If you are in trading, you are probably aware of the existence of certain websites or platforms that could help you. Among them is TradingView, a portal well-suited for beginners and veterans alike.
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What is TradingView?
For those unfamiliar with this nifty portal, TradingView is a space where you can use charts and analytics tools, as well as connect with like-minded traders.
It’s useful for traders in Forex, Index, stock market or even cryptocurrencies as it provides helpful charts and analysis. TradingView consists of two main elements – one is a portal with charts and analysis tools while the other element is a social media platform where traders can communicate and share their insight.
As it’s available on all desktop devices and iOS devices, it strives to be a good companion to any active trader, no matter their level of involvement.
What Does TradingView Offer?
TradingView has grown in popularity over the last year because of its invested approach. They go beyond basics, and that can be seen in the number of charts that they offer, first and foremost.
Similar platforms offer simple charts like line or bar charts, while TradingView goes a step further and offers Heikin Ashi charts, Hollow Candles Charts, area charts and so on. They repeat the same proactiveness in the tools that they offer.
So, we can see that it can divide markets over time in a 1-year time frame, 6 or 3 months’ time frame. TradingView provides support to traders with transactions, offers supply-demand analytics, market volatility, etc.
It also has some fun features for its users. For example, cryptocurrency users have an opportunity to pick coins.
Why Use TradingView?
Among its useful features, traders often feel that this portal is best for the following reasons:
- You can draw on charts – This specifically helps people who learn visually. Most trading portals and tools allow some form of drawing, but it’s usually very limited. For instance, you can only draw vertical and horizontal lines. In this case, you can draw literally anything on any chart.
- You can have multiple charts on the same screen – A handy tool for those who have to follow many charts at the same time, this portal lets you split your screen into many charts.
- You can post your ideas – Social platform on this portal helps professionals publish their plans and results, which can result in a better process. You don’t want to show a bad idea to your peers.
Finding People To Follow on TradingView
Along with these useful tools, TradingView offers something that makes it stand out in the market, according to any read review. The social media platform. It works similarly to any other social media, complete with likes or shares. It’s also what differentiates TradingView from other platforms, and traders love to show off their ideas, brag about their results or simply communicate with like-minded people.
This is where you can find great traders to follow. But, since there are more than 5 million people currently using this portal for their trading, you might get lost in your search. The profiles you’ll follow will depend on your type of trading. You won’t follow someone in Forex trading if you’re in cryptocurrency trading. So, naturally, this can narrow your search.
You want to follow experienced traders with solid ideas within your needs. Obviously, start by looking at the most popular profiles out there. These usually have plenty of followers. They will also have a lot of engagement and traction.
Another good way to learn about the best profiles to follow is to read summaries experts post online.
If you need good Forex ideas, you’ll likely follow DA Capital Trading or BullandBearTrading. For some cryptocurrency ideas, you could take a look at TradingShot or IgorPorokh.
Some profiles cover more than one type of trading and some are more specific. Formulate your group of people based on what you think will be best for you.
Make sure that you stay involved as well. Publishing ideas is quite simple, as all it takes is one click after you’re done with your analysis. You can hold yourself more accountable this way, and use it as a driving force for better results.