5 Essential Tools All Serious Traders Need

When trading you have to have the tools that will let you succeed. Without them you are doomed to repeat failure until you are both discouraged and, more importantly, broke. These five tools are amongst the top used and most successful items that traders utilize every day. Learn them, live them, love them, starting today!

Key Takeaways:

  • The first tool a trader needs is a trading platform and charts.
  • I recommend an Ultra-book because they are very portable and have a long battery life, this is a must if you want to live the coffee shop trader’s life
  • The next tool you need is a trading journal and spreadsheet to track your trading performance.

“”Make no mistake about it, you are going into ‘combat’ each day when you look for trades in the market, and you NEED to be prepared””