If you are a trader, you are probably aware of certain websites or platforms that can help you. Among them is TradingView, a portal suitable for both beginners and veterans.
What is TradingView?
For those unfamiliar with this nifty portal, TradingView is a space where you can use charting and analytical tools, and connect with like-minded traders.
This is useful for traders in Forex, Index, stock market, or even cryptocurrencies as it provides useful charts and analysis. TradingView consists of two main elements: one is a portal with charts and analysis tools, and the other is a social media platform where traders can communicate and share their knowledge.
Since it is available on all desktop and iOS devices, it strives to be a good companion for any active trader, regardless of their level of involvement.
What does TradingView offer?
TradingView has gained popularity over the past year due to its invested approach. They go beyond the basics and this can be seen in the number of charts they offer in the first place.
Platforms like these offer simple charts such as line or bar charts, while TradingView goes a step further and offers Heikin Ashi charts, hollow candles, area charts, and so on, which echo the same proactivity in the tools they offer.
So we see that he can split the markets over time in one year, 6 or 3 months. TradingView provides traders with transaction support, supply and demand analytics, market volatility, and more.
It also has some fun features for its users. For example, cryptocurrency users can collect coins.
Why use TradingView?
Among the useful features, traders often find this portal best suited for the following reasons:
- You can draw on graphs – this is especially helpful for people who learn visually. Most trading portals and tools allow some form of drawing, but this is usually very limited. For example, you can only draw vertical and horizontal lines. In this case, you can paint literally anything you want on any chart.
- You can have multiple charts on one screen – a handy tool for those who need to monitor multiple charts at the same time, this portal allows you to split your screen into multiple charts.
- You can post your ideas. The social platform on this portal helps professionals post their plans and results, which can lead to process improvements. You don’t want to show a bad idea to your colleagues.
Find people to follow on TradingView
Along with these useful tools, TradingView offers what makes it stand out in the market, according to anyone read review … Social media platform – It works like any other social media, complete with likes or promotions. This also sets TradingView apart from other platforms, and traders love to showcase their ideas, show off their results, or just chat with like-minded people.
Here you can find great traders to follow. But since more than 5 million people currently use this portal for their trade, you may get lost in your search. The profiles you will use will depend on your type of trading. You will not follow someone in Forex trading if you are into cryptocurrency trading. So naturally, this can narrow your search.
You want to follow experienced traders with solid ideas for your needs. Obviously, start by looking at the most popular profiles. They usually have a lot of followers. They will also have a lot of activity and hobbies.
Another good way to find out about the best profiles to follow is by reading the summaries of experts published online.
If you need good Forex ideas, you will most likely follow DA Capital Trading or BullandBearTrading. For some cryptocurrency ideas, you can take a look at TradingShot or IgorPorokh.
Some profiles cover more than one type of trading, while others are more specific. Formulate your group of people based on what you think is best for you.
Make sure you keep participating as well. Submitting ideas is pretty easy as all you need is one click after you’ve finished your analysis, so you can increase your accountability and use it as a driving force for better results.