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Daytrader as a round-the-world traveller

  • #41
  • Edited 6:28am Jan 3, 2016 6:14am | Edited 6:28am
It is good to see that the percentage of the "wildly successful traders" in this thread is much higher than it would be predictable from the statistics... The only person who is missing from this thread is the great Baron Munchausen...

He would be the one trading while flying on a cannon-ball via satellite connection to his low latency VPS in NYC...

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  • #42
  • Jan 3, 2016 6:18am Jan 3, 2016 6:18am
  •  Zinot
  • | Joined Dec 2015 | Status: VUIP - Very UnImportant Person | 138 Posts
Quoting MasterGuru
It is good to see that the percentage of the "wildly successful traders" in this thread is much higher than it would be predictable from the statistics... The only person who is missing from this thread is the great Baron Munchausen... {image}
Insanity: doing the same over and over again & expecting different results!
  • #43
  • Jan 3, 2016 6:53am Jan 3, 2016 6:53am
Quoting PMak
{quote} Hi, are you still in Malta? I have been in Phuket for the last 2.5 years and am getting a little restless and find the time difference not ideal for my lifestyle. I sure like the European timezone!
forum algorithm activated dead forgatton thread and gained attention,this how forums keep people around
  • #44
  • Edited 4:46pm Jan 3, 2016 8:15am | Edited 4:46pm
Quoting MasterGuru
I guess only 1% of the traders have this luxury (see below pie chart from "newschool's" website), and probably less than 1% is really into being on the move all the time. It may sound like fun traveling the world with a laptop, but after a few years it can get "old"... Like everything in life... Even a brand new Bentley or a luxury yacht will get "old", not to mention the girls at each port... Of course one can always buy the newest cars and gadgets, but if you devote some time reading into the "science of happines", you will be surprised to see...
I suppose a day job and staying in the same place doesn't get old. Just take the pie chart and replace "trader" with "business man".

Traveling can get boring but if you stay in the same place for a while and set up a "home base" like for example in Thailand and then travel everywhere in South East Asia it's pretty good. If it wasn't for the time zone I'd stay.

I think a European Base and traveling the globe is perfect. Comparable to having a good job with a 20 hour week and traveling the world alot.
  • #45
  • Jan 3, 2016 11:28am Jan 3, 2016 11:28am
You are right. Being free of bosses and set work hours, having a home base in Europe/USA and traveling for vacations around the world seems to be the best choice. But living from a suitcase is not much fun after a time.

Currently I am in Thailand (where I am a returning visitor), so I know what I am talking about. It is real fun until it grows "old" on you...
  • #46
  • Jan 3, 2016 11:35am Jan 3, 2016 11:35am
am mildly successful... not bought a Ferrari yet... dabbled in a few countries... once i was in Japan and South Korea for 3 months... twas tough trading ....coz of the time zone thing.. am from GMT+3 ....

my ultimate goal is.......
practising coitus interruptus
  • #47
  • Last Post: Jan 3, 2016 4:49pm Jan 3, 2016 4:49pm
Quoting MasterGuru
You are right. Being free of bosses and set work hours, having a home base in Europe/USA and traveling for vacations around the world seems to be the best choice. But living from a suitcase is not much fun after a time. Currently I am in Thailand (where I am a returning visitor), so I know what I am talking about. It is real fun until it grows "old" on you...
I have been in Thailand for almost 3 years now and it is getting old, mostly because the time zone doesnt chive with my lifesyle and trading times. The US market opens 8pm Thai Time and that's too late for me. Plus the humidity is starting to drive me nuts. So now I'm looking at Europe with winters in Colombia or Thailand.
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