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ES = east coast US, east-ish side. I'd live in Memphis or New Orleans, because I bet they'd be like nowhere [English speaking] I'd ever been... and would give my world view some broader perspective.
I'm a westerner.
You've heard wrong about Japanese women But I do not want to be disrespectful or objectify. Some of my great friends are Japanese women, they are often excellent humans.
The problem with the US might be cost-efficiency? I do need to look more into this and research it a little better (so much to research already - I tend to prioritize the markets). The advantage is the time zone since I trade the US. Would be very nice to have a bit more normal hours.
Japan and the rest of Asia have a sub-optimal time zone for my current operations day trading US index futures. I am looking to diversify later on. Just not right now.
I'm wondering if Argentina could be something to consider. Or parts of Southern America.
Europe seems to offer many opportunities also. Possibly Eastern Europe to get most bang for the buck.
Time zone is less than ideal, but usually the same as what I'm currently doing living in Norway. Trading day officially starts at 15:30 and usually needing 30-60 minutes of preparation. Done around 22:30 if I trade the full session.
Hi there,
I live here in Argentina (for now).
It has a lot of good things: the capital city is beautiful, the weather is quite good, no earthquakes or tsunamis.... and yes, the time-zone factor.
But we do have a quite unstable economy. Right now is a good moment to come here and live with foreign currency (it was quite expensive a few years ago). And we have elections in the months ahead (and it's not looking good...)
Im living in Malaysia but not trading but have a job.
Kuala Lumpur is a great city with great internet speeds. You can find apartments for USD400 per month and the food is dirt cheap and good. Health insurance costs US2-300 per year for 1 person i pay US1000 for a family and all the doctors are educated in the US, Canada or the UK. Great place to live. People mention Thailand but thats gone expensive with the strong Bhat and with all the digital nomads that have moved there. Plus every Thai sees you as someone they will rip you off from Farang prices to cab drivers and landlords. Pretty much anyone sees you as fair game. Plus its busy as hell and when its burning season say goodbye to your lungs and clean air.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
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I think you will find that places like Florida (and Texas) are cheap compared to Western Europe (and NY, the Northeast and California) and are still highly developed western countries and have extremely favorable tax environments.
The two big problems with the US are
a) Visa
b) Medical Insurance/Coverage
Personally I felt trading the European session from Tokyo gave me the most daylight, meaningful things to do during the day, and quality of life. U.S. east coast is OK but you get cooped up at your desk through most part of the daylight and the quality of life is pretty bad in most parts of the U.S.
Hong Kong and Singapore have the same time zone advantage as Tokyo, great tax rates, food and quality of life, but housing is expensive there. They would be in my 2nd favorite tier.
For a good deal, if most of your income is in EUR or USD, then Riga and Lisbon all have decent infrastructure and quality of life. Krakow can be even cheaper but the air pollution is like Beijing. Zurich, Moscow and St Petersburg are similar if not slightly better in things to do except more expensive. These are all probably in my 3rd tier.