Trading Tools & Links

Brokers

LMAX - If you are a Forex trader these guys in London are hard to beat. The spread on EUR/USD is often 0.2pips or less, there is no dealing desk and they’ve invested heavily in technology to provide a super fast execution.

They now offer CFD’s on Crude Oil and DAX.

Trade Crude oil at $1 per tick per contract instead of the usual $10 at NYMEX. This allows new traders to improve their crude oil trading skills in a live environment without large stakes. Implementing powerful scaling strategies now becomes feasible.

Tradestation - The charting package I use. Get your charting free by becoming a brokerage client and doing 10RT’s per month

Tradestation Time & Sales Tool - Groups large trades back into more meaningful orders. A nice tape reading tool.

“Solidus Big Trade Time & Sales”

CME Globex broadcasts trades in the smallest size; for example, if a 1000-lot buy is filled with 1000 one-lot sells, 1000 one-lots are reported. This indicator uses Streaming Data Optimization to compress small trades at the same price/time into blocks, more accurately representing market activity.

(Thanks to Solidus for making this freely available)

Tools

Traders Audio – Hear what’s happening in the S&P trading floor. See how I use pit audio here

High Performance Global - Become a more disciplined and focused trader. High performance global is headed by Steve Ward, a well respected and renowned trading psychology expert. Steve regularly works with prop traders, fund managers and investment banks so knows what’s needed to stay at the top of your game.

Yale Game Theory Lectures - This course is an introduction to game theory and strategic thinking.