Today, however, the technology that was once reserved for the exchanges and institutional traders is available to retail traders: faster computers, high-speed Internet, all-electronic markets and direct-access trading have all helped the independent retail trader. Additional advancements such as trade automation, innovative market research tools and sophisticated testing platforms give traders even more technology to work with.
To get started trading, you will need a computer, a high-speed Internet connection and trading software:
A computer is your primary tool. This is where the action takes place and where you will research, test and trade your plan. In a perfect world, your trading computer would be used for one thing: trading. The reality, however, is that most computers will have various applications running and be used for things like gaming and Internet surfing.