[Music] Hello guys, my name is Anish Singh Thakur. And today I am making a
video for you on tradingview.com So you will feel that
this is very basic. Yes, absolutely. I..this video.. Actually, to make a video
for the first time in my life I myself saw YouTube to see that,
what is it that people have made. Fine, some people have
made something or the other. But everyone has made it in such a way that they think that we have to make
a video and post it on YouTube, which is something I never do. So, I will do twice..
I will do two things in this video You should also watch it. If you are
new to this, then you should watch because I will make a new account, free account I will open to that for
doing the entire trading and use all the skills
that are needed to earn money. I will open all of them
and show them to you. And then if you are
an experienced trader, then definitely we'll need
Fibonacci retracement. We'll need a lot more things than
that, we'll need multiple
screens and a lot of things. We people need an alert as to how do we set those things and what are the things
that need to be avoided and what are the drawbacks in this. I will explain you all
of this in this video. So please watch the complete
video, and watch it patiently. Because firstly, since
this is a technical video so, start practicing as
soon as you watch it. Keep pausing it in between
and practice if possible. So, whatever we will
do, we will do very well. And at the end of the video,
there would be two important tips, kind of secret of
trading type of tips! And a very important fact. That I will discuss with you now. Alright, I will meet you
at the end of this video. So, let's start! Alright guys. So, I had to make this
video again because of some reasons, due to some technical reasons.
But no worries, let's start. I will start this video, and I hope that the screen would
be visible to you guys right now. I'm sure you would
be able to see it. So, let's come to
this screen, okay? Now we.. So I have a premium account. And if I will do some things
in the premium account then there would be many
things that would work in this which will not work in your..
in new traders' account. So, let us start. In order to start, first of all which page do you
have to come at. So, you open
tradingview.com here, okay? After coming over here if you will click on sign in,
then it will ask you to sign in, but you don't have to do that. So I will give you a direct link that after
coming on which link exactly you have to.. on which you can
sign up yourself directly. So, I will give you that
link in the description box. Here you have to... or you
can directly go on start free trial. Like you can come on Basic option and
click on Start Now. You can do all this. So, I have actually
used it already. I already had two accounts, now I using a third account. So
I will use it by my friend's name. [typing] Trial [typing] trading view is what
we will name is as. [typing] Aman. And we will use the email. [typing] aman@boomingbulls.com Alright. We will set our own
password [typing]. We will select this. I'd like to opt out from marketing emails okay? Why we'll select, ah.. We stay outside. I am not a robot! We have to
select traffic lights. Okay, I think we have done it. With bicycles. I think it's proved
that we are not a robot. And now we can let in. TrialAMANbb I think we guys will get
it now ir order to do it. Ah.. I can see only two bicycles
over here. And this is the third one. Alright, okay. So now we get to.. Now this will ask for
a link from us guys, which I think would have
come here according to me, on the email address. So I am showing this to you
with the basic one because.. I have used and shown the advanced
one also in the video, the second part, which is the second
part of this same video. which I have.. which is.. The traders of advanced
level who are there, what all things do they require,
let us come to that guys, okay? So, this wil.. [typing] Alright guys, so
we are here now. Okay? First of
all click over here. So we have come here. Now, let me start telling you
from this screen itself that basically how can we use this, as in
tradingview.com efficiently As soon as you open
it you will see S&P, Euro, Crude Oil, all that
stuff. There are so many things over here, there are some
stocks that are written here. There is Apple written, there is
editor's pick, there is market summary. A new user gets overwhelmed by looking at all these
data, all this data, as to how much is it, is it
going to break the bitcoin level, this, that, important levels
of gold, calendar, this, that, don't look at all that. Don't look at anything.
Just come directly over here [typing] and type NIFTY. After writing NIFTY, the
moment you will click on NIFTY you will automatically reach
a second page over here. And even this page
is of no use to you. After you reach here you have to click
on full featured chart. Even this page won't
be useful for you. You will see so many things, ideas related
to, Indian shares, this that, everything. So many things
would be shown to you. You have to click on full featured chart and you will reach this page which is useful to us. Alright. Ao after reaching
page, first of all you will see, this is what your screen will look like. The first issue is this ad, first of all it will keep
telling you again and again to do this here, to pay, to pay. Now in order to pay, I
already showed you that there are so many features over here, basic, pro, pro plus, premium. This is the account that I have. What is there, what is
not, this is zero rupees. This is 15 dollars, this is
30 dollars, this is 60 dollars You can say 60 dollars is equal to 3
and a half, 4, 4, 4,250 rupees per month, which means 48,000
rupees in a year, okay? But I am clearly telling you that
Black Friday sale is about to start, even I had renewed it at
that time, or I had bought it. 144
00:05:23,319 --> 00:05:23,272 I took it for two years. You get an off up to somewhere around 50%. What is the benefit of this, You cannot put it on three
indicators in this for free. You can put 5 in this, 10 in this,
25 in this or as many as you like. Now when we split the screen here, you
must have seen that I do it sometimes, We can do only two in this,
we can do only four in this, we can do up to eight in this, but
our work gets done easily with four. And you get some server alert,
this and that, something or the other. However I directly
seelcted the premium one because I want to do trading for a
long term and throughout my whole life. So I have chosen this, but you
can choose whatever you wish to. This Pro plus plan is also good,
you can open four screens in this also. Like we guys see on
a bigger screen right, so you can make four of
them in four screens also. So what is it used for,
we will discuss all those things. So we were at this point and let us start now guys, okay? Let us close this. if you can see the
same way in your system, then first of all you come over here and candle it, hmm. Now, this is something obvious
that I am making this for new people. But just the second half of this
is enough for experienced people. And I'm sure you are not so new also that
you wouldn't be knowing what a candle is, and that is why I set a
candle over here first of all. How do we do this candle. Alright. Now, whenever a
person looks at this chart, the person gets overwhelmed by
looking at the screen thinking that man, there are so many
tools in this on the left side. So many of these that
are over here are all tools. What all uses
would they be having, how much less do I know, am I a right
kind of trader, do I have the knowledge. What is written at the bottom, Stock
screener, Pine editor, Strategy tester, what are these so
many icons actually, a person gets overwhelmed by looking at all this data. So I... what I'll do, I'll make it easy for you. I'll make it easy for
you and go step by step. The first step is that I am completely
clearing the left panel for you. Let's start from here. Whenever we come on the left side, so you can see
this first of all. This.. if you click it once more after
you reach here then it opens up like this. Only one trend line, horizontal line, apart from this
there is nothing that is of any use for a beginner trader. There is no need, there is no need, All of the tasks.. It is running parallel and your
work gets done with two trend lines. There is no need
to do anything at all. Even if you select only the
trend line and horizontal line, just right click
that and hide it. So, leaving aside
this on the left side, leaving aside these two things,
trend line and horizontal line, right from the top till the bottom
there is no item that is useful for you. Seriously, it's not, okay? Leaving this aside and
by taking the information of just those two things you
can definitely trade on your own. There is this one scale
which sometimes tells you that what is the length from
this point till this point. So it is 1.3%, points of NIFTY are 152, it is telling this much,
that there are 12 hours. So what did I
explain you clearly? That only in the entire left sided panel, all this will be of no
use to you, pitchfork. For now none of this would
be of any use, or this brush. Like since I make videos on
YouTube, so this can be useful for me. If I write something, then
all this can be of use to me. None of this would be
useful to you in any way. This ABCD pattern from here, from
here, from here, from here, from here, It is of no use at all
buddy for a beginner trader. Neither will you find anything of this
sort here, nor will you find it here, nor.. Only this is something
that may be useful. Let all of this
be just as it is. Else all of these things
are of no use in any way. So, what is this that I
did just now for you guys? I made this easy for you, what? The left side panel. I clearly explained you that if
you know how to draw a trend line, if you know how to
draw a horizontal line, you do not need anything
else apart from these two tools. Alright, now let's
look at the bottom. If we look at the bottom we
see Stock screener, tester, nd you know what?
Otherwise we guys can click this over here and drag
this upwards as well, Nice, okay. Hmm, so what do
we have over here? We have Stock screener over
here and this is set as per U.S. Now you can change it to India here and
you can select NSE when you come here. You have changed it to India. So now this will tell you
about the stocks of India, like this is happening in
Reliance, that is happening. What is the need of all this. You should keep Moneycontrol
and Economic Times installed. You should have for yourself.. You should have a knowledge of your
own to take information about stocks. Moneycontrol and Economic
times or ET market and Reuters and Bloomberg, Quint,
install Bloomberg and all in your mobile. You don't need all this. Text note, They are useful for writing and all,
they are used for writing and all only. But what is the need to write.
There is no need to write over here. Pne Editor. Hmm, this is useful for
making some strategy et cetera. This is also taking you there. Okay? So, overall, this entire
trading panel which is there it is giving it to you here to connect
your trading account with a FOREX broker, And you don't have any
FOREX broker from here. So we will directly minimize this. And I am clearly telling you that
the panel which is there at the bottom is of no use for a beginner tarder. However it is useful for a
next level trader and I have told that in the video
further, that's not a problem. So this screen which is at the bottom, not of any use. So how did
you find this left one till now There are only two
things which are useful. The one at the
bottom is of no use. This will build up a
little confidence in you and you will think that
okay, I know tradingview. As in I am not feeling
scared on looking at this. Let's move on to the right side. All of this from the bottom
till the top is of no use at all. This is what we had
expected. Yes, it's like that only. Except one thing, this horizontal line, not horizontal line, this portion
in which you get watch list, and this alert. None of
the things which are at the bottom are of any
use to you, for a new trader. This is something which is very
useful and this is called watch list. Let's open it. Now what are you able
to see after you open this, It's written SPX here. NDX, DJI, VIX, Dollar index, DXY, AAPL, TSLA. Come over here. Close it, delete it,
delet it completely. I have given you the list of stock
during my time of stock selection. Still if it is not in this video then go
on the stock selection video and see that what should your
genuine watch list be over here. I will tell you in this video. fter you come here, if
you look at what you have there is an option to make only
one watch list in the free account. So there is one watch list and
there is one red list which is given. So in red.. in every watch
list you can select some of your stocks so that
they remain in that also. So, that's how it is.
293
00:10:50,650 --> 00:10:50,551 So what you should so, first
of all click on plus, write NIFTY. So you write NIFTY this way
and NIFTY has come here. Now after this write bank NIFTY, and bank NIFTTY comes over here. The bank NIFTY comes here. After that write Reliance. The moment you write TCS, when
you write TCS, so many TCS appear. If you want to avoid all this
then what should you do, The globe which you can
see over here, click on that. This will show you all the exchanges. Like you have NASDAQ
and COMEX in North America. CBOT, EuroNext Hmm, you can see
so many options here. Where do you have to go,
obviously you have to come on Asia. When you come on
Asia it is showing you BSE, NSE. If you will select NSE, see this, it will show you only two TCS. It willl show one Futures of TCS. Good one haan. So I always keep it
set on the global level, and let me tell one more thing to you guys. Tradingview is a growing company,
you see MCX is also now here. I mean this has come last
year, not even last year, last six months or in
last three to four months. If you want to do commodity
trade or you want to do gold then you would have to
see international gold then, or you would have to see
silver, the silver which is being dealt in international USD,
you would have to see that. So now these people have tied
up with MCX or whatever inform... You will get the data of MCX also in this. So because I need everything, sometimes I need MCX also, sometimes I need
FOREX also, sometimes I need to see crypto sometimes I need to see BSE. So that's why let me
set this here, on All. You have to do only NIFTY,
bank NIFTY, SBI, Reliance Set this to NSE herem I
always keep this set here, I see that the TCS is the
one which is of NSE, okay. TCS comes here, hmm. Like this you can add anything. So you can add SBI here, SBI has come here, add it. So if you will click on
it that thing will open. It's simple, one click and it's open. So you understand the power
of watch list, you can all add this. And on clicking this you get
an option to do different colours like this will be bearish. Well, if you will try to
click the second one then it will say no, no, no, you
will have to pay more money and you will have to take another plan. So I have used that account
as well and shown it to you. So right now you can
make only one as red. What is the benefit of making it
red, you make two of them red, and we guys have to see the red ones only
and this is how it will show us the red. If you will come on watch list it will
show you the complete watch list, and you can fill it
entirely, there is no limit. Whatever amount of
stocks you want to keep, you can hold it and move it
upwards and downwards. Here it is mentioned in such a way
that it is giving us the basic information which I don't need. What range is this, I
already know all this. That is why I am coming
here and doing the trading. Over here this comes on
use only for my charts, okay? And over there, there
is an indicator named Volume being put, we'll
like to remove it okay, keeping it ad
simple as possible. So buddy this was watch list. These are alerts. I will tell you about
these alerts. They don't come into use like Let me tell you,
let's talk about alerts. When you come here, then
you never to alert 'create trade'. Like if you see that if SBI, hmmm.. if SBI breaks this, breaks what? The high
of this. Then I will buy. So we come here and just a little
bit at the top, we click right click once. So you getting 'add
alert' here, so do it. Now SBIN, crossing, down [inaudible], you
don't have to know all this. Just write crossing. Value and everything
is already set. Just select 'Only
once', 'only once'. Then do 'open
ended', open ended'. Now if we want it just once
then everything is perfectly fine, it has given the expiration, it has given that till 12-07. Yes, it has given it till
December, so that's not a problem, don't make it open ended. And if you will click on send email also then what will happen with this, the email ID of yours which you
had set, in this case it is of my friend, email will come in that and it will
be written here SBI Crossing 222.9 So it would be simply
this way. So, that's it. So you can come on
this and you can set this. Okay? You can create it. And when you will
create it, it will get set. Or you might say that brother when
this gap gets filled, then I want to do it, Okay brother, how
would the gap be filled, when yellow will break, the
bank will try to fill the gap. Buddy put 'add alert' over here. Done. Everything can be set. If you want then you can set which
arrangement you want and all that as well. So it's just a one time hard work
required, give five minutes for that. Create it here, we have created. Look, there is small arrow made
here. The arrow has been made. Whenever it will come there, it will ring. It will ring on your
tradingview screen also, if you have the app in the mobile
then it will ring on your mobile as well and you will receive
an email also, okay? Good feature, I like it, right. And it has some option, like it
gives the expiration for two months. I mean in our free one it will
gives the option of forever. Not a big deal, can be used. We delete it,
we delete it, fine. So, alright. I hope you would have
understood watch list and alert, and apart from these, there is nothing
that is of any use for you, trust me. You won't be able.. you don't
need it to make money in the market. Okay? Now I know you must be
feeling good thinking that okay buddy, the left
side part is clear now, bottom side is clear, and this side is also clear. Did you find it easy, did your life become
a bit easier? I hope that it would have. Now this upper
panel which is there, Let's move onto
that. This is 'publish'. We don't want to publish
or anything. This is an option of clicking photo,
you will click the photo. But that is something I can click by
pressing 'Control, shift and 4' also. What can you do by coming here? You can
write something there and publish your ideas. Why will you do all this? So that other people
watch it.. watch it. Yes fine, some people do it.
Maybe they are helping someone. So it's okay, you should
keep publishing. However I don't publish my
ideas and all this way. And even you don't need to
do it, just focus on your P&L, focus on your work and
focus and do your trading. Learn it yourself first. So these two buttons are of no use to us.
This is full screen, I don't want to do this. It has become full screen, we
don't have to do it. We press escape and we get our thing
back from the full screen. Okay, after we come here let's come onto setting. I will teach about this setting at the end
because this setting is not so important, it's a setting of looks. This setting is of no use. This
line which is made at the back, you can see this orange, you can see
it red. This is the setting of all that. So let us come out
from here first of all. I will cancel this over here. Now after this, after you come here guys,
the most important thing is, if auto save option wouldn't
be activated in your system, if it would be closed
then please activate it. Okay? Activate it. And you can name this
chart here or a chart like this, as mychart, mychartanish. Like
this you can give it any name. So mychart comes there and now it
will keep getting auto saved automatically. Okay? I don't need to do any
sharing varing and all right now. Now see this box
made on the side. This is giving us guys an offer, it is
inculcating a greed factor in us that that you can do double screen like this from the side,
like this from beneath. You can make it three or four, you can make it eight. Try it. So now it says "you are
going to need a bigger monitor." Okay, we will take it, not a problem. Which means.. okay, so did you understand this, that
it will try to sell you this product. If you need it, you buy it, if you don't want it, don't buy
it. But if you need it, why not. We can invest. I can at least
invest this much on my own trading. I would want to invest 5,000 or
4,000 in a month on various things. Whenever you run any business, you
do pay the electricity bill of the office, you pay the salary to your staff, and you pay many types of bills right
from internet to so many different types. So this is something
similar to that only. So this will be for that thing. And in future...
further in this video, the part which will
come further, in that I will tell you that how do we
guys have to use this. Let's come to the left
side. 'Replay option', what can happen here..
this is a very nice feature. If you want to scroll anywhere
and do back testing, you can do that. Now click here once. Again it asks you for money. So this will stop
you here as well. But I have already shown it to
you that how all can you replay, and I have shown it to you
in some previous videos also. This is a good thing and
comes into use sometimes to do back test of strategy. So, it is replay okay? Let's close this. We have already
discussed about 'alert'. Put [inaudible] from here. you need to write
number and all, 21.. who will do all that. Come directly on the chart. Like there is alert put here, right
click here, put 'alert' and it's done. Alert is also simple. Template. Now
what is a template. Let's say you put
three indicators, let's talk about this okay? Let's say you put
three indicators. Now you want that.. There is a limit of three indicators
in this, that is why I am saying three. You can put five if you
have or you can put six. However you should
not put more than three. So, maximum should be four. And that too on
different aspects, if ano of them is a momentum indicator,
or any of them is a moving average or if there is some different
type of indicator like ADX, so there should be
different types of indicators. I ma trying to say that we should
put just one of one type of that. So when you save it right, then it gets set here.
Let me show it to you. Like this has made
something like oscillators here, See this, it's a template..
template of indicators. And one beautiful
ribbon that is coming here. So many types of.. all
numbers which exist in lifetime, it has put all of them
here along with volume. I am not sure what would this be used for. Look, we can see that
it is going up in up trend. If someone wants to try,
you can try EMA ribbon. So how we can make ours, in order to make ours, guys, like we guys.. let's come here on indicators. So we put an indicator. Like some people say that make a
video for me on this, on Ichimoku Cloud, those people want that those
guys should learn Ichimoku. Put this here okay? After this you put this in this, Now put Bollinger
Band also in this, okay? This is called.. Let me put Bollinger
band for you here also. So guys you enjoyed by
seeing the starting right. You guys would also be
finding this awesome right? Now will say yes Anish
brother, you know trading because you can do all this. [laughing] However the most important
thing which is there, that is the price, that is price and only
that is what is not visible. Sencun is visible, Tencun
is visible, Cloud is visible, 20 moving average of that is visible, deviation of that is
visible, ADX is visible, plus.. price is not visible. So, I was just kidding buddy. I was teaching you
that if yo want to make a template then set something
like this of your own. Do it in the same
indicator template and write here [typing] 'I am the
complicated trader, I know everything'. Okay. If you want to continue
with the same symbol then, like, there is nothing like
it works only for SBI, don't.. don't tick this. But click on 'interval'. Why? Obviously don't do
it on setup, I mean if any strategy works in fiftee minutes then definitely it will work
well in fifteen minutes, that will.. as a.. that will not work
in weekly from that time, or in daily, All the people whom I ask
say the same thing only that it works on everything.
It doesn't brother. Every strategy has a specific time frame
and it behaves like that only within that. If you change your trading
style then the time frame.. So I rememebr my interval here because usually when I make my
template through some indicators, or if I make some
setting, then I want that it should be made for
some specific time frame. So save this. You saved it, it is saved. Now see this,
remove the indicators. Okay. So your life
was simple till now. And now you say that I want
a complicated life of a trader. Click on it, nd you come back
without any hard work. So this was just a joke, you
don't have to use it this way. But I showed how do we make a template. Okay? I hope you guys
understood about template. Financials, these are for fundamentals that what is the growth of
SBI, what is the cost of goods, how much is the operating expense, how much taxes have you paid, how many
assets are there as per the balance sheet, how many receivables do
they have, how many short term investments are there, how
many prepaid expenses are there, how is cash flow going on, how much money is being received from
operations, how much is the tax payable, how much change has come in the working
capital, static.. this is of no use. And so I read it quite fast. This is of no use. If
you want to know all this it's better that you go on
Economic Times as there you will get a proper
balance sheet, and these people update that
after every three months. Read and do the fundamental
analysis over there. Don't do fundamental analysis on
tradingview.com as you will not enjoy it. Indicators, alright. There are so many built
in indicators that are already available. You should use them in limited manner. I have told you already, I have
given you a video on vwap but.. I have given that one to you, Use that, the Stochastic RSI one. Then I have given a
strategy on moving average. I have told you.. I have tought you RSI,
I have explained diversions to you guys. And I think there is no
need to go beyond this. Hmm, according to me there
is no need to know beyond that. You can do a veyr good
job with that much also. So you select an
indicator, you simply click it and it comes, you
click it and it comes. Like this you click and
it comes. It has come. Wherever you will click, you will
keep getting things like this, okay? So now you can remove all the indicators And this panel got open by mistake, so
minimize it. You come here and it minimizes. So i guess we have cleared
about indicators also that how does the indicator work,
we have come to know that. Hmm, now compare. Now we have to compare, why
we have to compare? [inauidble] What do we have to compare with, since it's
SBI so you can compare it with bank NIFTY. We have done that. Something like
this has come here. It will come in line chart.
So after coming here you will have to make a
line for SBI here yourself. Now.. now you can compare. Look,
is the movement a little bit similar? Absolutely it is. Component of SBI..
of bank NIFTY is good. So you can compare it this way. Howevere I do not compare.
If I have to compare, I open it at different places
and after opening it that way I do my work
according to me, okay? And if on coming here you close it then
compare option will get removed also. If you want to, you
can compare like this. But instead of that it's better
that you compare it in two tabs. What is it that you want to
compare. Do you want to do it this way that how is the correlation of
this, of any stock with NIFTY. So you can come to
know that this way, okay? Now let's talk about
this. What is this guys, This bars technique was
something which were used earlier, like this, these
bars were used earlier. Then now all of us use candle. Everyone knows what
is a candlestick, that it is made from value of
open high, low close , then we have something
like hollow candles also, look. Okay? Then you will find Heikin Ashi. Courses of many people
are running on this basis that we will teach you advanced
level now, this is what you have to study. Alrightm use it. I have used everything,
line and all is formed this way, this is what the area is like, this is what one base line is like, this is what a Renko is like. Okay, do they need money for Renko? Okay, no, they opened it anyway. So Renko means.. I have used this also. Brother look, I am telling
new, old, experienced, all traders honestly that there
is nothing better than this. All experienced traders will agree with me
on this, and all new traders please listen, there is nothing better than candlestick,
don't run towards fancy things. All that is mere disturbance which will
stop from you reaching at the right place. All of this sounds very good,
Kagi, Point figure, range, tradingview is into this business,
so thet will have to give it anyway. Timeframe. Now timeframe
changes from here, open one minute, open one hour, open one second, then
it will ask you for money. This we can see on the
second one, second market. The people who use one minute
timeframe would be thinking wow, we can do one minute also then they will
do scalping themselves. Don't do it buddy. Brother, that is short..
use a five minute timeframe, that is much
better according to me, five minute timeframe for
doing intraday trading, okay? But let me tell you a
secret, not a secret actually everyone knows it, but
this is for new people now timframe.. as in you don't
have take the mouse and to go there, straight away type 15 and press Enter. 15 minutes timeframe opens
up. Straight away type 1H, press Enter. You don't have
time, straight away press 1D, press Enter. Straight away press
1M, and one month opens up. Where did you click? Nowhere.
Just type on the keyboard directly. Directly, How do you have to type,
type directly and that's it. Okay? [sound] Press 15, 15 minute
option will open. Okay? 15 minutes option opens up. So,
you can open any option this way, okay? If you will press 5, 5 minutes will open,
if you will press 30, 30 minutes will open, you don't need to write anything
for 1 minute, write H for hour, and you have to write D for day, and
that's how this will open according to you. If you write 7 instead of 1W then
also the one week option will open. Oh, it is not giving anything except
1 for the free account, not a problem. Then, if you will come here and write
Reliance then Reliance will open up. Okay, Reliance
Industries comes here. Hmm, short cuts..don't type
anywhere. Don't take the mouse there, keep sitting where you are and straight
away start tuping NIFTY, N, I, F, T, Y. There are such amazing
short cuts in this, in tradingview, that is why
I am so impressed by it, and all people in the whole
world are impressed by it. Breakout of NIFTY
has happened, and what do you want to
open after this, do you want to open ITC, you want to
open TCS.. just press TCS. Yo get TCS here. So this is another shortcut. Then let's come over here. There are some
settings given here. Some people like dark while
other people like white. Okay, so people use black
because white pinches the eyes. Yes that's true that it pinches,
black is very much comfortable but even though it is comfortable,
I am not able to do trading in it. So I prefer the white
one. I use the glasses and I trade in front of big big screens
which filters blue light. And you also can.. You can do whatever you like,
but nothing else is of any use. Let me give you some
hint on coming here. You know about trend
line, you click here, you click one and leave the next, and
that's how the trend line is drawn, okay? You come here, you click on this, you click anywhere by doing this, you click like this and
trend line is drawn, okay? What is the second thing
which I told you is useful? Horizontal line. You click anywhere, it drops, you click anywhere, it drops. Shortcut, for people using Windows it's Alt and for people using Mac it's Option. Click on Option press H by
placing the mouse anywhere, H, comes here, we get the
mouse here once, H, it has come. H [typing] H, here again, H. Like this you can quickly draw a horizontal
line without wasting any time, okay? You click here, then when
you click and press Option T.. I think it comes with option
T also, yes, it is happening. Yes trend line is coming. From Option, option T,
trend line from option H horizontal line, as in trend line from Alt
and T and horizontal line from Alt and H, I have not used shortcut
for trend line, som let me click there, it is
visible on the top also. I use Alt+H for horizontal. Okay, so I told you this also
now and we learnt this also now that how do we work on this. Okay. So now the last thing which is left, rest of it.. as in
what is to be used where,
I will tell that in the upcoming part. This is the setting we were talking about, okay, look, if suddenly
some problem comes up, if your graph starts
appearing like this suddenly simply just right click and click on reset chart,
everything will become fine. Or if you want to zoom in a little more,
then it does get zoomed with mouse though, if you will hold from
right side and if you move it up and down, even
then it becomes smaller, and by doing this it enlrages also, You can
make it bigger or smaller from here also. And if you are unable to understand
anything just simply right click and reste chart,
otherwise Alt or option R. Now it is reset,
everything is messed up, Alt+R, everything
will become fine, So wherever you will get a basic view 740
00:27:11,074 --> 00:27:10,927 it will become fine with ALT+R
or it will become fine with option R. Okay? That's it, apart from
this you don't need anything else. One of the settings which
comes here by right clicking also like the color theme which you are getting
here you can get it from there also, Setting, this setting and
this setting is the same. Click anywhere and it opens. There is a symbol
coming here, what is that? Hmm, change colour of the
body, why do we need to change it. Why, what is the problem
with green and red, it is perfect. Why you want to this
unnecessary stuff. Don't do it okay? Now if you start this.. now extended hours, post
market, pre market lines okay? This, okay, I will have to
open a shorter timeframe for this, otherwise
it will ont be visible. Now it is visible. We come here. Look, these
yellow lines which you can see right what are these, what are these, that is, actualy when the market closes
at 3:30 then it doesn't close at 3:30 I mean it closes but there
are some calculations. You will always see
that the graph of NIFTY stays at a different place and, let's try TCS right now. What closing is it showing you? It is showing fine here.
Let's open NIFTY, okay? Where is NIFTY
showing it to you? Where has it closed? On 12263. It will show this now okay? But.. okay this small candle
which is over here, look at the time.. time.. It is showing 10 o'clock, oh that's
because we took timeframe.. okay.. first time zone.. I want to explain you
what's the meaning of that, but before that I want
to correct your time zone. I... you know where we
stay? We stay in Kolkata. Right, all we Indians stay in Kolkata, I
don't know why but the world thinks that. So fine, we guys
stay in Kolkata. Okay let's consider this. Now if you see the time would have
been corrected at the bottom also It's 10 o'clock at night and I am
making the video since 8 0'clock. But no worries. Now if I place the mouse
here, can you see the time now? It's finished at 15-15,
it's finished, there should have been one more
candle, there is one more. This slight movement
which has happened guys this is a very less movement,
sometimes the movement is bigger. The market got closed here, it got closed at
12261 on Friday. But one more which is called post market. Just see,
post market would be written somewhere. So it shows... if you need it
then fine, otherwise just close it. What will happen if you close it,
only the yellow lines which you had they will get removed, those yellow lines which were
there. And if you continue this then you will continue to see yellow
lines which are there in you chart. If you don't like the yellow
lines remove it, if you want it you can have
it, if you want to extend it you get that information on website
of NSE also and you get it here also. So this was this, Just let rest of it remain set
the same way as it is, okay? Okay, you can see
this box at the back? Left, bottom, up, left,
right, can you see boxes? Let me tell you what they are. What is symbol,
what should it be, OHLC, let all of this
remain as it is, don't touch it. Let's move onto scale. Symbol name label,
sybmol price label, bid and ask label, see, the
way it is on my screen let it remain as it is, no need
of changing anything over here. Let's move onto appearance. Now this line which is there
at the back, if you don't want it, Like I don't like it, so where
should you go? Go on colour. Your background is white, make it white. It got removed. Make white as background for
horizontal, that also got removed. The chart is plain now, perfect. Now I don't want
session break, I don't need [inaudible] after each
day, let it be like that. If we click on watermark, then
NIFTY will come written at the back. 15 minute timeframe would be
written and index would be written. I don't need it, I know
what I have opened. I don't need watermark. If you want you can take it.
When you come here you can either increase or decrease it's
opacity so that it apppears lighter. ot it should appear hard,
it is visible just a little. But I don't need it, I know what I have
opened. So, we guys don't need all this. Let's move onto trading. Ahh, show position,
show order, what is all this, this is for people who
have a broker account connected, but you
don't have that in FOREX. So there is no need
for all these things. Events. It has started telling nowadays that
which stock does dividend give and when, which stock does split
give, eanings.. the people who have interest in
all these things, they already do the
fundamentals in advance itself. as in the investors and all. So, they
don't need this on tradeing view chart. But even if it is there
that's fine. If you don't want it, remove it, if you
want it, it would be there. And click on OK. We are very much
done with all the things in which we did this, as in so that
for a beginner level we can understand tradingview, and
so that we can do our practice for trading. Now we will start and we
will directly go on my Chrome, I will open in the other tab where
my premium account is already open. What is the difference,
why do we need to take it, what.. now, the level on which I trade so do I really need a three drive
pattern? Yes I do. So let me open Google Chrome. And my account opens here,
now we guys will... here I will.. I will.. let me reset this,
okay? Let me reset this. Let me come over here on NIFTY sectors. After coming here let's click on NIFTY. And, okay, let us start
the video from here, okay? So what all we couldn't do there and
what all can we do more here, okay? So there is nothing here now. Now all those traders
who.. as in those who have been trading for
more than two years now, what all do they need,
let's talk about that. Look buddy, when you
come here, then Pitchfork is useful sometimes, in
case you want to use it. This thing, not Schiff one but this
one can be used some of the times. This thing Fib Retracement
definitely you can use all the time. Now what is this, I will
make a video on this later. You need to hold a low and high for
this, so, you need to hold a high and low, and then you make
a retracement level. You go on the settings of this, when you go on settings of
this you get so many Fib levels. I have closed some of them and I
have kept some of them open specifically. So why.. what is this, if I ever
make a video on Fib I will tell you that. This is what will be useful, along
with horizontal line, this pitch fork, this Fib Retracement, these two things, for a good and normal level profitable trader, these can be useful. Now see this Gann
Box and Gann square, I don't know who are those people, I
have never met them. I have never even read about this in books, I don't
even know if something like this exists. I have seen many people
doing show off though that we know this is this,
this is that. they don't use it themselves but keep
telling others about it. I clearly told you
guys, this thing is used, this thing is.. otherwise
nothing else is used overall. [typing] What is this used
for? This is used for drrawing. What is this used for? This
is used for typing, okay? Right click on this panel and hide it. What is this? I don't
know what this is used for, I don't use this Elliott wave
and all, these are all long term, people are using
it on long charts. I wouldn't comment
anything on this, okay? What is this, side.. what happens
if we take the side, if we do this, Okay, So now let's come to.. good, this might be
of some use, it would be used in some way. [inaudible] What is this, this is an arrow. Okay, all this is of no use. This is something that is very useful as
I have already told you, this is the scale. It is used for measuring
that how much is what.. like I myself use it
sometimes here and see how much has stop loss
reduced, how much is it. So what is better
than that? This thing. This is a very good thing. Here you have long and short. I use
both these things. What does this mean? Suppose I want
to take a trade now Like for example.. like for example I
say that I have made a range, okay? So I said that whenever
this range will break, whenever this range will break then I will buy the trade.
And the range breaks here. So I made the decision
of doing a shot here. So we have to come here, click on shot, and here, where you are
about to do it, you click there. How much stop loss will be placed here? Okay, so for today, you
have put it on the day's low.. on high. You
place the stop loss here. Now you can move the bottom
one also upwards and downwards. You say that you want
the risk to reward ratio of 1:2, and you say that the
range has been broken, and I will get it to 1:2. So
keeo getting it downwards. So now you can decide
that you will exit here. You... look, no one is
God that one can shot here and exit here. No one can do that. If someone
is telling you that, he is bullshitting. That's just fake. A person can only take 1:1.5
or 1:2 or maybe 1:3 sometimes or some pivot levels, some moving
averages, some horizontal levels. But not anyone can take the top
and the bottom, no one can take that. That is why you won't see
overconfidence and all that, either in me or in any
other good trader. But who.. It will become visible to
you that those who boast about themselves and
say that we will do this, we will do that, There is nothing of that sort, the
market is equally tough for everyone. It's just based on experience
level. Due to the experience you reduce the frequency
of doing wrong things. Otherwise there is no
other difference between becoming an experienced
trader and a normal trader. You just don't do the bad things that you are repeating within six months, one
and a half years, two years. I hope you will.. all this.. I have given important
tips at the end of the video. Do watch them for sure
as they will be helpful to you. What did you come
to know from this? That you put this
much stock of 1:2, This is how you can put it. You have to count in a way that
you want to take target only up to here. Can you see this? YOu have got
support here, you get support here. So you want to take
it only upto here. So, you come over
here and till here you.. You come here [inaudible]. Still you are getting
the ratio of 1:1.3. It's not a good trade then. So the risk is this much,
reward is this much. You can avoid or you can take. Never take the trades below 1:1. What did I say? This can be taken,
there is no problem. Ahh, I actually prefer
1:1.5. But if you don't get that then I will leave
the opportunity. But here we can clearly see that range has been broken with a big engulfing candle. That is why I can take
this risk of 1:1.3, 1.3. It is impossible to
take below 1:1.3. Okay, so this was
the shot position. Now, there is a long position
which works in the same way as this. Like you saw that one.. one
double bottom support was made. When double bottom
was created on this wick you take an entry here thinking
that it will be double bottom. You come over here, you made a long position. You clicked here
as you are buying. You will definitely place
stop loss below this over here. And you will make the
target of 1:1 point.. of 1:2. So here 1:1.2 is made. So you can exit over here in this situation. So this is useful for this,
to calculate risk to reward, in a way that whatever amount
of risk you are taking, take at least two times the reward of
that, or three times, or 1.5 times. 1.3 times, below 1.1.. don't
take below 1.3, or below 1.2. You will be charged some brokerage
fees also, who will pay that then. So you can trade by doing this. So this is useful for you
okay? This thing was good. And rest of it, you don't need all this,
forecasting and all. Simply come here, Let me tell you how much it here. You don't need
to list beyond that. And your work
will be done easily. In order to magnify
it you can zoom in. Sometimes we draw the trend line
et cetera by turning on the magnet, So, set... let it remain closed.
Now it will be better for you. Let it remain closed. If anchors are
drawn.. otherwise you go near to OHLC value. This is to lock, as in, It becomes drawing to lock,
as in, trend, horizontal line Keep it open. This hides it. We make a horizontal line. If we will select it then it will
disappear if something like this comes. So that is meant to hide. In order to delete, you can
right click and delete as well. Remove drawing, we can see it again and
again, remove drawing, remove indicator. I am doing that from here. Now for a normal level trader what all things are useful
over here, I told you that. Now what is there at
the bottom guys. Look, what is at the bottom,
let me tell you that. Nothing much, so
what is at the bottom. This X.. You can put down notes
that I.. or you can write journal. I prefer hard copy journal. I think you should also prefer
hard copy journal, don't do it. But if you want to do it, you
can do it, there is ni problem. In the Stock Screener
you can select stocks, as in what all stocks do
you want to see over here that how should they be
performance wise, we guys can set that, if they are giving dividend. So you can set this over here. I have already set NSE here. I have set NSE over here. After setting your NSE here you can.. But I don't want to see it
from here.. tradingview.. If I have.. if I need
any such information then I will already
have a website for that. However I don't have any website,
I have Blooms of my own company. All the information
comes very nicely in that. Here you will get a detailed
view of everything completely. I am just clearly telling
you that generally. You don't need to come
on my company's loop. Install the app of
Economic Times and install Moneycontrol, and ET markets. Install these three
apps, which ones? ET Now, ET Markets,
Moneycontrol and one more, Reuters, R, E, U, T, U..
R, E, U, T, E, R, S, Reuters, for global use,
and one more, Bloomberg. I told you five of them. If
you have these five apps then you get
notifications on them. There is none of them needing
update. Simply use them, that's it. So this was Stock Screener. You understood
what is Text Notes. What is Pine Editor, You can create some indicators
of your own, hmm, you can. Like one of my
students has created this. He made three EMAs. Means
we... he has the free version. Now he has to put three indicators.
He has to put vwap, put pivot.. He has to put three EMAs. So he
created that himself by just using Google. Even you can make it, okay? Just paste the code over here, and on coming here select 'add to chart'.
Then the indicator comes from your name. Strategy Tester, if you
want you can test the strategy with all this,
but I haven't done that. Paper Trading, this is meant
for doing paper trading also okay, you can connect it. And if you are doing a lot of FOREX, which I will do after a few days, so if your broker is over here, then you have one
trade station, where is it.. you have iBroker, Trade Station is here,
this is famous, okay? Forex.com is famous. So when you come here
you can connect and you can directly do the
trading from here itself, you don't need Emoty for, AMP. So it is useful due to that reason, and
so, it is of no use to us as of now, okay? Come to the right side. What is this, this is also showing
you the same thing for connecting with the
broker and nothing else. Now all of this is of no use at all.
Maybe messages might be of some use. So I have seen it for the first
time, I am receiving messages. Messages have come,
someone has sent me a message. But I don't see all this. These are also some
discussions happening. This is of no use, these
are ideas that are coming, This is of no use,
all of this is of no use. Here, there was
some volume gainer. Now select and put Indian stock
exchange and find India NSE. What is the volume gainer here,
so you will get that on NSE also. You can take all this from here. This is good, putting alerts.
You can put unlimited alerts. I have put some of them and
some of those are active also. Okay, you can put alerts, and
then again it's the same thing. My watch list. I can make my
watch list as much as I want to. My list is made this much.
In auto NIFTY I have.. These are the auto stocks that I like. Actually they are not of NIFTY, they are of
auto sector, NIFTY is written wrong there. Even if bank NIFTY is not
there, the banks will be there right. So please don't judge me thinking
that oh, he doesn't know this. Brother, all these bookish
things don't come into use. Learn to do trading, Some poeple keep saying
something or the other and comment that
brother, you didn't have to say this in English
here, you had to say this. So brother if you
know it then you say it, if someone is listening
to you somewhere. All these don't come
under Infra Nifty, but still I have put those that
are related to infra sector, I have put these
many pairs in Forex. So I can make this
much watch list over here, metal Nifty, like that
we can make it, okay? Basically as I was telling you earlier
that I will tell you about watch list. But otherwise if you go on my stock
selection video then it is shown there. But this is my.. ah.. click a photo of this,
pause the video for now and click a photo. I hope you must have clicked it. I am giving you this for
the one below that, look. Now please understand yourself
that what is there and what is not. Whatever is there is
because of some reason. So you.. that is U.S wicks and
this is India wicks, okay? Here it is. So this is my watch list
which I was telling you about that you should
keep. That's it, it's done. Now what is the replay option. Try back testing sometimes, it is really
enjoyable, you get a new strategy, look. The chart has started
looking weird, isn't it? What did you had to press?
Alt+R, or right click and reset chart. So I will press Alt+R and
everything becomes normal, okay? Now I go on replay, we have to come here. How many days replay do
you want, come, come and click. Look, it has reached. Now very nice back testing
can be done. So play it.. of your strategy that yes, this
was made now, that happened now. Now we can set that in how many
seconds and how much timeframe we take. If the candle is of 15 minutes,
we guys can make it 5 also. So you can test your
things like this, okay? Okay, so this is how
we can do the testing. So this is about replay. We can set
alert, we can do this.. here it is right. This chart level. Now if I want
this as two here or I want four, Alt and click, what? Option
or Alt and one single click. Actually we guys were on four. We guys were already working
in one box within the four boxes. Now if we want we can
make it eight here also. We can open such a
big screen also, okay? If we have very big..
four.. as in eight is a , four is something that I
can see even in my laptop, or in a normal screen. And if your screen is veyr
big you can make it eight also. Why do you have to do this? Look,
there can be two to three reasons for that. You can make different kinds
of strategies, different kinds of.. You can make different kinds of
strategies in different kinds of boxes. You can apply it
one just one stock. Or you can open different kinds
of timeframes in the same strategy, Like if you will see
this, you will always see different timeframe in
mine. Here you will see 15, or I keep it as one hour
or 30, 5 here, 15 there. So we will get
different timeframes. But this can be used for that. This is good, it's
good, it is useful to me. It is useful for multiple timeframes
and some multiple things. And as such there
was nothing else. Yes timeframe, that
if we make it 1 minute then.. okay, which market
would be open right now, nothing would be open right now. Even FOREX would be closed right now, Maybe there would be
some movement in BTC USD, Let's open this once. See this, BTC is moving here. This is 1 minute.. 1 minute. Now if I
change this to seconds, 30 seconds, then also it is visible, it is
visible in an appropriate way. Let's make it 15 seconds now. It is still visible. Let's make it 1 second, now
look at this, you will enjoy this. This is how 1 second moves. What did you get, which analysis is done, The people trading one minute
candle must.. must be motivated too much that oh my god, we will
do the 1 minute in 1 second now, So we are fast scalpers. Don't do scalping and
all, use the 5 minute one, work happily, Otherwise
this is personal.. it's your life, you can use 1 minute if you
want, you can use 3 minutes, not a problem. But I will tell you one thing. The move which.. the bursting
movement of 5 minute candle which is there, if there are
5 candles of 1 minute, hmm, Suppose it is about to give movement in this
particular candle, abdolutely [inauidble], It moved suddenly in this one. So it will move in
5 minutes one also. It will move the same way in 3 minutes. So the bursting movement
which is there as per your clock, it is the same in all, 1
minute, 3 minutes, 5 minutes. But I don't know why people
don't understand this thing. So whatever anyone wants
to use, they can use that. But the lesser the
noise, the better. So this was about timeframe. So it will show the same thing here. You will come here anish24, like I
have put my profile photo and all, it will show that. So, that's it. I
think we are done. We are too much done
with tradingview tutorial. And, that's it. I don't need to tell anything
beyond this that you do this, do that. Now whatever things I told
you, now you can check all that. I will put the link at the top
most part of the description box so that there is
no hassle and all. You can come here directly, you
can sign up by entering your email ID. And if you don't want to do
this and Google directly instead, do that as well. I don't..
I have no issues with it. You can use it anyway you like. Okay, I will meet you now.. And now here I will tell you very
important.. two important things. Please follow it
seriously if you can. If you take it seriously,
it would be very good, for you and not for me. And I am already following those things, I am doing them for long term, okay? Okay guys, thank you
so much for listening to me this long. I appreciate your time. Thank you, bye. Alright. So you saw the video. I hope
that you guys would have really enjoyed it, and you would have
got to learn something. You would have certainly got more output
from this video than what you already knew. So, alright. It is the world's best
charting software as per my knowledge okay,
as per my experience. If you want you
can use others also. Earlier you didn't used to get
lot of features also in tradingview. But now you get
it for index also, the feature of stocks
has also been introduced. Now we can see volume
also, we can see vwap also. In fact multi commodity exchange,
India's MCX has also come in trading view. Earlier for gold, we had to see international
gold, and today you use commodity. Silver international.. Come now, the Indian
stock market.. the MCX, that is the multi commodity
exchange of India that's there, things upto that have
also been listed now. Tradingview is a very good software which helps
everyone very nicely. I use only one software
which is this one. Okay, alright. The video has come to an end. Now let's come to the two important tips and
one fact that I was talking about earlier. So two.. buddy, this is literally secret of
trading which I am sharing with you. You may take it seriously or
lightly, oor whatever you take it as, It depends on you
how you want to take it. The first tip. The most important thing
in total stock market is position sizing. You would be thinking
oh, you have told this so many times. But I will say it again. If you guys learn that literally in this trade I have to.. no matter what happens, I don't
have to take the risk above 3%. Or on this day I don't
have to take risk above 5%. And if you take that same amount
and stop even at a good opportunity then you are saved and you
will succeed. Why? Because this is
the one and only secret. We forcibly take so much
bigger position sizing sometimes that when we face a
loss we are unable to sustain ourselves, and
then we do over trading. So the first thing is position sizing. Please make a rule. If
you haven't seen the risk management video then
please go and watch it. Work by setting the risk
per day and risk per trade. Second thing, the most.. biggest
killer of stock market that is overtrading. You take one trade, you incur loss;
you take second one, again you incur loss. you put more money into
third one and incur loss, you take the fourth one and make profit, you take the fifth one
and you incur entire loss. This is called oversizing. If you follow the rule of two stop
loss a day by hook or by crook, I mean, we know it's difficult to
acceptm but if you do accept, then? If you follow it thinking
that I have come to play a test match and I have
not come to play 20-20, I don't have to hit six
sixes on six balls. Okay, after that you have to hit six
sixes in the next over also, okay, then in next... no brother this doesn't
happen, this doesn't happen anywhere. Nobody can.. neither
can Virat Kohli hit that way, nor can Dhoni hit that
way, nobody can hit like that. So I will suggest you that follow
the rule of two stop loss a day. So these were the
risk management rules that will help you to
survive in the market. Then later you can thrive as
well with a good experience. Fact. Whatever money that you.. I am talking to those people who are trading with 2000, 5000,
10,000, 15,000, 25, 50,000 up to 1 lakh. Stop calling it trading
capital from today. Why is that so? Start calling it as
tuition fees, as in? Yes. If you will call it tuition
fees and then you will trade then maybe you will not thinking of doubling
your money tomorrow, Monday morning. Who doubles their tuition fees after all. With that money you.. use it so that you insert,
process in your brain, Foocus on process in
your subconscious brain, and not that process. by doubling it, out of the money option. So if you call this
small capital of yours as trading tuition, if
you call it tuition fees, this is my tuition fees of
trading for the next six months, that is when you will enjoy. And let me tell you clearly that
when you will arrange five lakh rupees then don't waste that money. And that is why learn everything
properly with your tuition fee. The day from you feel that my
consistency is coming on the right track, I don't earn a lot, but
I earn consistently, guys then you won't have
to show your P&L to anyone and neither will you
have to talk to anyone. You will make your own money and you will not give a fuck that who
thinks what about you in this world. So I have given you two very
important tips and a big fact that is is not capital and
rather your tuition fees and spend it carefully otherwise greater amount
of money would be wasted. So, alright. I end
my video with this. I hope you guys
would have enjoyed it. And yes, I will upload the video of
market analysis tomorrow for you guys so that it's useful for you till
Monday, Tuesday, Wednesday, okay? Okay, thank you so much.
Like the video.. like the video. And share it and
subscribe it also. And I'll see you sson in the next
video. Bye guys, thank you so much. [Music]
