Best trading tools about which most of the new comers are unaware.

ithink the moset important trading tool that newbies really lack isthe use of trailling stop loss . many don`t even know how to set and use trailling stop . itis anice tool tobe used when you are on atrend and unaware about its reversal..

dear friend i agree with u ap nay jinn 2 indicators ka yahaan zikar kia hay i think inn ke mutalik her user ko kam auz pata hoona chahye ye doonu indicator yaani moving everage aur rooted indicator bohat achay indicators hain ju markit ke trend ke mutalak bohat acha guide kertay hain her naye aanay aur trade kernay walay ko indicators bohat hissab say choose kernay chahyen aur accourate choose kernay chahyen taa ke koi b achi trah trade ker sakay......

Yes moving average is the best indicator to findout the trend of market but only on moving average you cant be a good trader you must have to add two or three indicator also like macd rsi cci or you can add what you better understand. because in choppy market moving average do zigzag and it vanish your premium.

mae ap ki bat se pori tarha agree arta hon ap ney jo indocators batain hain yeh bohat important hain kyun k jab tak humain yeh pata nahi chalay ga k market ka trend kya hai tu hum log kabhi b success hasil nahi kar saktay is liya yeh indecators bohat khas hain

thanks brohter ma in sub tools ka ab sa use karna start kar data hon, ya bohat kam ka sabit ho rahay han, i will keep in mind that

I think the most important trading tool that newbies really lack is the use of trailing stop loss. That is why we should only trust those which are best proven so that we will not face loss in future trades.

dear i am also user of moving average indicator it is very best thing for newbies because they can get good information about technical analysis form moving average indicator and it is also easy to use for every one..

Best trading tool is support and resistance,, which new traders do not know.
Most of them say that they traded in the direction of market but suddenly market reversed and hit SL.
Most say that their SL hit more than TP.
This is because of small bounce from support and resistances, when the trader see market going on one side they put trade but market reverse due to any support or resistance and hit their and again crosses tp.

I would suggest bollinger bands is among the best tool for a newbie to start trading. it gives the clear picture of the market and it will certainly help them to decide that how to open a position. sell when the price touch the upper band and buy when the price touch the lower band which is quite right signal to trade when the market is ranging.

there are two things important about business for new comers one to khonw about that buseness second ability tu understand and manage the business than u can carry on.