Key Trading Resources
Internet is loaded with great information, bad information and some information overkill. You could spend weeks going to every commercial site.
Here are just a few sites that we believe provide some information that might be useful to apply your strategy. There are obviously many forums, chat rooms, articles, etc., that you can continue, but be careful that it does not change eventually, as you trade (if already successfully), or that you do not result devoting too much time chasing information overkill.
Frankly, all you really need these components:
1.Your Strategy / Kurs / System Website
Ideally, you decided to focus on an approach that’s going to come to your in different market conditions, the timing and market. You will find it, and then put in the time being, and you will be able to define for a long time.
2.Your Broker Site
Nothing too exotic here. Your broker tend to have good resources, and, of course, you need to go there for maintaining accounts, downloading or at the entrance to the trading platforms, as well as for the withdrawal of (hopefully profit!) And deposits (made more returns), so e.
3.Your Trading Platform
Now it may be something your broker offers, or you can subscribe to a third party maps and quote provider. There are many ways to go here, but you want to make sure your chosen platform top notches. This is not a place to cut corners.
4.An Economic Calendar
Whether you day trade, or the height of trade, you should know what news events may be affecting your trading. There are many on the Internet - http://www.Forexfactory.com is my favorite its structure and the ability to see the last few days and weeks if you want to go back tests.
5.Trading Books
It might be useful to consider some continuing education, leave the line. Reading a book on trade ties can add to your body of knowledge and efficiency trader. Several all time favorites include:
Trading in the Zone - Mark Douglas
Trading for Life - Alexander Elder
Memories of the Stock Operator - Edwin Lefevre
Bringing Down at the House: The Inside History of Six MIT Students Who took Vegas for millions - Ben Mezrich (You see, once little chance of putting in your favor can be so powerful)
Extraordinary Popular Delusions and the Madness of Crowds - Martin Fridson (to understand the mentality of the crowd that pushes prices up and down)
Market wizards and magicians new market - Jack Schwager
The Amazing Life Jesse Livermore - the world’s greatest stock trader - Richard Smitten
There are many great books. You can always go to Amazon.com and get feedback from others before spending time and money - and again, do not go information overkill. In fact, we tend to suggest you avoid any books that are trying to teach strategies, systems, graphics and so forth. Go to the self, a lot of experience and motivation books in the fields of finance, but as soon as you have a strategy that works for you, not muddle it with thousands of other approaches.
This is really it. Too many in the end, using every hour of morning trade between them and all the web sites, strategies, systems, market analysis fodder, the latest news, and so on. This is not necessary. Remember, we do spend the least amount of time can be most successful.