When you start trading, you need to go into it like you would if you were getting ready to start a business.
Too often, I see new ‘traders’ who open their account and before ever mapping out any goals, a strategy, a trading plan, or anything, they’re already putting money into the markets…
…and for me, this isn’t trading, this is gambling.
So in this article, I’m going to walk you through how you can start your own successful trading business.
So let’s dive in!
Starting A Trading Business: Step 1 — Charting Software
1. First, as a technical trader (like me) you MUST have good charting software. Charting software is your window into the world of stocks. As a technical trader, we rely on charts and indicators to find high-probability setups. Charting software with good indicators is an essential first step in your path to being a successful trader.
I personally use (and highly recommend) TradingView. It is a paid service and for what I do, I use the Pro Version which currently costs $14.95 per month but it is well worth it.
Remember, starting your own successful trading business requires a modest investment into the ‘infrastructure’ of your business. You can…
