Learning to become a professional day trader

There is an age-old proverb that goes like, ‘Practice makes perfect.’ We know very well that human beings are never flawless. They make mistakes and make wrong decisions. But, by practising, a man can become closer to perfection. That’s why the importance of practice is simply undeniable in our lives.

Let’s assume that you are not good at math. But being bad at it is not going to help in the long run. So what do you do then? You start practising math every day. Eventually, you will find yourself getting better. This is the perk of practice in our lives.

Practising can make our lives better in all aspects and trading is not an exception either especially if you are a day trader. If you are well-informed about the trading sector then you must already know what a day trader is. But if you are new to this field then don’t worry, we will fill you in as much as we can!

A day trader is an investor who trades stocks within the same trading day. That means a day trader buys and sells stocks in between the opening and closing of the same trading day. Day trading is highly liquid and volatile so the main objective in this trading is to gain profit from small price movements. 

For example, the opening price of a commodity is $10 and the highest line reaches at $15 at 10 AM GMT, later that day, the price closes at $12 after falling to a low of $8. Therefore, we can say that, since the closing price is higher than the opening price, it can be indicated as a bullish candle in the candlestick chart. 

Now, a day trader buys his stocks at the most convenient and cheapest price and tries to sell them at the most profitable price within the day.

There are two types of day traders where one type usually traders through a medium like a broker while the other one simply trades individually. But to trade individually, a trader must own an individual trading account. 

A day trader is usually a trader by choice and often is not their main profession. As a result, they don’t invest much time or capital in trading. But since the trades open and close within the same day, the amount of risk is comparatively less here than in other types of trading. People who have knowledge about the bond market know perfect way to assess the risk. Always buy bonds online with low risk so that you don’t have to deal big losses.

Since day traders are not professional traders in most cases, they don’t have the necessary skill and understanding they need as a trader. Even though, that isn’t much of a problem for them due to the lower risk, following some techniques can help accelerate their trading careers.

Adopting a trading plan

We highly encourage day traders to adopt a suitable plan for their trading. They are enormously useful. Having one saves you time, makes your work easier and there are more benefits. A trading plan mainly organises all your activities in a systematic pattern and priorities.

A trading plan can consist of many strategies that are well-engineered to bring positive outcomes out of your trading. 

Again, once you become used to your trading plan, you will be able to work more efficiently than ever.

Keeping a trading journal

Keeping a record of your trading career is a good habit to follow while day trading. If you always note down your daily records in forms of journals, they can come in handy in future. A trading journal helps you to pinpoint your mistakes as well as the strategies you use to win a deal. 

So, you will be able to refrain from make those mistakes in the future by applying strategies that work for you. A trading journal also helps to keep an account of loss, profit and financial condition.

As a day trader, you should know that it is always the best to focus on one thing at a time. Because it helps to keep a track of it without making our attention diverted to other things. In this way, through continuous practising with a trading plan, you can become a successful day trader.

January 14, 2021 by asiablog Travel

TOP 5 Luxury Watches You Can Win On DrakeMall

Watches are not only a convenient reference point in time but can also be an indecently expensive accessory. If you are looking for an opportunity to become the owner of a premium watch, then DrakeMall.com and its mystery Watch box can help you with this!

Many people want to emphasize their status, spending thousands, or even millions of dollars on watches. For example, the Louis Moinet Meteoris watch for $4.6 million contains a real piece of meteorite inside. Hublot Black Caviar Bang costs about a million dollars and is covered with black diamonds.

This list can be very massive an include watches from Cartier and Louis Vuitton, but the fact is that it is almost impossible to get them cheaper than their real price. Unless you try to buy mystery boxes with hand watches, which allow you to receive either low-cost gadgets like toy watches or really expensive and exclusive ones from Gucci or WP. Let’s check on 5 best premium watches you can get on DrakeMall!

Random box with luxury watches – what you can get?

Using the DrakeMall online mystery box service, you can get exclusive watches almost for free. To be able to win, you need to choose the category of lucky boxes. Each box has a symbolic price of several dollars (from $0,50 up to $30).

You choose a box to open and instantly get your prize from the categories that you selected earlier. The prize is shipping to you personally by the postal service in 14-45 days. That’s the main difference between mystery box marketplace like DrakeMall and websites like VAT19, Amazon or LootCrate, where you need to order a mystery box first, before you know its contents. Now let’s dwell in more detail on the watch models that can be obtained using a luxury watch random box from Drake Mall.

1 – Hublot Classic Fusion

This premium watch is made of polished and satin titanium, which is the hardest metal. The alligator and black rubber strap not only look amazing but also represents a reliable and durable solution. Hublot Classic Fusion can withstand deep diving up to 50 meters and has a massive power reserve of up to 42 hours. Sapphire glass with anti-reflective coating is protected from scratches.

Purchasing Hublot Classic Fusion can cost you up to $7000-$10000, but on DrakeMall you can win this watch for almost free. The most expensive watch can become the cheapest for you if you decide to open a watches mystery box. Get your chance to get a Hublot Classic Fusion at the lowest price in history.

2 – Rolex Oyster Perpetual

You can become the owner of the direct successor to the legendary 1926 Oyster watches, which became the basis of Rolex’s impeccable reputation. Diving up to 100 meters, corrosion protected 904L stainless steel housing used in space technology. The watch is equipped with a “perpetual rotor”, which is the best solution on the self-winding watch market since 1931.

Don’t be scared by $5000 price tag, because now you have the opportunity to own these luxury watches for nearly free. Just open the mystery box with hand watches and get the Rolex Oyster Perpetual at the lowest price!

3 – Tudor 1926

Cheap watches with real diamonds? This can’t be true! But now, thanks to Drake Mall, you have the opportunity to “buy” a premium watch at the lowest price, namely for free, paying only for opening a lucky box on Drakemall.com.

Water-resistant watch, that withstands diving up to 100 meters, polished steel, 38-hour power reserve with rose gold bezel – that’s a Tudor 1926 watch. And for luxurious additions, the watches are also made of real gold, and the bracelet is a reliable tandem of steel and rose gold.

4 – Gucci Dive

One of the most premium and stylish diving/sport models in the world – Gucci Dive (YA136215) with cheeky image of a tiger. Water-resistant up to 200 meters, the most durable rubber strap, premium brand. Gucci Dive are equipped with the best quartz movement in the world, providing the longest possible time of the power supply.

And you can get it for $7, what is crazy!

5 – Apple Watch Series 5

If you love modern technology and you’re the owner of an iPhone, then for sure you will like the premium smartwatch – Apple Watch Series 5. You get a lot of multimedia features on your wrist: the world’s most advanced Retina display, accurate heart rate measurement, a wide selection of straps to suit every taste, diving to a depth of 50 meters, an integrated GPS module, and tracking of any type of workout.

And the coolest thing, is that you can get chance to win an Apple iWatch 5 not only in a luxury watch surprise box, but also in Apple products mystery box and Honey Bunny box.

Is DrakeMall fake? Or Is it a scam?

DrakeMall surprise box marketplace has been working for more than 3 years, proud to be able to make a happy a lot of people who decided to open lucky boxes on the website. You can dive into the community in all popular social networks including Facebook and Instagram. If you are still in doubt, go to Trustpilot to see the real DrakeMall customer reviews. If you want to find articles about the website and if it’s true, you can check huge amount of posts on the internet, for example this Drakemall review by Yourtechnocrat blog.

On YouTube, you can find prize unboxing videos made by real users (if you’re not believe if they are real, then you need to consider that there’s a bonus for users, that record a video or make a photo with their prizes). They prove that DrakeMall customers receive only original prizes that cost thousands of dollars in stores. We also have our own discord channel where you can chat within the community and see real reviews.

August 14, 2020 by Blog

Innocent Until Proven Guilty – The Role of the Defense Lawyer in a Criminal Trial

Criminal defense is a confusing and demanding aspect of the law that requires strong skills and expertise to protect the defendant’s constitutional rights.


Image by Sang Hyun Cho from Pixabay

 

Although the US justice system allows you to defend yourself, it’s inadvisable to do so. According to one criminal defense attorney, you deserve to be represented by a lawyer that’s on your side. Click here to read the full post.

Facing criminal charges impacts your life, and you may end up getting a hefty fine or even spending time in prison. It’s vital to seek the legal guidance of a defense attorney to avoid this. The problem is that most people don’t know what the actual responsibilities of these lawyers are.

The following is a quick explanation of the role and responsibilities of a defense attorney.

Case Assessment and Collecting Information

The lawyer’s priority is to familiarize himself with all the details of your case thoroughly. He’ll interview both the state’s and accused’s witnesses and analyze police reports and crime scenes. Regardless of your guilt or innocence, your attorney must handle your case to the best of his ability.

Image by Foundry Co from Pixabay

 

He needs to determine the odds of your acquittal or conviction and protect any collected evidence from being manipulated. With all of this in place, he’ll begin to plan your defense strategy. 

Lawyer’s Expertise

It’s vital to appoint a defense attorney that’s knowledgeable about the laws and appeals needed to protect your best interest. Your attorney has to have extensive knowledge of your rights and emphasize this when dealing with the prosecution. It should also be his priority to keep you updated about the progress of your case.

Case Analysis and Stressful Situations

Your attorney must be capable of analyzing and judging the prosecution’s case. He must also be able to identify loopholes and introduce intelligent strategies to support your argument. This may get your charges lowered and, in some instances, even dismissed.

Your attorney should be devoted to his duties and be willing to attend unexpected proceedings and situations at all times. To do this, he must be capable of dealing with stressful situations.

Plea Bargains

In many cases, the prosecution will contact your lawyer to make an offer for a plea bargain. This means that you plead guilty to a lesser crime to receive a reduced sentence. Your defense attorney’s role in this is to determine whether it’s in your best interest to accept the deal.

Going to Trial

Image by David Mark from Pixabay 

 

Your attorney’s priority is to assess how each prospective juror will react toward you and the charges you face. It’s his priority and counts in your favor if he can assemble a jury that’ll be sympathetic to your case. This is done by questioning and rejecting or approving jurors, a process referred to as ‘voir dire.’

With that done, the trial will commence. During this procedure, your lawyer is responsible for presenting your case according to the rules of court to get you exonerated.

Innocent Until Proven Guilty

Image by Gerd Altmann from Pixabay 

 

It’s necessary to be aware of your defense lawyer’s roles and responsibilities to keep track of his progress. Because of the critical role he plays in your case and to get a fair judgment, it’s vital to ensure that your attorney is committed to his duties. Appointing a weak councilor is worse than defending yourself.

August 14, 2020 by Blog

Part-Time Jobs Suitable for Students

College often presents students with their first real taste of freedom, but besides this, significant financial challenges as well. Getting some money on the side while studying is often, therefore, a welcomed idea for students, and a part-time job can provide just that. It can supplement your cash flow issues, offer you fresh opportunities of meeting new individuals, and also boost your resume.

Finding work, however, can prove competitive and get daunting as well as students must find the right job fits that can allow them to study 70% of the time, for example they can edit papers for money. It means juggling studies with work-shifts when you get one, and thus the job must prove suitable for both your student needs. So what part-time job types are suitable for students?

Part-time Jobs for Students

  • Brand Ambassador in School

As a student, you can decide to work as a brand ambassador who is mainly a public relations job. It is especially suitable for those who have an enthusiastic, outgoing, and social personalities. Brands can hire students to promote their image, presence, and products online or within the student community, which is a vast market, and then compensate them for their efforts through commissions.

Students can also decide to do PR jobs for clubs during college student nights where they get commissions for every student they convince to join in the party. You can use mediums such as Facebook or flyers to persuade your peers for such party gigs. For those getting trained in marketing, this can help them build contacts for future use after school besides getting work experience.

  • Personal Tutor

It is a subtle way of earning money on the side, especially when confident enough in your area of expertise or a subject. Parents will always pay for extra tuition to get their kids to learn and score better grades, and therefore approaching one to offer tutoring service can prove useful both for you and their kids.

  • Resident Assistant

Enrolling, as a resident assistant, is an excellent way of making money on campus, especially for students who love staying within the halls of residence on campus. You can supervise the student building and act as the go-to-person for challenges students face while staying in the building. With riders such as free rooms to stay in and some money for your services, it is a no brainer that this work can cut your student living costs immensely and boost your financial standing.

  • Babysitting

If you have younger siblings, then you have some experience to babysit. Such an experience can generate revenue for students when they take up babysitting duties for busy working parents. You only have to pick the kids either from nurseries or schools and get them entertained until their parents return from work for a fee.

  • University jobs

Most universities have job opportunities for students in as much as most students are unaware of this. You can get a shift in the evening for a reasonable fee with flexible hours to allow you to attend lectures effectively. A student can act as a brand ambassador for the university or call alumni for university donations.

Conclusion

Part-time jobs for college students can help supplement student cash needs, especially with rising costs of living and tuition fees. In as much as getting such a position can prove daunting, the following guide can prove useful in your job hunt. It is, however, essential to remember that your core business in school entails the study, and therefore the part-time job should not impede your studies.

 

July 27, 2020 by asiablog Blog

The Perfect Guide to Buy Most Affordable Vapes Online

Vaping has become quite popular for the past few years. More and more people are trying to look for a replacement for tobacco, and vaping seems to be the most natural solution. Vaping is a process where you need to inhale the vapor from a device. However, multiple tools come together in formulating an outstanding vaping experience, especially for you. It involves a vape, which is the device, battery, a heating machine, and the mouthpiece. Now, in case you are vaping with your friends, it is advisable to carry your separate mouthpieces for the sake of hygiene. Except for the tools mentioned above, you will also need vape juice or the electronic liquid, which will be turning into vapor. While all of the constituents are important, the vape happens to be the most essential and the most notable device. Below, you will find the classification of the different kinds of vapes that are accessible in the market.

Where to buy vapes from?

This is the most important to question that keeps hovering in your mind. It isn’t easy to find a trustworthy store if you are a newbie. It might be convenient to get the hang of the vapes and where to get them if you have a few friends who have already been vaping for some time. They can help you get the contact of a kind store. However, you can also search for the same stuff online. Online is your best option if you do not have anybody who can help you through the first few days. There are a plethora of websites that deal with just vaping essentials. If you are not well informed regarding the tool, you can look it up as well. As for the question of trust, www.vaporsolo.com is one of the best vape shops, where you can find everything starting from vapes to mouthpieces.

Cig-a-like

Cig-a-likes, similar to what their name suggests, are vapes that resemble the shape of a cigarette. It is the first-ever vaping device that came out in the market. Rightly so, it has been given the name of a first-generation device. It is a suitable recommendation for those people who have moved to vape after smoking for some time.  It will be simple for them to adjust to their new tool. Given their delicate nature, they might come in handy when a person wishes to be discreet. However, it is a disadvantage, as well. Their lack of space also leaves out any scope for extra features. There are two kinds of cig-a-like devices where one is automatic, and the other is manual. In the automated equipment, you can start inhaling from the mouthpiece at any time, and the sensor will recognize the motion, kickstarting the device. You have to switch on the device before you start vaping in the case of a manual machine.

Vape Pens

Vape pens are usually thin and tall and tend to look a lot like pens. It’s an elegant style, and lightweight nature is what attracts the users the most. Although they are more developed than the cig-a-likes, they still lack some of the other devices’ features. However, being an effigy of a pen, it comes in handy for students when they wish to be wary about their equipment.

Vape Mods

Vape mods are the perfect device for the users who have been using vape pens or cig-a-likes for a while, and now they want to try something harder. However, it is not recommendable for new users since it is a little tricky to use. There are three kinds of vape mods- box mods, mods with temperature control, and mods with variable output. All of these offer a better battery backup than vape pens. Mods with temperature control come with an additional feature where you can adjust the heat. Mods with variable output come with another feature where they can modify the amount of the vapor that escapes the machine.

Vape pods

Vape pods are only for the people who have enough experience in vaping. It provides the best experience any machine can come up with. These devices are a little on the pricey side, but if that is not a problem, this is just the device for you. It comes with modified features and guarantees a long run on battery life.

June 13, 2020 by Blog

Three Steps in Moving Overseas to Be an English Teacher

English is the language of the world now, and thus, the demand for Native English speaking teachers has gone up dramatically around the globe. Many people and countries will pay well for English teachers. The problem is figuring out from getting from point A to B. 

Getting an idea of what’s available is essential. There are a lot of options for countries and programs to look at. We are going to give you some tools to use to figure out what will work best for you.

Choose Where and Why 

‘Why am I going’ is the most critical question to ask yourself before you begin this program. Do you want to experience a new place? Asia might be your pick with a radically different culture and style. 

Would you like to spend money to travel a lot and see new places? Eastern Europe would be a great choice with their low cost of living and the ease of travel around all of the continent. 

Do you want to experience a friendly culture and enjoy the tropics? South America might check all your boxes with its friendly nationals. 

Does being a volunteer for a while sound very attractive to you? With this, you can go to many countries, the Americas, Asia, or Africa. These questions and contexts are meant to aid you in figuring out why you want to go, and to find where the best place to choose is. 

Choose Your Style

Discovering schools to teach in can be a challenge. It means you’ll have to spend a great deal of time looking around in various countries to find a job. Otherwise, you could attempt to be a private tutor. Facebook groups can be useful for finding these jobs. This method is only for independent challenge seekers, but it can be gratifying.

Going overseas to get some more schooling is another way to become an English teacher abroad. This option is not very intuitive, but it makes absolute sense when you think about it. It will provide a means for you to go into the country, and in some states, further education may be more affordable. 

There are many sorts of programs available as well for getting teachers to where they are needed. TEFL provides many opportunities all over the world to get involved in local education. However, it can sometimes be limited. 

There are a few search engines that’ll help with determining which course is the most suited to you. If you know where you want to go, it becomes a simple process of looking through the options available in these countries. The website even has a section for volunteer work. 

Some countries will hire teachers for their public schools from abroad. Spain, Japan, and France are all great examples. With a government job, they generally are more flexible in extending periods. Most of them pay rather well and sort all the potential issues with immigration readily. 

There’s no end to the opportunities available to find a way to get overseas to become a teacher. If you want this, there’s no reason that you shouldn’t be able to find a position. 

Figure Out the Requirements

Diamond and Diamond lawyers state that it’s wise to check out all the requirements needed, so you don’t find yourself in trouble with the law and unable to get on a flight. Many countries have different rules in place regarding teachers, but many have similar conditions. 

Most locations require you to have a bachelor’s degree and an ESL teaching certification. The most popular of these is the TEFL certification, which, as mentioned above, excels in finding places that need teachers. 

Beyond that, it usually depends on the country. Many of the superior institutions will require a more advanced skill set. For example, a degree in English or Education might come in handy for this purpose. Just remember to make sure your passport isn’t expired and has at least 6 months left on it. 

Have a Safe Journey

Teaching overseas can be a fun learning experience. It’s worth giving it a chance for a year of your life. There are a lot of pros and very few cons for heading out to see the world. Keep the advice in mind and conquer the world.

April 1, 2020 by Blog

8 Hour Essay Cheap – Best Custom Essay Writing Service

How many times did you see questions left on search engines similar to – What essay writing service is able to do my homework for me and meet the deadline? This is one of the most frequently asked questions among students. College students from the USA, UK, Australia and other countries of the world seem to constantly run out of time. They must meet the deadlines for their academic papers, but sometimes they fail. Accordingly, they hope to receive professional help online.

American students know that there are numerous writing services, which propose exceptional conditions. Thus, 8houressay.com is one of the best academic writing companies that ensures papers of the highest quality. Moreover, every paper will be written extremely fast to meet the toughest deadline. However, many students don’t know how to choose such resources and so, buy a cat in a sack.

We’ll help you because we know how to identify a good trustworthy writing website. Consider the following essentials of 8HourEssay.com:

  • It’s rated high amongst the top writing platforms;
  • The company functions for 2 years and longer;
  • It provides different guarantees;
  • Its assistance is affordable;
  • You can count on instant feedback;
  • The website protects its databases and your privacy;
  • It returns your money if your writer fails your expectations.

Obligatorily take into account these features. Thus, you’ll be able to define what essay writing service can be trusted. Accordingly, you’ll submit your assignment on time.

The Benefits You Reap from Collaboration with an Essay Writing Service

It’s essential to define what other advantages are available. Undoubtedly, you’ll enjoy quick assistance and support. Nevertheless, it’s not enough to write a great assignment and receive an A+ grade. Using 8HourEssay.com as an example, we’ll explain what to expect from professional writing platforms. We have chosen it because it’s one of the frequently recommended companies.

Students commonly ask about the quality of this 8-hour essay writing service. It hires only skilled writers who are officially verified and hold at least a bachelor’s degree. They know how to compose any piece of writing without any procrastination and according to the academic requirements of every school, college and/or university.

Another frequently asked question sounds like this – How much money should be paid? A respectful writing company sets relatively cheap prices and so, students are able to buy its assistance. Everything depends on the settings you make. The price depends on the quality, length, urgency, and type of your order. For example, a dissertation costs much more than different essays. You’re free to customize your order until the price suits your budget.

Using 8HourEssay.com, you automatically enjoy other benefits. Among such are:

  • Quick support. To save more of your time, the company works 24/7 and accepts urgent orders. Besides, its technicians provide quick consultations.
  • Full uniqueness. The company always verifies the papers released by its writers. It implements a dependable plagiarism checker to detect and delete non-unique elements.
  • 100% refunding. Your personal writer is obliged to fulfill all the conditions, he/she has accepted. Otherwise, your investments will be returned to the fullest.
  • Full safety. You may not worry about the safety of your personal information. The company never shares any facts about its customers with anybody else. Besides, it uses efficient software, which easily fights back different kinds of viruses, malicious programs, as well as hacker attacks.

Our experts recommend using this reliable rush essay company. It provides all the necessary guarantees and advantages. It’s famous, highly reputed and works for many successful years in the sphere of academic writing. If you place an order here, you definitely write papers of the highest quality.

March 11, 2020 by Blog

Staying in Asia After Teaching? How to Start a Business as a Foreigner

Your teaching gig in Asia is going great. You’ve mastered the culture (and the lyrics to the latest BTS album). So what’s next?

If you decide to stay in Asia, you may need more financial support besides your teaching job. Your first thought might be getting another one, but how about starting a business? Awesome idea, right? 

Your teaching job will give you an edge, but there’s still a lot you need to learn on the business end. It can be anything, from work ethics, to navigating good service tax for the goods or services you’ll offer.

 

What Kind of Business Can You Start in Asia?

The trick to any good business idea is having one that fills a gap in the marketplace. It doesn’t mean you have to invent something from scratch. For example, your business idea can be an improvement of an existing product. 

Here’s a list of a few business ideas you can consider.

Teaching

Since you’re already familiar with this, it’ll be a more comfortable venture. Your business can focus on teaching career-based skills such as computer programming. The diversity will help you grow your business.

Fitness

Staying healthy is a growing trend, and more people are searching for ways to achieve their goals. There are plenty of opportunities to tap into this market. You can offer yoga classes, personalized fitness regimens, or anything else. 

Beauty

The beauty industry has been around for ages and will likely stay relevant forever. There are many possibilities to explore with such an enterprise. You can sell beauty products or even offer services like makeup and manicures.

Jewelry

We live in a fashion-forward world, and the fashion scene is always changing. This means tonnes of people will always be ready to buy the next in-thing from you.

What You Need to Start a Business in Asia

The exact requirements vary according to the type of business you want to start and the location. Regardless, the general requirements for starting any business are the same. The only difference might be the documentation you might need to run a business in a foreign country.

The list below contains some of the most common requirements you’ll need to get started.

Business Plan

A business plan outlines your idea in detail, target market, goals, and startup costs. Having this plan in place will give you a guideline to follow to ensure the success of your business.

Funding

It’s no mystery that running a business comes with a lot of expenses. Getting estimations of how much money you might need is a good start to planning for how you’ll cover the costs.

Legal Business Structure

Choosing what type of entity your business is before you register it is a necessary legal step. It affects certain aspects of a company, like how you file your taxes. There are several business structures to choose from based on how you want to run your business.

Documentation

The documents you’ll need to register your business will depend on the structure you choose. So, if your business is a corporation, you’ll need an “articles of incorporation document.” You may also need an Entrepreneur Pass, especially if your business will be in Singapore.

Registration

To make things official, you’ll need to register with the government and local tax authorities. This involves submitting the documents mentioned above and other company details during registration. During the registration process, you’ll have to open a business bank account as well.

Insurance Policy

The right kind of insurance will protect you in the event of incidents such as theft or a customer lawsuit. 

When you’ve taken care of all the legal stuff required to get started, you can focus on marketing your business and building your brand. You may need someone familiar with the area to help with your marketing. It’s the best way to ensure an effective campaign.

Pros and Cons of Starting a Business

Pros

  • You create your wealth and have full control over your finances
  • Some countries offer incentives for foreign investors and tax advantages for business owners
  • Flexible schedule

Cons

  • A language barrier between you and local customers
  • Breaking even may take a while
  • You’re likely to meet a lot of failure along the way

Conclusion

Owning a business is quite fulfilling, even though it comes with a whole lot of work. It’s even more challenging when you’re trying to break into a foreign market, but that’s nothing proper research and perseverance won’t fix.

March 11, 2020 by Uncategorized

10 Things To Know Before Relocating To South Korea

Westerners may find living in South Korea challenging. The culture is different, and the language barrier can be difficult to overcome, but the country continues to attract many foreigners every year. In fact, more than 1 million foreigners are living in South Korea. Whether you are relocating for work or vacationing, here are some of the things to expect when you arrive. 

Passports and Visas

There is an array of visas South Korea offers visitors. The most common ones are:

  • Temporary Employment (C-4)
  • Intra-Company Transfer (D-7)
  • Foreign Language Teaching (E-2)
  • Special Profession (E-5)
  • Specially Designated Activities (E-7)
  • Training Employment (E-8)
  • Non-Professional Employment (E-9)
  • Temporary Journalism (C-1)
  • Short-Term Business  (C-2)

As you can see, the majority of visas issued are job-related. If you plan on taking up gainful employment, you probably need a temporary employment visa (C-4). 

Cost of Living

Seoul’s housing market is the most expensive in South Korea, but many areas are still more affordable than other developed countries. The housing quality, selection, and availability can be limited, however many places offer convenient access to businesses and provide comfortable living, especially for foreigners. 

Housing

If you are thinking about living in Seoul, expect apartments to be tiny by Western standards. Not surprisingly, the further away from the city one moves, the more spacious the accommodation becomes. An interesting feature of Seoul’s many apartments is that they have switched out  traditional locks and keys for electronic locks with magnetic door keys and number pads.

Culture

If you are experiencing homesickness or culture shock, large cities have ex-pat groups who hold regular meet-ups. If you stand out from the crowd, expected to get stared at by curious natives. This is not ill-intentioned, but reflects different social norms about staring and personal space.

Cuisine

Traditional Korean food is everywhere, and it is often at a reasonable price, depending on where you eat. Always be open-minded about new foods. If you are at a company dinner with your coworkers, to refuse a soju makes you seem unfriendly and unwilling to embrace the culture.

Climate

South Korea has all four seasons, and you can expect extreme temperatures for summer and winter. There has been no volcanic activity for well over a century, and earthquakes and typhoons are rare. Pack sensibly with outfits appropriate to the season during which you plan to visit.  

Work and Education

South Korea has a strong work ethic. If you are a student, you can expect to study for long hours, and don’t even think about skipping work. If you do nap at your desk, it shows that you have worked hard and deserved it. Koreans traditionally form strong coworker bonds, so you can look forward to going out with your workmates in the evenings. They can be considered your second family. 

Transportation

Since public transportation is well-developed and abundant, owning a car is not necessary. Seoul’s subway system, the Seoul Metro, is one of the best in the world. As a pedestrian, be careful when crossing the streets as traffic can be unpredictable. Some tourists have complained about aggressive drivers, but overall it is quite safe for locals and tourists alike.

Safety

There is crime in all corners of the world if you know where to look for it, but in South Korea it is rare. Since firearms are illegal and only carried by law enforcement, crimes tend to be less violent. Like any foreign country, use common sense and always be aware of your surroundings. 

 

It is important to note that while North Korea and South Korea haven’t engaged in open hostilities since the ceasefire of the Korean War, they are still technically at war. Stay updated with the news, and set a plan to reach your nearest embassy if needed. 

Health Care

If you are from the US or Canada, then you will  be accustomed to the high standards found in Korea. They have excellent healthcare and a well functioning legal system, so if you are used to law firms like Diamond & Diamond, you’ll not be disappointed and will have no problem adjusting. In fact, South Korea is a rapidly growing destination for medical tourism. 

 

Similar to Canada and the UK, South Korea has National Health Insurance, which is a universal health insurance program created by the Korean Ministry of Health. If you do not have your coverage upon arrival, it is mandatory for you to enrol in the program once you obtain your Alien Registration Card (ARC). 

Conclusion

Be sure to inform the embassy of your stay, and keep your visas updated. If you are excited about learning new things and exploring a new lifestyle, South Korea is a great place to start.

March 11, 2020 by asiablog

Hobbies at Home You Can’t Partake of in South Korea

Depending on where you come from, living in Asia can be a bizarre experience. Things we consider normal are often considered not normal in South Korea. They have different ideas of what is considered right and personal.

Therefore, so that you don’t get in trouble, we will outline a few of the hobbies that you should avoid. Ignorance is not always bliss.

One small side note, the government is not extremely strict about enforcing some of these rules. We will mention which ones they aren’t particularly strict in policing, but as a foreigner, it would be advisable to stay out of any problems with the authorities.

Online Gaming

South Korea has a small problem, well a big problem with gaming and children. Lots of the best gamers in the world come from Asia, specifically South Korea. They also have a very difficult school system.

As some teens would spend their whole night gaming and not be able to function in class, the government issues some legislation to ban kids under 16 from gaming between 12:00 AM and 6:00 AM.

So if you are under sixteen, you won’t be able to game overnight. This law probably won’t affect most people, fortunately. Imagine not being able to enjoy a good video game in South Korea when you wanted to?

Pornography

Watching Porn is a part-time hobby of approximately 70% of men in the world, and 40% of women. Some countries have attempted to restrict access, but South Korea went all out.

In SK, anything form of pornography is banned. They take it quite seriously, watching all the traffic in and out of the country. This restriction is often unimaginable to those in the West, but this is reality.

Street Vendors

Unknown to many foreigners, street vending is actually prohibited in the country. The government prohibited it, citing that it was costing the country in actual GDP.

The flip side of this order is that it isn’t enforced as strictly as it is meant to be. The police are willing to turn a blind eye to it. Also, some people are willing to risk the penalty for the sweet, sweet tourism money.

Smoking in Public

South Koreans do enjoy smoking quite regularly. However, the government, as usual, decided to stick its nose into matters and outlaw smoking in public areas.

It is not that you can’t smoke, but only a few places allow people to smoke apart from at home. The idea is to keep the streets smelling clean and fresh, which can be appreciated if you are not a smoker.

This is one of the regulations that SK really keeps an eye on. The fines are heavy and well-enforced, so it would be wise not to attempt to light up when in public.

Tattooing

In South Korea, technically, only state-sanctioned doctors can do tattoos, and they are hard to get appointments with. The government rarely issues licenses as well.

However, in recent years, more and more illegal shops have begun to provide services dodging around the law without any reprisal from the government.

Growing Marijuana

According to ilovegrowingmarijuana.com. “Marijuana growing is a great hobby, especially if you want to know what you are smoking.” Unfortunately, even though medical uses of weed are legal in SK, the actual plant itself is illegal. Maybe in a few years, you’ll be able to pick up the hobby of growing in SK.

Gambling, Is it Okay?

To finish, we will take a look at gambling. While it is not illegal for foreigners to gamble, it is almost completely restricted from the local population. Only one place in the whole country allows the natives to play, and even that is quite an uncomfortable location.

Final Thoughts

Asia is a unique place to live with it’s different from the rest of the world. Whether one goes as an English teacher or anything else, it is always good to be conscious of what is taboo and what is acceptable.

March 4, 2020 by asiablog

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