Welcome to the Desire To TRADE Forex Trading Resources section, a curated list of the tools, software, and websites I strongly recommend for developing Forex trading skills and making the trading process easier.
I have tested every recommendation on this page. Many of the resources listed here are crucial to my trading.
Before digging into the awesome resources I know and trust an important disclosure:
Some of the links below are affiliate links, which means that if you choose to make a purchase, I will earn a commission. This commission comes at no additional cost to you. Please understand that I have experience with all of these companies, and I recommend them because they are helpful and useful, not because of the small commissions I make if you decide to buy something. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
Free Forex Trading Resources To Get You Started!
This is the checklist I use in order to trade on a daily basis. It is based on a price action and the checklist contains every single criterion I check before entering a trade. That's the perfect tool to quick start your trading. And the best part…it's free!
The template I created to drastically simplify your trading plan on a single sheet of paper! It's the most downloaded resource on this blog.
This special report contains the most important insights I got about trading psychology. Understanding those is almost guaranteed to make you a better trader. Unfortunately, a lot of traders won't go to read this stuff, but those who do will stand out from the crowd.
5 Exclusive Interviews That Will Help You Trade Forex For A Living
If you are looking to kick-start your learning through the Desire To Trade Podcast, this is a very useful resource. I've selected the top 5 interviews that will have the biggest impact on your trading results. Make sure you listen to them carefully!
This is a group where I help traders succeed and achieve their goals by providing exclusive content every single day. It is an excellent opportunity to meet other traders and a much faster way to reach your goals. Join now!
Paid Resources To Develop Your Skills & Increase Freedom!
Introduction To Forex Trading: Developing Your Own Trading Strategy – If you want to go further in Forex trading, you must understand how the market works and how you can make money from it. This eBook has been written precisely for that. It will equip you with knowledge on trading techniques, strategies, psychology, and a step-by-step guide to create your own trading strategy for maximum profit.
Picking The Right Broker
Forest Park FX is a Forex introducing broker that offers rebates when you sign up for a broker. They carefully select the brokers to promote. You can learn more from my interview with the founders.
I've been partnering with AxiTrader after my visit to their Sydney office. If you open a live account using this link and deposit at least US $1,000, you'll get a 30% trading credit. You can use that money to trade. This comes at no additional costs.
Forex Trading Platforms & Softwares That Help!
Forex Tester 3 is a software that allows traders to test their trading strategies. Strategies can either be backtested manually or automatically through a script. Overall, Forex Tester 3 is very similar to MetaTrader and can be the perfect tool to build up confidence as a new or struggling trader. Read the full review!
The platform I use to trade as it is supported by my broker. It's very functional although I prefer to use TradingView for my charts. You can open a demo account and start trading Forex today.
By far my favorite charting platform because I can use it on all my devices and it only requires a web browser. The drawing features are impressive and the free version is perfect for most Forex/stock/futures traders.
This is a site I open every single weekday to check upcoming news releases. News updates aren't so much in real time, but it's still one of those “must-consult” sites.
The Books I Recommend You Read
I decided to keep a list of the trading and non-trading related books I read. I included only the books I benefited from so you can benefit from those yourself. The list is constantly updated.
Trading & Traveling (The True Freedom)!
See also The 8 Essential Forex Trading Resources To Trade & Travel.
Whenever I want to go around, I pretty much always use Uber. In Vietnam, I can ride often for about $2 for a few kilometers. It's just really convenient!
That's the website I use most of the time to find hotels and hostels around the globe. That's usually where I find very good deals, but be sure to check the reviews :) On a side note, you'll get a $20 bonus by using this link!
The Perfect Trading Journal Today!
Edgewonk is a trading journal software developed by my friend Moritz Czubatinski. It simplifies the process of filling in and analyzing your trading journal. Check out my video with Moritz! (you'll find a coupon code in the description)
Evernote is an online note-taking application that is free of charge. You can take notes and even upload a picture of hand-written text that will be recognized and shown to you when you need them. Sign up for free!
It allows you to see all the important data about your trades. You connect it to your trading account and have access to a lot of features to track your most relevant stats. It's free!
Among my trading journal resources, this is probably the most important one. I have a paper notebook on my desk while I trade to take note and track how I feel. Moleskine is a great choice!
