#TradingTools101 What does a trader need for effective work?

In the world of trading, the right tools are 50% of success. Here is the basic set without which you cannot do:

🔍 1. TradingView - your market map.

Ideal for technical analysis: charts, indicators, patterns. A lot of customization, convenient to monitor several assets simultaneously.

📈 2. MetaTrader 4/5 - the classic of the genre.

Used for trading in Forex, CFDs, indices, and commodities. Simple functionality, rich selection of robots and experts.

🧠 3. Sentiment Tools (for example, Santiment / Coinglass)

Analysis of market sentiment: greed, fear, open positions. What shows what the crowd thinks.

⚙️ 4. Risk Management Calculator

Without risk management - money disappears instantly. Calculate position size, stop-loss, and take-profit wisely.