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s10czar
Joined: 20 Feb 2010 Posts: 60
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Posted: Sat Apr 19, 2014 6:58 am Post subject: daytrading ~ english factory ~ evening hours ~ connectivity |
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Hi folks,
I'm curious about the typical evening schedule at a "factory" job like Wall Street English. About how late do you usually get off and then how early do you have to be back in the next day?
The reason why I'm asking is that I have a serious interest in daytrading. The US stock market opens up at 2130 or 2230 Beijing time depending on daylight savings. If I could be off generally by 2100 (and didn't have to be back in at 5am the next morning like Korea) it's doable.
On that note, how's the internet connectivity in China? Any traders out there?
Thank you kindly |
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johntpartee
Joined: 02 Mar 2010 Posts: 3258
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Posted: Sat Apr 19, 2014 7:44 am Post subject: |
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Daytrading AND teaching English in China? I would go stark, raving bananas!
Anyway, OP, the schedule will depend on the individual school. Whatever they've been able to line up, i.e., corporate classes, children, etc. |
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Guerciotti

Joined: 13 Feb 2009 Posts: 842 Location: In a sleazy bar killing all the bad guys.
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Posted: Sat Apr 19, 2014 8:05 am Post subject: |
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Right, the U.S. markets currently open at 9:30 pm China time. My internet is fast enough to trade, but I primarily swing trade. I only get about 5mb download and 0.5 mb upload speed but that is good enough and I think these speeds are common in bigger cities. If you trade in minutes like a FOREX jockey you might - might - have trouble.
I don't know about WSE or others. I'm sure someone else knows.
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choudoufu

Joined: 25 May 2010 Posts: 3325 Location: Mao-berry, PRC
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Posted: Sat Apr 19, 2014 11:21 am Post subject: |
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it all depends on city and location and political situation. during party
congresses or when certain areas get 'hot,' the internet, especially
to foreign sites, can slow to a crawl.
it's a great idea though!
when you lose your shirt day-trading, you'll still have your job at EF
to keep you hosed and fed. |
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Bud Powell
Joined: 11 Jul 2013 Posts: 1736
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Posted: Sat Apr 19, 2014 2:57 pm Post subject: |
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"... hosed and fed..."
That's the reality of it. |
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PBirm123
Joined: 08 Apr 2013 Posts: 31
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Posted: Sun Apr 20, 2014 3:36 am Post subject: |
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Long-term value investing FTW. |
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fat_chris
Joined: 10 Sep 2003 Posts: 3198 Location: Beijing
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Posted: Sun Apr 20, 2014 3:41 am Post subject: |
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Daytrading?!?
Don't quit yer night job!
Sorry…I couldn't resist.
Warm regards,
fat_chris |
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s10czar
Joined: 20 Feb 2010 Posts: 60
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Posted: Sun Apr 20, 2014 10:05 am Post subject: |
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Thanks all.
I was tempted to say something like "Hi, I'm a trader who just happens to do a little teaching on the side..." ~anyone who has ever struggled with trading would appreciate the sarcasm.
Can anyone enlighten me about the evening work schedule at WSE and similar places? That's really my main point of concern... |
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china505
Joined: 19 Sep 2012 Posts: 25 Location: Xi'an
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Posted: Tue Apr 29, 2014 4:42 am Post subject: |
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fat_chris wrote: |
Daytrading?!?
Don't quit yer night job!
Sorry…I couldn't resist.
Warm regards,
fat_chris |
Helpful as usual....but what else would we expect from you. |
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juanjose
Joined: 26 Apr 2013 Posts: 14 Location: china
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Posted: Tue Apr 29, 2014 4:56 am Post subject: Public Schools |
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I would suggest that you work at a public school. You will not work many hours. In many places 18 hours or less. You can do your other work in your ample free time. |
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Songbird
Joined: 09 Jan 2005 Posts: 630 Location: State of Chaos, Panic & Disorder...
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Posted: Tue Apr 29, 2014 5:11 am Post subject: |
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WSE- 35 hours/ week. Schedule can be anywhere from 10am-9pm, inconsistent days off and inconsistent working hours. You might be in til 9pm one night, and back by 10am next morning. Might get your schedule 2 weeks prior. Daytrading MIGHT work, because there's not much of a life other than that! |
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fat_chris
Joined: 10 Sep 2003 Posts: 3198 Location: Beijing
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Posted: Tue Apr 29, 2014 5:29 am Post subject: |
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china505 wrote: |
fat_chris wrote: |
Daytrading?!?
Don't quit yer night job!
Sorry…I couldn't resist.
Warm regards,
fat_chris |
Helpful as usual....but what else would we expect from you. |
Yep!
…in addition to all of my other helpful posts and threads started in addition to my numerous answers to the several pm's that I have received about life in China and gaining employment in the Middle Kingdom...
all serious posts and no play makes fat_chris a dull boy.
Warm regards,
fat_chris |
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