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Best place in the world to trade from?

  • #21
  • Jun 28, 2009 1:18pm Jun 28, 2009 1:18pm
You should check out http://www.escapeartist.com/

Lots of good expat information there,.
  • #22
  • Jun 28, 2009 1:28pm Jun 28, 2009 1:28pm
Quoting Tjpld
I find my hometown/region the best place to trade because:...
Till your post I had not seriously considered Europe. I'm a tropical minded person and have property on the pacific coast of costa rica - near panama - but internet is still an issue (hell Cell Phone is stil a prb where I want to build). I'll have to give Europe some more thought.
In trading, there is no bullshit. You either make money or you don't.
  • #23
  • Jun 28, 2009 1:50pm Jun 28, 2009 1:50pm
There is no place where I'd rather want to live.
You'll never find so much varierty anywhere else in the world.
If I want I can go to Paris,London or Amsterdam etc for a daytrip. Boom
totaly different country, different language and culture. It's awesome.
  • #24
  • Jun 28, 2009 1:59pm Jun 28, 2009 1:59pm
Quoting Tjpld
There is no place where I'd rather want to live.
You'll never find so much varierty anywhere else in the world.
If I want I can go to Paris or Amsterdam for a daytrip. Boom
totaly different country, different language and culture.
Europe is great............. if, you have the money to afford variety and a job that allows you the time for it.
Living the adventure in my head.
  • #25
  • Jun 28, 2009 2:03pm Jun 28, 2009 2:03pm
One has to think of the future as well, and Europe has a lot of social security issues (pension crisis, etc) that it's going to have to deal with over the next ten years. The Euro is also on a very thin thread as well. So don't necessarilly look at how any country is right now but how it will be in the near future and long term.
  • #26
  • Jun 28, 2009 2:17pm Jun 28, 2009 2:17pm
Good thread Rich,

The Bahamas levies neither personal income nor capital gains tax, nor are there inheritance taxes. The climate im sure is great.
Economists have forecast 9 out of the last 5 recessions
  • #27
  • Jun 28, 2009 2:23pm Jun 28, 2009 2:23pm
That's simple: My office.

!
Probability Professor
  • #28
  • Jun 28, 2009 2:29pm Jun 28, 2009 2:29pm
Timezone is a factor as well. If you like to trade London for instance in Costa Rica which I love an am planning a move to possibly it is very late.
The trend always ends.
  • #29
  • Jun 28, 2009 2:38pm Jun 28, 2009 2:38pm
just curious,
how much ROI average a year can get from trading an account full time?
I checked some successfully turtle hedge funds on average >15% a year is good. is that true? (oh but that deduced some manage fee)

then would need a pretty big acc 500k? to make an average income...right?

I am under impression that trade full time would go scalping coz otherwise have nothing to do if only trade day time-frame .... chart don't move at all...

I don't pay a tax trading stock or forex or futures but I doubt that can make good enough...
even beating bank loan rate of 5% safely seems a tough job risk free.
(risk free means rarely use leverage, dynamic loss rarely goes >10%, 97% trades close in profit)

kindly share some data if ever proved that this works.

Quoting fxRichard
...so i am contemplating moving but unsure of where to. The ideal place needs to offer the following:

1 - Great weather and scenery (preferably tropical or mountains)
2 - Inexpensive living - best bang for the buck etc.
3 - Good schools (for our kids)
4 - Safe for Americans / foreigners etc.
5 - English is prevalent thus making it easy to get around (if outside of the US)
6 - Low crime
7 - Hight speed internet available (this is a MUST)
8 - ....anything else you can think of.

Right now I am looking into Phuket Thailand but looking for input...
  • #30
  • Jun 28, 2009 3:16pm Jun 28, 2009 3:16pm
Quoting Leonlorenzo
Europe is great............. if, you have the money to afford variety and a job that allows you the time for it.
If you don't live in Munich or Paris it's not that expensive to live in Europe.
Some of my friends booked a flight to Spain for like 40 Euros with RyanAir last year.
It's easy to get around when you don't have to travel 2000km just to get to the next country like in the US, Australia or Russia.
  • #31
  • Jun 28, 2009 3:23pm Jun 28, 2009 3:23pm
Tdion recently(a couple of months ago) moved to Germany, a work related move If I remember correctly. He hasnt been here much, If atall, he must be having a good time.
Living the adventure in my head.
  • #32
  • Jun 28, 2009 3:32pm Jun 28, 2009 3:32pm
He's probably busy testing our 600 differnt kinds of bread.
  • #33
  • Jun 28, 2009 3:37pm Jun 28, 2009 3:37pm
Quoting Tjpld
He's probably busy testing our 600 differnt kinds of bread.
Bread? Including the "fluid bread" as we call it in Brazil? I feel deeply sorry for Tdion...

http://www.moonbattery.com/archives/german-beer.jpg
Many share my views with me. But I don't share them with them...
  • #34
  • Jun 28, 2009 4:44pm Jun 28, 2009 4:44pm
Quoting Tjpld
He's probably busy testing our 600 differnt kinds of bread.
That's an awesome thing you share with France... although I'm not sure which of both have the record...
I can't live without bread ...
  • #35
  • Jun 28, 2009 5:02pm Jun 28, 2009 5:02pm
Quoting doblece
That's an awesome thing you share with France... although I'm not sure which of both have the record...
I can't live without bread ...
Well, this competition is unfair...

Brazil has almost 600 kinds of.... hum...... taxes...
Many share my views with me. But I don't share them with them...
  • #36
  • Jun 28, 2009 5:07pm Jun 28, 2009 5:07pm
Quoting HouseTrader
Well, this competition is unfair...

Brazil has almost 600 kinds of.... hum...... taxes...
AND

we don't have public health, public transportation, public school, public security.....

So where the heck all the money go... Ask the "Obama's Man"...

http://img4.allvoices.com/thumbs/eve...obama-lula.jpg
Many share my views with me. But I don't share them with them...
  • #37
  • Jun 28, 2009 6:07pm Jun 28, 2009 6:07pm
Quoting Fear717
Yea go with quebec
Don't get me started on that subject. Please.
Independent Quebec would survive for ~ 2-3 years Then they would be begging to be Re-Patriated.
  • #38
  • Jun 29, 2009 1:19am Jun 29, 2009 1:19am
Quoting Bemac
Don't get me started on that subject. Please.
Independent Quebec would survive for ~ 2-3 years Then they would be begging to be Re-Patriated.
Feeling generous there fella!

Oh the memories I have of arguing with daddy while sitting at the DMZ. Him explaining that Parizeau was a great man, me explaining that he was a jerk. He and I arguing.

Oh to be young again!

Singapore is some place I'm looking at. Not exactly cheap but worth it.
Not all sins are created equal
  • #39
  • Jun 29, 2009 1:39am Jun 29, 2009 1:39am
Take a look at Puerto Rico -its got the only rain forest in the USA and some areas and developments are very nice.

Then there's the Virgin Islands - I lived in the BVI for 6 years and traded commodities whislt running a couple of boats....Larry Williams who also does some trading was on a neighbouring island in the USVI - hint look into their special tax breaks http://www.forexfactory.com/images/icons/icon12.gif

For FX trading, I'm happly back in Europe in the Balearic Islands - the boating's good here too......the Canary Islands are also worth a look.....but as my handle says, I'm an Islander http://www.forexfactory.com/images/icons/icon6.gif
Trading Levels with WRBs
  • #40
  • Jun 29, 2009 3:19am Jun 29, 2009 3:19am
Quoting Islander
Take a look at Puerto Rico -its got the only rain forest in the USA and some areas and developments are very nice.

Then there's the Virgin Islands - I lived in the BVI for 6 years and traded commodities whislt running a couple of boats....Larry Williams who also does some trading was on a neighbouring island in the USVI - hint look into their special tax breaks...
I second Islander on Puerto Rico...
My wife and I have been looking into buying a vacation/eventual retirement home in the carrib for about a year now.
We have concluded PR is Ideal. (away from the the tourist areas of course).
RE prices are reasonable, compared to the rest of the carrib. If you had to, you could get a satelite ISP. And best of all, they are a commonwealth of the US, thus, no federal income taxes.
If you stay long enough to retire, Medicare is accepted.
Growing up in NYC, I wouldn't say we are conversant in spanish, but we know enough to get around. And that would change as we spend more time there.

PS... Islander... I assume you were in the charter biz?, or maybe the dive biz.
Peter Island is our favorite place in the world...
Have stayed in Tortola about 20 times, started going in 87.
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