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| laxstump11 |
 Posted: Fri Jul 25, 2008 2:48 am Post subject: Which Country Do You Trade In? |
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Just wondering which country everyone prefers to trade in. I only trade in the USA, mainly because I am inexperienced when it comes to trading in foriegn stock.
Many BIG investors are starting to move to foreign stock (China, Africa, etc). Do you think it is worthwhile to learn about other markets, or is that only for people with a lot of money?
So, which Country's market do you trade in, and why? |
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| zerolikedis |
| Posted: Fri Jul 25, 2008 4:47 am Post subject: |
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Investing Manager
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| prs1065 |
| Posted: Fri Jul 25, 2008 5:37 am Post subject: |
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Investing Manager
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| Im a us only trader but have a stock that owns a chineese water company (hek). |
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| exchange |
| Posted: Fri Jul 25, 2008 6:42 am Post subject: |
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if you are not experienced in one market why risk even more investing in other markets that you know nothing about?
once you have experience and have money to risk then learn about the other market then invest |
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| zerolikedis |
| Posted: Fri Jul 25, 2008 8:20 am Post subject: |
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Investing Manager
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| chevrolet |
| Posted: Wed Jul 30, 2008 8:33 pm Post subject: |
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| yea...Trading on U.S.A is a better choice. I have been trading on U.S stockmarket with gnutrade for past one year and inspite of recessional rumours..I did well. |
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| eamoses |
| Posted: Thu Jul 31, 2008 7:48 am Post subject: |
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Investing Manager
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| i only trade in us stocks at the time, but i've been looking at moving into the china arena- i just don't trust OTC:BB that much... i will wait until after the olympics though to see how things pan out. |
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| Slim_80 |
| Posted: Thu Jul 31, 2008 8:52 am Post subject: |
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Investing Sr. Associate
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| I only trade in the US stock market but I keep an eye on the Chinese market also. It's confusing to watch with out having news like we have in the US for everything going on. |
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| DKnightSr |
| Posted: Thu Jul 31, 2008 9:53 am Post subject: |
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Member of the Month
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Mmmm....I'm not sure now is the time to be trading overseas. As the financial market recovers (which it will soon thanks to Uncle Sugar) the market will again begin to climb. This gives Bernake and the Boys ample excuse to raise the interest rates up....in an effort to prop up the dollar (which right now stinks). I saw in the news that China and the US had words....maybe over all the devaluated dollars they're holding? 
By strengthening the dollar, this will help draw down the price of oil, which will be greeted by another market climb. Again, Bernake and the Boys will be Johnny on the spot to regain their reputations.
Get the cycle?
As the dollar strengthens, foreign currencies will drop (because the dollar is worth more). So stocks valued in foreign currencies will drop in value when converted to dollars.
I'm no expert. Purely amateur. However, I've (in the past) made some pretty good profits in foreign ETF's. I'm out of them now....other than the occaisional EFU....which shorts the EFA.
Each investor must take the responsibility of Pulling the Trigger. Life is full of choices, choices have consequences, and only when we are prepared to accept the consequence are we entitled to the choice.
Or so I believe. Best of luck to you, whatever you decide.  |
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| MEDIC1FF |
| Posted: Mon Aug 04, 2008 5:25 pm Post subject: |
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Investing Sr. Associate
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| I trade only in the US market |
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