Japan
Formal Name: Japan
Local Name: Nihon
Local Formal Name: Nihon Koku
Exchanges
- American Stock Exchange
- Australian Stock Exchange
- Brazil Commodities & Futures Exchange
- Chicago Board Options Exchange
- Chicago Board of Trade
- Chicago Mercantile Exchange
- Coffee, Sugar and Cocoa Exchange
- Deutsche Terminborse
- Euronext.liffe
- European Derivatives Market
- French Futures & Options Exchange
- Hong Kong Exchanges & Clearing Limited
- Italian Stock Exchange Council
- Johannesburg Stock Exchange
- Kansas City Board of Trade
- Korea Futures Exchange
- Minneapolis Grain Exchange
- Montreal Exchange
- NASDAQ
- New York Board of Trade
- New York Mercantile Exchange
- Osaka Mercantile Exchange
- Osaka Securities Exchange
- Singapore Exchange
- South African Futures Exchange
- Spanish Financial Futures & Options Exchange
- TIFFE: Tokyo International Financial Futures Exchange Inc.
- Tokyo Grain Exchange
- Winnipeg Commodity Exchange
Trend Following in Japan
Kingo Tanaka is one of the most successful traders in Japan. He is the developer of the long-term trend following program Dragon Horse, which earned a 102% return in 2000. Tanaka explains his returns by saying, I stuck to trend following. It was a common view that trend following did not work in Japanese commodities markets, but that was a conjecture never proven scientifically. While working at an Asian order desk Tanaka was able to analyze the tendencies of losing traders. He found two common characteristics. One was they tended to trade against market trends and two they used poor money management skills. Applying simple long-term trend following rules, Tanaka was able to develop a system that combated both problems. I was tired of seeing my customers lose money and get wiped out, said Tanaka, I wanted to help. Dragon Horse is named after the Chinese imaginary animal with a dragon head and horse body and is used to represent an outstanding person.
More:
Proven Automated Trading Systems for Up & Down Markets. Solutions for Stocks, Futures, Currencies, ETFs, LEAPs & Commodities
