common-close-0
BYDFi
Trade wherever you are!

How to paper trade cryptocurrency options on TradingView?

avatarsophieggwelchivDec 27, 2021 · 3 years ago3 answers

Can you provide a step-by-step guide on how to paper trade cryptocurrency options on TradingView? I want to practice trading options without risking real money.

How to paper trade cryptocurrency options on TradingView?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Sure! Here's a step-by-step guide on how to paper trade cryptocurrency options on TradingView: 1. Sign up for a TradingView account if you don't have one already. 2. Go to the TradingView website and log in to your account. 3. On the main page, click on 'Chart' to open the trading chart. 4. Select the cryptocurrency you want to trade options on from the list of available assets. 5. Click on the 'Indicators' button and search for 'Options'. 6. Choose the options indicator that suits your trading strategy. 7. Customize the indicator settings according to your preferences. 8. Once you have set up the options indicator, you can start paper trading by placing virtual trades on the chart. Remember, paper trading allows you to practice trading options without using real money. It's a great way to test your strategies and improve your skills before risking your hard-earned cash.
  • avatarDec 27, 2021 · 3 years ago
    No worries! I've got you covered. Here's a simple guide to paper trading cryptocurrency options on TradingView: 1. First, create an account on TradingView if you don't have one already. 2. Log in to your TradingView account and navigate to the trading chart. 3. Choose the cryptocurrency you want to trade options on from the available options. 4. Look for the 'Indicators' button and search for 'Options'. 5. Select the options indicator that best suits your trading style. 6. Customize the indicator settings to match your preferences. 7. Once you have set up the options indicator, you can start paper trading by placing virtual trades on the chart. Remember, paper trading allows you to practice trading options without risking real money. It's a safe way to learn and improve your trading skills.
  • avatarDec 27, 2021 · 3 years ago
    Absolutely! Here's a step-by-step guide on how to paper trade cryptocurrency options on TradingView: 1. Open a TradingView account if you don't have one already. 2. Log in to your TradingView account and go to the trading chart. 3. Choose the cryptocurrency you want to trade options on from the available options. 4. Click on the 'Indicators' button and search for 'Options'. 5. Select the options indicator that suits your trading strategy. 6. Customize the indicator settings according to your preferences. 7. Once you have set up the options indicator, you can start paper trading by placing virtual trades on the chart. Remember, paper trading allows you to practice trading options without risking real money. It's a great way to gain experience and test your strategies before diving into the real market. Happy trading!