Mastering the Tradovate Trading Platform

Learn how to use Tradovate platform for trading, adding charts and DOM, customizing candlestick and trading options, setting up brackets, and managing risk.

00:00:00 Learn how to use the Tradovate platform for buying, selling, scaling in and out of trades, adding charts and DOM, and utilizing stop losses and brackets.

📈 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.

00:01:37 Learn how to customize your charts on Tradovate and access drawing tools for charting.

📊 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.

00:03:12 Learn how to customize your candlestick and trading options for minis and micros on Tradovate platform. Understand the simple process of buying and selling trades.

💡 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.

00:04:51 Learn how to enter and exit positions in Tradovate, as well as how to scale in and out of trades.

📈 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.

00:06:28 Learn how to scale in and out of positions, set up brackets, and trade micros instead of minis to manage risk and maximize profits on Tradovate.

📈 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.

00:08:07 Learn how to set up different types of brackets for taking profit and stop loss levels in Tradovate.

💡 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.

00:09:44 Learn all about Tradovate, a platform with great brackets for managing risk. They offer a subscription plan for fee-free trading. Join their live trading sessions on Discord.

📊 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.

Summary of a video "Tradovate | Everything You Need To Know" by TradersEvolve on YouTube.

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