Education

Super Simple Buying and Selling Stocks within TradingView.

With the market pulling back nearly 14% over the past few days, I decided to take a punt on a potential recovery. I've opened a position in TQQQ, a 3x leveraged ETF tracking the Nasdaq 100 (top 100 tech stocks).

In this post, I show how easy it is to place an order using a connected TradingView broker—in my case, TradeStation—and set up a bracket order with a take-profit and stop-loss.

If the trade moves against me, the stop-loss automatically manages my risk by closing the position. If it moves in my favor, the take-profit ensures I lock in gains and exit automatically.

Of course, these levels can be really easily adjusted manually as the trade progresses, providing flexibility as the stock moves. You could choose to set your levels based on your favorite indicators signals or some other means.

This isn’t trading advice—just an example of how you can leverage TradingView’s functionality.

It’s real money on the line—my money—so wish me luck! That said, the market could still head lower with ongoing Fed FUD, but I’m holding out hope for a little help from Santa. 🎅

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Pre-market looking brutal. Ive moved my stop to $74 to give it a bit more room. I wont lower it from there though. If it sells it sells. Id prefer to run away and live to fight another day.

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Scary start for the day and a wide ~10% range. I'll see what the market looks like on open and try now to move my stop higher to protect my gains until I near my take profit target.

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QQQ has moved 4% off the bottom.

TQQQ is roughly up 12% for the same.

Ill start moving my stop up to above my buy to take profit if it turns otherwise Ill let it run.

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Have exited and entered this trade a couple of times. Still very volatile. Currently sitting on an 8% gain after most recent entry. Hoping when the market reopens after all Trumps speeches today we might get some of that Trump Pump effect. Stop is above my buy price so will exit with fees recovered at least if it dips again.

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Up 13% but will be interesting to see if it keeps going. Bit of past resistance around here. Have moved up stops.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on: