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Demo Trading with ThinkOrSwim paperMoney®

Sign up for a ThinkOrSwim paperMoney demo trading account here:
http://easycators.com/papermoney

Download the ThinkOrSwim app here:
http://easycators.com/download

Download ThinkOrSwim Paper Money and signup to demo trade with the professional trader tools from TD Ameritrade. Paper trading is available for free for 60 days for those without a funded TOS account, and is included for free with any funded account.

Think Or Swim Paper Money includes all kinds of free indicators already installed and ready to use. You can also download and install premium indicators from SWIMdicators if you need some additional trading tools.

ThinkOrSwim’s paperMoney demo trading platform includes almost all the same features as the main “real money” trading platform. The main difference is that in Paper Money the market data is delayed by about 20 minutes. So the latest bars on your chart will be older bars — they won’t be the real time current market data.

Other than that, though, the platform is great, and it allows you to test almost any product, instrument, strategy, indicator, etc., just like in the real money program.

Once you’ve perfected your strategy over a series of sample trades, now it’s time to logout of think-or-swim, switch over to “live trading,” and make some REAL money!

I think it’s still made of “paper” though. 🙂

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Options Hacker Tutorial for ThinkOrSwim

 

https://easycators.com/thinkorswim/tutorials/thinkorswim-tutorial-scanning-options-hacker/

I noticed that there is not very much information out there on the Options Hacker option scanner for Think-Or-Swim. So I wanted to do a quick ThinkOrSwim tutorial on Options Hacker and at least note some of the differences between it and Stock Hacker.

So I made this short video where I show you how to set up a customized options scan in think or swim. I also show you how to add stock filters, option filters, and custom study filters for the underlying stock. I show you how to narrow and sort the results, and finally, how to save the scan to use later.

Trading options can be a lot more complex than stocks, forex, or futures. Spreads can be dreadful. It can be hard and time consuming to find the best stock option to use. So traders need all the help they can get. Proper use of Options Hacker can really speed up analysis and trade qualification, so it can be highly beneficial.

Let me know in the comments if you have any questions. Meanwhile, feel free to checkout the accompanying ThinkOrSwim tutorial on our blog at https://easycators.com/thinkorswim/tutorials/thinkorswim-tutorial-scanning-options-hacker/