Tools to improve your trading - page 3.

alex0808

newbie

Activity: 20

Merit: 0

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

Let me know what you think, and if there's something else I should try.

You should definitely add https://coinalyze.net/ to the list. it's lighting fast and has tools you can't find elsewhere

gunungkembar

member

Activity: 576

Merit: 43

I think trading only requires tools such as rulers and various measurement methods to determine the right time to buy coins and sell coins, with the help of experience can be more accurate.

NewRanger

sr. member

Activity: 1624

Merit: 341

Buzz App - Spin wheel, farm rewards

Quote from: GreenStox on October 15, 2019, 11:03:45 AM

there is no tool to be able to make your trading better, trading can be better because it has a trading experience so when people already have a lot of trading experience then it will make trading very good and it will be easy to find profits.

tools just help us to identify market movement.and it depend on us.if we didn't understand how to use it we will got nothing.there is no positive impact to us from this tools.if we learn and keep improving our trading skill maybe we didn't need this tools.our instinct and experience will guide us where and when we must entry and exit from market.

cryptoadvocate

jr. member

Activity: 112

Merit: 1

I've done a few writeups on some trading basics and helpful indicators. You can find all my trading content here: https://www.cryptoadvocate.net/how-to-trade-cryptocurrency

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: South Park on October 14, 2019, 12:34:31 PM

Quote from: Zemomtum on October 13, 2019, 06:58:12 PM

Those tools are fantastic, but it will be good if you can combine them to your own strategy so that you are not one hundred percent dependant on someone else opinion.

It is odd but most traders do not want to go through the trouble of creating their own strategy, they prefer to follow experimented traders and try to implement their advice, but that is not really a good idea, after all do you really think they are going to reveal their whole plans and ideas about what to do in the markets? They give away some advice but they will never give away everything, so the only way to be profitable in this market over the long term is to try to find your own strategy.

Observing how traders shared ideas and try to fit things to your own understanding will bring up something that can be useful while you are working inside this business. You are correct about those traders who are willingly shared some patterns but in's not the complete method as they are keeping things for them to make sure that it won't be over exposed. You need to experiment and build your own sets of working strategy, protecting your investment begins with exploring every possible information to guide you to succeed.

GreenStox

sr. member

Activity: 1148

Merit: 252

Undeads.com - P2E Runner Game

there is no tool to be able to make your trading better, trading can be better because it has a trading experience so when people already have a lot of trading experience then it will make trading very good and it will be easy to find profits.

mike_fedorov

newbie

Activity: 2

Merit: 0

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

Let me know what you think, and if there's something else I should try.

It's a really great list of tools!

Can you tell me, did you try to use some crypto trading simulator? They usually do not require any deposit and are often friendly to newbies in trading.

We made such an application that allows you to experience yourself as a crypto-trader - Paper.Trade. The main difference from other similar apps is identical functionality/interface to the real exchange and real exchange rates. It is not so convenient for a beginner, but it can prepare him for real trading on the exchange:).

If you don't mind, I will provide the links below:
Website: https://paper.trade
Google Play: https://play.google.com/store/apps/details?id=trade.paper.app
AppStore: https://apps.apple.com/us/app/paper-trade-crypto-simulator/id1481218476

I will be very happy if this helps you!

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Zemomtum on October 13, 2019, 06:58:12 PM

Those tools are fantastic, but it will be good if you can combine them to your own strategy so that you are not one hundred percent dependant on someone else opinion.

It is odd but most traders do not want to go through the trouble of creating their own strategy, they prefer to follow experimented traders and try to implement their advice, but that is not really a good idea, after all do you really think they are going to reveal their whole plans and ideas about what to do in the markets? They give away some advice but they will never give away everything, so the only way to be profitable in this market over the long term is to try to find your own strategy.

EdvinZ

sr. member

Activity: 994

Merit: 260

In fact, I have enough of those tools that provide good large cryptocurrency exchanges. With the advanced trading panel features, you can better view the buy and sell orders of a particular coin and better explore its chart. It is also very important to constantly check the news about the coins you trade, read their websites, Twitter, Facebook, Telegram chat, etc. the Use of many trading tools can interfere with trading, it is better to use what you have.

cryptoangel

sr. member

Activity: 700

Merit: 250

Quote from: Zemomtum on October 13, 2019, 06:58:12 PM

Those tools are fantastic, but it will be good if you can combine them to your own strategy so that you are not one hundred percent dependant on someone else opinion.

In trading platform many peoples are use the tools and all are concentrate one or two tools only so that it is more than enough to protect our trading skills. No one is dependent on someone else opinion so they plan and perform well on all the time. I hope further years trading will make good profitable platform.

leavolnhals

full member

Activity: 770

Merit: 101

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

Let me know what you think, and if there's something else I should try.

I have known about these websites for a long time. But this is not what I expected much. because it's free and it will be used by a lot of people. Tradingview is really a trap, it makes the trend reversed. When a lot of people trust the words of a bitcoin article that will pump, the market will go against it. those who execute the Long command will die.
I have been trapped many times for using these tools, so I no longer use them.

Capt00

full member

Activity: 938

Merit: 105

Quote from: jmigdlc99 on September 30, 2019, 02:55:28 AM

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

+1 for tradingviews ideas.

I've been lucky enough to avoid crashes and ride bull waves because of the indicators "experts" share on tradingview. Some may say it's poor strategy to simply rely on other people's opinions but when you don't have enough time to learn how to be a trading genius, reading lots of opinions from other people may be enough to save you from ruin.

Using tools are very helpful indeed to secure you money because if you learn it the hard way then it may take a lot of time, effort and even waste a quite an amount of money but if you use tools as this then you can trade with a bit of security and at the same learn from your experiences along the way. Who knows perhaps in the future, you'll be able to come up with something your own and that it will be another person who'll use it not only you.
Every traders are different, some may not want to use tools that are created by other but it is not all bad to use someone else's work to improve your trading experience.

jhonjhon

full member

Activity: 1316

Merit: 126

Tools are good as a reference of your trading decisions but don't be too dependent on tools because you might as well not learn anything in trading. Personally, I don't use those tools always because sometimes it frustrates me that something happened and I don't understand some parts of it. Also not all tools works for you so better make one for yourself. Besides, the longer you are expose to trading you got to learn more and create better strategies that you can use and that will also work for you.

nasipadang

sr. member

Activity: 1274

Merit: 252

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

Let me know what you think, and if there's something else I should try.

Developers make tools to generate profits from their users, that's the reason, they also help traders because they provide benefits. For use it depends on the trader himself because some tools emphasize different focus points to help users as traders, so there are some users who are suitable and not. I also use some of the tools you said, it helps me to look at the portfolios of each of their tool users.

Zemomtum

full member

Activity: 1316

Merit: 104

CitizenFinance.io

Those tools are fantastic, but it will be good if you can combine them to your own strategy so that you are not one hundred percent dependant on someone else opinion.

jhonjhon

full member

Activity: 1316

Merit: 126

Just like me, it seems to look important to me and a worth to learn about. Others never think about its importance but rather just ignore it.
Anyway, TA's and trading charts are not easy to learn, it may the reasons also that some traders never think it was a helping for them but rather they say it was just wasting their time learning about it. But what happens to them? Their trading career never works well, instead, they suffer losses.

electronicash

legendary

Activity: 3178

Merit: 1054

Quote from: Rufsilf on October 13, 2019, 08:52:54 AM

Quote from: DeathProxy on October 10, 2019, 12:04:29 PM

Trading tools are good but i think getting trading expertise and experience is the best. Many people go into trade by relying on just trading tool and they end up making massive loss. To create a balance while getting all the necessary trading tool its important that the trader also try and have trading experince so it could blend well

Wev could say that these tools aren't enough to become a good trader but in some ways also it brings us into a positive result. Though we can't just rely upon this for the whole life in trading but in the reason that it gives us guidance to improve our trading skill and knowledge, it simply put some importance by then. I may say it makes no sense for you but for new traders and those whos still learning, it is a big help for them.

those are helpful in analysis. if there is only a tool that will work as a trading system for anyone which is like a tool that will signal you to sell or buy whenever trend direction is about to change, it should be the best. the indicators in the charts which of course are considered tools but there is still no guarantee even when you have the trading skills. among them list, its only the tradingview that i actually use and then all are just the exchange platforms.

Rufsilf

sr. member

Activity: 1778

Merit: 309

Quote from: DeathProxy on October 10, 2019, 12:04:29 PM

Trading tools are good but i think getting trading expertise and experience is the best. Many people go into trade by relying on just trading tool and they end up making massive loss. To create a balance while getting all the necessary trading tool its important that the trader also try and have trading experince so it could blend well

Wev could say that these tools aren't enough to become a good trader but in some ways also it brings us into a positive result. Though we can't just rely upon this for the whole life in trading but in the reason that it gives us guidance to improve our trading skill and knowledge, it simply put some importance by then. I may say it makes no sense for you but for new traders and those whos still learning, it is a big help for them.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: WickCrypto on September 30, 2019, 01:36:27 AM

With my goal of becoming a full-time trader, I have recently spent a lot of time researching different tools. I learned that most tools are just ways to earn easy money for the creator, but there are some that truly make a difference.

In order to save your time, this is my shortlist of the four things I use most, and that have given me the most value:
- TensorCharts (https://www.tensorcharts.com/)
- 100eyes Crypto Scanner (https://www.100-eyes.com)
- CryptoPanic (https://cryptopanic.com/)
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)

Also, I wrote an article summarizing how I use them:
https://medium.com/@100eyes_crypto/4-tools-for-the-modern-crypto-trader-4ea13cd3130a

Let me know what you think, and if there's something else I should try.

Of course you can't stand alone when younare trading. I mean you will still be needing tools for you to have something to help you just like the listed above. You need to know about how the charts are moving, what the charts are saying, what analysis and statistics says you should do and differentiate hoax and legitimate news. Aside from knowing how to use the tools given above, you need to master how to control and not to be controlled by your emotions by then. after having the expertise in trading and mastery of handling your emotions everything will run smooth while you're trading.

DeathProxy

sr. member

Activity: 756

Merit: 251

World's First Crowd Owned Cryptocurrency Exchange

Trading tools are good but i think getting trading expertise and experience is the best. Many people go into trade by relying on just trading tool and they end up making massive loss. To create a balance while getting all the necessary trading tool its important that the trader also try and have trading experince so it could blend well

Topic: Tools to improve your trading - page 3. (Read 826 times)