Trading in Thailand

Discussion in 'Hook Up' started by FireWalker, Dec 28, 2003.

  1. Mark1,

    Don't put all the blame on thais only, Usally it's falangs who
    like to butterfly mostly, and plunge their instrument in every
    hole that doesn't get away from them, as much possible during their short visit.
     
    #81     May 18, 2004
  2. pspr

    pspr

    "The second mispronunciation of the "r" sound is that most Thais pronounce it like the letter "l". A good example is the Thai word used to identify a foreigner - "farang". Thais invariably say "falang". Even when using Thai phonetics to learn English. This is a common problem and it is often very hard for Thais to learn to pronounce the "r" sound correctly."
     
    #82     May 18, 2004
  3. mark1

    mark1 Guest


    yes sorry for my poor explanation and lack of skill with English language.

    Thai women are far far from being easy, on the contrary they are very timid , sweet creatures , with a real cult for their man and they try to please you in every possible way when you have "conquered" their heart and confidence.
    That's not an easy task, cause most of the strangers behave like @sshole and treat them like s*it.
    And when a girl is "dumped" by her man, she loses face and for their culture it's a big big problem who can even lead to a suicide.

    So thanks to all the @ssholes out there who behave like idiots running after everything that breaths when in Thailand causing much discomfort to the locals.
    Generalization but true .
     
    #83     May 22, 2004
  4. yabz

    yabz

    I haven't actually used it yet, but its something I'm looking into for my new house where there is no telephone available. If you are living in Bangkok there are probably better options. However Bangkok is not a pleasant place to live....:(
     
    #84     May 22, 2004
  5. To mokwit and Nana Trader, has the bband connection in BKK been getting any better? Would it be realistic to daytrade (not position trade) the US stock market using the connection you guys are using?

    From reading around, reliability seems to be a big issue. It appears that Thailand's neighbors, Malaysia and Singapore, have a much more reliable connections to the US. However, I can be wrong since Thailand might have improved its bband infrastructure recently
     
    #85     Nov 27, 2004
  6. Ditch

    Ditch

  7. mokwit

    mokwit

    In a nutshell yes you can daytrade, certainly to Hong Kong, but due to transoceanic latency some speed based scalping strategies in US products may not be viable.

    Just a few days ago there was obviously some upgrading done and I now have a virtually packet loss free connection. Quality seems to vary depending on where you are in each ISP's capacity vs subscriber adds cycle. At the end just before an upgrade is forced by having too many subscribers for the existing bandwidth and infrastructure you have a bad connection and then after each upgrade you have a good one for a while. Numbers have gone from 10,000 to 250,000 users in 2 years with upgrades lagging. Bottom line is that this has meant there are periods when day trading has been non viable and/or strategies must be adapted.

    The physical ADSL link is generally stable. The major issue is their ISP software capabilities and reliability and overseas bandwidth as this is where they try to save money. I was paying USD75/month for unlimited hours with Ji-Net for a stated 512K and tested actual 300K. I switched from TRUE as the quality deteriorated and I was paying Bt44 hour for excess usage. Ji-Net was absolutely fine for a while then it started to deteriorate to the point of unuseability, so I switched back to TRUE on a new unlimited package of 2.5MB stated, actual 300k (more now after upgrade).

    At the time of writing I have a reliable connection that does not disconnect or show high packet loss. 3 weeks ago this as not the case and I had several disconnects in a day. Now, after the first disconnect I stop trading, but you don't know when it's coming and this can force you to adapt how you trade as can latency. e.g. the 'dammed if you do and dammed if you don't' issue of using hard stops in a market rife with stop running in case you have an outage, or using limit or Stop limit orders in advance to prevent you from hitting prices that no longer exist or being last in line (read: filled at whipsaw point) with a market order. I have frequently closed out trades ahead of target when I have an advance warning of trouble from Pingplotter or DUmeter. Frequently these are false alarms but HSI can reverse very fast on some days.




    I miss a lot of trades through being too slow in some ways but it's difficult to isolate reaction times, etc from latency etc. I have become leery of using market orders. Right now market orders are neo viable to HK as latency is around 300 ms to HK (was around 700ms recently), but add transocean times for US markets. The slippage is around 3 ticks HSI which is fine for a big move but I generally anticipate with market or stop limit orders. On breakouts/downs in HSI if it blew through a stop limit believe me, there are time when you would not have wanted the fill you would have got ATM.

    Another reason I use limits is that it seems the credit verification takes place in the time it takes for the market to trade to my price. Note that the biggest delay in market orders is probably the eternal wait while broker server verifies your available margin not internet latency.

    Bottom line is that when everything is working fine you can day trade and can neo scalp but there are almost certainly some speed based things that might not work due to latency i.e. the price you are seeing was already hit in Chicago by someone with a 700ms reaction time.
     
    #87     Nov 27, 2004
  8. mokwit

    mokwit

    An added reason for using non ATM orders is of course that they are on the brokers server and safe from local internet issues (unless you want to cancel ofr change!)

    In the above post I have put market when i meant limit but cant edit it due to some rule.
     
    #88     Nov 27, 2004
  9. mokwit

    mokwit

    Just to clarify on what I mean by disconnects.

    While there are times when the actual internet is down and nothing works, how often you are disconnected is generally a function of the sensitivity of an app to things like packet loss and rerouting and service halts. Some apps take it in their stride, others can be unuseable on some days through their own built in safeguard mechanisms that respond to these factors.
     
    #89     Nov 28, 2004
  10. mokwit

    mokwit

    Just to let you know that ATI FireMV 2400 4 display PCI and some Matrox 2 display PCIe and AGP video cards are available form PC Gallery in Panthip (www.pcgallery.co.th). No affiliation, just sharing where to get parts that would otherwise have to be brought in by self or run the customs gauntlet.
     
    #90     May 6, 2006