Tools to improve your trading - page 5.

Colt81

sr. member

Activity: 630

Merit: 265

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 never heard and use this kind of trading tools because the only trading tool that i use in trading is a trading bot . Using a trading bot in my trades is really helpful because not everytime i have the time to manage my trades, so it will be more helpful if a trading will help me to set up my tradings.

pinggoki

sr. member

Activity: 1498

Merit: 416

Tools to improve your trading? What do you mean by tools? Do you mean tips or ways on how you will improve and become good in terms of trading? I think one of the best way is have an enough knowledge to know everything that is occuring or running in the trading industry or trading world. There are many ways on how to improve your trading just like watching tutorials on how to start trading and asking to those professionals on how you will start trading.

tungaqhd

hero member

Activity: 1540

Merit: 508

Quote from: Peashooter on October 05, 2019, 04:54:35 AM

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.

Agree, the tool to improve our trading is knowledge, and in order to gain more knowledge, we need to go through discussions with people, apply it in practice to prove our speculations, although there will be failures in the beginning when we are not too familiar and lack of knowledge, in the long run, it will be a weapon that can develop over time. However, quite a lot of people overlook this useful tool, they usually focus on bots, signaling groups, and fast buying and selling tools, while they don't realize our selves are the most advanced weapons

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

Right you are, You have provided some good indicators for better trading and certainly it will bring a good result to you. I think those four tools must be useful for beginners of trading, not only that but also those tools influence to get started trading a lot but at the end of the day, you must become a good trader when you follow the discipline and some techniques. The most important thing is the knowledge about the market, You must have a good capability to predict what is going on and you should take an instant decision at the right moment. also, you should be more technical and analytical because everything is going too fast so you have to be watchful towards the market so much.

Capt00

full member

Activity: 938

Merit: 105

Quote from: Ucy on October 04, 2019, 03:27:39 PM

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

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

...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?

It something good to looked at and really beneficial. It has also good to know some inspiring story of all successful traders how they reach on the highest level of their career and it helps us to stay guided in all market situation. For some reason the succeed because of courage and self-control which is something not present in our mind all the time. If we could manage these things, we eventually see a brighter future.

Ucy

sr. member

Activity: 2674

Merit: 403

Compare rates on different exchanges & swap.

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.

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?

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

The tools are to be used as indicators but not decision makers. Study and analyze where to invest. Go through 3 points explained in Jason Bond's video on youtube. A great help to earn good profits. One needs to have patience and this would be another important attitude to be successful in trading.

gantez

full member

Activity: 1736

Merit: 121

Quote from: nara1892 on October 01, 2019, 03:35:42 AM

wow this looks quite interesting
I usually only rely on coinmarketcap and bitcointalk, or follow the hype on Twitter
but maybe it's still too difficult for beginners to use it

It shouldn't be difficult for beginners . Especially cmc, it shows you everything to know and direction for you to make your own judgement. I use it and also rely on it for price direction, volume etc.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Quote from: MetalGear on October 02, 2019, 01:47:56 AM

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.

First of, before you trade you must have knowledge about trading, not just knowledge but the ability to predict the state of the crypto space and the price of the cryptocurrency you are trading. You also need to have a good technical analysis and sentimental analysis and know how to use it in combination. You can also use bots that can be used in trading cause there's a lot of it now. In terms of tools, make sure that you are using a reliable and trusted one.

I think knowledgeable persons are never using the trading tools and trusted bots. Nowadays Google and YouTube was provide the every methods, But own experience will make good attention for any platform. Normally traders are start token and Bitcoin investment because secure and huge profit will need for new investors. I think those are active in crypto market and trading sites they never waiting for new techniques.

WickCrypto

jr. member

Activity: 36

Merit: 4

Quote from: jamesndungu1 on October 04, 2019, 10:40:29 AM

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.

The very first thing I make sure to have is a reliable trading platform as well as the correct charts tools; a trading platform that best suites my requirements. I do my trades on a high quality laptop to ensure that i'm able to install most trading applications and avoid effects of slow performance or lagging especially when performing quick trades and multitasking - which i do alot. Trading view helps me socialize with other traders and be able to exchange ideas. A spreadsheet is also a necessary tool to help me keep track of my trading performance - I Use google spreadsheets. The final tool is a trading journal for record keeping. My cryptocurrency trading platforms of choice is Bitfinex and Binance due to their high liquidity and margin trading capabilities.

I'm very interested in your trading journal. How do you organize your trade record keeping? This is something I've always wanted but never actually managed to do..

jamesndungu1

member

Activity: 434

Merit: 25

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.

The very first thing I make sure to have is a reliable trading platform as well as the correct charts tools; a trading platform that best suites my requirements. I do my trades on a high quality laptop to ensure that i'm able to install most trading applications and avoid effects of slow performance or lagging especially when performing quick trades and multitasking - which i do alot. Trading view helps me socialize with other traders and be able to exchange ideas. A spreadsheet is also a necessary tool to help me keep track of my trading performance - I Use google spreadsheets. The final tool is a trading journal for record keeping. My cryptocurrency trading platforms of choice is Bitfinex and Binance due to their high liquidity and margin trading capabilities.

MetalGear

sr. member

Activity: 714

Merit: 250

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.

First of, before you trade you must have knowledge about trading, not just knowledge but the ability to predict the state of the crypto space and the price of the cryptocurrency you are trading. You also need to have a good technical analysis and sentimental analysis and know how to use it in combination. You can also use bots that can be used in trading cause there's a lot of it now. In terms of tools, make sure that you are using a reliable and trusted one.

Reid

hero member

Activity: 3024

Merit: 651

Quote from: Rufsilf on October 01, 2019, 01:07:38 AM

Quote from: semobo on October 01, 2019, 12:10:08 AM

Tradingview is more than enough for a any trader to track all the price charts with indicator but it is for tracking but we also can use the trading bots to automate the things little bit and increase the convenience of trading life.

But somehow we can't be really effective. Trading bots is just a tool that could lessen our workloads in trading but it much better of we do it manually if we have enough time to do so.

If we are good in market analysis, definitely we have an effective TA's and that is really helping to have a good trading result.

Same thing that I was thinking although we cannot say it is useless.
We can make it as a basis only or for starters but still ths most effective one is doing it manually.
Been trading before and there are a lot of times with lesser sleep and too much coffee. When you are monitoring the trading waves it could be messy sometime.
But that volatility is the key to making money.
Traded with gold before and did compare it with crypto trading. I can say I enjoyed it more now unlike with gold where you wait for a longer time for a price change.

ChrisPop

legendary

Activity: 2310

Merit: 1035

Not your Keys, Not your Bitcoins

In my opinion all the tools a trader needs to improve are core foundation which consists of technical analysis, risk management and of course emotions management. Tradingview has all the "technical" tools that a trader needs. Besides that I highly recommend keeping a well-documented journal of your trades. That's how you will evolve your trading game to never seen before levels - by reviewing past actions and behaviours regarding the market movements. Write down your daily routine, what made you take that trade, where you were wrong on something, your mistakes, note everything down!

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

When I was in trading before the best tool that I used is having a technical analysis and a trading bot that makes my trading activity less stress of monitoring the market price. I used it until now a trading bot named Gunbot. I know of all you are aware of this trading bot tools but if you are planning to use this please dig more research first. Because of you did not understand the main concept of trading it will end up useless or make you lose from trading. This is only my opinion, yet you are the one who manages your risk.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: AicecreaME on October 01, 2019, 11:31:15 AM

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.

I am doing this whenever I am having a mental block, rather than making random decisions in Trading, I preferred to use others strategies and opinions about how they make profits in a certain situation. Once you get used to this routine, you'll find yourself better in assessing tough situations in Trading, and you'll return the favor to other who are struggling too in Trading, it is all about give and take.

Even millionaires are accepting others people idea or what we called brainstorming to know which solution is better to solve a certain problem, and that goes the same if you want to be successful.

A must have kind of way of thinking where it should really have that give and take because learning would continue and be add up to yours if you do know
how to accept and apply others ideas as well.As the days passed by you would earn new ideas and learnings which will enhance you even more.
Tools is can really be seen online it will just depend on you on how you do make use of it on the right way.Brainstorming is quite common though yet each decision you
would take does really need to be serious ones.

AicecreaME

sr. member

Activity: 2436

Merit: 455

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.

I am doing this whenever I am having a mental block, rather than making random decisions in Trading, I preferred to use others strategies and opinions about how they make profits in a certain situation. Once you get used to this routine, you'll find yourself better in assessing tough situations in Trading, and you'll return the favor to other who are struggling too in Trading, it is all about give and take.

Even millionaires are accepting others people idea or what we called brainstorming to know which solution is better to solve a certain problem, and that goes the same if you want to be successful.

Meowth05

sr. member

Activity: 854

Merit: 267

★777Coin.com★ Fun BTC Casino!

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.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Herbert2020 on October 01, 2019, 03:16:57 AM

all tools could be useful but none of them are ever useful if the user has no experience in trading itself. and the problem nowadays is lack of experience in trading. people are jumping in thinking they can make money in something they have not even done before. in fact most of these tools could be misleading if used by inexperienced users. for example the tradingview ideas has a lot of nonsense in it too where people just draw random lines and expect them to be true. a newbie would think it is correct and can make bad decisions.

True story yet these technicals cant really be easily understood or to be read up by people who dont even know on what are the basics or doesnt even know
on how to read up a single chart even those numbers.Its true that there were even troll post and analysis given out by random people and if you dont know which
one is serious and which one is troll then thats the hardest part and you are just making yourself lost up money because of following those things.
Im not saying professional technical analysis are precise but they are much more better than on random ones.

AniviaBtc

sr. member

Activity: 1120

Merit: 272

First 100% Liquid Stablecoin Backed by Gold

When it comes to finding tools in trading, you should always know its advantage and disadvantage in the market. I use tradingviews and 100eyes crypto. Tradingviews is always helpful and is easy to use rather than any tool in trading. It is the most efficient for me when it comes to security and precision.

While 100eyes crypto scanner is always updated and very accommodating too. Just make sure that when it comes to trading, we should be knowledgeable, wise, and disciplined enough when having a BTC transaction in the market. Good decision making is always the key in crypto.

Topic: Tools to improve your trading - page 5. (Read 826 times)