How to Follow Traders on TradingView

It was a game-changing moment. You stumbled upon a trader's chart, and their strategy seemed flawless. But here’s the kicker – you had no clue how to follow them. Welcome to the enigma of TradingView. Whether you're new to trading or a seasoned investor, following expert traders on this platform is one of the smartest moves you can make to elevate your trading skills. It’s not just about observing their strategies, but also about understanding the decisions they make in real-time. But how exactly do you do that?

What does it mean to “follow” someone on TradingView? At first glance, "following" sounds simple – click a button and you’re done, right? Not quite. Following a trader on TradingView goes beyond just adding them to your list. It’s about curating the experts you want to learn from, gaining access to their published ideas, and getting notified every time they post updates. Think of it as subscribing to a real-time masterclass in trading. Whether it's chart setups, technical analysis, or daily insights, these traders share their knowledge to help others succeed.

The Power of Following Traders Imagine you had access to the brains behind the top trading decisions every day. On TradingView, this is a reality. You can follow traders with a proven track record, those who have consistently posted winning strategies, and whose analyses resonate with your own trading goals. This is not just for beginners; even professional traders leverage the knowledge of others to validate their strategies or gain new perspectives.

Finding the Right Traders to Follow So, how do you find these traders? TradingView makes it relatively easy by providing leaderboards, where you can see top traders ranked by various criteria like reputation points, followers, and published ideas. Alternatively, you can search for traders by their usernames or browse charts within specific markets like crypto, forex, or stocks. Each trader’s profile will showcase their published ideas, performance stats, and the number of followers they have.

But here’s where it gets interesting. Don’t just follow the traders with the highest number of followers. Look for those whose trading styles align with your own. Are you a short-term day trader? Look for traders who specialize in technical analysis for quick trades. More of a long-term investor? Find those who focus on fundamental analysis.

Navigating the User Interface Once you’ve identified traders of interest, following them is a breeze. Here’s a step-by-step guide to ensure you don’t miss a single insight:

1. Search for a trader: Use the search bar at the top of the TradingView platform. Enter the trader's name or keywords related to the type of strategy you're interested in, like "crypto" or "forex."
2. View their profile: Click on their name to access their full profile. Here, you can see their published charts, strategies, and followers.
3. Follow them: On the profile page, you'll see a 'Follow' button. Click it, and you're done! You’ll now receive notifications whenever they publish a new idea or update.
4. Set up notifications: Want to get alerts the moment they post something new? Go to your settings and customize notifications based on the frequency of updates from those you follow.

Engaging with Traders Here’s where TradingView stands out. It’s not just about passive observation. The platform is built with social interaction in mind. After following a trader, you can comment on their ideas, ask questions, or even discuss alternative strategies with them and other followers. This transforms the experience from merely following to active learning. The insights you gain here can have an immediate impact on your own trades.

Exclusive Content for Followers Some traders even offer exclusive content to their followers. These might be in the form of private streams, detailed trading strategies, or in-depth market breakdowns. While the majority of content on TradingView is free, there’s also a premium tier where you can access more advanced insights. Following traders in this category may offer you an edge with proprietary information.

Advanced Features for Premium Users For those using TradingView’s premium services, the “following” experience takes another leap. You can create watchlists, set up more advanced notifications, and even copy strategies directly from the traders you follow into your own charts. The Pro version of TradingView allows for advanced chart layouts, multiple devices, and priority customer support, making the experience smoother for those heavily invested in trading.

Following isn’t Just About Learning, It’s About Evolving As you follow more traders, you’ll notice something transformative happening. You start spotting trends more quickly, identifying chart patterns with ease, and making decisions based on a deeper understanding of the market. Your trading game evolves. Following the right traders can shorten your learning curve dramatically, giving you an edge in what’s often an unpredictable market.

What to Avoid While following traders can significantly enhance your trading strategy, it’s important not to follow blindly. Even the best traders make mistakes. Diversify the range of traders you follow to avoid becoming overly dependent on one person’s strategy. Also, remember that past success doesn’t guarantee future results, so always apply your own analysis before making any trades based on someone else’s ideas.

The Secret to Building a Strong Network of Traders If there’s one thing Tim Ferriss always emphasizes, it’s the importance of networking. In the trading world, your network is your followers and those you follow. Build a strong network by engaging with traders, commenting on their ideas, and sharing your own insights. Collaboration is key. By creating meaningful relationships with other traders, you can exchange ideas and strategies that go beyond what any one individual might achieve.

In Summary: How to Follow Traders on TradingView

• Search for traders using keywords or by browsing the leaderboard.
• Evaluate their profile to ensure their trading style aligns with your goals.
• Follow them to receive updates and notifications on their published ideas.
• Engage by commenting and discussing their strategies.
• Expand your network by following a diverse range of traders and interacting with the community.

Start following today, and watch your trading strategies take flight.