📊 #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 that is indispensable:

🔍 1. TradingView — your market map.

Perfect for technical analysis: charts, indicators, patterns. Lots of customization, convenient to monitor multiple assets simultaneously.

📈 2. MetaTrader 4/5 — the classic.

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

🧠 3. Sentiment Tools (e.g., Santiment / Coinglass)

Market sentiment analysis: 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.

📲 5. Alerts & Bots (e.g., 3Commas / TradingView Alerts)

Automate part of the processes. Signals, chart monitoring, and even auto-trades — all under control.

💬 What is your favorite trading tool? Do you want a detailed guide on any of them? Write in the comments!

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