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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.
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?
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.
May I ask what broker you're using? I've been talking to a number of Futures brokers (NinjaTrader, EdgeClear, Philip Capital, Dorman, AMP etc) and they've all told me that they won't open accounts for traders based in the Philippines.
I'm based in North America so am able to open accounts with the ones you mentioned and am not sure who you could go through in the Philippines but, I have what might be a work around in your situation. Unless you find a broker who will let you open n account from the Philippines you can try doing a trade evaluation with one of those companies like Topstep or Oneup or Leeloo. There are many of them these days. What you can do it get funded with one of them and you should be able to trade and receive your trading profits from your location with no problem. I used Leeloo and was funded and can see that your location, no mater where you live, you can get a funded account if you pass their trading evaluation (LeeLoo has, as far as I'm concerned, the best one) and you can trade and receive your profits in that way.
Sorry I don't know of any other solution but that should work for you. Hope that helps.
When I lived in Asia (Thailand and the Philippines) it was no problem, at least for me, to open a private trading account with a broker in the US. One thing I had to do was to fill out a paper for "Declaration Non-U.S. Person" (Form W-8BEN). - https://www.interactivebrokers.com/en/index.php?f=1554&p=nonus -