 |
|
|
#1
24-03-2006, 23:45
|
||||
|
||||
|
this is for all the traders!
|
| Guest Info |
|
+:+:+ Forum Headquarter +:+:+ |
|
#2
25-03-2006, 10:03
|
||||
|
||||
|
I have actually had calls not far from that.. Has a right bunch of shysters at one point who you had to watch like a hawk.. Limit orders only etc..
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#3
25-03-2006, 14:15
|
||||
|
||||
|
Actually, ARE there any other traders on this site? I daytrade (for myself) normally on the nasdaq or amex and though i have a few other freelance gigs, it's how I make my living. The thing about trading the USA from Thailand is that the market opens at 9:30pm, goes till 4am, which are not exactly the hours I like to spend in front of a pc when in Thailand...but sometimes you just gotta suck it up and get to work (a few singhas by my side though!).
Anybody else do this? Would be cool to hear from you, get a chat going sometime... cheers, Robaht
|
|
#4
25-03-2006, 14:27
|
|||
|
|||
|
Don't have the balls
Quote:
Hi Robaht, I like to trade short term (1week to 6months) but I must admit I don't have the balls to day-trade. I have all the tools to do it but not the time or the inclination. I think it needs nerves of steel for this type of enterprise so more power to you. Steve
|
|
#5
25-03-2006, 14:29
|
||||
|
||||
|
K2 was trading until the bars came up..
I am not a trader but an active investor..
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#7
26-03-2006, 08:58
|
||||
|
||||
|
Thats a classic 55555555555. And here was me thinking that you had it hard at your desk on the Nasdaq!!!
I have a few bob on the Nasdaq but I trade very seldom because it costs a fortune on commissions because I have to trade through my brokers here in Ireland and I am not very experience with stock markets. I dont trade large enough amounts either to justify it. I would love to set up an online account to trade stocks in the US but any ones that I have come accross are for US citizens only. BTW I only trade small amounts of money as this is not my livelyhood, but it really is interesting to trade stocks in the US as the information available to the individual trader is far superior to what is available here on The Irish Stock Exchange. Also activity is so much greater than here. Got any recommendations marc? As soon as Center Financial Corporation hit $26.50 I am outta there. HS Quote:
__________________
 Heaven is a place on earth...........Go to LOS and see for yourself
|
|
#8
28-03-2006, 09:17
|
||||
|
||||
|
Quote:
I am acting at the stock market but no day trading and as private investor not my business as well. And not high amount, but every day active. Invest short to middle. i am in the stock market since many years, but not all the time investing. Now again more active, as it needs a lot of time if you dont want to loose a lot. Would be nice to chance some infos. But i am only in the german stock market (also foreign stocks but traded e.x. in Frankfurt) because using a broker buying in foreign stocks is expensive on the fee´s. have new ericsson and linde in my portfolio.
__________________
Never to old to make yourself a fool  Especially in LOS
|
|
#9
28-03-2006, 22:57
|
||||
|
||||
|
Quote:
i have had discussions about europe's access to no american exchanges actually as recently as last night. i think in the future, 2 years ro so, you guys will have easier access to oue exchanges
|
|
#10
28-03-2006, 23:05
|
||||
|
||||
|
I dont understand the problem. .Just open an etrade account or fund a US based schwab or similar..
I dont currently have an ET account but when I did trading was not a problem.
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#11
28-03-2006, 23:09
|
||||
|
||||
|
Quote:
i was thinking the same thing about etrade my statement about access to the no american exchanges was geared to insitutions and broker dealers
|
|
#12
28-03-2006, 23:18
|
||||
|
||||
|
I cant remember the site now but there was one that would trade globally really well.. I was looking at it as mining exploration etc is often less US centric..
I still have a US based 'real people' brokers but I might knock that on the head soon.. Just sold out of the bulk of its positions and so its cash now.. I dont see what the restriction is ??
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#13
28-03-2006, 23:26
|
||||
|
||||
|
Quote:
for a regular small investor, i dotn see too much restriction as for institutions and B/D's, there is no direct access to the markets, or very limited. so they basically have to go through another B/D'S access to the exchange but i think in the future you will see more direct access right to the exchanges
|
|
#14
28-03-2006, 23:40
|
||||
|
||||
|
I thought Etrade was quite easy for Europeans to get accounts. I think with Ameritrade you need to be a US citizen but I am just basing that on my frail memory. For the record, I use Ameritrade Izone, which is $5 a trade. Actually, Freetrade by Ameritrade used to be cheaper with the first 20 trades per month FREE, the next 80 cost $3, the next 100 cost $2, and all the rest at $1 each. Amazing deal actually, saved me a small fortune. But it is gone now, I can only imagine they were losing too much money....
|
|
#15
28-03-2006, 23:50
|
||||
|
||||
|
I guess as I have never done the day trading thing it not the cheapness of each trade I look for but speed of execution and ability to fill orders at the market price..
I dealt with one bunch who were robbing me blind on the execution prices..
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#16
28-03-2006, 23:50
|
||||
|
||||
|
Quote:
well, of course. but they pulled in alot of customers with that offer, now they stayed and pay 5/per trade. not too bad either
|
|
#17
29-03-2006, 02:04
|
||||
|
||||
|
Speed and execution are more important than price, I agree, at least to an extent. I keep level 2 and last sale on screen and use primarily limit orders, I only once had a bad execution from Ameritrade and they fixed it for me! Otherwise they fill in seconds (and with last sale open I can see my trade go through!).
As for Freetrade, that was a great deal. I moved from Ameritrade Apex to Freetrade, effectively cutting their commission by $10 a trade. But, the thing with Freetrade was you needed a minimum balance transfer (about $5k only) and had to have traded online for at least 2 years. Plus customer service was only by email. They did NOT advertise, relying on word of mouth. Ironically the execution speed was IDENTICAL to Ameritrade Apex...amazing. Actually, the only time execution is a problem is with AMEX or OTC stocks that have some MM in control.  I don't know what the deal is with Izone but take a look for cheap trades a great service.Cheers, Robaht
|
|
#18
29-03-2006, 02:20
|
||||
|
||||
|
Quote:
 as for an AMEX stock, it all depends on the connectivity that they are using to access the AMEX
|
|
#19
29-03-2006, 03:43
|
||||
|
||||
|
It's not that I don't LIKE MM's, it's just...he he
  You might be right about AMEX but I refuse to believe that some hoarding of orders "until they have to let 'em go" does not happen. Lived it too many times...but it could all be a technical reporting glitch, who knows, I just learned to trade around it and cancel buy/sell orders and re-issue if necessary. Marc, send me a PM, when are you in HKT next? I'll be there for Songkran. Cheers, Robaht
|
|
#20
29-03-2006, 03:55
|
||||
|
||||
|
Quote:
im joking about the MM's, there is tons of scum out there. ive actually worked for 2 very compliant firms, but even still, we had our tricks of the trade! as for the AMEX, the specialists on the floor are the biggest scums on earth the connectivity issue is real though, but they take advantage of it also they know 75% of people will not call and go after a print that they are entitlled to
|
|
#21
29-03-2006, 20:56
|
||||
|
||||
|
Luv the stuff
I have been trading for the past 10 years but been day trading intensively over the last 2 years.
I;m set up through an online trading account with Comsec(Aussie Bank) and have pretty good deal with them. I trade through my company name so my accountant can keep very busy each year. Day trading is dangerous but very rewarding also.My buys are in the 30k to 50k region...and brokerage is about 0.0032 percent of the trade. Funny thing is that its all done during my work day...Am fortunate enough to have high speed internet connection at work...BUT its a matter of time before they find out and block my access... Then it will be time to move on 
|
|
#22
30-03-2006, 13:23
|
|||
|
|||
|
Nerves of steel
Quote:
Hi Robbo I hope your not like the surgeon that kept ducking out to do his exercises in the middle of his operations. You must have nerves of steel to day-trade and do a regular job. Do you use software that gives you 15 minute bites of the action (High, low,open,close), or do you wing it? Steve
|
|
#23
30-03-2006, 19:02
|
||||
|
||||
|
Quote:
Hi Steve, Unfortunately I have to wing it...am unable to use any of my software...i just use excel(available at work) forcasting models that summarize my risk and potential loss/gain as per variables like volume traded and other things.. As one person told me a long time ago...there is a fine line between day trading and gambling ...you just have too decide which song you want to dance to.
|
|
#24
01-04-2006, 10:26
|
||||
|
||||
|
Thanks for the advice. I am not day trading and just doing my private investions. But doing this since over 20 years. Dealing with my homebank, the problem with the american shares is not the access, just the fees to pay are much higher than for shares which are traded in germany. now there are some discussions if euronex and frankfurt are going together. NY made an offer to LSE, but they dont like it. maybe they get a |