so you want to learn more about TD Ameritrade think or swim platform you
want to learn about day trading with it we're going to talk about it in this
video so this is my set up this is my think or swim setup I don't normally
trade with this in the videos usually trading with - trader pro but I'm going
to talk about how I trade would think or swim in this video talking about my
setup what I use why I like thinkorswim for day trading some time and the actual
platform itself and what it's all about the one thing you need to do when you're
using thinkorswim you're going to go up here to setup you're going to go to
application settings you want to make sure you go in here to system and put it
to real time no delay normally they put it at like moderate so you have like a
three-second delay but the best thing to do is put it there to no delay another
thing I like to do is I can go here to order to follow things but limit as my
order default you can adjust your hotkeys there in this setup to go to get
in and out you can see here I've got two charts pulled up on my face over there
but I got two charts pulled up right now I got buttons here in the middle he's
called big buttons they got different buttons let me just click buy market
let's buy click auto send I can easily just by market it was click boom buy a
market if I want to do the same thing I can sell it market this boom clicks
right there in and out with one click and then I have the option over here I
have my active trader - ladder and basically what that is is showing the
price and it's kind of like level 2 in terms of it'll show it over here will
show where the videos over here oh sure where the ask is or show where the
recent price soles of the bid is at 956 the ass is at 9:59 I can jump in there
at 9 67 try to get billed and just click right there one click in and out instant
Buy I can buy buy buy and I can go up there I can set my stop limit in terms
of getting in and out I can also set my stop limit if the stock's coming down I
can just click where I want to put my stop at and click it right there so
really easy to use action trader to ladder I love this feature with
thinkorswim it's really cool normally during the day the stock is going crazy
and things are really moving around there but if I want to get in and out of
the stock fast I can use the actuators use one click there boom in and out it's
similar to a hockey but you're just using your mouse to click in and out
they're getting out sometimes the stocks moving really fast I'd be careful
because sometimes it just jumps up and down you got to really be pay attention
here there's so many features and things you can customize here in thinkorswim
it's very very customizable and every person has their own different way of
using thinkorswim and setting it up this is how I like to set it up I have my
two charts there I can watch two different stocks the same time I can
trade to to my socks a lot of times what I do is I'm treating different ETS or
I'm trading like Jay dust and and Nuggets stuff like that I can keep an
eye on different things and have two charts pulled up there I can kind of be
in and out quickly if one's going up or down reversing I can jump in and out of
one take profit on one job on the other one as its reversing and it's kind of
cool to have those options have it all just pulled up on the screen there are
two different stocks they got my two active trader brackets there and then
and then I have the big buttons there's I can pull up level two as well it'll
pull up on the side they are quickly pulling up level to seeing what's the
bid and then ask as well you can really really get crazy here if you want to
customize the move things around and other than that it was a couple other
cool features you have the scanning feature you can really adjust all these
different parameters to adjust your scanner settings that's all right here
on thinkorswim you don't need to go and buy a different
scanning system you can use it all here and think you're swimming pretty cool
you can set up different watchlist you can do all kinds of things very very
intuitive there's a lot of features inside of thinkorswim but like always I
like to keep everything simple and easy I have my two charts my big buttons my
active trader and I can get in and out fast click click click no problem it's
pretty cool thinkorswim looks prettier than - shooter pro it looks a little bit
newer and cleaner but overall it's very similar in terms of you know what it
does whereas buying or selling stocks in and out fast I don't need a lot of crazy
different features I just need to go to get in and out fast that's really the
name of the game for me so really the important thing is to go out there and
try all the different platforms figure out which broker works best for you
which one you like the most which one is the best customer service and which one
is going to work the best for your type of trade
you