#TradingTools101 — Trader Tools: not just charts, but an arsenal for decision-making 🎯
Successful trading is not a game of intuition. It is a systematic approach based on a set of reliable tools.
📌 Key tools to have:
1️⃣ Trading platforms — TradingView, MetaTrader, cTrader for analysis and opening deals.
2️⃣ News resources — ForexFactory, CoinDesk, Investing.com for monitoring important events.
3️⃣ Risk calculators — help calculate position size and potential loss.
4️⃣ Bots and alerts — for automatic tracking of signals and important levels.
5️⃣ Trader journal — Excel, Notion, or specialized services for analyzing your trades and mistakes.
6️⃣ Psychological trackers — help control emotional state (Strides, journaling apps).
📈 Tools don't trade for you — but they provide clarity, control, and an advantage over market chaos.