I got two versions of it so the 2 and the 3. The first thing I got was ForexTester and that worked fine.
#Thinktrader backtesting software software#
I spent probably close to $1,000 in backtesting software and things. The second item in my list of the best Forex trading tools is a good backtesting software. So, that's the very first thing and that's not costing that much. Well, that's where you want to have a notebook to write things down and be sure that you will follow up on what you think about and what you come across. You could be hearing a podcast one thing and you have this cool strategy idea, but then you don't capture it and you forget like most people. Make sure to get the things you come across in, and the ideas you have also in for strategies. I have this brand here ( Leuchtturm), but in any case, just get a good notebook where you can write in and track and make sure to get your lessons in. I recommend you invest in a good notebook. And then it's really easy to correct and to tweak what you've done when you've kept track of everything in your notebook. And that gives you a really good clue of how you're improving and if you happen to have a coach leader in trading showing him or her your notebook and he's gonna know, or she's gonna know exactly what you've been working on and what result you got and what didn't work. A notebook is really helpful because you can kind of track what you've done and what you've been working on. If you don't have a notebook right now with you and you cannot track how you perform and what progress you've made and what lessons you've got, what you tried that worked, that didn't work, then you're missing out on a big thing. So, the very first thing is I always have this with me, a notebook. This list of best Forex trading tools is only what I've seen the best results with. They really helped me become better and don't forget that can be the same for you.
The tools I'll share are the ones that I've seen the best results with. What gives you money? What gives you better results and what doesn't? And then cut what doesn't and only spend money on things that will give you results and that will help you become better. You gotta figure out what you spend money on because that's gonna be an investment like a business. I would need to buy some, software, some programs and things to become better.Īnd then I went through that phase where I was just spending on things that I wanted to get and most of them really helped, but I kind of realized that not everything will help a lot.
#Thinktrader backtesting software for free#
So when I first started to trade in 2013, I thought that I didn't need any tools, that I could be able to do it all, everything for free and not spending any money on tools or software to help become better.Īnd I started to realize that if I want to get the results I wanted to get, which meant going faster to reach my goals I would need to invest in some things. If you're looking for things to growing things faster and get results faster, these I really believe are gonna help. Things that I think will make a big difference for you and I wanna share those right now. Today I want to share with you the best Forex trading tools. SUBSCRIBE on Youtube for a daily video! Video Transcript Those simply are things I can't go without today! Outline – The 7 Best Forex Trading ToolsĢ) Backtesting software – Soft4Fx is what I preferģ) Favorite chart platform – My favorite is TradingViewĤ) VPS (for algo trader) – I use this AccuWeb Hostingĥ) Trading Journal – My trading journal videoĦ) Notebook stand – Any will do, but I like this oneħ) Sim card – Depends on the country you travel to 🙂 In this video, I share the 7 best Forex trading tools I've used over the years. The 7 Best Forex Trading Tools – For Your Success!Įver wondered what tools are essentials for Forex traders?
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