Overkill0

Overkill

The key to success is spending most of your trading time analyzing a few markets

very thoroughly and minimizing distractions that force you to change focus

too often. Keep it simple.

Overkill0

FIGURE 8.4 Charting Services.

, maker of IntelliCharts, has a superior charting

service. It is integrated or can be integrated into some broker/dealer

trading platforms.

I have seen trade stations for individual traders with up to fifteen monitors!

That is overkill. I simply don’t think an inexperienced trader can follow so

many markets, charts and indicators—and make a rational decision about a

trade. Frequently shifting from one market to another is not good. Two monitors

should do; one for your broker-dealer platform, another for charts and indicators.

You may wish to keep your primary markets on the monitor with

your trading platform. Use the second monitor to host charts of your secondary

and tertiary markets. If you do need ultra-high power and multiple

monitors, check out: www.alienware.com and www.tradingcomputers.com.

Do not forget a backup power supply and a backup internet connection.

Tip—do not skimp on either the quality of your monitor(s) or graphics

card. When you get rich from trading and retire to Hawaii you will want to

save your eyesight for the sunsets.

Source: FXtrek IntelliChart