Why Trading Station, why indeed??

Once upon a time,I used to trade stocks,
with results like a roller coastercame about.

I then moved the trading ground to FX as is,
and began to accumulate profits in FX
as a result,
and I restarted stock trading again,accelerating the pace of profit accumulation
to speed things up.

In FX,both discretionary and automatic tradingare used, but
in stocks,for now I plan to focus mainly on automationfor trading.
(Even in FX discretionary trading,FXMZapplied to stocksis what I intend to do)


I would like to share the knowledge, information, and experiences I have gained in the meantime.


If you don’t mind, please stay with me for a while.

＜Selection of Brokerage and Tools＞
To trade stocks, you need to open an account with a brokerage.
And that
selection is importantindeed.
（However, there is no single absolute conclusion that fits everyone）

In the case of FX, if we assume MT4 as a premise,
・Narrow spreads/quote reliability
・Status of swap provision
（smaller swap points for long vs short, etc.）
・Deposits/withdrawals are processed reliably and quickly
,these are the main criteria.

Furthermoreover,
・Account opening campaigns
(you can receive EA software that is sold)
・Provision of proprietary tools/indicators
also become criteria.

Now,
what are the criteria for choosing brokerage/tools to trade stocks
that would apply…

Here I present, as a personal view based on what I have investigated and experienced so far.


1. A single tool that supports both automatic and discretionary trading
FXis primarilyMT4's representativerole.
It offers a wide range of indicators and high freedom,
which is a merit,discretionary traders also analyze using MT4.


2. Wide range of tradable/monitorable assets
FXspeaks ofthe number of currency pairs available for trading.In FX, the number of currency pairs varies greatly by broker.



Among brokers that meet the two criteria above,there is only one: TradeStation.

In FX,MT4 is overwhelmingly mainstream, but there are also JForex, cTrader
and so on.

In stocks, as far as I know,domestically, the two criteria are met only byTradeStation (TradeStation) itself.


TradeStation meets the above criteria as follows:

1. It is the only major domestic online brokerage that supports program trading with its own standalone tool
( Domestic major online brokerages include SBI Securities, Kabu.com Securities, Matsui Securities
, Rakuten Securities, Monex Securities)
Using its dedicated programming language“EasyLanguage”,you cancustomize
・analysis indicators
・buy/sell signals
・automatic trading
is possible.

The base for program trading,strategy,is built-in with over 100 types or more
, so you can backtest strategies without having to write your own program.


This is,important, right?
By running backtests on strategies that could be used as trading rules,
you can confirm the potential of those rules in numbers
with numeric results.

And if you combine strategies and backtest them,
in some cases you can perform backtesting of trading rules,
which serves as a reference for real trading.

And if you want to develop even more advanced trading rules,
or actually automate trading,you would use EasyLanguageto do so.


Of course, even without doing such things,you can purchase ready-made
strategiesthat have potentialandautomate trading as an option.


2. Rich number of tradable/monitorable assets
The assets handled are as follows.
For details, please check TradeStation's website.

・Domestic stocks
TSE First Section, Second Section
Nagoya Stock Exchange First Section, Second Section
Fukuoka Stock Exchange
Sapporo Securities Exchange
・Listed ETFs
ETFs (Exchange-Traded Funds)
REITs (Real Estate Investment Trusts)
Venture funds
・Index-linked Securities
ETN (Index-linked Securities in JDR format)
・New stock subscription warrants
Listed on domestic exchanges

For margin trading, the following are tradable.
・Tokyo Stock Exchange
・Nagoya Stock Exchange
・Index-linked securities
・Listed ETFs
※Each has rules for system margin trading (half-year term) and general margin trading (unlimited).


AndU.S. stocks can also be traded as well, but this is handled under Monex Securities'
foreign stock trading - U.S. stocks category.
That said, the tool used is still TradeStation.
This area too,I would like to verify by actually using it.
I am curious whether there would be any inconvenience trading both Japanese and U.S. stocks.
So, after contacting support by email, I received the following response.

As explained later, you actually need to download and install TradeStation separately for U.S. stocks.Strangely, the versions differ.

The instrument board (Radar Screen) can register up to 2,000 instruments in one window.

Registration is unlimited!!
Indicators (technical indicators) exceed 200 typesare available, which is excellent.
(However, whether it is 100 or 200 is unclear, so I will verify with my own eyes)



And, alerts can be set on all indicators,
which helps not miss price movements.
Voice
Popup display
Email
will notify you, so you can prevent missing trading opportunities.
This is expected to be useful.

How was it?
This time,“Why TradeStation?”,
and I introduced the features of TradeStation.

In the next installments,
Account opening methods
TradeStation download/installation methods, operation methods
Strategy backtesting execution methods/results
Strategy verification
Trading with automatic buying and selling
will be introduced.

Also, since opening an account can take some time,
as the saying goes, the best day is the day you act
so if you feel like opening an account, do it right away to keep things smooth afterward.

‘Stable income with FX automated trading’ blogwill also introduce the progress of stock trading using TradeStation.

Thank you very much for reading to the end.

I’d be glad if you continue reading in the future as well.