Can you make money using TradingView? (2024)

Can you make money using TradingView?

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Can you make money from TradingView?

As a TradingView affiliate, you can earn commissions for every user who upgrades to a Pro account using your referral link.

Do professional traders use TradingView?

TradingView isn't just for beginners, many professional traders utilize the platform as well. They appreciate its performance, coverage of hundreds of exchanges, comprehensive trading tools, and the availability of resources like news, education, and trade ideas.

Is it worth trading on TradingView?

For active traders, TradingView premium can certainly be worth it. The key premium features like advanced alerts, more indicators, backtesting, enhanced analytics, and screeners give you an information edge in analyzing the markets and executing trades.

Can you make trades from TradingView?

On TradingView you can trade CFDs, forex, stocks and Crypto FX. Click on the relevant icon below to see full pricing information and trading conditions.

Can you use TradingView to buy and sell?

Placing a Trade | How to Create Limit Orders, Stop Losses, and Profit Targets on TradingView. Once you click on Buy or Sell (1), prompting the execution window to open, you can then adjust the parameters of your trade prior to executing it (2). Let us walk you through the individual parameters step by step.

Which is better investing or TradingView?

In conclusion, both TradingView and Investing.com have their own strengths and weaknesses. TradingView is particularly favored for its powerful charting capabilities, customization options, active social trading community, and various subscription plans catering to different needs.

What are the disadvantages of TradingView?

You'll Need To Have 2 Platforms At All Times

TradingView by itself isn't a trading platform through which you can place trades. While it is true that TradingView associated with some brokers like Oanda and FXCM, in most cases you won't be able to enter your trades from the charting platform itself.

Is MetaTrader better than TradingView?

MetaTrader also has a social component, but it is not as robust as TradingView's. In terms of order execution, both platforms offer fast and reliable trade execution. However, some traders may prefer MetaTrader's one-click trading feature, which allows them to quickly enter and exit trades with just a single click.

Is TradingView better than thinkorswim?

TradingView is better for crypto trading. It has specific tools for crypto like Renko charts, crypto screener, and charting for thousands of crypto pairs. Thinkorswim mainly focuses on stocks, options and futures.

Do I need a broker for TradingView?

Do I need a broker for TradingView? Yes, you'll need a broker that supports TradingView integration if you want the ability to execute trades, track your orders, and/or manage your positions from within the TradingView platform.

Is TradingView good for beginners?

TradingView is perhaps the best platform today to get started in the world of trading. Although TradingView can be used by both beginners and more experienced traders, its intuitive interface and numerous tools make it especially useful for those who are just starting in the trading world.

Why is TradingView so popular?

TradingView is primarily used for financial market analysis, offering advanced charting tools, technical indicators, and social networking features to help traders and investors make informed decisions across various asset classes such as stocks, forex, commodities, and more.

What is the best broker to use with TradingView?

With over 1,200 tradable instruments, low spreads, multiple trading platforms, and tools, Pepperstone is a top TradingView broker to consider.

What is the best day trading platform?

Can you sell TradingView scripts?

In order to protect our users, we expect vendors selling access to invite-only scripts to do so via public scripts only, which moderators analyze. If you publish invite-only scripts privately and sell access to them, you face the risk of a permanent ban.

Can I connect Robinhood to TradingView?

You will need to open a TradingView account separately to be able to connect your brokerage account to TradingView.

Which broker gives free TradingView?

Is TradingView free to use? Integration is completely free ‌for FXOpen clients, you'll just pay your normal trading costs, like commission when trading.

What are the most profitable indicators on TradingView?

The CARNAC Elasticity Indicator (EI) is a technical analysis tool designed for traders and investors using TradingView. It calculates the percentage deviation of the current price from an Exponential Moving Average (EMA) and helps traders identify potential overbought and oversold conditions in a financial instrument.

What is risk in TradingView?

The risk to reward ration is exactly as the word says : The amount you risk for the amount you could potentially gain. NOTE that your risk is indefinite, but your gains are not guaranteed. The risk/reward ratio measures the difference between the entry point to a stop-loss and a sell or take-profit point.

Why do people use MT4 instead of TradingView?

MetaTrader 4 is built for forex and has been a favorite of traders since its inception in 2005. The platform's analytical capabilities and automated trading systems provide fast and stable order execution. This speed and reliability has allowed MT4 to retain its relevance even among newer platforms like TradingView.

Should I trade on TradingView or MT4?

Conclusion: Embracing the Right Trading Platform

MT4 is a reliable and user-friendly platform for beginners and experienced traders, while TradingView is a powerful tool for technical analysis and social trading enthusiasts.

Who is the competitor of TradingView?

We have compiled a list of solutions that reviewers voted as the best overall alternatives and competitors to TradingView, including eToro, MetaTrader 5, Binance Broker, and E*Trade Web Platform. Have you used TradingView before?

Can TradingView be used for day trading?

Day trading on TradingView can be rewarding if approached with the right strategies and mindset. Always prioritize risk management, stay disciplined, and continuously adapt your approach to evolving market conditions.

How can I practice trading without money?

Paper trading, also known as simulated trading, is a method of practicing trading without using real money. It involves keeping a record of hypothetical trades on paper or in a trading simulation program.