Okay were this is concerned it is important that you get this right as there is loads of stuff out there that you can use with regards to Software. We all need to use software to trade with as that is what gives us the opportunity to see what is going on in the markets. Think of the Software as the Window that we use to see in and from there we make our judgement as to what we are going to do.

Now there are paid for software and free software and each have there pros and cons….

Free Software:

Its free for a reason and the reason is that the technology and charts info is not that good. You cant really do that much with free software but I know of a lot of people that use it because they are at the stage were they are only starting to trade so there is that question in there mind about cost.

Paid for Software:

Its paid for, for a reason and that reason is because you get a lot more for your money that a free Item. For example you get support. Videos to use for help on how to use the software. Strategies that have been tested in the market become available for you to use because you pay for the software.

Now I can go on and on but I think you get the point.

I am a big believer for paid for software and in saying that I use Meta Stock.

Cheers Bruce

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Out of every thing this is the most or one of the most important parts to becoming a trader and making money. With out a PC or Internet connection we as traders cant trade. So all the education in the world would not make us make money with out these 2 Important things. Now I know that this is common sense but I know of a few people that have done this and trust me its not a joke when you have to sit there and see people struggle. Waiting a good 10min before their pc or computer is fully up and running or waiting for a good signal to trade from. Some things like this is what makes a big impact on how far we are going to get in what ever we do. Forex trading needs this to be at a high standard because you don’t want to be in a trade and you loose signal or your PC freezes because it cant handle the charting software. I personally have see this happen.

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