018 5:03am
My first thought was Switzerland, but I don't think it covers the inexpensive living part.
  • #691
  • Sep 7, 2018 1:00pm Sep 7, 2018 1:00pm
Moving around is also a great option.

I know a trader who moves around the world house sitting. He always makes sure the house he is going to sit has good wifi and trades from his laptop.

Doesn't have any kids though.

We are so lucky to live when we do, to have so many places with good internet, it seems criminal not to take advantage of it.
  • #692
  • Sep 8, 2018 6:58am Sep 8, 2018 6:58am
You got it right in first post Phucket Thailand is the best place in the world...
You win some you loose some do both with peace of mind
  • #693
  • Sep 19, 2018 4:00pm Sep 19, 2018 4:00pm
Quoting magne999
You got it right in first post Phucket Thailand is the best place in the world...
hawaii is the best for the D1-Trader...
Trading with and in the right time-zone?
I live in Germany right now and I am trading the D1-TF exclusively and it sucks because my Trading mostly begins at near midnight (D1-candle opens around 1 hour before midnight :-((
so the best Time-zone for a D1-Trader is definitely in Hawaii becuase it begins around midday and I am finished after 1-2 hours and than heading to the beach :-))
So my wife and I have planned our immigration since nearly 20 decades and we will immigrate to the US at late November this year (flights are already booked )
stay tuned...
Z.
  • #694
  • Sep 20, 2018 10:07am Sep 20, 2018 10:07am
Regarding the time zones, I think that what matters the most is which trading session you're using the most to trade. For example, if you are trading the Tokyo one you may want to be in a time zone when you will be wide awake for it. For me that trading session is during the night, so I mostly avoid it.
  • #695
  • Edited Sep 21, 2018 1:58am Sep 20, 2018 8:56pm | Edited Sep 21, 2018 1:58am
Quoting iameriko
Ok I know I'm a little late to the party but someone's gotta defend the +254 1 - Great weather and scenery (preferably tropical or mountains) Not sure what you mean when you say great weather, but Kenya's on the equator. This means it's almost always hot throughout the year (it averages around 22 degrees Celsius. Not sure how hot that is where you're from, but I'm wearing a tank top while I type this so...) with a lil bit of rain going for you every three or so months. But when it rains, the weather goes all out, sometimes turning the capital into...
Interesting...Which place in Africa has the most concentration of vultures? I want to trade from that place.
Staying in my lane...
  • #696
  • Sep 21, 2018 1:43am Sep 21, 2018 1:43am
dubai, monacco = 0 % taxes on capital returns
  • #697
  • Sep 21, 2018 1:50am Sep 21, 2018 1:50am
Inside CIA
  • #698
  • Sep 21, 2018 1:59am Sep 21, 2018 1:59am
Quoting Upwave
dubai, monacco = 0 % taxes on capital returns
Both are damn expensive. You better have a minimum of 1M in trading capital :-
Staying in my lane...
  • #699
  • Sep 21, 2018 6:18am Sep 21, 2018 6:18am
which is the best place to trade forex where authorized ECN brokers open account with govt. backing no frauds....please tell seniors...
  • #700
  • Last Post: Feb 8, 2021 12:06am Feb 8, 2021 12:06am
I just read the whole thread and noticed that many people claim to prefer the London session because of the high volatility. Sounds odd to me because I think the London session can't hold a candle to the NY session. But most of these posts date back to 2009-2011. I wasn't a trader back then, so I guess London was better than NY then and things changed with time? Also sounds like an odd theory, but I thought I'd ask and find out.
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