#TradingTools101
📊 #TradingTools101: 5 Tools No Trader Can Do Without 🔧
Want to enhance your trading skills? Here are the TOP-5 tools that every trader should know:
1️⃣ TradingView — your must-have for technical analysis. Convenient charts, hundreds of indicators, and the ability to share ideas.
2️⃣ MetaTrader 4/5 — the classic in the trading world. Suitable for forex and CFD trading.
3️⃣ Economic Calendar (for example, Forex Factory) — don't miss important news! The influence of macroeconomics on the market is enormous.
4️⃣ CoinMarketCap / CoinGecko — for crypto enthusiasts. Keep track of prices, volumes, and market capitalization.
5️⃣ Risk Calculator — risk management is not an option, but a necessity. Calculate position size before entering a trade.
🚀 These tools will help you make more informed decisions and avoid common beginner mistakes.
💬 What tools do you use?