What would you do if you were me?

Randalli said:
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.
More...

Why would you want to learn English to go to Vietnam? LOL Vietnam has enough Chinese population for you to just continue speaking Chinese especially if you go to those cities that border China. If you are gonna learn English, you might as well go to an English-speaking country like Australia or New Zealand. They are like provinces of China nowadays. LOL They would be very easy for you to settle in.
 
Randalli said:
Before I started trading stocks, I had a clerical job and had no savings. I sold my house and got 200,000 US dollars. I made 200,000 US dollars by trading US stocks in 5 years. I spent 100,000 US dollars on living expenses in 5 years. Now I still have 300,000 US dollars. I’m just an ordinary person
More...

You need to cut down on living expenses. You spent $20K USD a year just on living expenses, that's roughly $16XX a month. According to this website https://pandabuddy.net/cost-of-livi...of Renting in China,the city are much cheaper., your per-month spending is even higher than the average monthly cost of living in even "Tier-1" cities, the most expensive cities it looks like. What were you doing in the last five years? Drinking Dom Perignon like water every day? LOL If you are able to move to "Tier-3" cities, your living expenses can be cut in half. If you are at least able to cut down your expenses, you can save a lot more for your trading.
 
  • Like
Reactions: rb7
I found the op of this thread very sus if u fellas know what I mean. I’m a trader and my spidey tingling sense is telling this is a BS thread. The op don’t live in China or if he does, he doesn’t have $20OK USD to trade.
 
vincentnyc said:
I found the op of this thread very sus if u fellas know what I mean. I’m a trader and my spidey tingling sense is telling this is a BS thread. The op don’t live in China or if he does, he doesn’t have $20OK USD to trade.
More...

Well we will give him advice according to what he tells us. Really doesn't make any difference to us.
 
Last edited:
Cabin111 said:
I've learned on this forum, you throw out ideas. Many get shot down...But, you glean what is valuable, then run with it.

Sometimes being vague is OK. But, many times you need to give more detail...
More...
Vague questions only beget vague answers. I've only read a portion of this thread but it's already clear that the OP is just going around and around. In fact, I don't think he even knows what he wants to achieve.
 
Randalli said:
I am worried that in the future, my country will be prohibited from trading U.S. stocks
More...

Forex is another option you could consider. There are many domestic brokers in your country but you need to develop you forex trading skills. Willing to assist you.
 
Forexer Guru said:
Forex is another option you could consider. There are many domestic brokers in your country but you need to develop you forex trading skills. Willing to assist you.
More...
Thanks for your advice.
The foreign exchange is regulated and there are many loopholes. I do not trust the brokers here.
In addition, I want to ask a question. Is there any way to short RMB with low cost for a long time?
 
Randalli said:
Thanks for your advice.
The foreign exchange is regulated and there are many loopholes. I do not trust the brokers here.
In addition, I want to ask a question. Is there any way to short RMB with low cost for a long time?
More...


Try shorting RMB futures from the Hong Kong Futures Exchange.
But the success rate is unlikely to be good.
 
Last edited:
You must log in or register to reply here.
Back
Top