Recommended

I am not always impressed by what most vendors have to offer not to mention the price they slap on their products. Nevertheless, there are some exceptions to this rule. This is the page where I talk about such exceptions. They will fall into two categories, at least to begin with: Trading strategies and Trading software.

This page was in part created in response to a number of questions I have received from the members of my Yahoo.com group.

  Trading strategies

Bird Watching in Lion Country
This is probably the best e-book dedicated to trading that you can possibly find on the Internet. While it focuses on trading Forex, its lessons and ideas can also be easily applied to trading other financial instruments such as stocks or futures. Anyone thinking about trading, should give this fine piece of work a serious consideration.

 

Bird Watching in Lion Country 

While this e-book is dedicated specifically to trading the Forex market, it is one of the best ebooks on trading that I have ever read and because of that I strongly recommend it to anyone starting their career in trading. This is a painfully honest book and as such it can well serve as an excellent  introduction to trading, no matter the financial instrument you intend to trade.  MORE

How to Trade the Futures Market
This is a very good introduction to trading futures that covers also e-mini futures markets, written by an accomplished futures trader. Highly recommended as an excellent primer for those considering trading these markets.

 

How to Trade the Futures Market 

If you are new to trading e-minis, I really strongly recommend that you check out this ebook. Even though it was first published in 2002, it is still, in my opinion, the best introduction to the futures markets you can find on the web and it deals with trading e-mini futures as well. This e-book is a must have for anyone seriously considering trading futures.  MORE

  Trading software

NinjaTrader
The charting package and excellent trading platform widely popular among day traders, one of the first trading platforms I have ever used for day trading e-mini futures. Now in its seventh edition and more powerful than ever. It is totally free for charting and analysis as well as for simulated trading. It is very useful for developing custom indicators with its own specialized scripting language. I cannot recommend it highly enough.

Sierra Chart
Another great charting software for traders. It's very inexpensive, offers enough indicators and lets you arrange charts in a much more flexible manner than some other packages of the same kind which makes it particularly suitable for day trading. The support is very good and the community of users has one remarkable Kiwi and a few growing C++ programmers that can help you implement indicators in addition to those in the standard package.

Quotetracker
It is very hard to beat the price of this software as it is free although it comes with ads. The no-ads version is very affordable though. I like it and I use it for trading stocks whenever I feel like trading them. The support is excellent.

Amibroker
This is a comprehensive package for technical analysis designed by a very competent programmer. The developer support is outstanding as is the vibrant Yahoo support group. Considering the price and the software capabilities it is very hard to find something even close to it on the market. I own an older version of the software although I practically do not use it these days, but plan to return to it in future to develop my emini systems for automated trading.

Bracket Trader
This is already a legendary piece of software, the first front-end for the Interactive Brokers TWS that has made the life of so many traders so much easier. The free version of the software allows you to trade ES, but you can get the registered version forever for only $100 with which you can trade many other markets. This is an excellent deal.

ZeroLine Trader
This is a very good and intelligently designed piece of software that serves as a front-end for the Interactive Brokers TWS. The simulator is free and the commercial version of the software is only $89 a year which makes it very competitive. The software is very well supported by a responsive and flexible developer.