TradingView makes it simple to practice trading without risking real money by using their built-in Paper Trading (Demo) Account. Follow these steps to get started:
Step 1: Sign In to TradingView
Go to TradingView and log in (or create a free account if you don’t already have one).
Step 2: Open a Chart
From the top menu, click Chart to open your first chart window.
Step 3: Open the Trading Panel
At the bottom of the chart, click on the Trading Panel tab.
This will show you a list of broker options.
Step 4: Select “Paper Trading”
In the Trading Panel, click on Paper Trading by TradingView.
Then select Connect.
Step 5: Confirm Connection
Once connected, you’ll see your demo account balance appear in the lower panel.
By default, TradingView gives you a $100,000 simulated balance.
Step 6: Start Trading in Demo Mode
Use the Buy and Sell buttons directly on the chart to practice.
You can track your open positions and order history in the trading panel.
You can monitor your open positions, orders, and trade history in the trading panel.
Setting Stop Loss & Take Profit
If you’d like to set your Stop Loss (SL) and Take Profit (TP) in dollar amounts or as a percentage of your account, TradingView explains how to do this in detail here:
https://www.tradingview.com/support/solutions/43000480940-i-d-like-to-set-my-take-profit-and-stop-loss-in-dollar-terms-and-as-a-percentage-of-my-account-balance/
✅ Pro Tip: If you want to reset your paper trading balance, click the gear icon (⚙️) → Reset Paper Trading Account in the trading panel.
⚡ Reminder: TradingView’s demo account is best for practicing strategies and learning the platform, but it does not simulate slippage or real execution conditions exactly.
⚠️ Disclaimer: This information is provided for educational purposes only and does not constitute financial advice. Trading involves significant risk, and past performance does not guarantee future results. Always assess your own risk tolerance and trading plan before entering any position.