Asian markets

[vetten]

G`day folks,

I would love to go long/short on the Asian markets like Japan, Hong Kong etc.

Would anybody know a reliable direct access discount broker?

Thanks heaps.........Johannes

 

[Erics]

Don't go there now. At the moment asian market is a bear market. May be next year it will be better.

 

[vetten]

Don't go there now. At the moment asian market is a bear market. May be next year it will be better.

Thanks Erics.......but I want to do an event driven strategy: just make 1 trade a day throughout all the stock markets on news that is really good or bad, get in at opening and put a lot of money on the line.........I just hope that it won`t open at the bottom and that it will go my way from the bell. Ofcourse I will put in a tight stop and a trailing stop before the bell too and then I can go fishing, `cos everything will look after itself. Simple aye......and here`s hoping it will work.

So if anybody knows of a discount broker for the Asian markets long/short please don`t hesitate to tell me...........

Johannes. :cheesy:

 

[PeterTT]

Don't go there now. At the moment asian market is a bear market. May be next year it will be better.

Hang Seng is 4% off its high in March and 23% above it base in May
TSE2 (Tokyo second section (mid cap stocks)) is about 40% up from January
Indian Sensex is near its highs

I would not call that a bear market by any means

Peter

 

[trimixdvr]

Hows this looking now?

 

[SOCRATES]

If you watch CNBC, in their Far Eastern commentary they mention intermediaries from time to time. One of these mentioned may be of use to you, try it perhaps.

 

[neil]

Again - Try Elitetrader.com in the USA..............loads of brokers offering direct access.

 

[def]

You may want to take a look at Interactive Brokers (www.interactivebrokers.com). We offer direct futures access to Hong Kong, Australia, Japan and Singapore.

 

[trimixdvr]

Man I love this site, you guys are great!