Thinkorswim review reddit
Thinkorswim review reddit. Oh damn. m. 52K subscribers in the thinkorswim community. April 30, 2024 January 13, 2023. His theory in a nutshell is that if a large gap up in price and volume takes place in one candlestick, then the length of that candlestick will probably offer an area of support in the event of a pullback. g. 10 higher than Schwab. And this is another reason I'm finding tradestation to be laughable, flimsy and cheap. That is nothing new. The download is free, the scanning, alerting, charting capabilities are top notch. Ive been recently using Fidelity active trader pro and doesn’t like very much. Aug 14, 2024 路 Thinkorswim vs. Tradingview and Thinkorswim have the stochrsi indicator built in ready to go at all times and yet tradestation relies on a third party in their "tradingappstore" to supply this fundamental technical Oct 16, 2023 路 NOW PLAYING How To Become A Stock Market Millionaire – And The Fastest Way To Get There. It Many features are lacking on the primary platform that Robinhood offers. thinkorswim is a great platform and is what i use to day trade. Everytime, Thinkorswim answer is same " Ooh so sorry for the issues, everything is back up, please let us know if issues happen again" hot keys for ToS are awful, well known fact you can find numerous tutorials on. Everything is an abbreviation, and the depth of bracketed trade tickets available eclipse most other platforms. Will need to look at it. Charles Schwab (), an IBD Best Online Broker that bought TD Ameritrade in 2020, on Monday said it plans Once you have opened an account with Charles Schwab, log in to thinkorswim Web to access essential trading tools and begin trading on our web-based platform. Thanks for sharing, sounds like you got duped by a shady app and thanks for sharing your experience. Thankfully though, as far as GME/AMC shares go, I have them stored with Fidelity but I'll be completely honest, lately I've picked up on some shady things that makes me wo The unofficial subreddit for thinkorswim®. I hate it, but we are forced to use it in May 2024 if we stay with Schwab when TDA changes over. I don’t know why the hate. So in a nutshell, in my experience - thinkorswim is the best "all-in-one" I have come across to date. I wasn’t even aware there was a ToS bundle or affiliation of any kind. Schwab does offer some online "Schwab Coaching" vidoes. even though similar tools are on the broker software. ThinkOrSwim is a silly name. But the platform itself it awesome, I use it daily just for charting. $0 commission trading: There are no fees for trading U. Thinkorswim (TOS) Jan 13, 2023 路 ThinkOrSwim Review. When it comes to charts, my go-to choice is thinkorswim. So when you add that with the platform fee, its 140$ total per month, but that can go all the way down to 10$ per month if you rack up enough commissions to offset the platform fee. id say a contender for tos is schwabs street smart edge platform May 9, 2024 路 Regarding charting, Thinkorswim’s good reputation precedes them so much that many traders will open an account with T. Also ThinkOrSwim has better charts馃し馃従鈾傦笍 Reply reply thedispellerdarkness • But an experience and market seasoned trader with 100k+ account should have Hi guys, I just wanted to say I love the subreddit, especially the wiki. thinkorswim is a free platform that only works with Schwab and TD Ameritrade and offers trading for stocks, options Fees are a little too high, and they don't have Direct Market Access, so your executions might be a little slower. D. I came across an interesting trading theory today, from this video: How to Buy the Dip in trading?Small Account Long Strategy - YouTube. The video has to be an activity that the person is known for. This review will really save me some time in typing it all out. No sweat and gotcha. This includes beginner questions and portfolio help. 57 votes, 18 comments. 95 per contract in their review by Investopedia. ThinkOrSwim is a professional-grade trading platform offered by TD Ameritrade. the market data fee is 10 bucks per month assuming you're not using lightspeed as a professional trader. S. there are separate servers. Customization Thinkorswim's default font is small to fit lots of information into one window, but you can increase the font size. 14 votes, 61 comments. If you’re having trouble for whatever reason, go through their options training course on their website and once you pass, let them know and they’ll review and you’ll most likely get everything except naked options I had a 20k account and was able to do that The unofficial subreddit for thinkorswim®. Pros. Is there a way to place limit order trade without entering price manually ? Thinkorswim has nice price ladder where you can click to submit fast buy or sell orders as market moves. 3. With minimal funding, Ameritrade uses Thinkorswim to plan its trades and chart while trading with another broker. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. LOL. The unofficial subreddit for thinkorswim®. We turned to Reddit for a deep dive into Thinkorswim’s interface and discovered that traders are quick to praise the platform’s charting capabilities. Aug 14, 2024 路 Thinkorswim often takes longer to load due to regular updates. to connect to the correct server requires TDA to pay license/data access fees for your account, and since they are 'commission free' the way they justify it is that it's backed by a real account with at least little bit of money in it. That said, I read that TW’s option order price improvement is $2. I do like the layout with the prices paid for each equity you own showing & some of the other dashboard features. DAS Trader Introduction Two of the leading platforms for active trading are Charles Schwab’s thinkorswim (TOS) and DAS Trader. Alternatively, if you want access to the full suite of thinkorswim features, including enhanced customizable charts and more complex trading functions, you can use the desktop app. Eastern and 7 a. But, then I woke up and realized that the executions and pricing were total garbage. That’s the highest for option order price improvement of all the brokers Investopedia did 2020 reviews on. Aug 30, 2024 路 Full TradingView Review: Read my full review of TradingView; thinkorswim is also a charting platform, but it is owned by the brokerage Schwab, meaning you must have an funded Schwab or TD Ameritrade account to use the platform. Be part of the community, share your thoughts and have fun. Who's picking these names? We are Reddit's primary hub for all things modding, from troubleshooting for beginners to creation of mods by experts. I think the problem is the real-time data setting. market data fee is separate. Since I only use thinkorswim for charting and DAS Trader for order entry, I'm going to set the thinkorswim quote speed to "Fast (max delay 1 second)" instead of "Real-time (no delay)" and give that a shot tomorrow. Thinkorswim has always had periods of lag now and then. Feb 2, 2024 路 Thinkorswim is a well-equipped platform, but that robust functionality comes with a clear tradeoff; it’s not the most user-friendly software on the market. . As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Jul 19, 2024 路 Thinkorswim is an excellent trading platform for scalp traders, day traders, options traders, swing traders, futures traders, and FOREX traders. 4. This is where Thinkorswim freezes up, does not reflect order updates, does not show that my order is cancelled or sometimes simply freezes This had in lot of days in Feb and March and 2 times this week already. The ThinkorSwim review articles speak for themselves. It's one of the few wikis I read from beginning to end. I'm thinking of doing a post on my RS swing trading strategy with option debt spread as soon as things settle down at my new job. Dec 18, 2023 路 Learn about ThinkorSwim, an advanced trading platform by Charles Schwab, from The College Investor. A place to focus primarily on all things related to Charles Schwab. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. limited number of tickers, delay, etc. Find out its benefits, drawbacks, and how to use it for stocks, options, futures and more. 51K subscribers in the thinkorswim community. Intimidating at first, but practice with it, It's an incredible platform. Jul 8, 2021 路 Thinkorswim doesn’t come with the same built-in community, but the platform’s popularity means that you can find groups of other Thinkorswim users. i just recently swtiched over from robinhood to thinkorswim. exchange-listed stocks, ETFs and options, though there is a fee of $0. their mobile app and desktop app are both amazing which is a really good thing. We do have the option to use the Schwab trading platform, which stinks in my opinion. Trading View is supreme because of the interface and charting creativity it affords IMO. there are ways to close all positions within thinkorswim but other than that you'll need to manually select the stock or use limit orders to execute orders Mar 5, 2024 路 What Is the Difference Between Thinkorswim and TD Ameritrade? Thinkorswim is part of TD Ameritrade, but they serve different purposes. and the broker ish doesnt even come close. However, there are a few drawbacks to consider with tastytrade: firstly, their charts are decent but could use some enhancements; secondly, their commissions might be slightly higher compared to others; and thirdly, while they allow bracket (OCO) orders for options in equities, it’s The unofficial subreddit for thinkorswim®. We ask that you please take a minute to read through the rules and check out the resources provided before creating a post, especially if you are new here. Learn about its features, fees, effectiveness and alternatives, and see how it compares to other brokers. Annoying new learning. thinkorswim® is owned by TD Ameritrade, which has recently… Wow, that’s a lot. From what I've seen, ThinkOrSwim will do everything and more than you can now do with SSE. however, i want to make sure im not missing out on anything. Not to mention I was assigned on more contracts than when I was trading at ETrade or Tradestation. You can also call phone support, send an email or view the online help database. I’ve been using thinkorswim since 2016. Albeit not the best for day trading, depending on your strategy-due to high priced commissions. Both offer powerful tools for traders, but they focus on different strengths. News, Reviews, Tips, Discussions and more about the Galaxy Fold line, but also other foldables and related stuff. A celebrity or professional pretending to be amateur usually under disguise. Let's say Thinkorswim is an 8 out of 10 across all functions, and "best-of-bread" platforms, for each specific function, would be a 9 out of 10 rating (I never give 10 out of 10 - lol). I have used Thinkorswim platform for TDA and loved it. Long-term investors can absolutely get value out of thinkorswim but there really aren’t any portfolio management features available. If you fund your account, you get access to real time level 2 which can cost hundreds of dollars per month for a live subscription. thinkorswim® is owned by TD Ameritrade, which has recently been acquired by Charles Schwab. I heard there was a learning curve but a more user-friendly interface would be nice. We would like to show you a description here but the site won’t allow us. thinkorswim® is owned by TD… Aug 12, 2024 路 Thinkorswim Review: App, Features, Paper Trading, Pricing and Fees Reviews Eric Esposito 10 Best Stock Chart Apps, Software & Websites in 2024 [Free & Paid] I've recently downloaded the td ameritrade platform "Thinkorswim" just to check it out. This would never in a million years happen at Thinkorswim. Introduction. 65 per option contract. I can't speak to day trading on ToS, but for years, I traded between 400K and 600K option contracts a year there. Rating. Let's dive into each trading platform to help you decide which will be the better fit for you. io and Reddit both have Thinkorswim-related forums where you can find custom scripts and tips on how to use the platform. I still don’t know of a better trading platform. to 8 p. These include streaming business news, which other brokers, including TD Ameritrade, do provide; and mobile check deposit, which would be a convenient method of moving funds into the broker. its been about a month and i really like it. I’ve had no issues with the schwab takeover. but what do you mean "auto-send"? hot keys by definition are manual, if you want "auto" then you might look into bots compatible with ToS like ninjatrader. Nothing but good things to say. Once inside, you'll notice that thinkorswim is more complex, while StreetSmart Edge is designed to be more intuitive and easier to learn. ThinkOrSwim does a fantastic job of making you feel like you've forgotten what stocks even are. I have tried to switch to the ThinkorSwim platform and I have the same problem you have. For example, a professional tennis player pretending to be an amateur tennis player or a famous singer smurfing as an unknown singer. Now that the market is closed, thinkorswim is super buttery smooth. Other brokers have OLD substandard/ antiquated interfaces and are not user friendly for effective charting. to 6 p. That’s surprising because the PFOF TW retains is about $0. m on Fridays. its not user friendly and is not as effective as TV. This is a community, full of seasoned investors and newbies, focusing around the idea that investing is not as scary as some people make it. thinkorswim® is owned by TD… A place to focus primarily on all things related to Charles Schwab. Here was my journey on learning the ropes and trying out various software. com Mar 24, 2023 路 SmartAsset reviews thinkorswim, a powerful platform for sophisticated investors who make frequent or complex trades. do you guys have any define preferences that thinkorswim has that no other broker could even compete? thinking about maybe switching to webull as its almost to thinkorswim without the options fees 48K subscribers in the thinkorswim community. I have broker software and TV. Apr 25, 2023 路 What customer service options does thinkorswim offer? Live chat support for thinkorswim is available Monday through Thursday from 7 a. See full list on daytradereview. I use both the Schwab and thinkorswim apps and really like both, I've sold a few covered calls on thinkorswim and I think it's a solid interface if that's what you're looking to do, and I know that both companies have good customer support. Jan 5, 2024 路 In particular, the web-based thinkorswim dashboard is a more streamlined option if you just want to place basic trades, review charts, or read earnings reports. Thinkorswim is the advanced trading platform geared towards active traders, while TD Ameritrade offers broader brokerage services, including IRA accounts, wealth management, and general investment. So def not taking any long positions with meme stocks with them. Robust educational offerings: TD Ameritrade offers plenty of options for investor education, including a risk-free paper trading platform that allows users to practice by trading virtual money. Please add your user flair, it'll help everyone for better understanding and sharing content. For example, Futures. If it’s a hobbled version of the full Bookmap but more affordable, I’d change if it’s not hobbled in an impactful way, e. vnh omtbuoz ikpwzyp fxztbi yfe jly kycmxca sgeoy padsta mggnh