thinkorswim® Tutorial: Introduction to thinkorswim® Desktop

thinkorswim® is an industry-leading trading platform offering powerful trading tools, real-time data, and powerful analytics. In this tutorial, we'll provide a high-level tour of the most commonly used features of the thinkorswim trading platform.

0:00 Welcome
0:17 Downloading thinkorswim
0:50 Logging in to thinkorswim
1:23 thinkorswim layout
2:15 Left-hand sidebar setup
3:24 Add Live News to left sidebar
3:45 Watchlists
5:06 Intro to charts
6:23 Switching chart types
6:50 Chart settings and style
7:43 Selecting a chart time frame
9:00 Placing a market order to buy stock
11:29 Order Confirmation Dialog box
12:15 Monitoring Working Orders
12:26 Placing a limit order to buy stock
13:10 Canceling and replacing orders
14:22 Buying a single option
15:54 Monitoring and closing an existing position
17:02 Education Center tour
17:23 Creating a Support/Chat request


Connect with Charles Schwab:

(1123-338D)

[gurmeharbhatia]

After 40 or so years as a very satisfied Schwab client, i am seriously thinking about taking my business elsewhere. By forcing a tool on us that is not any superior and not as easy to use than SSE, it seems like they don't care for their clients anymore.

[Sets-]

After 33 years as a very satisfied Schwab client, I am headed our the door if this platform is our only option!!

[JohnMcComb-mxim]

This TOS is way to much for me and my style of investing, SSE has been perfect, simple and easy. I'm an older gent and am now looking for someplace else to put my money that has a platform like SSE. Would appreciate any info/leads from those like me. Thanks. P.S., I have looked at the videos, maybe 5 or more, none are geared for an investor like me, and the frustration - not to mention Schwab is not ready, many links don't work, tried to get the Guest Pass, that site doesn't work, tried the load the TOS layout option in SSE, locked up my computer.... I have a bad feeling.

[jtarman]

Its funny how those of us who are in crypto think this chart is awesome because its what you actually get to trade with on any crypto exchange, you don't get to do baby steps in crypto, you either sink or swim. I love these charts, its all I've ever known to trade with, I was in crypto before I ever got into stocks, so this is a very welcome tool for an experienced chart trader like myself. These complaints just show me how much most folks don't do their own work and jus reply on brokers to do the work for them. Little advice, you'll make a lot more money if you stop being lazy and learn this stuff and handle your own money!

[maxsheng]

SSE looks way simpler than this tab of files.

[WalterHart-kf]

Whoever is responsible for retiring EDGE for TOS owes to be fired. That unintelligent move is incomprehensible to me!

[dollarjilt]

Late comment, but this is so cool... it will take my short term trading to a new level. Many thanks

[nick]

No Schwab clients opinion taken in account, SSE is hundred times better.

[nick]

Platform for options and future traders, nothing for stock traders. Terrible, shall go back to Merrill
Schwab had the best trading platform SSE and now they have nothing, wish they keep SSE

[jessew]

CNBC is now gone. You can't even see at the top how the Dow, Nasdaq, and S&P 500 is doing for the day. It was always so nice to see the dividends on the main chart. The layout of the Option chain is less friendly. This creates a lot more work each day. It seems awful.

[mcrayfourd]

cant tell you how much i hate think or swim compared to the old Schwab desktop

[jerrynation]

One of the chart items I liked in SSE was that it showed the cost per share as a green line so it was easy to see where the break even point was. Is that available in TOS, and how do you set it?

[AutopilottradingMarketTechTalk]

This wasn't a problem until I was transfered from TD to Schwab: I am surprised that TOS allows broken features to be available especially since this deals with money of their customers. I am referring to the double sell orders trap and now with the "MARK" function. I've read that they've known about the MARK issue for some time and they haven't taken that feature out of production. This gives customers the perception that TOS is prone to be "buggy"🙄

[jessew]

Thank god for street smart edge. I don't like this.

[Matthew-ezze]

This mistake will be taught in business school one day. Schwab (Coca Cola) bought TD (Pepsi) and forced us to drink the inferior Pepsi recipe under the Coca Cola label. Yes, I am bitter.

[Jaloja]

I LEFT TD Ameriturd years ago to get away from TOS. Its a massive pile of code that has been setup to do everything but be user friendly. This does this here but not there. To many modules setup by to many code writers with no common rules for operation. SSE worked for years for me. First day I tried the new TOS it went down and Tech support didn't have clue..

[elenabusch]

Endlich!! Finally!! thank you very much dear Charles. The introduction on the platform was very helpfull! I just subscribed your chanel.

[TheoriginalBillBraskey]

This dose not look user friendly compared to how straight forward SSE works.

[nikop]

This platform blows, what’s up with the flashing tickers how is that in any way helpful?? When Sse is done so will I

[christopherwilliams]

Great vid, but WOW, I guess you guys had to wait 6 months to release this golden nugget.