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Hello,

In addition, I want to give day trading large cap stocks a try so I don't have to wait for the right set ups on futures all day. Should I just isolate stocks to high volume Nikkei 225 components using this Bloomberg page? http://www.bloomberg.com/markets/stocks/movers/nikkei-225/

I have set some criteria for me to find stocks to watch during the day. 1) N225 component 2) share price between 500-1000 yen 3) trades over 5 million shares a day. Do the criteria look fine to you?

Many thanks

I have been waiting for TradeStation to be available on Monex for quite some time. It would be nice if they can do it soon.

Also, I have observed that on that larger than usual limit orders for mini contracts tend to attract price to go there. For example, if the size of limit orders are around 800 at most price levels and then there are limit order above or below current price that has a size of 1600. Is it just random or does large orders tend to attract price? If it does attract price, what is causing that to happen?

Hello,

I haven't traded from Gib. Just went there to meet and check opportunities. There are a few traders at TTR( ttr.gi ).

BYE

Hi,

I just moved to Seattle to start my own business day trading stocks using a semi-automated system, and I'm trying to connect with local people doing similar things. I saw your message in a discussion here dated 2013, and I was wondering if you were still in the area? My personal email address is ryporter@gmail.com

At the moment, I'm actively looking for a firm to handle incorporation (including advice on which entities to use) and taxes for the new business, along with my own personal taxes. I'm already very actively trading, making hundreds of trades each day. I know that there are a lot of special tax rules for traders and trading entities, and I definitely want to find a firm with expertise in this area. However, I've been having a lot of trouble finding such a firm locally. Would you happen to know anyone? I assume you've incorporated an entity. Whom did you use?

Best,

Ryan

hi, VSTscalper,

I read your scalping my way thread, I recently started doing day trading, and would like to know if you have scheduled any webinar on scalping anytime in the future that I can join? Did you start your blog already?

Thank you.

Nehz

I also can be found on: http://fxgears.com/

Bob,
what is the new chat room? I cannot find anyone in here and this is last one i used:
http://www.stocksaints.com/

Spydertrader Thanks very much for your journal. I just joined Elite a couple of weeks ago. I have never traded live but have been studying volume spread analysis for three months now. I have read your first two journals ( love them ) and I would appreciate if you could assist me in obtaining the videos you reference and the links in the journal no longer function. This would be of great assistance in understanding a number of posts that refer to them. Thanks in advance for your consideration.

Unless you know something that I don't, comparing the volume of the two contracts should prove fruitless. Also, you must be careful with SBI's data. They get their data from Reuters, and Reuters does not flag rollover data. So the rollover data is mixed in with actual trades.

When analyzing price movement you should use the contract you're trading. But you can keep an eye on the large contract to see if it follows, as the mini has many false breakouts. However , once you are able to differentiate between false and valid breakouts, that should no longer be necessary.

In a previous post I forgot to mention Rakuten's Market Speed. It's one of the more popular platforms. Also, keep an eye on Monex. They will be providing TradeStation in the near future.

Today the volume of mini contract was less than 1/2 of the large contract. Does this usually happen before expiration date?

Also, I have another question regarding consolidation ranges. Suppose I am looking to trade a breakout of a range, should I use the trading range of large contract or mini contract to define a range? Thanks