Is it good to trade through TradingView? (2024)

Is it good to trade through TradingView?

Yes, I believe so. In my personal experience, it's a very useful site and a great tool in the beginning of a retail trader's journey because doing technical analysis on something like MT4 conpared to TradingView is like night and day.

Do professional traders use TradingView?

We've introduced three most comprehensive packages (Expert, Elite and Ultimate) designed specifically for Professional (Commercial) traders.

Is it possible to trade with 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 make actual trades on TradingView?

In order to have the ability to execute trades on TradingView, you must have a paid version of the platform and a funded futures trading account with Optimus Futures.

How good is TradingView paper trading?

Conclusion. Paper trading in TradingView offers a risk-free environment for traders to hone their skills and test strategies without financial repercussions. By leveraging this powerful tool, traders can gain valuable experience, refine their approaches, and ultimately improve their trading performance.

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 TradingView good for day trade?

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.

What is the best broker to use with TradingView?

What brokers use TradingView?

Popular US stock brokers like Etrade, Interactive Brokers and TD Ameritrade are supported. For forex, brokers such as Oanda, FXCM and IG Markets allow you to trade currency pairs directly on Tradingview. There is also integration for leading crypto exchanges like Coinbase, Binance and FTX.

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.

Is TradingView worth it?

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.

How many traders use TradingView?

We're TradingView, a charting platform and social network used by 60M+ traders and investors worldwide to spot opportunities across global markets.

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.

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.

How much should I pay for TradingView?

Free - Limited features but provides core charting and analysis tools. Pro - $14.95/month or $155.40/year. Upgrade for more indicators, alerts and customization. Pro+ - $29.95/month or $299.40/year.

How realistic is paper trading?

Cons of Paper Trading

These simulators also don't accurately reflect the reality of the markets, with the lows and highs and the emotion that goes along with trading. Thus, it's important to remember that this is a simulated environment as you get your trading skills in check.

Why do traders use TradingView?

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 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.

What is the minimum deposit for TradingView?

What is the minimum deposit? There is no minimum deposit required to create a TradingView account. Is TradingView suitable for beginner traders?

What do most day traders trade on?

Stocks are among the most popular securities for day traders — the market is big and active, and commissions are relatively low or nonexistent. You can also day trade bonds, options, futures, commodities and currencies. Typically, the best day trading stocks have the following characteristics: Good volume.

What is average trade in TradingView?

The sum of money gained or lost by the average trade generated by a strategy. Calculated by dividing the Net Profit by the overall number of closed trades.

Do I need a broker with TradingView?

Despite its popularity, traders can only execute trades through TradingView by connecting to a Forex broker that supports the platform.

How do I get the best deal on TradingView?

Which broker gives free TradingView?

Dhan, a leading online trading platform in India, provides access to paid TradingView charts and tools via its Tradingview broker integration. You can also use TradingView free charts on tv.dhan.co. which is an exclusive offering by Dhan that allows access to free charting features and drawing tools.

Can you trade on TradingView for free?

Yes, you can use TradingView for free, but if you want to use more than two indicators or more than one chart per layout, you'll want to upgrade to a paid plan.