Recent content by wmram

" Working for myself, trading and traveling is my dream. But when I attempt to talk to even my best friend about it I get such negative commentary. Can anyone relate? " That is the part of the post that you're not seeing. Can most people relate to what it' s like to invest so much of oneself in...

Nobody in my life understands. I have invested over 20,000 hours and seven years into this project. Working for myself, trading and traveling is my dream. But when I attempt to talk to even my best friend about it I get such negative commentary. Can anyone relate? The original post was about...

Only those who focus on their dreams have a chance to be successful; that's all you get, a chance. People, that is those who are outside of the world of short-term trading, dismiss you because they don't take you seriously. TO them you are one who is trying to make an easy living by betting on...

Is Forex Trading Really Hard That's the title of the thread; I took it as a simple question. I don't see where there is anything that has anything to do with whether or not forex is harder or easier than some other instrument. I think you're trying to overthink a simple question. That said I'm...

The posted question was Is Forex Trading Really Hard. Forex trading is not hard , but making money in a retail MT4 environment is. We all have our moments, but profits that you can live on is no small task. Handling risk and uncertainty is not such a simple thing to do. Efficient market +...

Being human and having emotions; the very thing that makes life so potentially enjoyable, not compatible with the task at hand. Traders are a peculiar bunch . Maybe that's why so few people succeed.

If you are going to make it in this business (speculative risk), it's essential that you make noticeably more than you lose. A positive traders' equation is a must have. Are there exceptions? Perhaps but they are exceptions. A positive traders' equation is the path to success for traders; you're...

In some ways as a trader, you are talking to yourself about yourself. The conversation is specific and impactful. It takes some time to be able to have that conversation; if for no other reason but that you don't have to do things like that in the normal 9 to 5 world. Now that you're having to...

Goto Facebook and find a community that's in the area you're interested in; as an example, there's a healthy Merida, Mexico community on Facebook.

Expats who are in Colombia for less than six months out of the year are non-residents. They will only be subject to taxation on income from Colombia, at a flat tax rate of 35%. Expats in Colombia for more than six months out of the year have taxation on all their income. But will be subject to...

You sound young. I'm in my later 60's and retired. I thought about retiring in Mexico or Columbia as well. Be careful with the Columbian tax laws. I did not leave the US when all was said and done because I did not want to learn how to make change in a foreign currency, move money in and out of...

Can you live with a move from a first world country to a third world country? Language issues, currency issues, lifestyle issues. Have you ever lived in a tropical climate, one where there was no serious effort to keep mosquitoes under control? Can you live with a gringo tax? If something were...

You've undertaken the work necessary to isolate yourself from normal working people (the 9 to 5 type). No one will understand what you go through during the course of a normal day for you, nor should they. The business of speculative risk is too difficult for you to explain briefly. I hope...

Well, you have to get that proper knowledge somewhere. " become easy prey" the transaction that takes place is a result of a mutual agreement. When you're new to something, there's a certain comfort that one gets from interacting with a perceived authority figure. Ok so it might have been a...

Chris Lori Institutional Bank Trading with Ray Stacey Burke