Although it might be hard to believe, I only use a single 13″ laptop that has TradeStation for charting and software from another broker for my price action trading setup. A trader does not need any more than this to make money. Just print out a 5 minute chart of any market at the end of the day and you will see many trades. With experience, you might see potential trades on almost every bar on the chart! During 99% of the day, I am looking at a single 5 minute chart, which is usually the Emini, but I also sometimes trade Forex markets, bond futures, crude oil, natural gas, stocks, and options. I sometimes look at 60 minute, daily, weekly, and monthly charts. I have a second laptop that I use for my BrooksPriceAction.com Trading Room and it additionally has thumbnail windows of the 15 and 60 minute Emini charts, which I use for teaching purposes in the chat room.
It does not matter what type of chart a trader uses. Some prefer charts based on time and others prefer charts based on ticks, volume, or other factors, but it does not matter because they all show the same thing. What type of chart is a 5 minute chart? It is usually incorrectly called a price chart. All two dimensional charts have at least two dimensions. The dimensions are variables and both contribute to a trend. Although a trend cannot be present without price movement up or down, in some trends, time can be more important than price, especially early on. For example, it is common to see a bear flag continue to pull back higher and higher, and then suddenly break out to the upside. The bull began at the bear low, but the first 5 to 10 bars of the bull were weak and were more likely part of a bear flag.
The next article is What size account do I need to trade?
Complete list of links for all How to Trade Price Action Manual chapters.