#TradingTools101

🔧 Important Trading Tools for Beginners:

1. Charting Platforms

To track and analyze price movements.

The most popular ones: TradingView, MetaTrader, ThinkorSwim.

2. Brokerage Firms (Brokers)

Provide trading tools and analyses.

Such as: Interactive Brokers, TD Ameritrade, Robinhood.

3. Technical Analysis Tools

Such as: RSI, MACD, moving averages.

Used to predict price movement based on past data.

4. Fundamental Analysis Tools

Analyze financial data of companies.

Tools: Yahoo Finance, Finviz, company reports from the SEC website.

5. Stock Screeners

To identify the best opportunities based on your criteria.

Such as: Finviz, TrendSpider.

6. Market News and Sentiment

To stay updated on events and trends.

Such as: Benzinga Pro, CNBC, Reddit / Twitter.

7. Paper Trading

For practice without losing real money.

Available in: TradingView, ThinkorSwim, Investopedia Simulator.

8. Bots and Programming (Advanced)

For automated trading after gaining experience.

Such as: QuantConnect, Pionex, MetaTrader Bots.

✅ Advice for Beginners:

Start with the TradingView platform and try a demo account before using real money.