Learn how to use the Long and Short Position Tools on fyersweb TradingView charts. Learn how to use the long and short position tools on TradingView to calculate your risk to reward ratio and position sizing, These tools are essential for planning your trade out before the trade is actually made. Take a step back, do your research, and visualize the trade on a chart. Identify the right risk to reward ratio or RR ratio. The Long and Short Position tools will show your trade on the chart so that you can plan it out before taking it. you can place a bracket order from the chart in fyers web..
Open the tool settings to adjust the parameters of the trade, the colors, lines, and other specific details. This tool can be used on all asset classes from stocks to forex and crypto. Select the tool and then click on your chart where you want to plan your trade.
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