Can Someone Find me a Market?

[Shanghai]

So I have been trading for a number of years and I do OK. I prefer to swing trade equities as it fits in with time I have available. Started off with LSE shares but it is always a struggle with stamp duty. I do sometimes spreadbet UK shares but I prefer direct access. So more recently I have been trading the German stock market. This has been an improvement but I am struggling with the relative small size of the market ie only around 50 shares have an average trading volume of more that half a million a day.

Ideally of course I would trade the US markets where liquidity is never an issue but being based in the Far East the time difference is just too much.

So can anyone suggest a market they trade where there is a good selection of tradable liquid stocks? Is it worth looking at Japan / Australia for example?

 

[timsk]

Hi Shanghai,
Presumably you've looked at your own domestic market and concluded that there isn't the liquidity or volatility you require? This surprises me, as I thought China is where it's at these days! If - for whatever reason - you would rather trade UK or US markets, given that your preference is to swing trade, could you not use stop and limit orders based on daily, weekly and monthly charts, offsetting the need to be in front of your PC while these markets are open?
Tim.

 

[PewPewPew!]

nice answer. nawt.

 

[Shanghai]

Tim,

Thanks for the reply. I'm not interested in trading the China markets though. Foreigners, such as me, are not allowed to buy "A" shares and you are also not permitted to close positions out on the same day. I tend to manage my entries quite closely and I close positions often within an hour or two if it looks like the market is not giving me what I am looking for. That and the fact that the markets are manipulated here more than almost anywhere else means that I would rather look elsewhere.

You do have a fair point about setting orders to trigger when I am not at the screen, making the US markets feasible. My entries do depend on looking for specific price action however so it really helps if I can watch what is happening. I can (and have) programme this in Ninja Trader but i still feel uneasy if I am away from the screens for any length of time. I learnt a long time ago that the market does unexpected things on a regular basis!

 

[crude_lover]

i am surprised you are not getting involved in the kospi, brilliant market to trade with the liquidity and movement and this year it is in the top 10 traded markets.

 

[Gumping]

So I have been trading for a number of years and I do OK. I prefer to swing trade equities as it fits in with time I have available. Started off with LSE shares but it is always a struggle with stamp duty. I do sometimes spreadbet UK shares but I prefer direct access. So more recently I have been trading the German stock market. This has been an improvement but I am struggling with the relative small size of the market ie only around 50 shares have an average trading volume of more that half a million a day.

Ideally of course I would trade the US markets where liquidity is never an issue but being based in the Far East the time difference is just too much.

So can anyone suggest a market they trade where there is a good selection of tradable liquid stocks? Is it worth looking at Japan / Australia for example?

Try Tescos. Lots of liquid stocks. I recommend the 15 yr old Islay malts.

 

[Shanghai]

Thanks Gumping. You have certainly hit on a very viable Plan B.

 

[everyonerich]

bovespa, dow, s&p500, nikkei, hang seng, ftse, dax

 

[Gumping]

Thanks Gumping. You have certainly hit on a very viable Plan B.

Bored on Friday afternoon what can I say. Thanks for taking it in the spirit intended.

Personally I only trade forex. My preferred weapon of mass destruction is EUR/JPY - it moves nicely during Euro, US and Asian sessions so it might be something you're interested to look at. It is, however, a long way from equities/indices etc.
I also like cable and EUR/USD but less so. You can swing trade all three of those nicely I'm currently racking up around 1400 pips from 2 live trades on longer time frames....shame about the capitalisation or I'd be minted

 

[Pascale626]

So I have been trading for a number of years and I do OK. I prefer to swing trade equities as it fits in with time I have available. Started off with LSE shares but it is always a struggle with stamp duty. I do sometimes spreadbet UK shares but I prefer direct access. So more recently I have been trading the German stock market. This has been an improvement but I am struggling with the relative small size of the market ie only around 50 shares have an average trading volume of more that half a million a day.

Ideally of course I would trade the US markets where liquidity is never an issue but being based in the Far East the time difference is just too much.

So can anyone suggest a market they trade where there is a good selection of tradable liquid stocks? Is it worth looking at Japan / Australia for example?

Shanghai,

Would you like to know the brazilian market?

I am a broker in São Paulo and would be glad to introduce this market.

Best regards.

Daniel Pascale

e-mail: [email protected]
tel: 55 011 3525-3510

 

[Shanghai]

Well that's an old thread resurected. In the meantime I have been trading the US markets exclusively. The US offers so many advantages when trading shares in the short to medium term compared to other markets due to the large number of liquid shares, plus the fact that it is the US market that tends to move the markets in the rest of the World. The transaction costs are also less than for UK shares for example. The slight drawback is that I am asleep for the afternoon sessions but Ninja Trader looks after my positions in the meantime.