Trading in Thailand

Quote from FireWalker:

I live in the US, but am considering moving there to trade. I figure $25K converts to 1 million baht and the cost of living estimates I've seen equates this to about $100,000 in the US. Enough to live on for a couple of years while you perfect your craft. Plus.. beaches.. asian women.. and trading the ES at night sounds perfect.

Is anyone else thinking about this? Or doing this? Are there prop firms there or just loose groups of traders in Bangkok who would be interested in sharing office expenses/data feeds etc.?

Wondering if this is really viable.
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You have to allocate $1,000 per month for a living expenses. including visas. Check with Thai embassy what is required for your particular situation.
I go there for r&r and know country reasonably well but if you want basic western standard and high speed internet you will not be able to do it below $ 1,000 per month ( no car )
Walter
 
Quote from peppermint:

sorry, but it is cheaper. and i live here.

five star dining for two - maybe $75.
condo on the beach - $500/month.
world class golf - $50/round (including caddie).
2 hour taxi ride - $25.
2 hour massage - $12 - 25.
health care - very inexpensive.
daily cleaning/laundry lady - $75/month.
starbucks grande coffee - $2.

you get the picture. but you are right in that you wouldn't want to live like a local.
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Pappermint, You almost scared everyone with those pricing.
Let me alter those for better:

Dinner buffet at JW Marriot for two- $45
Top Seafood dinner at Rachada for two- $45
Condo on the Beach- $500/monthe much cheaper if pattaya
world class golf- I have no idea
2 hour Taxi ride- $20
2 hour massage- $4 in thai nigbourhood by ladies
2 hour massage- $6 in farang ghetto by ladies
Health care- Adavnce HIV test 11$, Eye test 12$
Police hospital- FREE treatment for public :)
Full time maid in bangkok city-$75/month much less other cities
Starbucks Caramel machaito- $1
 
Quote from Baruch:

Can we trade there? Better/cheaper than Thailand?
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Cambodia is nice but maybe a bit boring for a long stay. A bit cheaper then Thailand but not as many amenities.
I stayed at some hotel where they had a spa attached. They had steam rooms , sauna, spas, fluffy towels, a movie lounge etc (where girls massage your feet while you watch the movie)., drinks, all inclusive (not including hotel) about $14.
Good french cafes and food too. But I speak some thai and no Cambodian so inconvenient for me.
 
Quote from candletrader:

What kind of services does the maid offer?

A skillfull trader is like the Shuai-Jan, a snake found in the mountains. Strike at its head and you will be attacked by its tail.
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First tell me what kind of Snake tail is that, that can harm one?
I had this question in my mind since i first saw your post on ET
 
how about the internet connection in thailand ? do they have good dsl or cable service ? and,also can you use x trader or j-trader there?
 
I was just over there two weeks ago for about 12 days. Flew into Bangkok, then flew to Chaing Mai (cruzzed around on elephants, saw monkey show, and snake show), then from there went to Phuket. The beaches at Phuket were narly. Very similar to the beaches in Fiji. It was very cheap at most of the places I was at. It's amazing out there. The people were sooooo nice everywhere. You'll never see that in good old Cali.

Jeff--
 
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