An Overview of Trading View

by BAME NELSON MBIYDZENYUY

CHAPTER 1:An Overview of Trading ViewBefore we dive into the specifics, let’s take a look at Trading View as a whole and what you can get out of it! What Is Trading View?Trading View is one of today’s leading browser-based charting platforms.With a wide array of customization options available to users and a smooth charting experience, Trading View is elevating charting industry standards. Brokers will often provide their own charting software that is clunky, difficult to use, and severely limited in its customization options.Trading View specializes in providing a charting experience that gives traders the ability to personalize their charts. Additionally, Trading View is also a social platform for traders. You have the ability to join discussions, follow traders, and a whole host of other community driven content.There is a cost to using Trading View But for serious traders looking to improve, this is an investment to seriously consider. I will go through the different payment options available and which ones are best for you a little later in this guide.Why Should You Use Trading View?Many brokers make more money when traders lose money. That’s a fact. From their point of view, there’s no real incentive to provide traders with charts that have state of the art tools and functionality. This will only improve your trading performance, resulting in less profits for them.Why would they invest their time and money toward charting software when it would be better spent in other endeavors? Of course, not all brokers operate this way, but many do.Charting platforms, on the other hand, generate profit by providing you with the best charts available. Their whole purpose is to give traders access to as many useful tools they can think of. The better the charting experience, the more users will adopt the platform.In the end, it comes down to the businesses’ interests.Brokers are focused on enabling trade transactions and they benefit when you lose a trade. Charting platforms aim to provide the best charting experience for traders. As a trader, you obviously want to make money. Would you use a broker’s charting software if you knew it was holding you back, making you less money? No, you wouldn’t, but that’s essentially what is happening in the industry.So if you want to enable yourself to perform better, Trading View may be what you need to elevate yourself to that next level of trading. Trading View offers some of the best tools and functionality I have come across in my entire trading career.In this guide I will show you tools that I haven’t seen anywhere else online – tools that turn a 5 minute task into a 5 second task. For these reasons and more, I believe Trading View is one of the best charting platforms currently available to traders.How to Create a Trading View AccountTo create an account you can simply go to trading view and click “join for free” in the top right corner. Follow the instructions and that’s it, you’re done! You have successfully created a free account with Trading View.Unfortunately, using the free account means you will see the occasional advert. They can be annoying but they’re not too intrusive – with a paid account you won’t see any adverts.You can continue using the free account for this guide, but if you plan on using Trading View as your charting platform you will likely want to upgrade to a paid account.If you’re not sure about paying for Trading View., I highly recommend utilising the free one month trial.

3 pages, Kindle Edition

Published July 8, 2021