New York, NY – OANDA, May 4th, 2023- a global leader in online multi-asset trading services and currency data and analytics, is pleased to announce the launch of its new service for long-term investors: Analyzing and Managing TradingView.
TradingView is a popular platform among traders and investors for charting, technical analysis, and trading ideas. However, for long-term investors, managing a large number of symbols and keeping track of news and events can be challenging. OANDA new service aims to solve this problem by providing a comprehensive solution to analyze and manage TradingView portfolios for long-term investors.
TradingView is a comprehensive trading platform that has quickly become the go-to choice of many investors due to its impressive collection of features suitable for both short-term traders and long-term investors. This piece examines its many uses for analyzing and managing long-term investments efficiently.
A brief introduction to TradingView
Since 2011, TradingView has quickly grown into one of the go-to resources for financial market participants of all stripes. Boasting cutting-edge charting tools, an expansive library of technical indicators, and an active community of users, TradingView is quickly becoming the space of choice to make informed investment decisions.
Starting up TradingView
Register a free account on TradingView’s website to take advantage of its services. After signing in, you’ll gain access to various tools, including charts, watchlists, and paper trading – enabling you to practice trading methods without risking your funds. TradingView provides multiple subscription plans that can be tailored specifically for each customer.
Customize charts for long-term analysis
As part of assessing long-term investments, keeping an overall perspective is essential. While TradingView charts are set up to display daily price movements by default, long-term investors could benefit from reviewing information weekly or even monthly if desired. To do this, locate the dropdown menu in the top-left corner and choose your timeframe.
Integration of fundamental analysis
Technical analysis centers around price patterns and historical data, while fundamental analysis examines factors contributing to a company’s financial health and success. TradingView gives users access to essential financial data like earnings reports, revenue growth reports, and dividend yields, which may prove invaluable in conducting an in-depth, long-term investment analysis. To examine this information for any stock you’re interested in, search and then select “Financials” from the menu that appears.
Use technical indicators to identify trends
Technical analysis indicators can offer valuable insights into a market’s general attitude and possible shifts in its direction. Moving averages (MA), relative strength index (RSI), and moving average convergence divergence (MACD) can all serve as valuable guides when holding positions for an extended period. Use them whenever possible when determining entry and exit points and general strength of trends – just click “Indicators” at the top of your screen to add them. To do this quickly and easily, choose an instrument from the drop-down menu when clicking “Indicators,” then add your chart!
Make an investment watchlist
When it comes to long-term asset management, one of the most essential steps is keeping a watchlist. A watchlist allows you to monitor and assess how assets you select have performed over time, making it easier to discover new opportunities or evaluate current investments. To create your watchlist, choose the “Watchlist” tab from the navigation bar and click the “+” button. Afterward, search for stocks, ETFs, or any other assets available of interest, then add them as entries on your watchlist.
Leveraging TradingView’s community features
TradingView stands out from similar platforms through its dynamic community of traders and investors who exchange ideas, information, and trading methods with one another. You may gain invaluable insights that help inform decisions regarding long-term investments by watching material posted, participating in conversations on the platform, or following experienced users on TradingView. For more information about its features, visit the “Streams” page, where different categories such as “Long Ideas” or “Dividends” can be explored further.
Gaining advantages of TradingView’s alert system
As an investor with a long-term view, keeping yourself updated about key events and market fluctuations that could impact your assets is vital. TradingView’s alerts system enables you to set personalized notifications based on various parameters like price levels, technical indicators, or even certain news events – meaning no more need to monitor markets constantly! Creating an alert requires right-clicking your chart, selecting “Add Alert,” and then configuring its criteria accordingly.
TradingView’s stock screener can help uncover new investment opportunities.
When seeking new opportunities for long-term investments, devise a process that is both thorough and effective in sorting through the vast array of companies available today. TradingView’s stock screener can help by effectively filtering companies according to certain criteria such as market capitalization, dividend yield, or price-to-earnings ratio. Click the “Screener” option on the platform, customize filter settings as necessary, and identify companies that may represent good candidates for long-term investments.
Optimizing your portfolio with TradingView’s portfolio management tools
Proper portfolio management is necessary for investments to succeed over the long haul. TradingView provides several tools, such as performance monitoring, portfolio allocation analysis, and risk evaluation, which may assist in optimizing your investment portfolio. By regularly monitoring it and making necessary adjustments, you can ensure it still fits within your investing goals and risk tolerance parameters. To access these portfolio management tools, choose the “Portfolio” tab and explore all its available functions.
Staying informed using TradingView’s news and economic calendar
Long-term investors must stay abreast of economic news and events, which could enormously impact markets and their investments. TradingView’s news feed and economic calendar make staying informed easier. Click the “News” tab to access real-time updates or the “Calendar” button to view planned economic events directly within TradingView! These two tabs are conveniently located at the top of any page.
Considerations on using TradingView for long-term investments
TradingView provides users with several tools that, when combined, can significantly enhance their ability to analyze and oversee long-term investments. Utilize the charting tools, technical indicators, fundamental analysis techniques, and community features available on the platform to increase your overall success and the quality of your investing choices. TradingView also includes watchlists, notifications, and a stock screener to help identify new opportunities while keeping tabs on existing assets. TradingView also provides tools for portfolio management and a news feed and economic calendar, which may assist with optimizing your portfolio while keeping you abreast of market events. With some practice and investigation on your part, TradingView may become an incredible asset in a long-term investing journey.
About OANDA
OANDA is a leading online multi-asset trading services provider and currency data and analytics company. The company provides innovative solutions for forex traders, corporate treasuries, and individuals. OANDA has offices in London, New York, Singapore, Tokyo, and Sydney, and is regulated by the US Commodity Futures Trading Commission (CFTC), the UK Financial Conduct Authority (FCA), and the Australian Securities and Investments Commission (ASIC).
Contact info:
Business name: OANDA
Person in charge: OANDA Team
Website: https://www.oanda.com/us-en/
Email: pr@oanda.com
