I want to talk about the TradingView paper trading.
You can think of this like having a demo account, to place buy and sell orders using virtual money so it doesn't affect your own capital.
There's no risk.
To do that, you can just pretend that you're trading the markets live right now.
So to get the trades going on, you can right-click and then go down to trade:
You can either buy this USD/SGD right now or sell or create a new order.
But to make your life easier if you want to paper trade often, right-click and go to settings:
Click the trading tab and you’ll want to show the buy-sell panel:
Click on this and you notice that this buy-sell panel is open:
So in future, when you want to paper trade, you can quickly sell or buy.
Let's say AUD/USD, the market is bearish right now:
So if you want to sell, you’ll click Sell.
This order window will pop up:
Let’s say you want to short the markets with 50,000 units.
And let's say you have a target profit level of $0.67.
When you set your take profit level or stop loss level, you can set it in terms of pips or the exact price level.