#TradingTools101 suggests that you want to start or gather basic information about the tools used in trading. Here is a short guide to the most important categories and tools for beginners:

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📊 1. Trading Platforms

This is where you execute your transactions:

• Binance, Bybit, Kraken, OKX – cryptocurrency exchanges

• MetaTrader 4/5 (MT4/MT5) – classic for Forex and CFD markets

• TradingView – ideal for analysis and charting (integrated with many brokers)

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📈 2. Technical Analysis Tools

Used to predict price movements based on charts:

• TradingView – best for chart analysis (indicators, patterns, alerts)

• TrendSpider – automatic trend and pattern detection

• ChartGPT – AI chart analysis (beta tool)

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🧠 3. Technical Indicators

Popular indicators worth knowing:

• RSI (Relative Strength Index) – detects overbought/oversold conditions

• MACD – indicates buy/sell moments

• EMA/SMA – moving averages for trend detection

• Bollinger Bands – measure market volatility

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🧮 4. Risk Management Tools

• Position calculators – calculate position size based on risk (e.g., Myfxbook Position Size Calculator)

• Stop loss / take profit – basic position protection

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🗂️ 5. Data Aggregators and Alerts

• CoinMarketCap / CoinGecko – tracking prices and projects

• DexTools / DexScreener – token analysis on DEXs

• CryptoQuant / Glassnode – on-chain data

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🤖 6. Bots and Automation

• 3Commas, WunderTrading, Pionex – trading bots with ready-made strategies

• Trading bots on Telegram (e.g., Maestro, BananaGun) – for DEXs (more risky)

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📚 7. Education and Community

• BabyPips – Forex from scratch

• Investopedia – definitions and strategies

• Twitter/X, Discord, Telegram – sources of information and signals