#TradingTools101 🛠️ The key tools for successful trading
Trading goes beyond buying and selling. Discover these indispensable tools that every trader must master:
1. Stop-loss/take-profit orders: allow you to manage risk and secure profits automatically.
2. Real-time charts + indicators: RSI, MACD, and moving averages help identify trend changes.
3. Price alerts: ideal for reacting quickly to significant movements.
4. Portfolio management: monitor your assets with trackers or apps like CoinTracker to assess performance and risk.
5. On-chain data: indicators such as outflows to exchanges or accumulation can anticipate movements.
Integrating these tools gives you control, prevents impulsive decisions, and improves your results.
