Assess the track record of energy trading companies you are considering

Seek references or testimonials from previous clients. Look for nationally or internationally connected firms whose reputation can be established. Be sure to verify the authenticity of Internet sources, and of course picking up the phone and talking with a company representative will yield useful information as well as a flavor of the company's customer service.

I recommend: Energy trading companies like Masefield and Towers Perrin have a global reach with offices in multiple countries. Firms like these offer the resources of industry experts to assist clients in risk management or market trends.

Energy trading software supported by real experts enables users to optimize the program

Energy trading software supported by real experts enables users to optimize the program's features and benefits. Real-world engineers and market specialists supporting users of energy trading software make the software application robust and practical.

I recommend: IntercontinentalExchange, or ICE, offers a web-based real-time platform for energy trade with an on-screen demo for over-the-counter energy trading. POMAX by Navita provides a multi-use platform used by traders worldwide. Helpful components include trading, risk management, market and data analysis and most importantly consulting with Navita staff engineers.

Sign up for forums or industry events or use an energy trading simulator

Information clearinghouses connect you to industry people and events. Choose either an energy trader or energy trading software to match your acceptable level of risk.

I recommend: The Energy Exchange provides a database linking technical experts in the energy field with financial analysts and investors. Visitors find links to energy companies, universities, government entities, trade organizations and allied service providers. Take a test drive with PFGBEST.com's energy simulated trading software with a 30-day free trial.