Resources
Useful Resources
The following page lists a number of useful resources for traders and investors.
Forex Online Forums
Forex factory is one of the world’s leading online forums. It is a compendium of forex information, educating traders on trading strategies and various aspects of forex trading. There is a full information resource on the experiences with brokers, trading systems, trading software, signals services and many other paid products in the forex market. Traders can also access the complete economic news calendar for the year, with the option to scroll forward or backward a day at a time or a week/month at a time. It is completely free to join and allows lifetime membership. Learn from other traders’ experiences on Forex Factory.
Babypips Forum – This is the online forum of Babypips, a premier forex education site. Most newbie traders start their “Pipsology” lessons here. On this forum, traders can share trading ideas, trading tips, dicsuss strategies, dissect “holy grail” systems as well as analyze expert advisors. Participants in the forex market can also get to discuss some of the trading systems discussed on the Babypips.com home page. Do you have issues with brokers or forex products and software you have purchased? Talk to other forum members and get some help.
Digital Cash Palace – This is a broad based forex, binary options and online money making forum. If you are looking for a good broker, go to the broker reviews section to get information on the good, the bad and downright ugly experiences trading members on Digital Cash Palace have had with several brokers, then you decide what you want. There is a beginner’s section which dwells on answering the most basic questions about forex or binary options. When you have had your fill, you can step over to the general trading section. Don’t have time to trade for yourself? Then check out the section on PAMM investments.
Forex Signals Services
It is very rare to get authentic forex signals service providers with consistent returns. This list is drawn from those who have better reviews than their peers on FPA.
Forex Lounge – This provider offers an EA, a signals service, an e-book, a video tutorial and a chat-room service. After performance testing by the FPA team, this service was given a 4.5/5 star rating from 65 reviews. Do your due diligence though; that the service looks good does not necessarily mean it will work for you.
Forex Trading Resource Websites
Dukascopy – Participate in various contests (trading contests, article contest and special contests) for a reward of a fully funded live trading account. This is also a loaded forex resource website with training videos and a live chatroom on the Dukascopy Community TV.
Autochartist: How many forex traders have never heard of this tool simply beats the imagination. This tool of technical analysis, which combines recognition of chart patterns, Fibonacci retracement levels and support/resistance formations into one formidable kit, exists as a web-based tool or as an MT4 plug-in. If you do not want to pay the monthly subscription fee, simply sign up with one of the partner brokers, open a live account and trade with the tool for free.
Forex Scam Busting Links
ForexPeaceArmy – This site is the pioneer in the business of busting scam operators in the forex marketplace. Starting from the People’s Court, to its extensive scam investigation and prosecution services which have attracted collaboration from several law enforcement agencies, you can be sure that if you have been scammed by a broker, a service provider, a software vendor or signals service provider, the scam busting generals of ForexPeaceArmy are there to put the heat on the criminals. Considering that the record fines and compensation penalties imposed on FXCM by the Commodities and Futures Trading Commission (CFTC) in 2010 arose from a lot of work done by the FPA in exposing the unethical practices that were unleashed on traders by this broker, this is a service that forex traders need to take advantage of.
Forex Scam Buster – FPA may be an all-purpose site, but these guys at Forex Scam Buster have one business only: expose the criminals who are only in the market to prey on your hard-earned money. There are several categories to choose from, and a look at some of the scams will immediately tell you if you are on the path to getting scammed yourself.
Oil Trading Resources
Oil ‘n’ Gold – Get all the trading resources you need on oil and gold trading here. This is your source for market news, price quotes, market analysis and action sentiment in the crude oil market. Get access to price charts, weekly reviews, technical and fundamental analyses as well as the economic calendar and contract specifications that traders can use to trade crude oil. For beginners, there is a section on technical analysis tutorials. Oil ‘n’ Gold is the perfect place to get information about what’s happening in the energy markets.
Daniels Trading – This is a complete resource on the crude oil and energy markets. You can get a 2-week trial access to the Insider Market Advisory (IMA), the informative newsletter from Daniels Trading. Traders also have free access to the educational futures trading blog. Are you confused about contract specifications in the energy markets? The answers are right here on Daniels Trading.
ETF Trading Resources
Bloomberg Markets – A complete list of exchange traded funds (ETFs) available for trading, listed on a sector-by-sector basis.
Wall Street Journal (online version) – Get a compendium of web resources for the ETF investor.
Interactive Brokers – An international broker for ETF investing. Get a complete list of ETF assets that can be traded by traders worldwide, no matter where you live. You can now trade with a broker that provides global access to ETF trading without any of the geographical restrictions imposed by other brokers.
Scotia iTrade: Trade up to 100 ETFs totally commission free with ScotiaBank, one of the leading ETF brokers.
Binary Options/Conventional Options Trading Resources
Traders’ Laboratory – This is the leading online trading forum for day traders who trade forex, stocks, futures, spread bets and options. The forum covers sections for beginners, intermediate and advanced traders. There are also trading contests to give forum members the opportunity to showcase their skills for the reward of a funded live account with a leading broker.
Binary Options Daily – The world’s most active binary options forum. Get information about everything binary options: broker complaints, software, scams, strategies and profitability techniques, signals and the “tell it like it is” section on real-life trading experiences of trading members.
Money Show: Do you want to invest smarter and trade wiser like the alpha investors and big money players in the options market? Then register for a free account to get access to the best articles, webinars and trading views of the world’s leading financial experts. Some of the best things in the world come for free, but the multitude usually doesn’t have access to them because they are hidden. Now you have access to the best financial education in the options markets with Money Show.
Hamish Raw, BinaryOptions.com – Then No.1 binary options trading and news portal. Hamish Raw is the leading authority in binary options. He as written the seminal book on fixed-odds binary options and has also written a number of advanced trading strategies on his site.
Invezz.com – Invezz is a brand new financial trading portal that offers tutorials, lessons and videos for binary options trading, CFDs, spread betting and more. The site also provides broker reviews and information about regulation. It’s currently under construction but is already a pretty interesting resource.
Stock Trading Resources
Microcap Millionaires – If you are interested in receiving trading signals that demystify the world of penny stocks and turn it into a cash machine for you at a cost of just $49 per month, then consider joining Trader Matt’s global stock trade alert service. Do your due diligence.
INO – A website that provides the most comprehensive global stock trading analysis you can find. Stock trading information is only one of the great things that this site has to offer. If you call yourself a trader and you have never been to ino.com, never place a trade in the market again until you have been there.
Global Guru: Get this free newsletter on tomorrow’s stock market bulls today. Also provides information as to how to get in on the opportunities only the alpha investors get early access to. The smart money always gets in early and leaves in time for the retail money to get slaughtered. Be on the side of the smart money players with the Global Guru newsletter from the hedge fund trader Nicholas Vardy.
RedChip Companies: Your one-stop shop for research on microcap stocks. Helps you discover tomorrow’s blue-chip companies today. These guys can help you find any information that can help you pick profitable stocks before the herd find out.
Gold Investment and Broker Sites
BullionVault.com Analysis: BullionVault.com is one of the UK’s leading gold and silver bullion exchanges, and it is endorsed by the World Gold Council. The analysis section of the website provides leading articles on gold news and investment strategies by leading authors and writers.
GoldPrice.org: This website provides the largest range of live charts and prices for gold and silver bullion. You can also read articles, compare gold broker margins and download the iPhone and Android apps.
Financial News Websites:
FT.com: In depth gold price news and analysis. Premium access for registered users only.