Trading tools. Secrets of profitable trading
My today’s video about trading tools. Almost all beginners use a lot of indicators. But the more indicators you use – the more difficult for you is to take trading decisions (specially right trading decisions). So, here is few trading tools you really need
- Fundamental factors. Look at fundamental factors that influence your maket. For example, unemployment data, interest rate hikes, if you trade stock market.
- COT report. Look what big players are doing. There is no secret, big players are mostly right and retailers are not. That’s an easy.
- If you are beginner, you can use some indicator to find out when the market is overbought or oversold.
- Don’t forget about seasonal influence. It will give overview of possible future movement.