#TradingTools101
No matter how experienced you are, the right tools can make all the difference in your trading outcomes. Here's your quick-start toolkit for navigating the crypto markets smarter:
🔹 1. Price Charts
Use candlestick charts to spot trends and reversals.
Switch timeframes to zoom in/out on market behavior.
📌 Tip: Combine with volume for better entries.
🔹 2. Indicators (Use Sparingly)
RSI: Overbought (>70) / Oversold (<30)
MACD: Tracks trend momentum
MA (Moving Average): Smooths price noise
📌 Tip: Avoid stacking too many. Simplicity wins.
🔹 3. Order Types
Limit: Set your own price
Market: Buy/sell instantly
Stop-loss: Risk control, not emotion control
📌 Tip: Know the fee differences (maker vs taker).
🔹 4. Watchlists & Alerts
Track favorite pairs like $XRP, $BTC, and $USDC in real-time.
📌 Tip: Use alerts for key price levels—don’t stare at charts all day.
🔹 5. Journaling Tools
Log every trade: what you did, why you did it, and what you learned.
📌 Tip: Most pro traders journal. It's how they get better.