Recommendation for broker/platform/data for scalp/trading stocks

NexusFi · 2018-04-01T05:10:21-04:00

Hey there how are you? IB has security devices as they call them. They have a number of levels of these devices as well not sure about all of them but as you go down the list they increase in security. I have had three different kinds with them. First was a plastic credit card size "device" with approximately 230 codes on the front and back total all numbered. When you login in to your acct they ask you for two of these codes. For example 3 and 176 and you have to find 3 and enter its code then 176 …

Discussion in Brokers

Updated April 1, 2018

Recommendation for broker/platform/data for scalp/trading stocks

April 1st, 2018, 05:10 AM

#41 (permalink)

Pepe2000

Bratislava, Slovakia

Elite Member

Experience: Advanced

Platform: Sierra Chart, NinjaTrader

Trading: NQ, YM, ES

Posts: 94 since Sep 2012

Thanks Given: 12

Thanks Received: 111

Hi Guys,

I am trading futures for some time and would like to add stock swing trading strategy to my portfolio and options trading in the future.

I am currently using SierraChart platform with their datafeed and Interactive Brokers as a broker. I also poses a lifetime license for NinjaTrader which I am currently not using.

I am trading orderflow principles and I identify entry zones based on volume profiles. My trades last usually between 10 secs - 3 min. I would like to use similar principals for entering longer term stock trades 1-10 days.

Could someone experienced in stock trading give me a hand here. What type of data do you use for stock trading? Obviously for orderflow I need high quality tick data. Is this the case for stock trading as well? I will be scanning the stocks on daily timeframe and maybe I will be fine-tuning and timing entries on lesser timeframes. Do you do it the same way, or do you simply enter limit orders at the close of the previous day for example? What data do you use? Snapshot, tick, etc.? Is here someone using the SierraChart + IB combo for stock trading?

Consistent profits for everyone