| The computer revolution triggered dynamic changes in the mechanics of the investment markets. We now have electronic markets in stocks,
Forex and futures. This exciting transformation is truly a revolution for small private traders as the playing field has been leveled. The internet and high speed personal computers have brought down the age old barriers constructed by the Wall Street insiders. All news is transmitted instantly to anyone with an internet connection. More importantly, traders get instant quotes on the bid/ask and price second by second all day long. Traders can execute an order and receive a fill in seconds. POINT AND CLICK and you're filled instantly. "This ain't your Daddy's stock market anymore." The rules of the game have changed and so has the caliber of the players. More than ever before ... it's all about timing.
The risks in trading are
substantial and 70% of small traders that attempt to trade for a living
end up suffering a serious financial loss. This is not a part
time hobby. If you are serous about this business and wish to succeed as
a full time trader you need the proper equipment.
IN ORDER TO COMPETE YOU NEED THE PROPER TOOLS
Outfit yourself with a computer that has enough horsepower to do the job properly.
- 2.1GHz (or greater) processor.
- 512MB DDR PC2100 SDRAM.
- 40GB Hard Drive 7200RPM
- 16MB Graphics card
- Windows XP
Don't scrimp on the tools you'll need. Treat this like a business and you'll succeed. Dell, Compaq and many others now offer incredibly powerful hardware for under $1,000.00.
We urge you to use at least two video monitors. A single monitor
laptop will not cut it.
DATA FEED
In order to get instantaneous market quotes you'll need to subscribe to a data vendor.
eSignal provides a basic data feed for other charting applications in
addition to their premier Advanced Charting platform which we use for our Kwik*POP
plug in indicators. (For a
free 30 day trial on eSignals Advanced Charting Platform contact Scott Wilkes at
800-322-1819 and tell him you want the Kwik*POP discount)
TradeStation provides
a superior charting program in addition to their own data feed for TradeStation
8.01 or greater.
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