#TradingTools101
surprise #BNB 🎁WZLNZ5G1🎁
*Trading Tools 101: Don't Get Left Behind*
In the market, it is not enough to be smart; you must also be prepared. Here are some essential tools for traders:
1. *Charting Tools*
- TradingView: create visual strategies, use technical indicators, and monitor hundreds of pairs with a single click.
- Dexscreener: search for new coins, volume anomalies, or low-quality tokens.
2. *Alert Tools*
- TradingView Alerts
- Telegram Price Bot
- Binance App Notifications
- Set up alerts so you don’t have to be in front of the screen 24/7.
3. *On-Chain Tracker*
- Whale Alert: monitor large transactions of BTC, ETH, etc.
- Arkham / Debank: track whale wallets and token movements.
4. *Screener Tools*
- CoinMarketCap: winners and trends
- CryptoPanic: hot news
- Look for opportunities before they go viral.
5. *Sentiment Tools*
- LunarCrush: analyze social media
- Santiment: volume and on-chain behavior
- Understand the market sentiment.
6. *Position Size Calculator*
- Babypips
- Binance Calculator
- Notion Template
- Determine the size of your trades with a maximum risk.
7. *Trade Journal*
- Record your trades and learn from your mistakes.
These tools will help you make informed decisions and manage your risks in the cryptocurrency market.