What are some tips for finding profitable trading strategies on trading view?

3 answers

• Nov 23, 2021 · 3 years ago
  One tip for finding profitable trading strategies on trading view is to look for strategies that have a proven track record of success. This can be done by analyzing the strategy's historical performance and checking if it has consistently generated profits over time. Additionally, it's important to consider the strategy's risk-reward ratio and its compatibility with your trading style and risk tolerance. Another tip is to leverage the community on trading view by exploring the strategies shared by experienced traders. You can find valuable insights and ideas by studying their strategies and adapting them to your own trading approach. Lastly, don't forget to backtest the strategies before implementing them in real trading. This will help you assess their performance under different market conditions and refine them to better suit your needs.
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• Nov 23, 2021 · 3 years ago
  Finding profitable trading strategies on trading view can be a challenging task, but there are a few tips that can help. Firstly, focus on strategies that are based on sound technical analysis principles. Look for strategies that utilize indicators and chart patterns to identify potential entry and exit points. Secondly, consider the timeframe that the strategy is designed for. Some strategies work better on shorter timeframes, while others are more suitable for longer-term trading. It's important to choose a strategy that aligns with your trading goals and preferred timeframe. Lastly, don't be afraid to experiment and tweak the strategies to fit your own trading style. What works for one trader may not work for another, so it's crucial to adapt the strategies to your own preferences and risk appetite.
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• Nov 23, 2021 · 3 years ago
  When it comes to finding profitable trading strategies on trading view, one approach is to leverage the power of data analysis. By analyzing historical price data and identifying patterns and trends, you can uncover strategies that have the potential to generate profits. Additionally, it's important to stay updated with the latest market news and developments. This can help you identify trading opportunities and adjust your strategies accordingly. Another tip is to consider using automated trading bots or algorithms. These tools can help you execute trades based on predefined strategies and parameters, saving you time and potentially increasing your profitability. Lastly, it's important to have a disciplined approach to trading and stick to your chosen strategies. Avoid chasing after every new strategy that comes along and focus on mastering a few proven strategies instead.
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