Paper Trading Tutorial: Live Examples on TradingView

Step into the world of trading with our Paper Trading tool, created for both novice and experienced traders. Our Paper Trading tool creates a risk-free environment to practice, test your trading strategies, and deepen your market knowledge without putting real money on the line. Think of it like a video game, but for trading.
This video was created and produced by our Head of Trader Education - Stef: tradingview.com/u/scheplick & / scheplick
Practice, practice, practice!
What's Inside This Video?
Introduction to Paper Trading: Discover what paper trading is and why it's a critical step for anyone looking to enter the financial markets.
Getting Started with TradingView's Paper Trading Tool: A step-by-step guide on how to set up your paper trading account and start trading with virtual funds.
Benefits of Paper Trading: Learn how practicing with a paper trading account can help you understand market dynamics, refine your trading strategies, and improve your decision-making skills without the stress of real losses.
Realistic Trading Environment: Explore how TradingView's Paper Trading tool mirrors real market conditions, providing you with a valuable learning experience.
Tips for Effective Paper Trading: Strategies for maximizing the benefit of your paper trading experience, including how to set realistic goals, track your progress, and simulate a genuine trading mindset.
Why Paper Trading is Essential for New Traders: Insights into how paper trading can lay a solid foundation for your trading career, helping you to avoid common pitfalls and build confidence.
Our Paper Trading tool is your first step towards becoming a proficient trader. By simulating real trading conditions, it provides an invaluable platform for learning, experimentation, and growth.
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[@tradingstrategycourses]

Thank you so much, TradingView, for this insightful tutorial on paper trading! 🌟 Your live examples truly illuminate the significance of practicing trading strategies without financial risk. Paper trading is an invaluable step for both beginners and seasoned traders to refine their skills. Fantastic video and excellent work! 👏💡

[@Jacqueline-jw]

thanks for the walk-though! very helpful for beginners.

[@TradingView]

You're welcome! That's the goal of our channel. Please stay subscribed as more is on the way.

[@Mikhail_Sorokin]

Clear and useful, thank you! 🤝

[@chomphunuchcredland2036]

this is great for beginners like me. thank you so much .

[@TradingView]

You're welcome and more videos are coming!

[@alleyjoy2307]

AMAZING! Thank you so much

[@TradingView]

Glad you like it! More tools on the way! We'll release a video here when they're ready

[@Mohammedlayeeq..]

Mashallah very good analyse

[@teresialikuwale737]

Very usefull and majority of chart features explained. I tried do find a you tube to explain all these but couldnt i have found the right one. Where do we put the amount of capital we need to start with? Account balance. Why some people trade using so many timeframes if so do we work on the chart closet to the right only or do we keep clicking inside all the other timeframes?

[@rahginijackson3168]

Hi, thank you, for teaching. Have a good day. 😊

[@TradingView]

Glad you enjoyed this video! We have more educational updates coming so stay subscribed.

[@blackforestguy5002]

Very good explanation, thanks :)

[@TradingView]

You are welcome!

[@StockUnlockOG]

Great Tutorial --- Thanks

[@TradingView]

Glad it was helpful! And please stay tuned for more. We are always uploading helpful videos here.

[@user-ql7og2km2p]

Thank you, this is great for me. Can you tell me if it is possible to somehow export trading journal info to an accounting ledger for tax purposes, if so can you do a video on this?

[@Lookatthatqq]

Can you go into detail about how the closing of a position works, and why it does what it does?

[@julieholbrook8001]

Thanks for such a great video on both TV and paper trading. Does TV have all of these options on their free live trading platform?

[@TradingView]

Paper trading has all of these tools for ALL members! And if you use a connected broker, you can also access these tools.

[@teresialikuwale737]

So you have shown how to use buy button when do we use the sell button?

[@siddharthjain6629]

Sir is it available in India as i am not able to use paper trading in trading view for NSE and BSE Stocks and Future For USA stocks it works good. Can you please look in the matter and help me as i want to learn stock market using Paper Trading. It was and amazing video

[@JohanZahri]

Hi, how do I place a multiple partial take profit orders on a trade position?

[@GX-441]

Thanks

[@insumantra]

Permission to ask, If I want to trade 1 lot of a currency pair (not shares) for example EURUSD, how many units should I enter? Thank you

[@skyabdig4893]

this is really helpful... Thank you T*/

[@TradingView]

Glad it was helpful! Many more on the way, so stay subscribed.

[@wallyg8020]

Can you subscribe from tradingview to get the dom or you have to have it from your broker?

[@asyraaafs]

Hi, can this paper trade feature be used when replay mode is on? I ask this because the buy/sell on replay mode is not recorded in paper trade “portfolio”

[@iosifzacharopoulos733]

Great Video

[@TradingView]

Thanks! The best part: we upload videos every week. Please stay subscribed.

[@mtech5314]

While paper trading provides valuable practice, how can one transition from being a proficient paper trader to becoming a successful live trader in the real market?

[@TheAdamislam]

Isn’t it obvious

[@hiteshdhawan6496]

Hey there, I have question regards paper trade Why it's not working on NSE SYMBOLS. it's showing prompt that this symbol is non tradable. When will u guys uplifting the restrictions on NSE symbol and why you put many beginners in this situation reply ASAP. thanks

[@erenks1505]

You should add the option to trade without a spread.

[@tradingstrategycourses]

Ah, trading without a spread, the dream of every trader! 😄 Imagine stepping into a world where spreads are just a myth, like unicorns or calorie-free chocolate. While it sounds as magical as finding a pot of gold at the end of a rainbow, it's a bit tricky in the real world of trading. But hey, a trader can dream, right? 🌈💼 Maybe one day we'll crack that code, and until then, we'll keep navigating the waves of the market with our trusty spreads as our compass. Happy trading! 🚢💹

[@teresialikuwale737]

What is a spread

[@ovaisahmed185]

Spread is the difference price between buying and selling…! ❤

[@Auguxtyn_Cheremeh]

Great tutorial. But can i know how i can reduce the size of my cross cos it's a bit huge for my liking

[@TradingView]

Options data is coming... www.tradingview.com/options/

[@AnimeTown23]

Is someones candles behind the actual price line on the 1m chart?? How do you solve that??

[@icaras12x87]

I'd LOVE to use tradingview to trade but the chart is just too slow

[@jack_sparrow1049]

Hi, I have been using T.V for about 4 Years. By any chance will T.V and charts of "Options of NSE and MCX (India)"? Although some Brokers partnered with T.V provide charts for options but. Custom Pine indicators are mising (Which is the most usefull feature of Tradingview ❤)

[@TradingView]

Check it out: www.tradingview.com/options/

[@simplymeah8047]

hi, i did a Limit order at a certain price, but it is executing immediately before the Limit price. anyone encounter this?

[@Lichkai]

Awesome charts to the Moon 100k btc sale 😅😊

[@cyatophilumfr]

Can we connect alerts to paper trading ? As in paper automated trading

[@Will-sl8gt]

Yes u could

[@ameliaturek8419]

Can i use trading view to trade on my ipad? Or is it best on a laptop/desktop?

[@SirJamesPlayz]

It's the best on laptop / desktop but you can use it on iPad if you want. I'm currently using my phone

[@harryhelper1869]

The Paper Trading Tool looks very helpful, but it still needs the Long/Short Position Tool to be as ‘real as possible’…

[@TradingView]

We've got some powerful updates coming. So stay subscribed and we'll show it to you here.

[@johnthomas4577]

Thanks. You did not demonstrate using "Entry and Exit Stop Orders".

[@TradingView]

We have other videos on our channel that cover this in great detail! Please check them out. Also, we'll record some new videos to cover this topic.

[@salmankhan-jx8sl]

Is there a trailing stop loss option available in this paper trading?

[@TradingView]

We've got tons of updates coming to our trading tools, just like this

[@wallyg8020]

One more question if I want to paper trade forex how can I change it to pips instead money?

[@teresialikuwale737]

What is pips?

[@wallyg8020]

Pips are like like stock moves as a dollar amount but trading forex it measures in pips. Check the website call baby pips or youtube it what are pips in forex and it well tell you

[@msrinivasgoud7531]

how stoploss works , if i put stoploss at some point will it stop there and dont go further,and dont lose money loss please explain?

[@Will-sl8gt]

Yes if I place the sto loss yes thats the stop

[@teresialikuwale737]

So will it make a profit or loss if it stops.

[@msrinivasgoud7531]

From yesterday i tried it works if its bearish ,its make loss if it crossed profit margin u make profit , main thing u have know where its goin

[@JANITHA-lg3so]

when I press order (3:01) it shows a non tradable symbol

[@tusharfromearth]

Same. It was working for me on BSE(i bought BSE data as well) till 28th May. From 29th may it started saying "Non-tradable" symbol :( :(

[@MarcioVOMotta]

🙏🙂

[@angeliquekamperman2122]

i cant place a trade why

[@randypage26]

Didnt show any of the settings to get that view my chart is a zoomed out mess

[@TradingView]

Use the Auto button on the chart to reset it and your mouse wheel to zoom back in!

[@novaria]

can we set a start amount on the account? Say $1K?

[@twintail38]

Yes you can

[@SirJamesPlayz]

You can start with any amount... the less you risk, the slower you make money. The more you risk, the more money so it's totally up to you

[@shaunsensei6948]

I wish you didnt calculate profit in dollar terms but instead in points. Very difficult for people who trade in other currencies which are weaker compared to dollar

[@Will-sl8gt]

U could change that to percentages

[@baran1405]

great video. but I am from iraq I can't find any broker in trading that support Iraq any one cane help me for that

[@TradingView]

We've got new brokers coming and we'll announce them as they get integrated.

[@aaroncorbett9764]

Can I trade on the app

[@TradingView]

We've been integrating mobile brokers and this is possible now.

[@Isaiahtx]

How do i close ? How do I exit? Not the stratgy but literally how do i close? I've been looking everywhere on how to get out of this trade im in right nowwwwwwwwwww

[@twintail38]

Use a Market Sell order

[@BugAndAHalf]

Happy trading thanks to my mentor ICT the ghost in machine #Michael

[@tjcochius6331]

NUCLEAR GRADE CRINGE 😂