WEBVTT

00:05.720 --> 00:08.300
So what's the best trading tool to use.

00:08.480 --> 00:13.640
My favorite tool to use for performing technical analysis is trading view.

00:13.820 --> 00:17.990
I've been using this tool for stocks and crypto currencies.

00:17.990 --> 00:21.860
You can sign up for a free account at trading view dot com

00:24.510 --> 00:29.460
but I'd recommend you going for a paid plan because it allows you to set up e-mail alerts so you can

00:29.460 --> 00:33.450
get into or get out of the market at the right time.

00:33.450 --> 00:39.090
This is important especially when you want to make more profits by buying low and selling high as well

00:39.090 --> 00:41.810
as protect your money before the price drops.

00:44.360 --> 00:48.910
I personally use the pro plan which costs $15 a month.

00:49.040 --> 00:55.760
It allows me to add up to five indicators per chart five chart layouts 10 e-mail alerts with unlimited

00:55.760 --> 01:02.680
watch lists and indicator templates a free account allows you to add up to three indicators per chart.

01:02.720 --> 01:09.870
Only one watch list and only one chart lay out this can be limiting but if you're a complete beginner

01:10.050 --> 01:11.120
it's totally fine.

01:11.250 --> 01:18.070
And you can sign up for a paid plan later so using a free or paid plan depends on your trading means

01:18.490 --> 01:21.870
if you want more flexibility you can go for a paid plan.

01:22.030 --> 01:26.940
And I think it's worth it for the price of $15 a month or about 50 cents a day.
