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A Review of TradingView

 

May 12, 2021 (Investorideas.com Newswire) TradingView is often seen as an essential tool for investors due to its wonderful low-cost charts as well as its analysis of the latest stock picks. Both new and experienced traders can easily take advantage of this great cloud-charting and social networking software to be able to make better stock purchases. It is also highly accessible which is just another reason it is so sought after. In this TradingView review, we will take a good look into the pros and cons of TradingView and how it can work for you.

If you have become obsessed with charts and are looking to use the most in-depth technical analysis tool available right now, TradingView has you completely covered. The charts offered by TradingView are used daily by tens of thousands of active traders and the information is presented in real-time. Investors can easily choose from a large variety of the most popular charts and there is plenty of information available completely free of charge.

If cryptocurrency may capture your interest, check out this BlockFi review as well! For now, we will take a good look into this great platform that can be used by traders all over the world today. It is truly one of the most intriguing offerings in the investing world today. Let's talk pros and cons of TradingView.

The pros and cons of TradingView

As with everything in this world, there are pros and cons you must first consider as not everything has a one size fits all option. It can be hard to look past the absolutely wonderful charting options and that is why they are a favourite feature of many different investors. Not only beginners but also more experienced beginners will have everything they need with the free program. TradingView is proven to be the best technical analysis platform for making stock picks.

Being founded by the same people that produced MultiCharts, it offers absolutely everything that you would ever expect from a premium level charting suite. On top of that, it also has the great ability to operate on mobile devices which makes it incredibly convenient.

Pros

  • Community-produced indicators
  • Basic charting and analysis with a free account
  • Compatible on both desktop and mobile

Cons

  • Premium packages are very pricey
  • There is very limited support available for most brokerage platforms

Is TradingView right for you?

Much like every other review of TradingView, we agree with the fact that this platform is an excellent source of data and analysis. There are many great tools available to support both newer and experienced investors on their journey, TradingView far surpasses any and all of its competitors. However, the value of some of their premium membership levels can prove quite questionable at times as they do tend to soar high.

Only a very limited number of serious investors will find the value for money, particularly in the pro membership program. Overall, TradingView charts are considered to be absolutely essential for any serious investors and once you begin using it, you won't know how you ever lived without it. Check out TradingView today, create a free account, and start picking winning stocks.

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