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 TOOLS of the TRADE

"Everything  should be made as simple as possible, but not simpler." Albert Einstein

This section of the website is a resource for trading systems, software and trading computers from individuals that I personally know and recommend. I use these tools myself in my own trading. You will even find some trading mentors and coaches who approach coaching differently than I do. They might be a better fit. Please take the time to check these folks out.

 Kenneth Reid, Ph.D

 

Hawkeye Traders: Nigel Hawkes has developed a set of sophisticated indicators to trade indices, commodites and forex that you should check out. (Read more)

Trader Interviews: Tim Bourquin has a spectacular archive of several hundred recorded interviews with profitable traders that he adds to every two weeks. (Read more)

EOT Pro: Bill and Glen provide a specialized Neural Net Indicator and a live trading room. These guys are on the cutting edge. (Read more)

Simon Jousef. Simon trades the euro futures with a system based on the Market Delta Footprint software. Learn the art of tape reading from a master. (Read more)

EZ Breakouts / EZ Trading Computers: My friend Eddie Z. trades stocks using a combination of technicals and fundamentals. He also sells amazing discount trading computers. (Read more)

Trading Alchemy: The most comprehensive set of indicators in the trading universe. (Read more)

Jurik Research: Mark Jurik is a mathematician who has developed beautiful no-lag indicators. (Read more)

NinjaTrader: NinjaTrader is my recommended platform. (Read more)

Hawkeye Traders: Nigel Hawkes, founder of Hawkeye Traders, began trading the stock market in 1986. His tools? Only graph paper and a calculator! His extensive study of price action, momentum and volume spread analysis (VSA) led to a suite of proprietary trend-following indicators to trade indices, currencies and commodities. In terms of ease of use, Hawkeye stands head and shoulders above other VSA companies. Nigel also offers a sophisticated indicator to trade Forex.  Find out more.

Trader Interviews: Tim Bourquin knows more profitable traders on a first name basis than any other person I know. Tim began interviewing traders in 2006 and has a growing archive of valuable material that aspiring traders can mine for both technical and psychological gems. Find out more.

EOT Pro: Glen has been building trend-following indicators and trading systems since the 1980s. Glen and his partner BIll have developed a backtested neural net indicator that will tell you in real time the precise probability of success of every trading signal.They also have a specialized volume indicator that tells you whether "smart money" or "dumb money" is active in the market. Find out more.

 

I recommend the NinjaTrader platform for all traders. NinjaTrader is a young, pro-trader, user-friendly company that offers its highly sophisticated platform for free. (If you want to trade live through NinjaTrader, you do pay a fee.) NinjaTrader has actively cultivated a valuable community of traders, programmers, and other service providers. There are literally hundreds of free NinjaTrader indicators available on the NinjaTrader Forums. Their new market data service, Kinetick, is super-fast and unflitered. Click for NinjaTrader; and for Kinetick.

Simon Jousef. Simon Jousef is a currency futures trader living in Canada who mentors traders in his tape reading method based on Market Delta's Footprint software. This software, which comes free with the Open e-Cry platform, lets you see the buy-sell pressure inside the bars. Simon is an excellent teacher and trades his real money account live in his trading room. He recently hosted a webinar I gave on Adult ADD and trading. Simon is 100% committed to helping his students get profitable. Check out his videos here. For his main site, click here.

EZBreakouts.com/ EZTradingcomputers.com
If you trade stocks, you have to visit my friend Eddie Z. at EZBreakouts.com. Eddie Z. comes from a trading dynasty in New York and literally grew up on a trading floor. He is a private money manager and a trader.  Eddie has developed a simple trading method that gives him 5-10 trading candidates per day, both long and short. He uses this method to trade for his managed accounts and for his own account. Eddie Z. is willing to share this list with you each morning for a very nominal fee. Plus you get a free e-book that describes his method, so you could actually do it yourself, if you so choose.

Eddie's real passion, however, is selling superb trading computers at prices you will not believe! Eddie Z. is a person of enormous integrity, which is rare in this business, and a successful, methodical trader. I highly recommend him. Check out his customized trading computers here.

Trading Alchemy: Trading Alchemy, founded by Joe Jogerst in 2001, offers 18 mb of trading indicators and strategies developed for TradeStation. Joe is a seasoned trader with years of experience in programming and software development. If you use Tradestation, Joe is your go-to guy. Many of the most sophisticated proprietary indicators offered by popular trading outfits were developed by Joe. If you want to automate, he is the best.  If you can think it up, Joe can build it; and probably already has!