One reason I made this conclusion is when I trade these China plays, the fill I got is all kinds of weird small lot, like 3 shares xxx, 10 shares xxx, 53 shares xxxx, 220 shares ..., you get the idea<g> I don't think many Americans trade this way. I do not. I usually round to 100, or at least to 10 if the stock is too expensive.
Another reason is that if you go to Yahoo, or Google forum for those Chinese stocks, you can tell by the English of those post, they were written by Chinese<g> Very broken English, and many grammar mistakes<g>
Another thing you cannot verify since you do not understand Chinese. If you go to those Chinese stock discussion boards (there are plenty of them), some are overseas, some are in China, most of the stocks they are talking about are Chinese companies, which is understandable, because they know these companies, so they fell more comfortable to invest them
If these are not enough, then I am sorry. Your guess is as good as mine<g>
The user id in Ameritrade is usually last name plus a number. And now they already have more than half million<g>. And the last name for Mainland Chinese is very unique from Chinese from Taiwan or HK. So that is another reason I said that.
Talk about the Chinese interface, I thought both Scottrade and Ameritrade have it, or at least is developing it. It is really not hard at all, especially with WIN XP OS |
