#TradingTools101 you're a trader in any trade and you don't use any technical indicators , If so you're playing as if you're a fool .
Most important is to know about trading tools and that will help you better understand the market and increase your chances.
In tools there have 2 types , i will explain that types below:
1- Market Analysis Tools
Provide insights into market sentiment, news events, and other factors that can influence asset prices.
2-Risk Management Tools
√ Stop-Loss Orders:
Limit potential losses by automatically exiting a trade when the price reaches a predetermined level.
√Take-Profit Orders:
Ensure gains by automatically exiting a trade when the price reaches a target level.
√Position Sizing Tools:
Help traders determine the appropriate size of their trades based on their risk tolerance and account capital.
These way can help you readers . Thank you for reading
