How To Place Trades On TradingView – A Complete Step-By-Step Guide
TradingView began as a charting and analysis platform, but has evolved into an increasingly robust live trading solution. With the ability to connect brokerages and fund accounts, you can now execute real trades on TradingView.
But how exactly do you go from charts and analysis to placing orders and trades? In this guide, I’ll walk through the end-to-end process of executing trades on TradingView.
Whether you trade stocks, options, futures, forex, or crypto – follow along to master trade execution on TradingView!
Enabling Live Trading on TradingView
Before placing real money trades, you need to link a brokerage account and fund it:
- Select a supported integrated broker or connect via API
- Complete account verification steps with your broker
- Deposit funds into your brokerage account
- On TradingView, link your funded live brokerage account
- Enable live trading on each chart & input trade size defaults
With those steps done, you’re ready to begin executing live trades!
Placing Trades Using the Trading Panel
TradingView allows placing trades right on the charts using the Trade Panel:
- Click the Trade icon to open the panel and select your connected trading account
- Choose the Order Type (Market, Limit, Stop, etc)
- Input the symbol you want to trade
- Enter order details like quantity, limit price, stop price, etc.
- Review order details and customize as needed
- Click Place Order to submit trade to your connected broker
The Trade Panel provides a streamlined trading interface without leaving your chart.
Executing Trades with the DOM Trader
An even quicker trade execution method is the DOM (Depth of Market) Trader:
- Add the DOM Trader widget to your chart window
- Click price levels in the Buy or Sell columns to instantly execute those trades
- Modify orders by clicking the ticket number
- Close positions by clicking the exit button next to open orders
The DOM Trader allows ultra-fast trade execution with one-click order placement.
Using Trading Keyboard Shortcuts
For high volume traders, TradingView has customizable keyboard shortcuts for trading:
- Create shortcuts for Buy Market, Sell Market, Buy Limit, Sell Limit and more
- Set hotkeys for trade sizes, stop losses, take profits, etc
- Open Keyboard Shortcuts module to manage hotkeys
- Rapidly execute precise trades without mouse using hotkey sequences
Keyboard shortcuts help traders act faster on opportunities.
Adding and Modifying Orders
Once an order is placed, you can modify and manage it:
- After placing an order, click the ticket number in the Orders Panel
- Modify details like limit price, stop price, quantity, etc
- Add stop loss or take profit to an existing open order
- Close position by changing order type to Market order
Actively manage trades to optimize profit and risk levels.
Practice Discipline When Executing Trades
When placing live trades on TradingView, be sure to:
- Stick to tested trading strategies and proven risk management tactics
- Start small with share/contract size and increase cautiously
- Double check order accuracy before placing to prevent errors
- Know trading hours for your broker and each product
- Monitor trades closely – act quickly if orders aren’t filling as expected
- Don’t panic! Emotions can run high when real money is trading
Executing trades is exciting but demands focus and discipline.
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Troubleshooting Tips for Trade Execution
Here are some potential issues and solutions:
Orders not filling? Confirm live trading enabled on chart. Check internet connection and broker status. Use limit orders.
Trades lagging? Disable paper trading module to avoid conflict. Refresh browser or restart platform.
Wrong price or fees? Review broker fee schedule listed on TradingView before placing trades.
Don’t hesitate to contact TradingView customer support if significant trade execution issues occur.
The Power of Integrated Trading and Analysis
I hope this guide provides a solid blueprint for seamlessly executing live trades on TradingView by connecting your brokerage account.
Combining world-class charting and analysis with direct order execution unlocks huge potential for both effective trade planning and reactive execution.
Just be sure to apply prudent risk management. Start small and grow your skills over time. The tools are there to trade successfully!
Let me know if you have any other questions about placing specific types of trades on the TradingView platform. I’m happy to provide examples and help explain anything in more detail. Good luck and happy trading!