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hangus
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Everything posted by hangus
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Try lightspeed broker , almost as good as interactive broker
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Free Software ( Trading / Charting / Analysis )
hangus replied to Tams's topic in Tools of the Trade
forexpros This website provides free real-time futures and currency charts. -
babypips is a very good website. It has a technical analysis learning section and an extensive forum discussing mainly foreign exchange trading. Good Luck !
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The Universal Principles of Successful Trading by Brent Penfold I love this book. Although it doesn't teach you about specific entry and exit methodology , it does teach you essential knowledge on expectancy, financial ruin , psychology and money management. I love the money management part. Definitely a must-read.
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What Every Beginner Should Learn and Implement.....
hangus replied to 10stepdaytrader's topic in Beginners Forum
Fear is a very bad emotion in trading . First , you are afraid to enter trades and you will miss out on some profitable trades . Second , You will take your profit quickly , unable to the ride the trend, your average win will not cover your average loss, creating negative expectancy. Third, you are easily scared out in a trade , taking small losses unnecessarily , adding up to a big loss.