• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trading Heroes

Trading Heroes

Forex Trading Education

  • Articles
  • Products
  • About
  • Login

Chapter 10: The Best Forex Trading Tools

These are the best trading tools that I recommend. Also get the process for starting as a Forex trader.

Congratulations! You now know the basics of Forex trading.

Now that you're no longer a complete beginner, it's time for you to choose your tools and get to work.

Before I get into the tools, I would suggest doing things in this order: 

  1. Setup a demo account at a broker that you will eventually trade live with. Place some trades at that broker. This will give you practice with using their platform and executing trades.
  2. Get educated. Learn from books, forums or online courses. Choose a couple of trading strategies that you think will work for you.
  3. Test those strategies in backtesting and demo trading. Never risk real money until you have had proven success in testing first.
  4. Once you are able to demonstrate consistent results with testing, only then should you open a live account and start trading with real money.

Now that you know the process, here are the best products that I recommend in each category.

Happy Trader

To continue learning more, visit the blog.

Primary Sidebar

Trading Guides

The Ultimate Beginner’s Guide to Forex Backtesting

How to Figure Out Your Trader Personality Profile

The Forward Testing Guide for Beginners

How to Create a Precise Trading Plan (with PDF worksheet)

Learn the weird trading method that doesn't use stop losses...

Forex Hedging Guide
FREE Guide
Download Now

Footer

Company

  • Trading Courses and Education
  • Trading Blog
  • About
  • Contact
  • Beware of Imposters

Community

  • YouTube
  • Twitter
  • Instagram
  • Facebook

Tutorials & Guides

  • Best Trading Resources
  • Free Forex Trading Course for Beginners
  • Free Backtesting Guide for Beginners
  • Trader Personality Profile
  • Best Trading Books

Articles

  • Backtesting
  • Podcast
  • Trader Life
  • Trading Psychology
  • Trading Software Tutorials
  • Trading Strategies

Trading involves risk and can result in the loss of your investment. Invest at your own risk. Past performance does not guarantee future results. All information on this site is for informational purposes only and is not trading, investment, tax or health advice. The reader bears responsibility for his/her own investment research and decisions. Seek the advice of a qualified finance professional before making any investment and do your own research to understand all risks before investing or trading. TrueLiving Media LLC and Hugh Kimura accept no liability whatsoever for any direct or consequential loss arising from any use of this information. You are 100% responsible for your losses...and gains. You are more powerful than you know, keep expanding.

 

Copyright © 2007–2023 TrueLiving Media LLC | Terms | Privacy | Risk

Learn Zen8 Forex Hedging

Hedging can be a low-stress and consistent way to trade. Enter your email and I'll send you the FREE guide. 

x