Mastering the Tradovate Trading Platform

📈 The video discusses how to use the Tradovate platform for buying and selling trades, scaling in and out, and adding charts and DOM tools.

🛠️ The platform offers useful features like stop losses, hard stops, and brackets to manage trades effectively.

📊 The speaker demonstrates how to set up the platform by adding charts and DOM tools for specific contracts like NQ and ES.

📊 Tradovate provides a platform for charting and trading.

🔧 The speaker demonstrates how to customize charts by removing indicators and adjusting settings.

🎨 Users can change the color scheme of their charts.

🖌️ Tradovate offers drawing tools for charting, though the speaker prefers to use a different platform for this purpose.

💡 You can customize your candlestick display and choose your preferred Candlestick type.

📊 You can add tabs to switch between trading minis and micros, with different tickers for each.

📈 To place trades, simply click the buy button to bet on the stock or Futures contracts going up.

📈 You can exit a long position by selling at market.

📉 To go short, you can sell and bet on the stock or futures contract to come down.

💰 Scaling in and out allows you to manage your position size effectively.

📈 Scaling out of positions by selling half of the current position and taking profits.

📉 Scaling into positions by adding more contracts to the current position.

⚙️ Setting up brackets in the Trade Away platform for managing trades.

💡 Tradovate allows users to set up brackets for their trades, including take profit and stop loss levels.

🔍 Different types of stop orders can be used, such as trailing stops and steady stops.

📈 Tradovate's bracket functionality allows for automatic trailing of stop loss and take profit levels.

📊 Using brackets in Tradovate can help scalpers manage risk and be more conservative.

💰 Tradovate offers a subscription plan for $200 a month with no fees, which is beneficial for frequent traders.

📅 Live trading sessions and educational sessions are available on Discord, Monday through Friday.