How to live and trade offshore (Singapore, etc)?

Discussion in 'Trading' started by carrer, Jan 11, 2017.

  1. Overnight

    Overnight

    Why not just trade what is legal in your country, learn that market, rather than try to skirt around with all these deceptive moves?
     
    #11     Jan 12, 2017
    vanzandt likes this.
  2. vanzandt

    vanzandt

    51Bo26I-q+L._SY346_.jpg
     
    #12     Jan 12, 2017
  3. Overnight

    Overnight

    Vanz, I am pretty sure that trading grass grown with human shit would be a deceptive practice. Cow shit makes grass much greener.
     
    #13     Jan 12, 2017
  4. Becka

    Becka

    Why not use a VPN ?
     
    #14     Jan 12, 2017
  5. JackRab

    JackRab

    No, I can vouch for Vanz... I'm on a sceptic system, any shit does wonders :D
     
    #15     Jan 12, 2017
  6. One easy way around this is to simply not live in that country anymore. Relocate to a new a country and operate through there.

    You could opt to simply move from country to country every few months so you would not need a work visa nor be tax complaint. Your ability to move around is limited by your nationality (which I do not know). But for example, for G7 nationals, it's very easy to move around Asia (or the world) and continue trading.

    Another option is to set up an off-shore company and trade through that. Although I do not know the law in your country (if it is restricted to be done by a person in the country even if its through an off-shore entity)?

    Finally, if you are concerned about moving around too much, you could simply establish a bon a fide trading company in another country and then go live there. Where you would be allowed to do this, I do not know (restricted by your nationality).

    If all of these options are too expensive or impractical for one reason or another, then you may simply have to consider alternative trading strategies.
     
    #16     Jan 12, 2017
    carrer likes this.
  7. carrer

    carrer

    Not India.
     
    #17     Jan 12, 2017
  8. carrer

    carrer

    I shall look into options, although I am not familiar yet.

    P.S.
    I should look into options because it gives me more security, protected from black swan events, which I am very afraid of since I hold my positions for weeks.

    Also, as of now, I am still growing my capital and the margin is not enough to trade futures in diverse at one time. I think options is the best option for me.
     
    #18     Jan 12, 2017
  9. Just a few minor points:

    Not all options are safe (naked puts or naked calls can be dangerous)

    If you are growing capital you may wish to avoid highly leveraged trading strategies that can easily wipe out your entire capital. It might be safest to take the bulk of your assets and invest in safe simple stocks. And perhaps with the equivalent of 5-10% of your portfolio practice with the more leveraged/risky trading strategies.
     
    #19     Jan 13, 2017
  10. luisHK

    luisHK

    You still need to grow your capital before trading futures, but you already want to get a residency in Singapore as an entrepreneur/investor/trader ?!?
     
    #20     Jan 13, 2017
    p0box4 likes this.