I'd like to get an idea of what some of your favorite tools are for trading FX. This isn't meant for advertisers to hop on and tell us about their products. This is a question for traders to find out what things are helping you trade. I'll kick it off.
1. ForexTester: I found this nifty tool a while back and use it all the time. You load up historical data and can simulate trading as the historical data gets fed in. Bars get generated as the data comes in, and you can place orders and see how the trade develops in historical "real time". I've been able to test my strategies on a year's worth of data in just a few hours.
2. PsychoCybernetics: It's not a software product, but rather, a book that has significantly impacted my trading psychology. It's a great read.
3. MetaTrader 4: Platforms are a user preference. But, I've found that the ability to create strategies in MetaTrader is crucial to my personal trading. I use this more for creating alerts for my trade setups than auto trading.
4. Sprint PPC 6700: This is an awesome phone. I've been able to put MT4 Mobile on it and love the access to the markets wherever I'm at.
What other tools are out there that are improving your trading?
stockwet
1. ForexTester: I found this nifty tool a while back and use it all the time. You load up historical data and can simulate trading as the historical data gets fed in. Bars get generated as the data comes in, and you can place orders and see how the trade develops in historical "real time". I've been able to test my strategies on a year's worth of data in just a few hours.
2. PsychoCybernetics: It's not a software product, but rather, a book that has significantly impacted my trading psychology. It's a great read.
3. MetaTrader 4: Platforms are a user preference. But, I've found that the ability to create strategies in MetaTrader is crucial to my personal trading. I use this more for creating alerts for my trade setups than auto trading.
4. Sprint PPC 6700: This is an awesome phone. I've been able to put MT4 Mobile on it and love the access to the markets wherever I'm at.
What other tools are out there that are improving your trading?
stockwet