Day Trading The Usa Markets From Thailand

[vandoug]

Hello,

Wondering if anyone here is day trading (or night trading) the USA stock markets from Bangkok? I'll be spending 5 months in Bangkok and would like to continue my trading activiy while I'm there.

Do you find the internet connection fast enought and reliable? Is anyone using a cable connection for trading rather than ADSL. I'm searching for an apartment and I find getting a direct phone line is not easy. I have ruled out wifi for security and connection reasons.

Any feedback is welcome. Thanks!

Doug

[Crushdepth]

Bulletproof WIFI security is easy to set up (WPA2 with a strong key, and disable remote/wireless admin on the router), no need to discount it as an option. Reliability is an ongoing issue for internet connections in Thailand, you need a backup and even that won't give you 100% uptime.

[RandomSand]

Just try to find an ex-pat who wants to lease their condo for 5 months. Sure; most condos have some form of internet in this day and age.

If I was you, I'd get off the net and stop asking complicated questions to Thai people. When you ask "Does it have a line and with which Telco?"; The truthful answer might be "This building 7 years old already, PABX system broken and all people have cell phone and want DSL/Cable... All unit sold already and buyer ruined exterior of our building for their internet cable"... But they won't say that very easily (for some reason) -but you'll see it in person.

So for a new cable to be installed (which is normal for annual DSL contract), Two people must give it the OK. 1. Apartment owner and 2. Building Juristic Person. So... you being a third party need another approach therefore read first sentence again or find building in-person where cables can be lashed easily! (subject to persons no.1 & 2).

Edit:, packet transit time to New York is between 290 - 350 ms. You don't need mega fast for stock-trading, do you?. I know 1Mbit is fine for Skype and on-line gaming. 99% uptime for DSL/ Cable is pretty much normal.... unless you have some unusual local problems or a submarine cable goes down ...which could happen anywhere and not only Thailand.

[Rancid]

I trade US Options, the internet here is fine, but I do have the package for faster speeds outside Thailand. With daylight saving back on in the US it has pushed the market back to 9.30 pm and that sucks. I really do need my beauty sleep these days, the mirror suggests I have been wanting for decades. Perhaps Yanhee could help...

[Newguy70]

Yes...

Have used True/TOT. IT depends on the area you are in.

[NHJ]

You don't have to worry, trading requires nothing in term of bandwidth everything but the edge will do the job.

[vandoug]

Thank you all for your help on this...much appreciated!

I live in Vancouver Canada so markets open at 6:30 a.m.

I'm not a morning person, so looking forward to trading at night.

[monty]

You don't have to worry, trading requires nothing in term of bandwidth everything but the edge will do the job.

Not the trading itself, but day traders especially relly on a constant massive stream of real time data!

Nowadays a decent adsl connection along with.one of the 3G providers as back up should see you trading risk free (from connectivity outages that is )

Sent from my GT-I9001 using Thaivisa Connect App

[Simon1985]

I too want to Daytrade US Stocks while in thailand. If you rent an apartment which hasnt got broadband, is it possible to set up a broadband service if you are on a tourist visa. Dont mind paying for the 12months upfront.

[vandoug]

You are so right, Monty. You sound like an experienced trader, or perhaps ex-trader ;-)

Simon, I'm not in Thailand yet, but I understand you can get set up for broadband by phone or cable if you are willing to pay for the setup, which could be a expensive. But that is a relative thing. If you are willing to pay for 12 months I'm sure they will find a way to make it happen.

[Simon1985]

Vandoug thanks for the info.

[wpcoe]

I too want to Daytrade US Stocks while in thailand. If you rent an apartment which hasnt got broadband, is it possible to set up a broadband service if you are on a tourist visa. Dont mind paying for the 12months upfront.

I know friends who get ADSL contracts with just a 30-day visa waiver in their passport. I used to do it, as well, before I got a retirement visa several years ago. It seems that a copy of the passport picture page is all they need.