Hope this helps! I know there are other demo trading platforms but I’m personally a fan of TradingView (in general) & I’m not being paid/sponsored by them😜
Finally, I found the information that I wanted. I watched about 5 useless videos trying to figure out how to set the amount of risk per trade based on the account size (6:00). Thank you for the video. and info.
Hi, I understand your question, only I don't get it. I don't know the difference between pips or unit and risk. I mean for example I got a 1000 dollar account, and I want to risk 2 procent and mantain a 2/1 Risk Reward, that's a 5 dollar per trade. But what are the units mening then?.. pls explain ty
I love how detailed you are covered every question I had in this video. Anyone can make a tutorial video, not everyone is good at explaining it though. Well done.
I’m just beginning in trade by read book and looking video that help beginner how lucky that your video catch my eyes. I’m appreciate you create such great instructor video for beginner. ❤ hope my trade journey will be better. Will come back 5 months
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Flores.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Their ...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
Great video cheers mate. Just got back to Forex after a few months off and wanted to give the TV Paper Trading ago and wanted a quick tutorial. Easily explained and easy to understand. Thanks
Great video!! you are a good teacher. this is a nice video for a newbie like me in trade. I just learned a lot details, like how to use the tools and and sell. once again thanks you.
You need to form a plan & learn to follow your plan on a live account. Again, as mentioned in the video, it doesn’t mean to despot your life savings but to invest an amount of money that you will treat seriously, but not soo much that it will ruin your life if you lose it
Can you make video on how to enter on trades with signals like some zone is given in btc 56800-59000 and tp1 2 3 and sl is given what s the right method to plCE TRADES
Thanks for the informative video. I'm curious as to what the pros and cons are of trading in the stock market vs forex. I've done a quick overview, but after spending several months in the stock market (majority in penny stocks) and getting a majority of my education of forex examples, I would like to see how I could do in the forex market. I like how the charts look more fluid and not as jumpy compared to penny stocks, although I still enjoy trading it. I know that there are certain concepts that can be applied across the markets, but my account for trading stocks doesn't allow me to short and I dont plan on changing it atm. Especially since we could potentially be heading into a bearish market in the near future, I'm more particularly interested in forex right now.
The forex market definitely has more liquidity but it’s decentralized, meaning that we don’t know the exact metrics of how much liquidity is present throughout it. This is also why the volume or order flow is different in Forex vs the stock market & different fundamental catalysts will affect the forex market compared to stocks. In forex, it’s the exchange rate between currencies so it mostly comes down to economic reports like unemployment, interest rate decisions, etc. Market manipulation still exists, technicals are still very similar, Although, there are a lot more shadier forex brokers, from what I’ve seen, just based on the decentralization of it all.
Right I understand (for the most part) how to use trader view but something I’m trying to figure out is let’s say I start with a small account can you use leverage to boost your position size ? Otherwise I’d be entering trades where my take profit wouldn’t even be worth trying to attain ie around £20 or whatever hope this makes sense haha I’m quite new as you can probably tell.
If you're in the forex and have perfected your strategy via paper trading, then buy a prop firm challenge and get massive leverage over a simple personal brokerage account. Use.prop firm match to find the best fit for you.
hello matt fxs where I can find and set xleverage on this paperview in tradingview? and it does have isolate and cross so I can actually my risk management and disipline on the real money thanks
Good day. Thank you for the video. what setup should i change if i place a trade but i cant see and adjust the take profit / stop loss lines? Thanks in advance.
i don't understand commission settings. You showed how to edit it and said it was like the real thing but i don't understand what it is or means. Sorry I've only ever traded crypto from kucoin exchange. Never ran across anything called commissions. Looking into this to swap from crypto to stocks. Thanks for any responses.
Hi Matt, thank you for the great video! I was wondering do you know how to get rid of the buy and sell arrows after you have placed a trade? They just stay there and they start to cloud up my chart so I want to get rid of all the old ones. If anybody knows how to do this I would love to help! Thanks so much!
Hi Matt! Complete beginner with trading. Really embarrassed to be asking, but in this video you showed us that you could sell the shares, risk/reward ratio and such. Maybe i'm just inexperienced, but i'm trying to learn more. As a start, wouldn't you need to have that amount of shares first? in order to sell? Thank you!
Yeah it depends which market you’re trading. With stocks to sell, you buy stocks from a lender, sell them, & then buy them back at a cheaper price (if it does drop) in order to give them back at a profit. It’s a lot riskier tho because if the stock keeps rallying then u owe the difference
Excuse my ignorance, when placing a trade, what does unit of reflect, i have issues how i understand things with numbers everything else i am fine with
how do you use drag for the order shown as graph, and just automatically convert it into a order? it's confusing able to see a graph quickly, then entering the numbers separately. what about short and long? there's a graph, but how do you do that as order?
i am using a free account on trading view. On paper trading, there is nowhere the button '' reset paper trading account''. May I have to pay trading view first ?
Hello! Please help I want to set default setting for my stop loss to always be 1% Example, use the long/short tool to set your entry, sl and tp. Right click and put limit order, now everything you need is in there automatically EXCEPT risk. If i do FX the risk is crazy by default, like 100-1000 Etc. Please, how do i change this default? I cant find anything anywhere about this
@@musaug1943 they have a rewind feature, but for intraday timeframes it’s a paid version. There are also other apps like TOS that have auto backtesting, if that’s what u mean
hi, nice your video.Pls help with close partially , if I do the same as you say in video min 8;33 all position close withouut asking, what can I do? thank you
I think it's cause of the take profit to stop loss ratio, could be that the take profit is so much more than the stop loss, I'm not sure tho ( kinda beginner too)
bro i want to know how to fucin buy and sell not setting it up when are these youtubers going to actually make a video on something that actually helps
Hope this helps! I know there are other demo trading platforms but I’m personally a fan of TradingView (in general) & I’m not being paid/sponsored by them😜
Thanks! Huge help!
@@iankerr526 no problemo
Very nice! thank you and God bless!
I just got a trading view account I don’t see paper trading in there
how did you make your backround black?
Finally, I found the information that I wanted. I watched about 5 useless videos trying to figure out how to set the amount of risk per trade based on the account size (6:00). Thank you for the video. and info.
Hi, I understand your question, only I don't get it. I don't know the difference between pips or unit and risk. I mean for example I got a 1000 dollar account, and I want to risk 2 procent and mantain a 2/1 Risk Reward, that's a 5 dollar per trade. But what are the units mening then?.. pls explain ty
I love how detailed you are covered every question I had in this video. Anyone can make a tutorial video, not everyone is good at explaining it though. Well done.
You look like that Austrian terminator in your new thumbnail to me for some reason
Haha I’ll be back😎
I’m just beginning in trade by read book and looking video that help beginner how lucky that your video catch my eyes. I’m appreciate you create such great instructor video for beginner. ❤ hope my trade journey will be better. Will come back 5 months
Glad it was helpful!
@@matt_fxs , I need one time 1-1 training , could you please help ?
Thank you. Clear and uncluttered. I like it and will listen again.
Thank you! I'll just use this to remove novelty of trading.
Awesome video! It would be awesome to see some more detailed video on the EMAs that you use and the strategy implemented for them 💪🏽
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Flores.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
Their
...services are very genius and experienced in the market for over a decade and counting, they changed my life from a poor plumber to a better and middle class family man with 2kids.
You trade with Katherine Flores too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Thank you so much Matt, your channel is amazing
Thank you💪🏼
Thanks for this great video. It was very useful.
Great vid Matt!
It was awesome, extremely instructive, clear, precise & concise.
Great video cheers mate. Just got back to Forex after a few months off and wanted to give the TV Paper Trading ago and wanted a quick tutorial. Easily explained and easy to understand. Thanks
Great video!! you are a good teacher. this is a nice video for a newbie like me in trade. I just learned a lot details, like how to use the tools and and sell. once again thanks you.
Thank you 👍👍
It's 2024 now, i can invest money thank you very much for your information.
Thank you so much Matt for the video it was on point keep up the good work.
Glad to help💪🏼
Great video, my friend... precise, to the point and made my understanding better by the simple explanation. Thank you from my heart.
It means a lot🙏🏼
@@matt_fxs Yeah, I was taking notes when you explained about 3 types of trading..instant execution, stop trading, ect
I like the way you explain this video.
Thanks Very Much for Sharing Such A Great Inclusive To-The-Point- Tradingview Demo Account Tutorial Video
Very helpful. Thank you!
Are stop orders like conditional orders? Can you show an example of placing such orders? I.e. "buy or sell if the price moves beyond a certain level".
Thanks for sharing this video
My pleasure
Great informative video, well done!
Thanks for going in-depth with this subject , much needed .
very nice and informative!! I needed that, slow and easy,, now how about back testing using the demo account??
best explaination thank you!
TWO YEARS LATER , THANKS MAN
This was very very helpful! Thanks Matt ..
No problem!
Emotions are not involve in paper trading.
How one can get control on emotions while actual trading.?
You need to form a plan & learn to follow your plan on a live account. Again, as mentioned in the video, it doesn’t mean to despot your life savings but to invest an amount of money that you will treat seriously, but not soo much that it will ruin your life if you lose it
how to change paper trading leverage?
Can you make video on how to enter on trades with signals like some zone is given in btc 56800-59000 and tp1 2 3 and sl is given what s the right method to plCE TRADES
Thanks for the informative video. I'm curious as to what the pros and cons are of trading in the stock market vs forex. I've done a quick overview, but after spending several months in the stock market (majority in penny stocks) and getting a majority of my education of forex examples, I would like to see how I could do in the forex market. I like how the charts look more fluid and not as jumpy compared to penny stocks, although I still enjoy trading it.
I know that there are certain concepts that can be applied across the markets, but my account for trading stocks doesn't allow me to short and I dont plan on changing it atm. Especially since we could potentially be heading into a bearish market in the near future, I'm more particularly interested in forex right now.
The forex market definitely has more liquidity but it’s decentralized, meaning that we don’t know the exact metrics of how much liquidity is present throughout it.
This is also why the volume or order flow is different in Forex vs the stock market & different fundamental catalysts will affect the forex market compared to stocks.
In forex, it’s the exchange rate between currencies so it mostly comes down to economic reports like unemployment, interest rate decisions, etc.
Market manipulation still exists, technicals are still very similar, Although, there are a lot more shadier forex brokers, from what I’ve seen, just based on the decentralization of it all.
@@matt_fxs Thanks for the explanation.
preciate it bro
I’m new and at the top it’ll not let me put in 100 000 it’ll let me do 1000 and etc but just not that do you know what would be wrong
Good bro keep up
This is such a great video but idk when to buy and sell
Ok. Great video but could you please say how i set the time for a trade. So i want my trade to be executed at a given time.
Right I understand (for the most part) how to use trader view but something I’m trying to figure out is let’s say I start with a small account can you use leverage to boost your position size ? Otherwise I’d be entering trades where my take profit wouldn’t even be worth trying to attain ie around £20 or whatever hope this makes sense haha I’m quite new as you can probably tell.
If you're in the forex and have perfected your strategy via paper trading, then buy a prop firm challenge and get massive leverage over a simple personal brokerage account. Use.prop firm match to find the best fit for you.
would you please let us know how to change leverage in paper trading trading view ,thank you
thanks bro the video im looking for
Great helpful video.
What’s it’s units? It’s the money you want to put ?
Please I got a question. How can you add on leverage on paper trading? it's usually 1:1, how can I make it 1:10?
thx mate
i cant cnahge the balance there is no option
hello matt fxs where I can find and set xleverage on this paperview in tradingview? and it does have isolate and cross so I can actually my risk management and disipline on the real money thanks
Good day. Thank you for the video. what setup should i change if i place a trade but i cant see and adjust the take profit / stop loss lines?
Thanks in advance.
i don't understand commission settings. You showed how to edit it and said it was like the real thing but i don't understand what it is or means. Sorry I've only ever traded crypto from kucoin exchange. Never ran across anything called commissions. Looking into this to swap from crypto to stocks. Thanks for any responses.
I don’t understand this unit thing tbh, is a unit the amount of one share ? But that wouldn’t be possible because he has a balance of only 5000.
Hi Matt, thank you for the great video! I was wondering do you know how to get rid of the buy and sell arrows after you have placed a trade? They just stay there and they start to cloud up my chart so I want to get rid of all the old ones. If anybody knows how to do this I would love to help! Thanks so much!
4:46
great video, does it work in replay mode?
When I click "Trading panel" it's just empty. There are no icons or options to pick.
Try restarting your browser or tradingview. Very odd that this would occur
Hi Matt! Complete beginner with trading. Really embarrassed to be asking, but in this video you showed us that you could sell the shares, risk/reward ratio and such. Maybe i'm just inexperienced, but i'm trying to learn more. As a start, wouldn't you need to have that amount of shares first? in order to sell? Thank you!
Yeah it depends which market you’re trading. With stocks to sell, you buy stocks from a lender, sell them, & then buy them back at a cheaper price (if it does drop) in order to give them back at a profit. It’s a lot riskier tho because if the stock keeps rallying then u owe the difference
Excuse my ignorance, when placing a trade, what does unit of reflect, i have issues how i understand things with numbers everything else i am fine with
What's a realistc comission on 160 USD
Is the price real-time or lagging in the Paper Trade?
Real time depending on the chart that you’re looking at. Some of them require us to purchase live market data so that we don’t get delays
does TV has a leverage multiplier?
how do you use drag for the order shown as graph, and just automatically convert it into a order? it's confusing able to see a graph quickly, then entering the numbers separately.
what about short and long? there's a graph, but how do you do that as order?
i am using a free account on trading view. On paper trading, there is nowhere the button '' reset paper trading account''. May I have to pay trading view first ?
same problem
Hi. That great but I want to chang the Unites to lot how?
I have a problem where I’ll take profit and for some reason the app changes my position as if I lost can anyone help me figure out why?
I need to know about the website or app through which we can do paper trading😭😭
I wanted to know if I can print out graphs or reports on my trades in TV with a free acct
Is papertrading the only broker that uses virtual money
Do we need to do multiple timeframe analysis on paper trade account on trading view
Today is 29.03.2024 soo se youuu at the next yeaar remember me ❤
Can I do replay and paper trade?
Thank you dear
Welcome
how to change LEVERAGE ?
thank you
can someone tell me which charts are these, with the moving average lines. How to set it up step by step. Thanks in advance
Everytime i try to order it tells me "order rejectet" and i cant do anything.
Hello! Please help
I want to set default setting for my stop loss to always be 1%
Example, use the long/short tool to set your entry, sl and tp.
Right click and put limit order, now everything you need is in there automatically EXCEPT risk. If i do FX the risk is crazy by default, like 100-1000 Etc.
Please, how do i change this default? I cant find anything anywhere about this
Why does an order entry sometimes come so close to a stoploss?
Can’t paper trade is it banned now or do I have to pay??
I don’t see the option to change my lot size
Please how i Can select that i want to go to trade only with 50% off account . Or when i want put 100% account. Where to selcet this pls ?
Hey, on the bottom right you will have a “order panel”. It’s next to the DOM. In there you can modify risk %
@@matt_fxs thx , then when i put 100% im in trade with 100% of my account ? Or its like stoploss? When i put 10% i have 10% stoploss
@@jozeftkac7859 Your risk is what's based off of your entire account.
A 10% risk is risking 10% of your account.
@@matt_fxs then i dont need to set stoploss ? Just set how much ,% to risk and IT work like stoploss and set TP then
How about bactesting for free ?
Is it possible
@@musaug1943 they have a rewind feature, but for intraday timeframes it’s a paid version. There are also other apps like TOS that have auto backtesting, if that’s what u mean
I cant change quantity, i have only spread
hi, nice your video.Pls help with close partially , if I do the same as you say in video min 8;33 all position close withouut asking, what can I do? thank you
Does papertrading use your real money or is it just, what would happen if you were to have it?
how do you adjust leverage?
Which app r u using
wait how did you enable leverage option?
Where can I chose call or put ?
Couldn’t even find where tf it said trading panel
how can you change the leverage?
How can the trade value be worth 59k if you only have 5k
I think it's cause of the take profit to stop loss ratio, could be that the take profit is so much more than the stop loss, I'm not sure tho ( kinda beginner too)
how to change leverage ? its only 1x showing??????
Only downside is you can't make ANY trades under a 1.00 lotsize 😑
1:12 cant find it anymore why?
How come yours is showing pips mine is showing ticks
It depends on the market. Pips is usually in forex
How can I trade options?
2:29 what is a unit?
Why your TradingView looks different from mine?
The is from a year ago so maybe it was updated
is this acct still live?
still can't find it
bro i want to know how to fucin buy and sell not setting it up when are these youtubers going to actually make a video on something that actually helps
"Paper trading can only be done on symbols for which you have access to real-time data" its not for free to trade demo on trading video anymore
The water was cold....its not a micro account.