TradingView Depth of Market Explained | Buy & Sell Stock
Today we’ll be diving into the Depth of Market Tool within the TradingView platform. We’ll learn how to read it, customize it, and even how to quickly place trades using it.
--------------------------------------------------
Trading Journal (Work in progress)👇
https://traderlog.io/
TradingView (Best charts in the game)
https://www.tradingview.com/?aff_id=30508
Tastyworks (Great for options traders)
https://start.tastyworks.com/#..../login?referralCode=
Webull (UP TO 12 FREE STOCKS)
https://a.webull.com/KJLaoiDnnHrFKovdOg
--------------------------------------------------
The Depth of Market tool, or order book as its more commonly called, is a tool within tradingview that allows us to view all the open orders to buy or sell at specific price levels. People refer to it as an order book, because that’s essentially what it is. A view of open orders people have actually place to buy or sell the stock.
Timestamps
0:00 Intro to DOM
0:38 How to open DOM
2:03 Order book explained
3:24 How to place limit orders
5:45 DOM buttons explained
7:17 Outro
--------------------------------------------------
You should not treat any opinion expressed on this YouTube channel as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of opinion. Opinions expressed are based upon information considered reliable, but this YouTube channel does not warrant its completeness or accuracy, and it should not be relied upon as such. This YouTube channel is not under any obligation to update or correct any information provided in these videos or their descriptions. Statements and opinions are subject to change without notice.
Disclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.