My name is Dave. I am a coder by day and trader by night. On this site, I share my experience Trading Forex, Precious Metals, Crypto Currencies, and CFDs on Stocks, Indices and Commodities.
Table of Contents
- Read My Trading Plan
- Get Free charting software from Tradingview
- Learn My Way of Trading
- Practice Your Trading Skills
- About My Charts
Read My Trading Plan
Every trader needs a plan. Plan your trades and trade your plan! My Trading Plan can be found here. I hope it will show you that I actually trade according to a plan and that luck is a minimal factor in my trading.
Learn my trading setups as well.
Get Free charting software from Tradingview
I use Tradingview to do all my chart analyses. I also use it to test new strategies by backtesting them and by forward testing them using the paper trading feature.
Learn My Way of Trading
Becoming a trader is a process. And although some people have a natural ability to be successful in trading, most others do not have this.
I believe anyone can learn to trade the markets.
I have spent many years studying the markets, reading books on trading, doing backtests, and of course, trading itself. Finally, I am at the level that I make more money than I lose. So I feel confident I can share with you what I know on the subject.
Go Through My Free Trading Course
I have written a series of posts as a Free Trading Course: Getting started trading. It will help you get started trading the way I do. I highly suggest you go through the articles in order. The first post can be found here.
Practice Your Trading Skills
After reading my series of ‘Learn To Trade’ articles, you are ready to practice what you have learned so far.
You can open an account at a broker and start practicing on a free demo account. Alternatively, you can fund a real account and practice trading very small position sizes. This is actually better, as with real money on the line, however small amounts, you will be able to practice the mental aspects of trading as well as the technical aspects.
About My Charts
I use charting that is independent of the platform I execute trades on. I use Tradingview for my chart analyses. As an alternative, you can also use platforms like Investing.com, Metatrader, or CTrader. However, to use these last two platforms you will at least need to open a demo account at a broker that offers the platform and the usage of these demo accounts is often limited in time.
I recommend both Investing.com as well as Tradingview, because:
- Both are free to get started.
- Both are independent resources.
- Both offer charting, news, economic calendars, screeners, trading ideas, a trading community, all in one place.
- Both offer tools on a wide variety of instruments, like stocks, forex, bonds, ETFs, mutual funds, commodities, precious metals, and cryptocurrencies.
- Tradingview even offers a replay function that will let you backtest your strategies.
In one word: both are excellent in my opinion.
I have outlined some of the most useful resources I use for trading and investing myself. I hope it is helpful. Links on this site can be affiliate links. If you use them to open an account or buy something, then I might receive a commission. This is at no additional cost to you. If you have any questions about these resources or the site itself feel free to get in contact with me.