#TradingTools101 Trading Tools — a set of useful tools for trading in the T-Investments terminal
When it comes to working with trading101, one of the best materials is the highly recommended book for Trading 101 — "Trading 101: How to Trade Like a Professional" by Sunny J. Harris (published in 1996), which serves as a guide for beginners
Therefore, the main parameters are:
1. Capital requirements: $10–100 for CEX (e.g., Binance); DEX (e.g., Uniswap) require cryptocurrency to pay for gas fees.
2. Optimal markets: CEX for liquid
pairs (BTC/USD); DEX for niche tokens.
3. Performance monitoring: use CEX trackers or DEX wallets (e.g., MetaMask); try Blockfolio.
4. Supply/demand prices: CEX use order books; DEX use liquidity pools, which involves the risk of slippage.
5. Types of orders: CEX: market, limit, stop-loss; DEX: mainly market orders.
6. Risk management: risk 1–2% per trade; use CEX stop-loss; avoid risks of DEX smart contracts.
7. Trading hours: 24/7; DEX depend on blockchain speed.