In this YouTube tutorial, Sierra China Randa provides a complete beginner’s guide to the Trading View website with a focus on technical analysis, charts, indicators, news, and strategies. She warns viewers about scammers and offers tips on how to sign up for an account. The home page is divided into a social media-like section on the left and a market summary section on the right, which includes indices, currencies, futures, commodities, cryptocurrencies, and bonds.
A Beginner’s Guide to TradingView Website: Everything You Need to Know
Introduction:
In this serious and informative video, Sierra China Randa introduces beginners to the world of TradingView, a website that features technical analysis, charts, indicators, and strategies for traders. Sierra emphasizes that she is not sponsored by TradingView and this is her personal recommendation. She also urges viewers to be aware of scammers on her comments section, and to only trust her verified account.
How to Open an Account:
Sierra guides viewers through the process of opening an account on TradingView, starting with entering email credentials and choosing a username. The homepage comes with various features and sections that help traders stay informed and plan their trades.
The Homepage Overview:
Sierra explains that the TradingView homepage is divided into sections, with the left side of the screen featuring “social media”-like content for idea sharing about various stocks and trading ideas. The right side of the screen comprises the market summary, which contains indices, currencies, futures, cryptocurrencies, interest rates, and bonds. Sierra encourages viewers to explore the market summary to gain insights into global markets and currencies.
Market Summary:
Sierra explains the details of the market summary section, which includes a variety of indices from all over the world, including Nifty and Sensex. She highlights the importance of checking how global markets are performing to guide trading decisions. The section also features currencies, futures, commodities, and interest rates. Viewers can get a snapshot of how different currencies are performing against the dollar, which is essential knowledge for trading in different markets. The section also provides insights about futures related to commodities, including energy, agricultural, and metal commodities.
Cryptocurrency:
Sierra discusses the trending topic of cryptocurrencies and shows how viewers can stay updated on the latest trends and news on TradingView. The section includes bitcoin, ethereum, and many other cryptocurrencies. Sierra emphasizes the importance of staying updated on cryptocurrencies, which are quickly becoming an essential aspect of trading.
Watchlist:
Sierra guides viewers through the watchlist section, which lists stocks that traders can monitor and track. The section features various simple indicators, Bitcoin/cryptocurrency indicators, Forex ideas, and other educational ideas. Traders can also post their comments and ideas on this section.
Charts:
Sierra walks viewers through one of the essential features of TradingView – charts. Charts comprise various aspects, including the time frame, style, indicators, and drawing tools. Sierra demonstrates how to change the time frame, alerts, and adding indicators.
Trading Ideas:
Trading ideas is a fascinating section that Sierra introduces viewers to, and it’s one of the areas where traders share their opinions and ideas. You can see what people think about specific stocks, currencies or commodities. This helps traders to get insights on trades.
Screener:
The Screener is another feature worth mentioning, which allows traders to filter stocks based on specific technical indicators, fundamental data, and performance.
Summary:
Sierra concludes the tutorial by summarizing the various features of TradingView, including Market Summary, Watchlist, Charts, Trading ideas, and Screener. She urges viewers to start their journey and explore how TradingView can help them in their trading decisions. Finally, she concludes by thanking viewers and wishing them all the best in their trading journey.