Soutpeel Posted January 17, 2015 Share Posted January 17, 2015 (edited) Most don't only work in Thailand but work around the World but anything from $500 per day up to several thousand a day. Senior positions pay extremely well and it's usually all tax free. OK, that didn't really tell me what I wanted to know as I know you guys work unusual shift patterns, 2 on, 3 off or whatever. What would be a 'normal' yearly salary? TUrkish culture is similar to that of thai, parents help their kids out well into 30's 40's, its a nice thing, but relying on them completely is definitely not nice, a bit of help is ok. I know a few Thai's in their 30s and it's THEM helping the parents massively (in fact some of the parents seem to REALLY take the piss IMO and call to almost demand things they want or ask outright for cash for big purchases / holidays) not the other way round. As far as I knew that was normal and common for the kids to be helping the parents by this age and not the other way round. In the West I think it's pretty common for parents to be still helping kids with money, mortgage, etc into the 30s. I know a bloke in his late 40s who still lives with his mum and dad and has never left the family home. Annual yearly salaries net, ie cash in hand, dependent on position, location and a few other factors, lets band it this way, lower end USD 120k/yr anywhere to around USD 500k/yrParents still helping kids in west in their 30' and 40,s LOL my parents helped me this way, they helped me with paying for my studies, then kicked out the house and told me to go and get a decent paying job LOL Edited January 17, 2015 by Soutpeel 1 Link to comment Share on other sites More sharing options...
krisb Posted January 17, 2015 Share Posted January 17, 2015 Can mods lock this thread please Or just don't read it. Link to comment Share on other sites More sharing options...
Popular Post mrtoad Posted January 17, 2015 Popular Post Share Posted January 17, 2015 Starting a career in Thailand is not easy, it's hard enough even if you are already established in your profession. Networking is crucial, but you've also got to have the skills to network effectively and meet the right people. 3 Link to comment Share on other sites More sharing options...
ATF Posted January 17, 2015 Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said:I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Link to comment Share on other sites More sharing options...
snottgoblin Posted January 17, 2015 Share Posted January 17, 2015 (edited) . Edited January 17, 2015 by snottgoblin Link to comment Share on other sites More sharing options...
DLock Posted January 17, 2015 Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said:I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Correct ATF, especially these days. No broker will give this leverage. Been there. Lost a lot. Lucky to get $500k on $500k of existing stocks today. The market only has to dip a little and those margin calls start coming. Brokers don't give a crap about your position, they just want to cover theirs. Anyone that understands a leverage position would not make such an uneducated statement. 2 Link to comment Share on other sites More sharing options...
Lukecan Posted January 17, 2015 Author Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said: I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Anyone that understands a leverage position would not make such an uneducated statement. Lol I understand leverage enough to not lose money from it. Ive never used it, not even once. Just by running some theoretical scenairos in your head youll see how much of a danger it can be. However I accumulate decent dividend paying stocks every chance I get, made some good profit on the Turkish stock market last year, more than 50k usd in todays money to be exact, currently buying stocks in Russia. But Im not gonna only brag about my accomplishments like the TV members in this topic , I have a sizeable loss in Russia right now, but I know it will go up one day. Continuing to accumulate Sberbank,Lukoil,Gazprom, Yandex every chance I get. These companies will still be around when Putin and Obama is gona, so all these crashes are temporary. Gazprom is a dividend paying stock trading at a P.E of 3! Link to comment Share on other sites More sharing options...
AYJAYDEE Posted January 17, 2015 Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said: I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Anyone that understands a leverage position would not make such an uneducated statement. Lol I understand leverage enough to not lose money from it. Ive never used it, not even once. Just by running some theoretical scenairos in your head youll see how much of a danger it can be. However I accumulate decent dividend paying stocks every chance I get, made some good profit on the Turkish stock market last year, more than 50k usd in todays money to be exact, currently buying stocks in Russia. But Im not gonna only brag about my accomplishments like the TV members in this topic , I have a sizeable loss in Russia right now, but I know it will go up one day. Continuing to accumulate Sberbank,Lukoil,Gazprom, Yandex every chance I get. These companies will still be around when Putin and Obama is gona, so all these crashes are temporary. Gazprom is a dividend paying stock trading at a P.E of 3! and yet you brag about your accomplisments!! lol. youre supposedly a student who doesnt want to take money from daddy and yet you have enough money to play the markets!! lol 2 Link to comment Share on other sites More sharing options...
Lukecan Posted January 17, 2015 Author Share Posted January 17, 2015 (edited) Lukecan, on 16 Jan 2015 - 21:15, said: I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Anyone that understands a leverage position would not make such an uneducated statement. Lol I understand leverage enough to not lose money from it. Ive never used it, not even once. Just by running some theoretical scenairos in your head youll see how much of a danger it can be. However I accumulate decent dividend paying stocks every chance I get, made some good profit on the Turkish stock market last year, more than 50k usd in todays money to be exact, currently buying stocks in Russia. But Im not gonna only brag about my accomplishments like the TV members in this topic , I have a sizeable loss in Russia right now, but I know it will go up one day. Continuing to accumulate Sberbank,Lukoil,Gazprom, Yandex every chance I get. These companies will still be around when Putin and Obama is gona, so all these crashes are temporary. Gazprom is a dividend paying stock trading at a P.E of 3! and yet you brag about your accomplisments!! lol. youre supposedly a student who doesnt want to take money from daddy and yet you have enough money to play the markets!! lol Dont get me wrong, its not my money. I use my dads trading account to buy stocks on his behalf. Its not my money. Of course I dont have that much money in my bank account. But he lets me use his trading account to maek purchases Edited January 17, 2015 by Lukecan Link to comment Share on other sites More sharing options...
YeahSiam Posted January 17, 2015 Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said:I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Correct ATF, especially these days. No broker will give this leverage. Been there. Lost a lot. Lucky to get $500k on $500k of existing stocks today. Anyone that understands a leverage position would not make such an uneducated statement. Oh really?? If any of you had the slightest clue what you're talking about you'd have enough knowledge to do some damage but until then, best to avoid running your mouths From the CMC Markets website LeverageFX is traded using margin, starting from 0.20% with CMC Markets, which could be referred to as 500:1 leverage. Trading on margin can be a more efficient use of your capital because you only have to provide a percentage of the overall value of your position, while maintaining full exposure to the market. In effect, you are increasing your profit and loss potential. For example, with £100 as position margin, you could enter a position that has an overall value of £40,000. Remember that increased leverage enhances losses as well as profits. Additionally, markets can move against you and losses can exceed your initial deposit due to rapid price movements Anyway please, by all means keep the pearls of market veteran wisdom flowing - highly amusing 1 Link to comment Share on other sites More sharing options...
fey Posted January 17, 2015 Share Posted January 17, 2015 Most don't only work in Thailand but work around the World but anything from $500 per day up to several thousand a day. Senior positions pay extremely well and it's usually all tax free. OK, that didn't really tell me what I wanted to know as I know you guys work unusual shift patterns, 2 on, 3 off or whatever. What would be a 'normal' yearly salary? TUrkish culture is similar to that of thai, parents help their kids out well into 30's 40's, its a nice thing, but relying on them completely is definitely not nice, a bit of help is ok. I know a few Thai's in their 30s and it's THEM helping the parents massively (in fact some of the parents seem to REALLY take the piss IMO and call to almost demand things they want or ask outright for cash for big purchases / holidays) not the other way round. As far as I knew that was normal and common for the kids to be helping the parents by this age and not the other way round. In the West I think it's pretty common for parents to be still helping kids with money, mortgage, etc into the 30s. I know a bloke in his late 40s who still lives with his mum and dad and has never left the family home. Annual yearly salaries net, ie cash in hand, dependent on position, location and a few other factors, lets band it this way, lower end USD 120k/yr anywhere to around USD 500k/yrParents still helping kids in west in their 30' and 40,s LOL my parents helped me this way, they helped me with paying for my studies, then kicked out the house and told me to go and get a decent paying job LOL How does the guy in his 40's get off if he still lives at home? Does he bring women in while the parents are home and do the deed in a closed room? Link to comment Share on other sites More sharing options...
mrtoad Posted January 17, 2015 Share Posted January 17, 2015 Lukecan, on 16 Jan 2015 - 21:15, said:I dont get why people dont believe he made 3k $ usd from forex trading? LOl its easily doable, but can you do it consistently? That is the real question. Most brokers offer 1 to 30-40 leverage anyway so someone with a balance of 10-20k can open a position worth 500k. Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. Correct ATF, especially these days. No broker will give this leverage. Been there. Lost a lot. Lucky to get $500k on $500k of existing stocks today. Anyone that understands a leverage position would not make such an uneducated statement. Oh really?? If any of you had the slightest clue what you're talking about you'd have enough knowledge to do some damage but until then, best to avoid running your mouths From the CMC Markets website Leverage FX is traded using margin, starting from 0.20% with CMC Markets, which could be referred to as 500:1 leverage. Trading on margin can be a more efficient use of your capital because you only have to provide a percentage of the overall value of your position, while maintaining full exposure to the market. In effect, you are increasing your profit and loss potential. For example, with £100 as position margin, you could enter a position that has an overall value of £40,000. Remember that increased leverage enhances losses as well as profits. Additionally, markets can move against you and losses can exceed your initial deposit due to rapid price movements Anyway please, by all means keep the pearls of market veteran wisdom flowing - highly amusing Hillarious. Shame you don't have any idea of what they do, but they certainly aint Pikeys. I would certainly take their advice as opposed to yours. 1 Link to comment Share on other sites More sharing options...
neverdie Posted January 17, 2015 Share Posted January 17, 2015 Why did the pikey cross the road? 1 Link to comment Share on other sites More sharing options...
YeahSiam Posted January 17, 2015 Share Posted January 17, 2015 Hillarious. Shame you don't have any idea of what they do, but they certainly aint Pikeys. I would certainly take their advice as opposed to yours. LOL! Yeah, great comeback Link to comment Share on other sites More sharing options...
mrtoad Posted January 17, 2015 Share Posted January 17, 2015 Hillarious. Shame you don't have any idea of what they do, but they certainly aint Pikeys. I would certainly take their advice as opposed to yours. LOL! Yeah, great comeback Cheers, I will. 1 Link to comment Share on other sites More sharing options...
Popular Post Soutpeel Posted January 17, 2015 Popular Post Share Posted January 17, 2015 Why did the pikey cross the road? To get at the free WiFi 3 Link to comment Share on other sites More sharing options...
Popular Post mrtoad Posted January 17, 2015 Popular Post Share Posted January 17, 2015 Why did the pikey cross the road?To get at the free WiFi In his lycra and fake Crocs 5 Link to comment Share on other sites More sharing options...
TheSpade Posted January 17, 2015 Share Posted January 17, 2015 Most don't only work in Thailand but work around the World but anything from $500 per day up to several thousand a day. Senior positions pay extremely well and it's usually all tax free. OK, that didn't really tell me what I wanted to know as I know you guys work unusual shift patterns, 2 on, 3 off or whatever. What would be a 'normal' yearly salary? TUrkish culture is similar to that of thai, parents help their kids out well into 30's 40's, its a nice thing, but relying on them completely is definitely not nice, a bit of help is ok. I know a few Thai's in their 30s and it's THEM helping the parents massively (in fact some of the parents seem to REALLY take the piss IMO and call to almost demand things they want or ask outright for cash for big purchases / holidays) not the other way round. As far as I knew that was normal and common for the kids to be helping the parents by this age and not the other way round. In the West I think it's pretty common for parents to be still helping kids with money, mortgage, etc into the 30s. I know a bloke in his late 40s who still lives with his mum and dad and has never left the family home. Annual yearly salaries net, ie cash in hand, dependent on position, location and a few other factors, lets band it this way, lower end USD 120k/yr anywhere to around USD 500k/yrParents still helping kids in west in their 30' and 40,s LOL my parents helped me this way, they helped me with paying for my studies, then kicked out the house and told me to go and get a decent paying job LOL And how many hours a month would be typical? Link to comment Share on other sites More sharing options...
jspill Posted January 18, 2015 Share Posted January 18, 2015 (edited) Any broker that would give you that sort of leverage is completely irresponsible or is trying to scam you because your 10-20k could get wiped out in hours. 30:1 is totally standard. Some brokers offer up to 1000:1 leverage... http://fxbrokersearch.com/ Every FX site is covered in disclaimers saying it's volatile, not to trade more than you can afford to lose etc. Being able to lose 20k ≠ scam. I know some scalpers in Thailand, that's much lower variance. Edited January 18, 2015 by jspill Link to comment Share on other sites More sharing options...
Rajhulmaheesh Posted January 18, 2015 Share Posted January 18, 2015 Most don't only work in Thailand but work around the World but anything from $500 per day up to several thousand a day. Senior positions pay extremely well and it's usually all tax free. OK, that didn't really tell me what I wanted to know as I know you guys work unusual shift patterns, 2 on, 3 off or whatever. What would be a 'normal' yearly salary? I know a few Thai's in their 30s and it's THEM helping the parents massively (in fact some of the parents seem to REALLY take the piss IMO and call to almost demand things they want or ask outright for cash for big purchases / holidays) not the other way round. As far as I knew that was normal and common for the kids to be helping the parents by this age and not the other way round. In the West I think it's pretty common for parents to be still helping kids with money, mortgage, etc into the 30s. I know a bloke in his late 40s who still lives with his mum and dad and has never left the family home. Annual yearly salaries net, ie cash in hand, dependent on position, location and a few other factors, lets band it this way, lower end USD 120k/yr anywhere to around USD 500k/yrParents still helping kids in west in their 30' and 40,s LOL my parents helped me this way, they helped me with paying for my studies, then kicked out the house and told me to go and get a decent paying job LOL How does the guy in his 40's get off if he still lives at home? Does he bring women in while the parents are home and do the deed in a closed room Get off of what? Link to comment Share on other sites More sharing options...
Soutpeel Posted January 18, 2015 Share Posted January 18, 2015 Most don't only work in Thailand but work around the World but anything from $500 per day up to several thousand a day. Senior positions pay extremely well and it's usually all tax free. OK, that didn't really tell me what I wanted to know as I know you guys work unusual shift patterns, 2 on, 3 off or whatever. What would be a 'normal' yearly salary? I know a few Thai's in their 30s and it's THEM helping the parents massively (in fact some of the parents seem to REALLY take the piss IMO and call to almost demand things they want or ask outright for cash for big purchases / holidays) not the other way round. As far as I knew that was normal and common for the kids to be helping the parents by this age and not the other way round. In the West I think it's pretty common for parents to be still helping kids with money, mortgage, etc into the 30s. I know a bloke in his late 40s who still lives with his mum and dad and has never left the family home. Annual yearly salaries net, ie cash in hand, dependent on position, location and a few other factors, lets band it this way, lower end USD 120k/yr anywhere to around USD 500k/yrParents still helping kids in west in their 30' and 40,s LOL my parents helped me this way, they helped me with paying for my studies, then kicked out the house and told me to go and get a decent paying job LOL How does the guy in his 40's get off if he still lives at home? Does he bring women in while the parents are home and do the deed in a closed room Get off of what? On a woman he has brought home, or in the case of a 40 year old man living with his parents it could be a man Link to comment Share on other sites More sharing options...
SoiBiker Posted January 18, 2015 Share Posted January 18, 2015 Sorry, what? Gay men are more likely to live with their parents? Link to comment Share on other sites More sharing options...
zierf1 Posted January 18, 2015 Share Posted January 18, 2015 Get on a plane and head to Silicon Valley. Work for a low salary in a start-up (or 10) and stock options. That's a risk worth taking.my My friends did that. I'm an Imperial Physics grad, they're ranked no. 2 in the world. http://www.telegraph.co.uk/education/universityeducation/11097256/Imperial-College-named-as-worlds-second-best-university.html My friends are miserable. Is that a luxury condo you're staying in? 2 Link to comment Share on other sites More sharing options...
Popular Post ATF Posted January 18, 2015 Popular Post Share Posted January 18, 2015 zierf1, on 18 Jan 2015 - 20:27, said: jspill, on 15 Jan 2015 - 20:05, said: DLock, on 15 Jan 2015 - 19:38, said:Get on a plane and head to Silicon Valley. Work for a low salary in a start-up (or 10) and stock options. That's a risk worth taking.my My friends did that. I'm an Imperial Physics grad, they're ranked no. 2 in the world. http://www.telegraph.co.uk/education/universityeducation/11097256/Imperial-College-named-as-worlds-second-best-university.html My friends are miserable. Is that a luxury condo you're staying in? Luxury is relative although it's not exactly the Presidential Suite is it? The degree looks like a Khao San Road job. 3 Link to comment Share on other sites More sharing options...
neverdie Posted January 18, 2015 Share Posted January 18, 2015 Yuk 2 Link to comment Share on other sites More sharing options...
YeahSiam Posted January 18, 2015 Share Posted January 18, 2015 The degree looks like a Khao San Road job. Would that be in comparison to yours, then? 1 Link to comment Share on other sites More sharing options...
ATF Posted January 18, 2015 Share Posted January 18, 2015 YeahSiam, on 18 Jan 2015 - 20:59, said: ATF, on 18 Jan 2015 - 20:34, said:The degree looks like a Khao San Road job. Would that be in comparison to yours, then? I was too busy making money although I have the equivalent of a degree in Electrical and Mechanical engineering which my company sponsored. I bought my first house when I was 21. Link to comment Share on other sites More sharing options...
jspill Posted January 18, 2015 Share Posted January 18, 2015 Did I say I live in luxury, want to, or think that means anything? The conversation was about developing one's qualifications vs travelling. Strange to focus on the curtains / window panes. Link to comment Share on other sites More sharing options...
YeahSiam Posted January 18, 2015 Share Posted January 18, 2015 YeahSiam, on 18 Jan 2015 - 20:59, said: ATF, on 18 Jan 2015 - 20:34, said: The degree looks like a Khao San Road job. Would that be in comparison to yours, then? I was too busy making money although I have the equivalent of a degree in Electrical and Mechanical engineering which my company sponsored. I bought my first house when I was 21. Bit late to the party weren't you? A five-year old could've bought property from his pocket money in Oz 25-30 years ago. Guess your paper round didn't pay much back then, huh? 1 Link to comment Share on other sites More sharing options...
mrtoad Posted January 18, 2015 Share Posted January 18, 2015 YeahSiam, on 18 Jan 2015 - 20:59, said: ATF, on 18 Jan 2015 - 20:34, said: The degree looks like a Khao San Road job. Would that be in comparison to yours, then? I was too busy making money although I have the equivalent of a degree in Electrical and Mechanical engineering which my company sponsored. I bought my first house when I was 21. Bit late to the party weren't you? A five-year old could've bought property from his pocket money in Oz 25-30 years ago. Guess your paper round didn't pay much back then, huh? Oz? Oh dear, geography not your strong point. Link to comment Share on other sites More sharing options...
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