Plan Your Trades With The Long and Short Position Tool

Learn how to use the Long and Short Position Tools on TradingView. These tools are essential for planning your trade out before the trade is actually made. Take a step back, do your research, and visualize the trade on a chart.
This video was created and produced by our Head of Trader Education - Stef: tradingview.com/u/scheplick & / scheplick
The Long and Short Position tools will show your trade on the chart so that you can plan it out before taking it.
Open the tool settings to adjust the parameters of the trade, the colors, lines, and other specific details. These tool can be used on all asset classes from stocks to forex and crypto. Select the tool and then click on your chart where you want to plan your trade.
We hope this helps you do the best research possible. Please leave any questions or comments below.
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[@elizabethlaura6811]

Hello Mrs Clarissa the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategies.....

[@progressbucks8709]

Wow I' m just shock someone mentioned expert Mrs Clarissa I thought I'm the only one trading with her

[@progressbucks8709]

She helped me recover what I lost trying to trade my self

[@Andrew-wl6qp]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Clarissa . I think that she is the best broker I ever seen

[@amaliaarthur3492]

Can I invest from Australia

[@thompsonwater2577]

Hello 👋 How favourable is the market now . I want to invest in cryptocurrency Can I start with $3000

[@jackholley4286]

95% of trader lose learn to hold. No one goes from broke to rich without market pain. Stop selling and buying on emotion. Buy. Hold. Get through the pain. In 10years you"ll do great. Don't buy meme coins.

[@rahultoggi4672]

@Gregg Bartel I’m only Investing in stocks with recent quarterly and annual earnings growth of at least 25%, nothing less.

[@rohitmajumdar1579]

@Aaron Geddes being able to generate profits from those channels right now isn’t a walk in the park, how are you managing the current market trends?

[@noelstout3056]

Stocks investing require expectations of the long-term benefits, not just short-term losses or profits.

[@kelvinjohnson3906]

@Aaron Geddes I need more information on Todd’s services, you got an effective means of connecting with him?

[@andreaelizabeth5494]

buy and hold is useless for scalping or daytrading

[@stuartgibson9755]

This has got to be the most useful trading video on the Internet. Thank you so much.

[@TradingView]

Wow, thanks! Best part: more videos coming.

[@seattledubsix7109]

Thanks for the info I think many of us in the comments were looking to see if we can create our order from this tool so we didnt have to manually put values in box. Answer is Yes, Right click on you box and click down to CREATE LIMIT ORDER it will fill in the values... But in the box on the side you will still have to enter position size...leverage ect. Good luck learning yall. You got this! Change your life!

[@fredrickcallahan4292]

🙌

[@TradingView]

Thanks for sharing! And we'll update this video in the coming months. Stay tuned on our KZbin profile to learn more.

[@livingright4345]

​@@TradingViewis there an update yet please and if so, do you have a link to share?

[@cobyandcoby8556]

@@livingright4345 I want to know as well!

[@secion8]

@@cobyandcoby8556 I am actually searching for the exact same answer. Do we just set the chart up, or do we still have to fill in the order manually?

[@quleer1671]

I don't know why when I am searching how to use this tool this is the only video that explain it literally. Thanks for explaining it man

[@dylan-cj1cg]

Exactly my thought. Trying to figure out how to use it with options.

[@TradingView]

That's why we made the video! And more videos are on the way.

[@iam963]

This is the very first time that I have seen anyone really EXPLAIN the position tool step by step. I have always used it, but I was never sure what the hell I was doing. THANK YOU VERY MUCH

[@TradingView]

This is what we like to hear! Please subscribe for more walkthroughs and tutorials.

[@lisaobermeyer8985]

I learned so much from this video, even about FVGs. I've wanted to use this tool but no one explained it so well. From now on, this is my go to tool in planning my trades. Thank you TV!

[@TradingView]

We love comments like this! Also, we are working on an updated video so please stay tuned. Get subscribed to our channel!

[@Robocat9000]

lol, I was doing this manually by setting up the entry and exit points and calculating the lot sizes and all. Having a visual like this is super helpful

[@elvd7437]

You show the red and green box but failed to show how you actually place trade. I did not see, send or where to click to place trade. Would the trade be automatically triggered once you set it up with the red and green box?

[@marquise32]

This is the easiest understanding of this that I've seen so far

[@TradingView]

That's what we like to hear! And more updates coming soon

[@roninazure]

I've been using trading view for a year. I'm finally learning this, will definitely implement it.

[@UmarUmaf-je2xs]

This video make me understand how to use trade line clearly

[@user-ui5yd4sq6x]

This video made me understand how to use trade line clearly

[@user-sz2sl3yc1w]

Finally...I'm waiting for this video for a long time️ thanks Michael

[@brandonweemhoff9242]

It would be really beneficial if you automatically adjusted the lot size based on their risk amount percentage.

[@quincybaker4615]

Yes, instead of users utilizing an external online position lot size calculator, why not build the calculator function directly into the order panel and long/short position tools. It would be also nice if paper trading allowed simulated leverage trading, wherein you could input the leverage criteria if your broker for accurate real life simulation. For example if your broker provides 50:1 leverage you could enter this.

[@mesonmount9897]

Mrs Kathi also helped me recover what i lost trying to trade my self thank you great woman God bless you from Finland😇

[@Parallelthinkers]

@@mesonmount9897put a sock in it

[@informatik01]

Very informative and easy to understand. Thank you!

[@QueenU]

This was excellent and clearly explained! Thank you so much!!

[@dharmalokayenmohandakaraya9631]

Yes good work

[@Magdann]

Exactly what i was looking for. Thx 🙏

[@LongTourHK]

Thank you all for your video ❤❤❤

[@TradingView]

Our pleasure!

[@buckcreeck5725]

thank you for clear teaching yes now i do understand already❤

[@PKP1]

Thank you for talking through this demo of the tool

[@gajendrakamat32]

Thanks brother I was searching for this video only frm last 4dys today I got it thanks alot 😍😍😍

[@tkman9321]

i was searching for this for two hours THANK YOU

[@TradingView]

Glad you liked it! And we have more tutorials on the way.

[@langrdelacruz8037]

what is lot size?

[@5975ami]

Thanks for teaching

[@Bastviktech]

Thanks for sharing your valuable experience.

[@aladinzahran]

Awesome Video, finally now I know how to use this tool. Thank you very much.

[@babaganamaina2155]

So interesting and educating

[@user-cg4im8ck8s]

This video make me understand how trade line clearly 3:52

[@Totodu4402]

Merci depuis la France. 🙏

[@sheikhjahidhasan82]

well explained. it could be more nicer if you briefly explain those lot size, total balance, percentage.

[@TradingView]

We will make a new video about this.

[@lulibosu985]

@@TradingView Please hury up ,i search a lot for this kind of video,I think it will get a lot of views

[@scottwhitfield1456]

I second this - a more detailed explanation is required.

[@EdLudke]

​@@TradingView Was this "new video" ever made?? There is no clear, detailed explanation (data definition) that I can find for the fields in this tool - including the entry fields and the display fields. One simple example: How do I get the qty to actually display the qty of shares I bought?? Is that what "qty" even is?? The calculations (besides being complicated) shared in the tradingview "how to use" doc (that pointed me to this video) references field value names that are not referenced anywhere else (point value?) and are circular (RiskSize = Risk...??). Please help. I keep coming back to this tool to quickly project what an entry could make - or cost - me! TIA!

[@jpeg6379]

@@TradingView ❤😂 free q❤1

[@janicesmith1137]

I appreciate this video so much. Thank you.

[@Cryptoin3min]

your explanation helped and was spot on!!!!!

[@christiannickeysamboa3010]

Is it possible to add different target positions with this tool? Let's say I want to make a 50% TP at Target A then full TP at Target B. I tried playing the settings but I can't find it. Hope you can get what I'm trying to say here. Thanks. Great vid!

[@cuchulainn3474]

Excellent video. Thank you very much.

[@davidnyoni3946]

AWESOME VIDEO just found it today as i was back testing THANKS...just one question which VPVR are you using it looks so clear and clean ...thank you

[@TradingView]

Thank you for the kind words! We have a video about VPVR on our channel, please check it out. Also, more uploads coming soon.

[@almightysteezy3355]

Eye opener

[@krowl999]

Nice video! What is the risk section? How does that effect the position if your manually inputting your lot size, TP, & SL? That’s the only part I’m confused on!

[@thacoolest13]

Just what I needed. Thanks! :D

[@Ejot91]

Thank you brother for explaining this, I was looking for the explanation for it very longtime hah. All the best to you

[@TradingView]

Glad it helped!

[@suprakashbanerjee3444]

Its excellent. many many thanks for a good explaining.

[@sanisale6719]

This was excellent and very useful

[@TradingView]

Glad it was helpful!

[@bellaolum9768]

Very well explained! Been wondering how to.use this tool, now I know, thank you!

[@ebooklibrary27]

what are you talking about, he didn't even mention the most basic part of the trade

[@bo3oroot637]

great job bro thanks 👍

[@abhinavvijay9616]

other details in this video was helpful and thanks for sharing:)

[@AbdullahiMuazuGodowoli]

The video was so great and good

[@preventprotect1613]

How do you change the trade input to the red and green graph like you have ?

[@beosliege]

Please explain the account size, quantity, and amounts. Having a hard time understanding those numbers on this tool. Thanks!

[@jackroark6928]

Same here. That's the whole reason I came to this video :-(

[@TradingView]

@@jackroark6928 Okay we will make a new video about it! Your wish is our command

[@JQNick]

​@@TradingView That would be great, the math isn't making any sense. Acc $1,000; lot of 1; risk 100%; entry price 2 gives qty of 11,111 ?!? Clearly misunderstanding something.

[@piprolls867]

@@TradingView did you make this video yet? Explaining the numbers in the tool?

[@heybear7271]

same. He just basically show how to trade, not really about the parameters of the tool itself that has to be explained!

[@TheWinghochui]

Thanks for your sharing!

[@TradingView]

Glad you liked it and be sure to subscribe. We've got more videos on the way

[@CountTrader]

What does the account size, lot size and risk do in the long or short position tool?

[@amitsuri1872]

I am still trying to find an answer to this too for years now. I even asked Trading View and they were unable to answer it.

[@CountTrader]

@@amitsuri1872 I figured some of it out. You can put your total account balance in and it’ll tell you what you account total will be after the trade’s take profit or stop loss depending on the percentage of the account you’re risking on the trade.

[@isaacdanjuma-pe9xp]

Great work

[@kinglion6197]

These are the questions that iv always been having, so when you plan like that,, my concern is on executing trades, so when you plan down those positions the trades you executive will automatically follow that entry stop loss and tp?

[@user-ui5ze4de1r]

Very Informative and easy to understand thank you

[@TradingView]

Glad it was helpful! And we have more videos coming. Be sure to subscribe and we'll let you know about our new videos.

[@befitwithhelen2004]

Thank you sweet friend

[@caseyjones2528]

Awesome video! Clear and precisely worded. Thank you!

[@TradingView]

Glad it was helpful!

[@muhammadshettimakyari2146]

Thank you

[@user-fw2nt6kj2p]

My position tools data does not look like this and is a little confusing. The way yours is set up it makes sense. Are there specific settings you have set on yours? For example on the long tool, my profit target is 0.00475 (0.40%) 47.5, Amount 1776.14; in the middle, my RR is Open P&L: -0.0073, Qty: 163398 Risk/Reward Ratio 3.1; and my Stop: 0.00153 (0.13%), Amount: 750 I don't know if they've made an update but I'm hoping you can help me figure out what this all stands for. Because there's no way with a $1k account I'm looking at a quantity of 163398. Thank you and appreciate your time!

[@godsentsent6854]

I love your explanation very slow and good 👍

[@TradingView]

Thank you! 😃

[@garymun420]

Also it would be helpful to show us how you get those volume bars on the side of the screen I don't know how you have your screen setup can you start there

[@rawatnaren]

Thanks for Sharing Long and short position !

[@TradingView]

More videos coming! Please stay tuned

[@krisdrk4161]

The guy forgot to explain what most people came here for - the account size, quantity, and amounts.!

[@williamxd5507]

Nice vid and very helpful

[@heybear7271]

this is quite not clear explanation. Where does the LOT fit in the equation? What's its relation on quantity? I hoped for a better explanation since its a tradingview channel

[@miroslavprochazka102]

Thanks! Informative!

[@SumChatter]

Thanks for explaining this tool so well. My question is about the account size - suppose i want to invest $10 in a new stock, and thus far my account size is $100, and if i want risk at 1.5%, that would be 1.5% of $100 right? Or would it be 1.5% of $110? Thank you.

[@lakegirlroxy9852]

great video, thank you

[@thedoghouse3588]

Once you set your position say a sell and create your stop loss and take profit . Is that it trade done? Or have to manually set it?

[@zakubelah3411]

Thank you Wow i understand this much better than other videos i watched #subscribed

[@Danategy]

A great tool for planning trades. However, it doesn't seem very efficient to plan it all with this tool to then have to enter all the values in manually afterwards to actually place the trade. Would be much more efficient to have a place trade button with this tool especially if you're trading on quicker time frames like 1 minute or lower.

[@elroyblackbean]

YES. 1000%. This is the best way one could ever plan out an order...but then you have to manually enter it into the order window!! TradingView, there's no way you haven't considered this...can you help us understand why there's no ability to execute the trade from this tool?

[@elroyblackbean]

Figured it out! Right click >> "Create Limit Order..." It will transfer everything into the order panel.

[@fredrickcallahan4292]

@@elroyblackbean Nice work, now let's get it

[@ebooklibrary27]

@@fredrickcallahan4292 I can't believe he didn't mention this in the video. It's almost like he didn't know lol

[@klarahamori3866]

@@elroyblackbean Yess, thank you! This crucial info was left out of this tutorial!

[@celiasennon1494]

Thank you very much.

[@attissotogbo8893]

nice video good explanation thank you for your effort.

[@elroyblackbean]

If anyone needs it, you can transfer everything from the L/S position tool into a real order like this: Right click >> "Create Limit Order..." It will transfer everything into the order panel.

[@fredrickcallahan4292]

Hey Bap, is the "Risk" the amount you are placing on each trade and if you adjust it once will it stay like that for each trade? Thanks, if you're able to answer that.

[@elroyblackbean]

@@fredrickcallahan4292 I don't think you can templatize it. You can in Think or Swim.

[@elroyblackbean]

@@fredrickcallahan4292 As far as the risk thing, it really helped me to watch a video on what those numbers mean in their trade window. Not the most intuitive display.

[@pencil1916]

trying to do it here can't seam to get it , on trading view paper trading testing it out 🤷‍♀

[@oscarhernandez0120]

Thanks for the video

[@Theater1TV]

Hi what does qty represent from the middle of the trade position

[@rasheedadelowo2188]

Thank you soo much for this video. Much love from Nigeria. Please how can I get this volume profile available?

[@befitwithhelen2004]

Thank you so much for sharing very mean more to me

[@MUHAMMADADAMUMUHAMMAD-zh2ud]

This is amazing

[@ahmadidrissadamu]

Thanks for sharing

[@TradingView]

Thanks for watching! And stay subscribed as we have more videos coming and new updates on the way.

[@PeacefulDahliaFlower-pp5dp]

Very impressive

[@TradingView]

Thank you!

[@78236931]

Great video

[@UmarAbbayusuf]

Great job

[@King_of_the_Pirates420]

Is it possible to add brokerage to this tool? Because after brokerage taken into account, the 1:2 rr this tool shows could be just a breakeven trade in real life.

[@iammcqwory]

Asante sana

[@Abubakarjnr01]

Very interested

[@MrKolpekm]

Which volume indicator is that you're using?

[@infinitimusic4you]

Thank you bro

[@RuthRaymond-qe4px]

Great video very educative

[@TradingView]

We are also working on an updated video with more tips, so stay tuned.

[@abdelhakimbrahmi1451]

thanks sir i have question how long position can executed on paper trading , thanks

[@1974muaddibable]

hello there thanks for video. I am new at this so please forgive my question. but I am in a Papertrade account and i followed your steps. to place a sale and i also did a long order, but when the candles crossed the lines. nothing was executed.... on my positions area, nothing was active..... I am obviously missing a very basic step. thanks for any input

[@olayiwolajemilat2082]

Well explained

[@Abubakarmusayaha]

Wow very interesting

[@juliettejuliette9168]

Thank you for being detailed. Most idiots I watched are not showing details at all.

[@TradingView]

We're going to remake this video soon as well. Please be sure to get subscribed so you'll see it when we publish it.

[@jeffreyj06]

great video,,,,question. Does using that tool (short/lomg) actually activate the trade? or do I still have to go to another screeen and put in the numbers?

[@boudewijnj.m.kegels5198]

Right click and 'Create limit order'

[@abrahamadama2365]

Nice one

[@chris7285]

Any idea how to switch the stop and Target sections? My first box was inserted correctly but my second one has the

[@bertinobacela683]

Hi, thank you for the awesome video. Can you please explain why the SL amount doesn't change when I adjust the SL level? The TP amount changes accordingly, but the SL amount stays the same. I'm confused

[@endjahijafet1572]

Still waiting for this video, I searched the whole page and didnt see any. Thanks

[@tovikazhimo2525]

Same hre

[@letslearncrypto8078]

How did you make the Fixed volume profit margin appear on the right of the screen? Mine always appears on the left in the middle of all those bars. It looks dirty.

[@Lavishcoconut]

Talk about RSI and MACD! Great Video

[@TradingView]

You got it! We will make a video about this.

[@jhalillimbona1386]

@@TradingView what kind of tool did you use to determine volume of trade on left part thanks.

[@SamSam-ph3ul]

@@TradingView hi my open p and l keeps going to like 0.00000021 and my quantity is sooo high what am I doing wrong?

[@amjadalsharaa4386]

if i decided to take the trade do i have to put all iformation manualy?

[@7GFEC]

Is the lot size how many contracts? Because that was confusing. And also is the amount how much you'd make on this play?