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What are the tools of successful trader???


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I think what the first post refers to is fundamental analysis. Fundamental and technical analysis are both important tools for a trader. Fundamentals can help you find the general direction of a given trend and can help you choose what to invest in, while technical analysis can be used to choose entry and exit points.

In my opinion, for fundamental analysis it's easier to rely on different sources but do the technical analysis for yourself. There's also the option of using indicators for technicals, just make sure the indicator is trustworthy before you start relying on it.

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The volatility calculator can be a helpful tool when trying to identify assets that you want to focus on closely. It allows you to measure the volatility of anything you might want to trade, over any given time period. Whether you are looking for a highly volatile market to generate high returns, or you want to avoid the dangers of high volatility, you can use a volatility calculator to find a suitable asset to trade.

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