What would you do if you were me?

Discussion in 'Trading' started by Randalli, Oct 23, 2023.

  1. zghorner

    zghorner

    so learn the language. great start. Isn't this exciting?
     
    #61     Oct 24, 2023
  2. Pekelo

    Pekelo

    This is what I would do. Assuming you can find a country where your cost of living is significantly lower than the current one, that gives you:

    1. More time to figure out what to do.
    2. Life experience. After all, life is a journey.
    3. Maybe some local investment opportunities.

    There is a subreddit for digital nomads for more info (cost, tax, life style)

    reddit.com/r/digitalnomad

    As for trading, you have to figure out if you actually have a decent trading skill or you were just using the right trades at the right time (aka luck). Nothing wrong with that, but may not be repeatable.

    Look into living in Vietnam, cost is very cheap, nice country and maybe close to you.
     
    #62     Oct 24, 2023
    ironchef and zghorner like this.
  3. Randalli

    Randalli

    Yes, you are right. Although I have been trading for 5 years, I am not sure about my trading level now, so I will use simulated trading when I try futures.
    I have learned about Vietnam. I even want to apply directly to a language school in Vietnam to learn English. The tuition fee + single room accommodation is about 1,100 US dollars a month.
     
    #63     Oct 24, 2023
  4. bone

    bone

    You can get certified by software companies in all sorts of software tools that would allow you to work remotely.

    Even if you were to trade (which I would not really recommend in your current situation), you will need a "real" job to cover cash flow and expenses.

    I wish you good fortune, and please be very careful.
     
    #64     Oct 24, 2023
    TheDawn likes this.
  5. Cnc machinst.

    Last I saw companies will pay you to train and then hire you for a good wage.

    Good stable employment with no debt.
     
    #65     Oct 24, 2023
    bone likes this.
  6. u have $300k USD in china right now? since u are chinese living in china, you probably realize what most chinese live on per year right? i'm 90% confident if u cut some of your living expense (luxury things that you don't need, or if you live in an expensive city like beijing, shanghai, shenzen, move to a cheaper chinese city), it will last you till you died in china. am i right or wrong with this assumption? and since you don't feel confident trading right now and uncertain about the future. just live with your $300k. being that age at 42, divorce and no kids, i understand if you don't want to waste your time trying to learn new skills or find jobs trying to compete against college graduate that makes very little money. having $300k in china means you already have "won" compare to your average chinese citizen.
     
    Last edited: Oct 24, 2023
    #66     Oct 24, 2023
    TheDawn likes this.
  7. Randalli

    Randalli

    Yes, the stock market is bad right now, I agree with you

    I want to look at the futures market now. I'm learning

    Can you tell me what kind of software certification?

    Thank you very much
     
    #67     Oct 24, 2023
  8. Randalli

    Randalli

    The environment is different. My place is different from what you expect
     
    #68     Oct 24, 2023
  9. Randalli

    Randalli

    Yes, it is enough if I live the bottom life, but I am not reconciled, I can think independently, I have high cognition, I think my destiny should not live at the bottom
    In addition, I am worried that in the future, there will be a ban on transferring money across borders and trading American stocks.
    I can't just sit back and do nothing.
     
    Last edited: Oct 24, 2023
    #69     Oct 24, 2023
  10. i won't say a bottom life. probably your average life in china. a roof over your head and not go hungry. and most important, stress free to pursuit whatever hobby you want to do.
     
    #70     Oct 24, 2023