Hi all, I have been on and off in trading for the past 2 years and would like to make another comeback. Wondering if there are Filipino traders (or expats traders living in the Philippines) here as well. Regardless of location (home or abroad), I'd be happy to make a connection.
We actually have a Slack channel with @marts01 and a few others but it is currently not active. I'd like to make another effort to revive it. So feel free to respond to this thread and we can talk.
"You are only as good as the decisions you make."
The following user says Thank You to jerbersoft for this post:
Good to hear from another pinoy trader. I have stopped trading for now because I am swamped with other responsibilities. But I will definitely do a comeback soon. Just have to alot a couple of hours each day to trade. Other than that, I would be happy to talk about trading.
I am married to a Filipina. Best decision I ever made. We met in Davao and go to Butuan City to see here family. I am an ES trader as well and live mainly in Mexico. But we are talking about spending much more time in the Philippines. The trouble is the time difference in trading the ES market. I don't want to work at night. Do you know of any markets that are similar to the ES in Asia?
Thanks for your time!
Larry
The following user says Thank You to Larryeh1 for this post:
Kospi futures/options (IB broker only probaby), India's index (Nifty 50), Hang Seng, Aussie index (SP 200), Dax or mini Dax, That would have you covered no problem. Check 'em all out and see which moves the way you like. All have alot of volume I think. Best ones for movement and volume are Kospi, Hang Seng and Dax.
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Hi guys! I am a Filipino and I am interested in trading futures. How do I start? How do I start my education? What trading platform do I need? Which broker should I use?
The following user says Thank You to arsini for this post:
I can tell you the road that I took that has worked very well for me. I decided early on that I needed to make sure I kept things as simple as possible. Unfortunately there are so many different roads one can take to try and learn to trade that I believe it takes up a majority of the time a learning trader takes. That can add years. I decided after about a year of research that Price Action trading was best for me as I simply wanted to be able to read the price charts as they moved to make my trading decisions. Without getting into a long dissertation on why price action, all I will say is that it is the most raw and simplest form of trading I believe there is. I say "simple" with some reservation though as it will take time to learn to read the chart as prices move and predict with a high probability the direction the market will take in the next few bars (if one is scalping) of longer if one is swing trading. What I know is Price Action trading can be used on any chart in any time frame and in any market.
This is what you can do to get your questions answered and get on a road to consistent and profitable trading and that is to visit priceactiontradingsysteme.com
I am not an affiliate for Mack, the trader there nor do I get any sort of kick back or anything else for mentioning this. In fact, he'll probably never even find out I did. But this is the road I took starting in September of 2018 and I have since quit my main job and am day trading as my new profession. Fast, relatively speaking, yes. But it is just a fact. And the data I used from begging through to now is covered on his website and in his trading manual. He's also done a series of videos over the last 7 years of each day that he trades and goes over the chart. He's provided so much information it is unreal.
Have a look and see if it might work for you.
Hope that helps!
Larry
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