how to place a limit order on tradingview?

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Place a limit order on TradingView is an efficient way to execute a specific transaction at a predefined price or better. This article will provide a step-by-step guide on how to place a limit order on TradingView, one of the most popular platforms for financial market analysis and trading.

1. Create an Account and Login

First, create an account on TradingView (https://www.tradingview.com/) and log in with your credentials. If you don't have an account, you can sign up for a free trial or choose a paid plan according to your needs and budget.

2. Find the Stock or ETF You Want to Trade

Visit the stock or exchange-traded fund (ETF) you want to place a limit order for on the main screen of TradingView. If you don't know which stock or ETF to choose, perform a market watch using the search bar or the "Market" tab.

3. Perform a Market Watch

A market watch is a powerful feature on TradingView that allows you to monitor the price action of a specific stock or ETF. To perform a market watch, click the "Market" tab and type the stock symbol or search for it using the search bar. You can also use the Market Watch toolbar button to set up a watch.

4. Place a Limit Order

Once you've found the stock or ETF you want to trade, click the "Order" tab on the left sidebar. Here, you'll see a section called "Limit Orders." To place a limit order, fill in the following details:

- Order Type: Choose "Limit" from the drop-down menu.

- Symbol: Enter the stock or ETF symbol.

- Price: Enter the price at which you want to execute your limit order. This should be higher than the current market price to ensure your order is executed.

- Quantity: Enter the number of shares or units you want to purchase or sell.

- Expiry: You can choose to have your limit order expire immediately or at a specific date in the future.

After filling in all the necessary details, click "Submit" to place your limit order. Your order will be added to your order history and will be executed once the stock or ETF price reaches your predefined price.

5. Track Your Order

To track the status of your limit order, navigate to the "Orders" tab on the left sidebar. Here, you can view all your active and completed orders, including your limit order.

Placing a limit order on TradingView is an efficient way to execute a specific transaction at a predefined price or better. By following these steps, you can successfully place and manage limit orders on the popular financial market platform. Remember to always stay informed about the market situation and use multiple tools to make informed trading decisions.

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