Topic: Tools to improve your trading - page 4. (Read 826 times)
Without even going into any major thing, all I will say is that just follow Crypto News, and you are meant to be in great level of comfort with decision making. As if you are doing trading, it’s useful to go for indicators, as it can help you with making decisions better. But of course, it’s a lot easier said than done. So we just require to make sure we put our focus on it and that will lead us to gain and that with serious amount of consistency.
Browse for a website/platform and find one that suits you most (if you find any cool ones let me know please!!!).
I just started trading so i can't help you with advanced tools. Here's the site where you can find useful tools for free (beginner tier) https://newscrypto.io/. like how I can open just one page and have all the analysis, charts, news, and additional help tools while also an option to trade. It's just so fast and convenient.
Hope it helps, best wishes!
I just started trading so i can't help you with advanced tools. Here's the site where you can find useful tools for free (beginner tier) https://newscrypto.io/. like how I can open just one page and have all the analysis, charts, news, and additional help tools while also an option to trade. It's just so fast and convenient.
Hope it helps, best wishes!
While it is good to have tools, it should be in our priority too to read updates of the current situations of the market and listed coins. Though they're too many, thru experience and determination we will be able to analyse and know our pros and weakest as we started doing it, we will know if it's just hype or because of the project development, we will be able to limit ourselves in those have potential, we will be able to master it and still earn even the market isn't in good position that time just learn to determine a good coin or project by reading each project updates.
It appears that someone didn't read/open the link that OP posted. OP's links for his tools have it all, what you have said about this
it should be in our priority too to read updates of the current situations of the market and listed coins
are there too, a lot of Traders sharing their ideas everyday to update what is going on in the market, I think they are all legit and not just some kind of jokes. The tools that OP mentioned was not literally "tools" like software that have bugs and not precise at all the time. It might be worth it if some of you guys are going to try it for a little amount of fiat as a trial if this thing really work out.E D I T: those are just some guides to help you on making decisions about your trade, it is not totally a "must" do steps that you should literally follow to earn profits, your skills and understanding is needed.
Simply I always prefer doing my owns style rather than picking up the needed tools like research, charts, social media and other pack ups. For me, I'd rather be doing the basic rules which mostly be applied on trading needs. In order to make it possible, we must remember to buy when the trend goes down and you'll be able to catch a good price. Selling principles should be on higher price and it could satisfy your desires to gain enough funds to consider it as your profit.
All those tools will be useless if you haven't familiar with fundamentals or the basic. To improve, you must possess a discipline to avoid being engulf by our emotions. Knowledge is also necessary for this industry, you must have study every minute. But the most important among them all is the "experience" because this is where you learn. Having a trading plan is a good tool as well.
I would like to add here that in the beginning, you simply must not invest money, the loss of which will have serious consequences for the investor. Savings set aside for treatment, money borrowed from banks or private individuals are not suitable for investing in BTC. On the other hand, the amount set aside for the purchase of a new gaming video card can be spent on investments in cryptocurrency. Feeling that you will not lose too much, you will trade with no stress.
to be able to help your trading so that you can get a lot of profit so I suggest you start to learn how to trade using technical analysis from various sources that you should be able to match with the movement of coin prices at the exchange.
Basically, trading isn't all about having good in TA's, have trading skills, knowledge but the most important is to see our self become determined to become a trader. Learning to trade is just acquiring knowledge and experience base where we could get more ideas along the way. If we want to improve, we need to accept losses and opened-minded person, accept what the others said and told us for they might know much better than us. 
- Tradingviews Ideas (https://www.tradingview.com/ideas/crypto/)
As far as I dove into cryptocurrency. A friend referred to me tradingview.com and this became my ground in trading. This is where I got all of my trades winning. This is how I am doing a trade using Tradingview. I am looking for a view. And then will compare those views I can see that says the same. And if there are a lot of views that talks the same then I'll do that trade. 
This site is a very good addition to the list mentioned by the OP I regularly visit this site and put my technical analysis into action this site gave signals of cryptos pairs based on Japanese candlestick pattern eg Engulfing bar, Pin bar, Haramis etc however it is the trader discretion to use them for trading or combine them with some indicator all these tools will absolutely aid a trader to make a devise a working strategy and make profits consistently.
All of the trading tools mentioned above are good, but it seems that this will not work properly if applied to crypto with low volume.Having self-discipline and good knowledge in trading is also very important to come up with a successful trading. If you have the knowledge in trading which you gained from all of your trading experiences, even without those tools being mentioned, you will still be profitable from your wise decisions you have made.
You mean by relying on luck like gambling? 
maybe for trade several times can get a profit but it is very risky if done continuously. 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.
Yes its good to have tools if you want to trade but what actually will help you to earn profit is your knowledge,experience and trading skills that you use in making investments that will lead you to high rerurns in future.You can learn from trading tips and tools but always use your wisdom to pick the best suitable technique in trading. 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.
This site is a very good addition to the list mentioned by the OP I regularly visit this site and put my technical analysis into action this site gave signals of cryptos pairs based on Japanese candlestick pattern eg Engulfing bar, Pin bar, Haramis etc however it is the trader discretion to use them for trading or combine them with some indicator all these tools will absolutely aid a trader to make a devise a working strategy and make profits consistently.
Love this one, didn't know it! Will explore it over the coming few days.
Thanks for sharing
I think there are a lot of tools that can be used to analyze prices at the exchange, and usually I only use a brief analysis that can be available at the exchange by providing a line on the coin chart that you have and by combining several other analysis techniques.
This site is a very good addition to the list mentioned by the OP I regularly visit this site and put my technical analysis into action this site gave signals of cryptos pairs based on Japanese candlestick pattern eg Engulfing bar, Pin bar, Haramis etc however it is the trader discretion to use them for trading or combine them with some indicator all these tools will absolutely aid a trader to make a devise a working strategy and make profits consistently.
~snip
This tools really help you become a pro trader but to aside from these, there is one tool that is more important than this and it will help you become a professional trader.Emotions, attitudes and traits. If you can control yourself in trading then you will be a pro. Even if you know this tools the OP posted if you don't know how to control yourself then it will become useless.
This is great and thanks for sharing. I will add this to my trading tools on improving my knowledge. I also learn from just watching on youtube since some people are sharing their knowledge and tricks on trading.
And i don't ride any sudden pump of the price since i will just lose money if the value goes down.
And i don't ride any sudden pump of the price since i will just lose money if the value goes down.
Good references now I know where to go, but I will not rely on it a 100% but this will help me understand the market movements. It is better that we must understand how trading works rather than just going with the flow, relying on signals or copy trade which could be more risky.
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.
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.
Great strategy and ideas to find and research tools for the trading work, so maning trading is need an extra effort and time to know the tools to make profits.
Technical analysis and crypto charts serve as a guide and tool for us to know the market flow. However, relying all our decisions on these tools might only lead us to confusion and regrets. Some tools don't provide reliable information. We could make our own analysis if we want since we all have our own predictions and interpretation about the market flow and its future situation.
Yeah that is truly correct technical analysis is proven that is the best tools for the trading but I think we need to appreciate op share their new tools to help us came from their eefort.
Technical analysis and crypto charts serve as a guide and tool for us to know the market flow. However, relying all our decisions on these tools might only lead us to confusion and regrets. Some tools don't provide reliable information. We could make our own analysis if we want since we all have our own predictions and interpretation about the market flow and its future situation.
There were lots of good analysts on TradeView before 2018. I wonder if they're still there today. It is hard to find them though but you could find them if you do enough research on the Internet, by googling "best traders on TradeView", maybe?
Analysts are only good at what they are doing when their calls are right, which obviously can't always be the case. I have seen enough of them arise and fall just because of how their luck runs out.The only interest I have in other people's analysis is to have it work in my advantage in the way that I get to know something I didn't before, or that it makes me question my thinking in such a way that I adjust my position.
Never do I look at someone's analysis and think I'll copy it and see where it goes, regardless of their success rate in the past. I rather learn how the market works myself from scratch. The best traders did it themselves with minimal guidance.
...snipped..
+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.
You made a really good point.
Traders who don't know how to read the market or don't have time to learn how to trade could actually do well by just relying on "experts" on TradeView.
There were lots of good analysts on TradeView before 2018. I wonder if they're still there today. It is hard to find them though but you could find them if you do enough research on the Internet, by googling "best traders on TradeView", maybe?
Tools or ways to improve your trading is having enough knowledge in order for you to start a good experience in trading because as we all know that knowledge and information is the most necessary weapon you need in order for you to earn money here in cryptocurrency because lack of knowledge will lead you in failure.
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