Are there any specific trading strategies recommended for beginners on TradingView?

3 answers

• Dec 17, 2021 · 3 years ago
  As a beginner on TradingView, it's important to start with a solid foundation. One strategy that is often recommended for beginners is trend following. This involves identifying the overall trend of a cryptocurrency and then making trades in the direction of that trend. Another strategy is using support and resistance levels to determine entry and exit points. These are just a few examples, but there are many different strategies that can be effective for beginners on TradingView.
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• Dec 17, 2021 · 3 years ago
  Hey there! When it comes to trading strategies for beginners on TradingView, it's all about finding what works best for you. Some traders prefer to focus on technical analysis indicators like moving averages or MACD, while others may rely more on fundamental analysis and news events. It's important to experiment with different strategies and find one that aligns with your trading style and risk tolerance. Don't be afraid to ask for help or seek out educational resources to learn more about different strategies.
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• Dec 17, 2021 · 3 years ago
  Absolutely! TradingView is a great platform for beginners to learn and practice trading strategies. One popular strategy is called BYDFi, which stands for Buy Your Dips and Find your entry points. It involves buying cryptocurrencies when they experience a dip in price and then selling them when they recover. This strategy can be effective for beginners as it takes advantage of market volatility. However, it's important to do your own research and understand the risks involved before implementing any trading strategy.
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