Forex Trading Essentials
- TailoredTrader.Com
- Mar 5, 2017
- 1 min read
Meet Cassius... "Cash" as we call him in the office.. He is the boss who makes the tough decisions.. In a world full of Bulls and Bears - there needs to be a top Dog/Wolf keeping it real and profitable in this business.. Emotionless - instinct to hunt, prey, survive and eat.
Traders should have the proper tools to be part of the online trading industry. Make sure you have the following before continuing to trade
A fast PC – A PC no more than 2 years old should have sufficient specs to keep up with the industry standard software. Mac’s are unfavorable in the trading business.
Charting Software (most online brokers provide charting but there are paid for charting services)
Multiple Monitor Setup (Recommended Not Required)
High Speed Internet connection (Real Important, do not attempt to trade without it. )
Trade Execution Software (most charting packages can execute trades now, do your research!)
Trading capital (Capital that will not effect your lifestyle if lost "TRADING CAPITAL")
Broker Account (We use Oanda in our live trading room, do your research on the broker we are not affiliated)
Honorable Mentions: Smartphone, Tablet, Laptop (On the go trading)
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