#TradingTools101 🧰 Trading Tools 101 – Your Secret Weapons in the Crypto World! 🚀📈
Want to trade like a pro? You need to know your tools!
Here are the most important tools that every trader must use:
1️⃣ Technical Analysis Platforms (like: TradingView)
🔍 Draw trends, monitor support and resistance, use indicators – all in one place!
2️⃣ Price Tracking Websites (like: CoinMarketCap / CoinGecko)
📊 Know the rankings of currencies, changes, volume, and the latest news in an instant!
3️⃣ Risk Management Tools (like: Calculators)
💡 Calculate risk ratios: trade size, profit/loss percentage, and set the Stop Loss accurately.
4️⃣ Trading Bots
🤖 Platforms like 3Commas and Pionex allow you to execute automated orders based on your strategy.
5️⃣ On-chain Analysis Tools
🔗 Track whales, large movements, and aggregations using Glassnode or LookIntoBitcoin.
📌 Tip for Beginners: Start with one tool and master it well, and over time expand your arsenal!
Each tool = one step closer to success!