#TradingTools101 Once I thought that trading was about 'buy and forget'. Now I have in my arsenal: RSI, MACD, levels, trend lines, and yes, my favorite Fibonacci. Each new tool is like a new lipstick: everything seems the same, but you feel more professional.
I learned to use trading tools not only for their intended purpose but also as indicators of emotions: if I want to pull out 5 indicators at once, it means I'm just not confident. And if I'm confident — one level and calmness in my voice.
My must-have: volumes and support/resistance levels. Everything else is like glitter: pretty, but without fanaticism.