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Trading is one of the most competitive industries in the world.
Every day, millions of traders participate in this zero-sum game — to make money, you need to take it from someone else. If you have the right combination of skill, discipline, and consistency, there's no limit to how much money you can make.
However, your competition is fierce, and you need every edge you can get.
If you want to be successful, buying good hardware, using a solid broker, and investing in the right charting software are all critical. You'll be at a serious disadvantage without these tools, which is something I'm all too familiar with.
I'll spare you the painful details, but I would have saved a lot of time, frustration, and money if I'd found TradingView sooner.
If you're wondering whether paying for TradingView is worth it, my answer is 100% yes. After upgrading about three years ago, I'll never use another charting software.
Here is a detailed review of TradingView's features, pricing, and plans, as well as information on how to choose the right plan for you.
•"TradingView Review Summary"
•Overall rating:
•Best for: Day and swing traders
•Recommended plan: Essential or Plus (formerly Pro and Pro+)
"What is TradingView?"
TradingView was founded in 2011 by Constantin Ivanov (CTO), Denis Globa (CEO), and Stan Bokov (COO). They previously created MultiCharts, a desktop software for professional traders.
After having success with MultiCharts, they decided to create a web-based version of MultiCharts for any retail trader with an internet connection.
They also wanted to add social features that would enable users to interact with each other and learn from each other's trading strategies.
And so, TradingView was born.
TradingView is a technical analysis charting platform built for active traders. The platform is available in web-based, desktop, and mobile versions.
Charting software is used by traders to predict and profit from short-term price movements. There are thousands of trading strategies, and each strategy has its own set of technical indicators it deploys.
TradingView can handle them all.
You can chart securities from over 100 exchanges worldwide. Assets include stocks, ETFs, futures, forex, cryptocurrency, and more. TradingView has coverage for more than 1,350,000 instruments worldwide.
But here's where TradingView excels: it marries unlimited flexibility and customizability with unrivaled functionality and ease of use.
And I'm not the only one who loves Trading View — the platform has a 4.9-star rating from over one million user reviews.
"Who is TradingView best for?"
TradingView is best for active traders who are serious about their trading and are willing to make a small investment for premium charting.
If you're looking for free charting software, TradingView will work for a short period but you will likely bump into a paywall before too long.
While long-term investors and swing traders may use TradingView for some basic charting, that's not who the platform was built for. If that describes you, you can use TradingView but it may be overkill.
However, if you're an active trader — either new or experienced — and are taking the time to research whether TradingView is worth it, I highly recommend getting a free 30-day trial and deciding for yourself.
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