At our website, we are going to be be discussing more and more about getting started, so as to make sure were all on board and caught up to all of the different levels everyone is at. When I started trading 25 years ago, the hardware was the big thing, and there were completely separate computers set up specifically for traders. CQG was a big provider back then, and all of the hardware, software, and support were included in the exorbitant monthly fees. And I didn’t even use the darn thing during the trading day, as we were on the trading floor. My how things have changed. The hardware now is completely affordable and accessible, just a standard computer is fine. Now it’s the software which is the important thing, which is also extremely affordable, often it’s free.
About traderscott 1146 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.
Hi Scott, thanks for the nice overview. You mentioned the necessity for two monitors. What would you typically be showing on each monitor? One a chart and the other a trade execution page? Thanks, Dave
Hi Dave. It’s a pretty good idea to think in terms of using watchlists with the symbols which you’re interested in and then have a chart also, and do that on each monitor. I did a quick video about it – click here.
Perfect, the multi monitor video was very helpful, thank you!