thinking about trading Nasdaq in asian

Quote from kiwi:

Having recently moved to New Zealand, I decided to look for markets that are more convenient to trade (timewise) than the US markets.
I trade the open 2 hours of the European mkt (ESTOX, BUND, Euro) (8 - 11pm local time) and the closing 2 hours of the US market (8 - 10am local time).
That seems to work for me, I was not interested in getting up at 3am to trade the US open.

Stuart

Bravo, That's called control, Because you learned to be so
deciplined to ignore opening of US market, Even it has so
much potential for a good move, but you learned not to be
glued to screen all the time.

I havn't overcome this, easy to say, but takes time to become
part of you.
 
Quote from cvds16:

bunds not enough volume ????? its probably the most liquid contract in the world !

I just took my Esignal Package very recently, and when i had
a look at Bunds chart, it looked like that.
Your right, i were very surpried to see little volume, may be some
problem with my chart setup or technicaly issue.
I have to recheck it again. Sorry for that
 
Quote from DC33:

anyone have experience with this ...i know a prop firm that has a branch in Hong Kong .. and the system is pretty reliable .. and no need to put up my own capital...... with the exchange rate and everything the income can be very good...but has anyone done it ...i am worry about trading from 9:30pm to 4 in teh morning .. even if i adjust my sleep time would it affect me a great deal??

thanks for all the input


How familiar are you with prop firms in HK? Do they have competitive rates? How come you are not trading HK stocks or the Hang Seng Index?
 
i am not sure but i dont think HK have any day trading firms ...

trading from internet at home is really differnet then trading with all the ECN's and the great rate a prop firm offer ...

if you do know that there is prop trading fimrs in HK or taiwan please let me know ...
 
In Taiwan some of the small brokerages can set you up w/ a small private office & give you good rates. Well, local rates are a steal anyway. For locals with some capital, or locals who know someone in the industry, it is fairly easy to work out. I've known a handful of local private traders who trade out of an office at their broker's branch. A couple were even given use of a company car. Many of the small brokers are run by entrepreneur types that will front money to a trader they believe in, but it is their own pocket $$ so they need to know you. Of course this is not really 'prop' in the sense people here mean.

There are major restrictions on trading by foreigners so it is all but out of the question, unless you do it under the table, which I don't recommend.

Some of the large foreign brokerages like GS, ML, etc, run small prop desks that trade local Taiwan equities. These desks are either in Taiwan or more likely HK. Good luck. Here the strategies are largely dictated to you and I believe compensation is primarily salary based w/ bonus.

The local market is great to trade ... only problem is you have to be a local, or a deep pocket institution. Sigh ....
 
Quote from DC33:

i am not sure but i dont think HK have any day trading firms ...

trading from internet at home is really differnet then trading with all the ECN's and the great rate a prop firm offer ...

if you do know that there is prop trading fimrs in HK or taiwan please let me know ...

all that except the financing is available via IB. with the level of broadband in HK, you wouldn't be giving up anything in terms of speed and execution.
 
so there is major restriction for non-local to trade the taiwan market?

is it illegal or restrictions apply for local to trade US market?
 
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