#TradingTools101

Trading Tools 101:

To start trading, you’ll need key tools:

1. Charting Platforms – For technical analysis. Popular ones include TradingView and MetaTrader.

2. Broker Platforms – To place trades. Examples: TD Ameritrade, Interactive Brokers.

3. News Feeds – Stay updated with economic and market news (e.g., Bloomberg, Reuters).

4. Economic Calendars – Track important data releases (e.g., interest rates, jobs reports).

5. Screeners & Scanners – Find trading opportunities based on set criteria (e.g., Finviz).

6. Risk Management Tools – Calculate position size, stop-loss levels, etc.

These tools help traders analyze markets, make informed decisions, and manage risk effectively.