#TradingTools101 Many beginners in trading often overlook the importance of technical analysis tools such as RSI, MACD, Bollinger Bands, or Fibonacci Retracement. However, these tools not only help identify entry/exit points but also enhance emotional control during strong market fluctuations.

For example, when the RSI exceeds 70, it may signal that the market is overbought – at this point, traders may consider taking profits. Conversely, when the MACD crosses above the signal line, it is often a sign that a bullish trend is forming. The important thing is: do not use a single tool in isolation; combine at least 2-3 tools for a more comprehensive view.

What tools are you using? Share to learn together!