UAE로 이주해 트레이딩할 때 안정적인 수익 수준은? 💼

My opinion, living in Dubai for 4 years now as a trader:

Have a buffer of ATLEAST 100k in liquid. This is seperat from your trading account.

I’m not gonna answer the question of % per month, because then this thread will be a shitshow of people saying „if that’s true, you would be in a wallstreet magazine“, not realizing trading low 5-6 figures is not the same as trading high 7-8 figures.

You can live on 5k a month, but it’s not ideal, depending on your needs. I prefer 10k a month and atleast 100k liquid to feel ease.

If you want a decent 2 Bed Apartement, you will spend around 2k-2,5k, but keep in mind that your not paying monthly, every 3 months the Cheque will clear.

I understand that it’s still „monthly“ 2,5k, but then again, it feels different when 7,5k are leaving your bank acc in 1 day.

Health insurance: 300-400€ a month.
Electric/Water/Gas 100-250€ a month.
Phone plan: Virgin Mobile has cheap yearly plans 6GB for 10€ a month (paying 12 month upfront tho)
Internet: 500mbs around 70-100€

Depending on which session ur mostly trading for me London + NY, the timing here is more chill then in Europe and US.

You should be in a position in your trading, where your very comfortable making your desired money. Being stressed out will rip you apart in this city.

I moved to the UAE about 6 months ago. My two cents:

1) Assuming you have your visa and flights sorted, you’ll need at least 100K AED just for startup living costs. Rents typically are paid on a yearly basis, though you can negotiate to pay quarterly or monthly but at a higher rate. Yearly rates for a 1 bedroom flat in a nice area tend to be around 80-100K AED per year.

2) Beware of hidden costs. Utilities and bills are surprisingly expensive. Internet is more expensive here relative to other countries. Plus cooling, electricity and water = around 1.5-2K per month

3) In terms of income required, that really depends on your preference. Living frugally I’m okay on 10K AED per month, since I rented a year on my flat upfront.

4) If you’re coming from a salaried job to trade your own personal account, start slow and small. There’s an additional hurdle to get over when it comes to the psychology of living off your trading income. Going on tilt without the safety of a monthly salary can have real and devastating consequences.

5) Have a 6-12 month emergency fund so you can reduce the anxiety and pressure on yourself, thereby reducing the chance of a flat or minor red day snowballing into blowing up your account.

6) Have a proven, profitable edge that you have properly tested and are confident in. Obviously.

On flat days, I think about the time I wasted trading only to come out with nothing at the end of the session. But then I remember I left my stagnant job in Hong Kong to benefit from the freedom and opportunity to compound my financial future. It’s all been worth it so far.

If you have the means, a profitable strategy and proven risk management, I would absolutely do it. There will be hard times but you will not regret it.

If you can’t answer that first question yourself then you probably aren’t ready to make the move.

realistically you need to be pulling 6-8% monthly *consistently*, not just occasionally, before you even think about making that jump, because "i had a few good months" is a very different thing from an actual edge

300k a year.