#TradingTools101
š ļø **Trading Tools 101 ā Your Setup Matters More Than You Think** š ļø
Successful traders donāt rely on luckāthey use the right tools like pros. Hereās what every beginner should have in their toolkit:
š **1. Charting Platform**
TradingView is the go-to for most. Easy to use, customizable, and packed with indicators. Learn to read it like a map.
š² **2. News Alerts**
Stay ahead with real-time updates. Use apps like CoinMarketCap, Binance Feed, or Telegram bots that deliver fast news.
š **3. Indicators that Matter**
Start with basics like RSI (for momentum), MACD (for trend shifts), and Moving Averages (for trend direction). No need to overload your screen.
š **4. Trading Journal**
Track every tradeāentry, exit, reason, emotion. This is where growth *really* happens.
ā° **5. Economic Calendar**
Never get blindsided by a surprise Fed meeting or CPI release. Check key events daily.
Master your tools ā Master your trades.