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Old 04-29-2008, 11:38 PM
smwinc smwinc is offline
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Re: How to Be a Good Trader?

I think it's best to take a top down approach.

1) get some charting software & a good trading simulator. E.g. Ensign & Bracket Trader plugin. Low costs. Total costs = 49.95/month.

2) Just study and watch the market. Write down the things you don't understand & lose money from, and research them.

I've seen plenty of new traders come into the office, given a 2 week "101 of what markets are", and then just study price action on the sim, before making money.

We buy software/books because we underestimate our own ability to figure it out.

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