Commenting about TradingView.
Originally Posted On Publish0x
"There is no single market secret to discover, no single right way to trade the market. Those looking for the one right answer to the markets have not even gone so far as to ask the right question, let alone get the answer. correct" | Jack Schwager
Simple for beginners, but powerful for experts in technical analysis, TradingView has all of the tools to publish and visualize trade ideas. When you are on the site, you have the choice to either begin with the charting tools, or browse the trading ideas and scenarios. TradingViews charts and pricing analysis menu is cutting-edge, and there is not much that cannot be done using the tradingViews suite of charts, as we shall see.
"My attitude is that I always want to be better prepared than anyone I'm competing against. The way I prepare is by doing my job every night" | Marty Schwarz
The short answer is that you can either use TradingView for your trading, or you can just use TradingView for the charting aspects. The other alternative is to use another brokerage, such as Interactive Brokers, and trade with that brokerage, but use TradingView as your charting platform. There are traders who use TradingView for just charting, there are traders who use the platform for chatting and trading.
"The market can stay irrational longer than you can stay solvent" | John Maynard Keynes
Most traders strictly use the platform to graph, and choose to trade using a different platform or a brokerages platform. Over 15 million active users log into TradingView every month to view charts and to trade stocks, futures, and forex. TradingView was released in June 2012 as a social platform for active traders, and features its own scripting language which allows users to customise charts and indicators.
TradingView now has a desktop platform, while other trading tools have grown in quantity and quality. It has a public chatroom within its platform, which allows traders to communicate with one another. Using a Community tab in both its browser and desktop platforms, you can look up trading ideas.
"If most traders learned to sit on their hands 50% of the time, they would make a lot of money" | Bill Lipschutz
TradingView is the first place that any new trader should head if they are looking for a simple, easy-to-use graphing platform. Whether you are actively trading or simply curious to see how the markets are doing every now and then, TradingView is an amazing tool that can be used for researching, charting, and monitoring stocks that you like. Users can explore new concepts, study market fluctuations, potential chart results, interact with other traders, communicate, ask questions, and practice trades using the TradingView platform on any device.
All of your saved changes, notifications, charts, and technical analyses that you started with on the TradingView platform are automatically available on a mobile device via the app. When you are in a chart, users can add a list of stocks to a watchlist, view live rates, set alerts when conditions are met, read stock-related headlines, and read comments and discussions. As with descriptions, links to TV shows and snapshots do not need to use [chart]...[/chart] tags; you can just paste a link into the comment, which will render it as an image.
"When in doubt, get out (of the market) and get a good night's sleep. I've done that many times and the next day everything was clear… While you're in it you can't think. When you get out, then you can think clearly again" | Michael Marcus
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"You will ask yourself: And if I take a risk and lose...? I will ask you: AND IF YOU RISK AND WIN? Success begins with thought, because sooner or later the man who wins is the one who believes he can do it. Do not be afraid of mistakes or failure, winners are not afraid of losing, losers are, in most cases the risk comes from not knowing what you are doing, so trust yourself, learn, be patient, manage your emotions and above all, enjoy the journey, what the wise man does at the beginning, the fool does at the end" - Anonymous.
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Author's Note: The opinion expressed here is not investment advice, is provided for informational purposes only, and reflects the opinion of the author only. I do not promote, endorse or recommend any particular investment. Investments may not be right for everyone. Every investment in the market and every trade you make involves risk, so you should always do your own research before making any decision. I do not recommend investing money that you cannot afford to chair, as you could lose the entire amount invested.
