Trader – I like this 1987 documentary about Paul Tudor Jones, because it shows him trading over the telephone at the open outcry markets. It is very interesting to see his enthusiasm. This video can be found on vimeo.com.
Music:
The Whipsaw Song by Ed Seykota. This song tells you everything you need to know about trading, and can be found on YouTube.com.
Computers:
When trading from Germany and the Dominican Republic, I use the Lenovo ThinkPad, a docking station to connect two or more Asus monitors. Because of its service and
reliability, I’ve been using ThinkPad since the old IBM times. I haven't used a desktop PC because I like the idea of being able to trade from wherever I travel.
In addition to a good charting service (Trade Navigator from Genesis) and a reliable trading software (CQG Integrated Client), I think a trader needs Excel, Open Office, or what I am using, Libre Office, to do bookkeeping on his trades. I keep all my trades on an Excel sheet, which allows me to do calculations about my targets, stops, and whatever else is needed.
Evernote.com(premium subscription could be a gift)
Computer:
I am using an Apple MacBook Pro 15" Retina (the high spec version)for a year now, and will probably never go back to anything else. Running Windows in a Virtual Machine (Parallels) where needed, and it's faster and more reliable than on any Windows computer I have previously had. It's a joy to use, and perfect for trading while traveling.
"Teach our students the truth in trading - teach them how to trade,"
and
"Give them a way to earn while they learn - realizing that it takes time to develop a successful trader."
Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone.
There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be
fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results.
For more information, see the Risk Disclosure Statement for Futures and Options.