Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: AlphaImpact on December 26, 2024, 10:38:07 AM

Title: 🛠️ Essential Tools for New Traders
Post by: AlphaImpact on December 26, 2024, 10:38:07 AM
🔍 Charts: Learn to read market patterns.
📚 Education: Keep your eyes peeled for new strategies!
⚠️ Risk Management: Tie your trades to the market
✅  Automated copy trading: Sit back, relax, and never miss a trade again.

Start your journey with the right tools and mindset!
Title: Re: 🛠️ Essential Tools for New Traders
Post by: hugeblack on December 26, 2024, 11:37:55 AM
The content of the topic is different from the title. When we talk about tools, it is supposed to explain what tools or programs help you in trading, Charts, Risk Management or copy trading. If these are tips, they are general tips and cannot be applied to become a good trader.
Title: Re: 🛠️ Essential Tools for New Traders
Post by: Faisal2202 on December 28, 2024, 10:34:26 PM
🔍 Charts: Learn to read market patterns.
📚 Education: Keep your eyes peeled for new strategies!
⚠️ Risk Management: Tie your trades to the market
✅  Automated copy trading: Sit back, relax, and never miss a trade again.

Start your journey with the right tools and mindset!
You are stating the obvious, we all know in order to make money from trading we must have the knowledge of reading charts and what's necessary for trading and what if we are doing something wrong so second opinion too and risk management is the best thing out there we all must focus on because even when we are making lose or when we don't have stable currency but tokens and we have some great opportunity in situations like this risk management comes handy.

Automated trading and sitting back and relaxing and making money is a total lie that's not true you can't just give your money to a trading bot if that's what you are saying and relax and after 1 week you see exponential gains. That's not how these bots work.
Title: Re: 🛠️ Essential Tools for New Traders
Post by: Rruchi man on December 28, 2024, 11:01:53 PM
The content of the topic is different from the title. When we talk about tools, it is supposed to explain what tools or programs help you in trading, Charts, Risk Management or copy trading. If these are tips, they are general tips and cannot be applied to become a good trader.
I was expecting to see applications other than the ones that I am familiar with, not another person telling us the obvious about trading. If we had to discuss some important tools for new traders, I recommend one, and I am not affiliated with them.

Check for "trading game."
Title: Re: 🛠️ Essential Tools for New Traders
Post by: hugeblack on December 29, 2024, 10:05:15 AM
I was expecting to see applications other than the ones that I am familiar with, not another person telling us the obvious about trading. If we had to discuss some important tools for new traders, I recommend one, and I am not affiliated with them.
Even this information is general and not useful. It is just broad outlines and cannot be applied practically, just like telling someone if you want to succeed in trading read books without specifying the books or useful summaries.
Title: Re: 🛠️ Essential Tools for New Traders
Post by: Azharul on December 29, 2024, 11:12:38 AM
🔍 Charts: Learn to read market patterns.
📚 Education: Keep your eyes peeled for new strategies!
⚠️ Risk Management: Tie your trades to the market
✅  Automated copy trading: Sit back, relax, and never miss a trade again.

Start your journey with the right tools and mindset!
Yes, actually you could explain best comment in your post. I also believe that those tools are very important for all crypto currency traders or investors. Because when we start our crypto journey, we must understand in cryptocurrency market properly. So I think that we should be able to achieve best knowledge for trading and investing. Because without knowledge in cryptocurrency market, we can not get best profit from cryptocurrency market. So I believe that crypto knowledge is one of the best important issues in cryptocurrency world.
Title: Re: 🛠️ Essential Tools for New Traders
Post by: JusticeDeGreat on December 29, 2024, 11:24:20 PM
Steady Internet: Even though a trader intends to use a broker app, he still needs Internet to follow the trading up.

Chart Programs: This charts will help one to set personal parameters that will guide him in following trading directions.

Risk Analysis Tools: This tools helps to analyze risks, assess them and control them, so that profits can be calculated.

Trade Management Plan: Every trading needs to be planned. So that  one can get information about the price ranges of trades.
Title: Re: 🛠️ Essential Tools for New Traders
Post by: yhiaali3 on December 30, 2024, 06:51:02 AM
🔍 Charts: Learn to read market patterns.
📚 Education: Keep your eyes peeled for new strategies!
⚠️ Risk Management: Tie your trades to the market
✅  Automated copy trading: Sit back, relax, and never miss a trade again.

Start your journey with the right tools and mindset!
Very easy ;D each one of these needs a whole book to explain >:(
In fact you did not explain anything but just pointed out the tools that a trader needs to learn, it is not easy at all and takes a lot of time and cannot be explained in one go, so it would have been better if you had addressed each tool and explained it a little. Maybe your topic would have been better but this way you did not do anything.