Tools to improve your trading

[WickCrypto]

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.

Cryptopanic is definitely one of the best sources to track abundance of information and Tensor charts is one of the best for tracking charts. Found a platform (free tier avaiable) with nice array of tools, what do you think? https://newscrypto.io/

Thanks for sharing, I had a look at the website you mentioned. To be honest with you, there's a lot of words, but almost no information. I found it very difficult to extract what it is EXACTLY that they will be doing, or how it's going to help me. I have mainly just seen a lot of marketing. I guess I'll have to wait until it actually launches?

[1714895378]

1714895378

[crisanto01]

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.

Cryptopanic is definitely one of the best sources to track abundance of information and Tensor charts is one of the best for tracking charts. Found a platform (free tier avaiable) with nice array of tools, what do you think? https://newscrypto.io/

Thanks for sharing, I had a look at the website you mentioned. To be honest with you, there's a lot of words, but almost no information. I found it very difficult to extract what it is EXACTLY that they will be doing, or how it's going to help me. I have mainly just seen a lot of marketing. I guess I'll have to wait until it actually launches?

Although, there are tools for trading, still this does not guarantee a profit at all, there are still some factors to consider such as fundamental analysis, wherein we should check their activity, what is the progress on their coin, and some technical analysis, where we should not just based on one confirmation but check other types too.

[Distinctin]

Maybe it was a good idea have some tools for trading, But some trader not using on that tool you mention and it was only you can do that tools. And if have some trader can use that maybe it will be useful for him. And for ill have some ways on how trade in the market i know we are have some different ways on how to trade and i trust your tool you have man.

Yes, everyone has differences and the strategical way of trading but there is something in common tools that they've been used just like using charts and signals which I supposed to used also. Other than that, I don't think it was useful to everyone and I don't think that it gives interest especially for old traders as it most likely they will be using genuine market strategy.

[DeathProxy]

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit.  But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading.  Greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

[Rufsilf]

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit.  But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading.  Greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

Greed is already a part of our life, not to mention that person don't have cause he/she have it already but only in the other way.
Being in trading it is important to know our capabilities and to know also where could find a way to help us to be more profitable in this field.  Yes,  it takes time to develop and change our mindset into a positive. We can't just simply put our money at risk without having assurance for returns and using charts and trading signal is a helpful thing to acquired.

[WickCrypto]

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit.  But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading.  Greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

Greed is already a part of our life, not to mention that person don't have cause he/she have it already but only in the other way.
Being in trading it is important to know our capabilities and to know also where could find a way to help us to be more profitable in this field.  Yes,  it takes time to develop and change our mindset into a positive. We can't just simply put our money at risk without having assurance for returns and using charts and trading signal is a helpful thing to acquired.

I actually wrote a piece about that as well on Steemit: https://steemit.com/cryptocurrency/@wickcrypto/an-emotional-guide-to-crypto-trading-why-paper-trading-is-useless

The beautiful part is that for advanced traders, they do not only master their own emotions. No. They also understand the emotions of others. It's precisely these emotions that make them understand which direction an asset is going. Greed will start as a negative and dangerous emotion for you while trading. But in the end it's the understanding about greed that will make a trader profitable and help to predict what others will do.

[Pamadar]

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit.  But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading.  Greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

Greed if being use in it's proper way it can be helpful to maximize your profits. It's all about human behaviors as it's part of the reason why most traders loses their position while working with their trading activities. It's a matter of how effective you are in using the right emotions. If you do have tools and you can keep it your chance to succeed is much higher than to those who are keep changing from time to time.

[Chaintrader_1]

Bitmex emails got leaked, watch out with your old Bitmex accounts!
Always enable 2FA verification...

More info : https://youtu.be/-TVIkHiHIGY

[imstillthebest]

greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

Greed if being use in it's proper way it can be helpful to maximize your profits.

sure it can but if your profit was already high . higher greed will kick in and in your mind you say that you will play more because you are lucky but what if you loose  ? all your previous winning and effort will go down the drain  .  this is why i would say that greed is bad not only in trading but also on gambling and other stuff's   .  earning sufficient income is already okay because if you can manage it well  it can go along way and it can grow if you save them up

[wajik-tempe]

Bitmex emails got leaked, watch out with your old Bitmex accounts!
Always enable 2FA verification...

More info : https://youtu.be/-TVIkHiHIGY

Just make sure we have 2FA in our gmail and i think everything will be safe due to the google activator authentication code is changing every 30 secs, i think it's really safe enough to secure our account.
Except if the security of the exchange itself is not strong, we can't do anything. Hackers and phisers are everywhere right now so as a crypto people we have to be really careful about visiting websites that offer us free reward or something like that

[AliMan]

Bitmex emails got leaked, watch out with your old Bitmex accounts!
Always enable 2FA verification...

More info : https://youtu.be/-TVIkHiHIGY

Just make sure we have 2FA in our gmail and i think everything will be safe due to the google activator authentication code is changing every 30 secs, i think it's really safe enough to secure our account.
Except if the security of the exchange itself is not strong, we can't do anything. Hackers and phisers are everywhere right now so as a crypto people we have to be really careful about visiting websites that offer us free reward or something like that

That's common to most access of different exchanges, but having an ethenticator app is most certain for log in security. This is very hard to solve by hackers, and that's why it's very important to avoid visiting those unknown sites because if you fail to do that authenticator is worthless. So be careful and always choose the safest ways to handle it and always stay vigilant as well.

[Shasha80]

In my opinion using tools in trading is very good, because it is able to provide input regarding the
decisions we take. But using tools also does not guarantee we will get a profit. And requires time to
study these tools, which not everyone has free time to learn. The conclusion to us respectively if you
use tools, it is considered very useful for trading, please do it. But if you use tools deemed not useful
do not use these tools, do the way you think is right.

[cryptothreads]

These tools have been effective in helping traders make headway in crypto trading and help traders to maximise profit.  But i still think that one of the most important tool a traders need is its instinct and the its ability to stay of greed and resist greed while trading.  Greed is one thing that makes traders loose funds while trading,  if a trader can tame greed then the trader can maximize profit from crypto trading

Before investing, you need to have a specific plan and set the price to sell after buying. I think that if you do this way, you will control your greed and ensure a good return on that investment. In fact new investors are often very greedy and they often wait to make a higher profit and when the market falls they tend to panic sell more. I always advise people and always share their knowledge about investment but they usually only care about profit so it will be difficult to mention this.

Personally, I always divide capital clearly in my investment and always control my profits. Of course always follow the original plan and always in the best state when investing.

[giltc148]

I checked your article and I must admit that it seems to be helpful. I suppose to pick a new tool to use from these four options, mentioned by you. Now I am using this infobot https://t.me/CexIoInfoBot, which has a narrow range of functions but helps a lot. I guess that it will work even better in a tandem with one more tool.

[drachman]

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 glad that this has saved you from losing your money but it is a poor strategy and at some point it is going to stop working and you are going to lament not putting the necessary time to learn how to trade by yourself, it is really important that you do not rely on anyone else to understand the markets, this is not about ego this about your capabilities and your ability to take the right decision at the right time, if you don't have that eventually you will lose everything that you have.