How to Use Long and Short Position Tool on TradingView 2021

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In this video, I will be showing you how to use the long and short position tool on Trading View in 2021.

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Timestamps:
Intro: 00:00
Long Position Box: 00:10
Short Position Box: 01:57
Common misconceptions: 03:28
Outro: 04:42

yangatrades
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I have watched so many videos regarding this but none explains clearly but you did, Thank you 😊

vidhitoadarsh
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Ohhh so the middle is the entry point, I knew I was lining this up wrong, much appreciated!

tinocarrier
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Thanks for explaining this quickly. Easy to understand

onlymissmoe
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NO details at alll...HOw about explaining about the %, lotsize and meaning of all the numbers?

heybear
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Could someone please explain when you enter your risk size in percentage or USD are you stating: I want to risk (use) 500 dollars out of my 10000 available account size in this trade? If this is correct, does the tool automatically calculate how many shares you need for your goal? How do I set this up for example: I have an available account balance of 10000 USD, I want to put 500 into this single trade, buying 1 share, 2 to one? Thanks all, I"m almost there.

quincybaker
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Nice, short, and easy to understand. I give this a video an A- overall, keep up the good work!

joshuagreene
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But after you calculate your position with the tool how do you actually enter the trade?

andrewcole
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For what ever reason my long/short position tool doesn't enter my trades in demo mode..I'm testing a couple of indicators before I go live with the strategies....damn you just answered my question 😉

karydickens
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Here is what I found - Account Size is in 1 K units (a 10, 000 account would be entered as 10). Risk is the amount you wish to trade in percentage of your account or in USD. TP and SL are your choice by graph or by direct entry. When you look at the drawing the ratio is what you set, the Amount is your risk in USD or your profit in USD - also provided is your percent gained or lost with the trade expressed in the anti-log tangent of factor 42. Yeah pretty simple.

hostentroffmei
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Thank you very much for sharing M'm

chandrashekharahire
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Hello Yanga, how did you reverse the tool at 2:24 (to get the RED on top of the GREEN) ?

gibsb
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Great! Thanks for giving me this tool.

bomalawson
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So after you set up your box, how do you "enter" the trade?

GBCJ_LosAngeles
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Thank you for the update. Excellent explanation.

celiasennon
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Hello Nice video Can you explain how to actually place the trade after we’ve done the long and short position?

jnsam
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Thanks for the video. it seams my short position is rather up, and the long is down is there any settings I should do to bring it normal.

MyloveforAsanteman
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Wow this was what I was looking for thanks

holbrook-ulcf
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hello thanks but for me this option doesn't work. when i try to place my position, it doesn't activate may i activate any option in the setting or something like this? i don't want to clic several times on the bottom trade and activating stop-loss take profit again and again it's very busying and too slow please help me how to activate this way

lynykak
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Where do I set it to buy market where price is currently? I use panda and it auto sets the buy/sell spot unless I do a sell entry. I want the position tool to go exactly where price is currently.

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