Tips for a begining day trader

xaintly

Newbie
Messages
4
Likes
0
Hello everyone,

I've studied a lot about day trading and I'm about to really commence day trading.
I would love to receive general tips on how to accelerate my learning curve.

Also, I have some specific questions:

Please, does anyone know links to sites where I can obtain:
- templates of trader's journal, dairy, evaluation forms or sheet etc.
- free historic data (yearly, monthly, weekly, hourly) for equities, futures and other markets
- free real time market data (NOT delayed)
- free important market data (eg GDP growth, unemployment rate, VIX, open interest, 52 weekly highs/low) all available at the same website
- free open source software that can be used or adapted in analyzing the financial markets.

I realize I may seem ridiculous wanting to have everything free but every penny I save is a penny I can use as capital for trading.

Thank you
 
Metatrader 4 is free real time , google it and get it for free. forexfactory has an economic calendar with GDP etc.
 
Hello everyone,

I've studied a lot about day trading and I'm about to really commence day trading.
I would love to receive general tips on how to accelerate my learning curve.

Also, I have some specific questions:

Please, does anyone know links to sites where I can obtain:
- templates of trader's journal, dairy, evaluation forms or sheet etc.
- free historic data (yearly, monthly, weekly, hourly) for equities, futures and other markets
- free real time market data (NOT delayed)
- free important market data (eg GDP growth, unemployment rate, VIX, open interest, 52 weekly highs/low) all available at the same website
- free open source software that can be used or adapted in analyzing the financial markets.

I realize I may seem ridiculous wanting to have everything free but every penny I save is a penny I can use as capital for trading.

Thank you

Blimey, that's some shopping list, and yep you can have it all for free. Just do some digging. Tell ya what, why not find it all and post your results up here in a "look what's available for free" post? :)
 
Take a look at this blog: He posts daily lessons, with charts and explanations. You should be able to pick up some good info there.
 
Last edited by a moderator:
For me the best tip I can give is to trade with money you can afford to lose, there is enough emotions during trading as to add the fact that you depend on it
 
dont know why the link did not show up. The blog is called affriad to trade
 
Top