What Do I Need?
You may not need much but some basic tools like the following is the very least necessary.
Device
Do I need a supercomputer?Most likely not. A good reliable laptop is sufficient. You can certainly place your trades using your mobile trading app but you will need a computer for your market analysis. For your investing needs, you may just need to set it up the first time and update it probably annually.
Platform
Which broker platform shall I use?Perhaps this is the most important tool. For more details on how to select a broker or trading platform, visit here.
Capital
How much shall I trade and invest?If you do not have any spare cash, any of this is not for you. The other factors to consider the amount of trading or investing capital will depend on your risk appetite and investment purpose.
Supplementary Tools
Some of you may or may not use them but it mostly depends on each individual’s experience and preference.
