ThinkorSwim How To Reset or Adjust Paper Money Balance In

TD Ameritrade's paperMoney in ThinkorSwim is a great resource to test your trading strategies. I walk you through how to adjust your paperMoney balance so you can simulate accounts with amounts realistic to you.

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[Amelia-Elizabeth]

I watch several YouTube videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

[arturo]

Thank you very much for the excellent explanation, straight to the point

[sjsphotog]

I still cant adjust my PaperMoney settings. I dont see the "Position Statement" grey bar on my software anywhere and I already reset to the default desktop. And I did click on one of the actual accounts (IRA) and not chosen the ALL choice. What am I missing?! - ** UPDATE ** Nevermind as others reported below as of Jun 2024 you have to have at least 1 share of a stock purchased / transacted and then you can see the option to adjust the account balances.

[preciouscharline]

Thank you so much for this🙏🏽🙏🏽 I couldn’t buy or sell anything but now i know how to reset🙏🏽🙏🏽

[mickelshrouder]

I've been trying to figure this out for a while, thank you.

[realtruthrightnow]

Thank you SOOOO much. I watched 4 videos on this, and yours was to the point, and got it done or me. New Sub!

[joshuacooper]

How do you do this for the "Virtual Account" used for On Demand?

[clickster]

I'm wondering if in the year since this was posted TDA changed the procedure for adjusting the balance. I just followed along with this video but don't see an "Adjust Account" button or option.

[simpledtutorials]

Thank you, please keep these easy videos coming.

[Rich]

Thank you for a pithy video. Listening to some of these for 20 mins and not getting what you're looking for is brutal.

[JASON-vnnn]

What an awesome tutorial! Thank! Following!

[ergonautilus]

My “Activity and Positions” page is completely blank.

[darylbonds]

Good job. Straight to the point. Perfect!

[tabithac]

Hey there, Is this the desktop version because I don't see this layout on the web version in order to reset my paper money.

[yapyh]

Hi, i've selected the margin account option and i still don't see the Adjust Account option. Does it require a deposit with TDA before having this feature?

[potatoaimz]

this doesnt work now cant seem to find the adjust

[Claudia-cyou]

can I set it to 2000 instead of 25k? I've been trying to find a way to set it below the 25k as it is still too unrealistic

[teacherrussell]

I just opened the paper trading acct first time. No Activity and positions subtab. I'm in the margin acct. No difference. Blank Monitor screen only.

[ricardoortiz]

when I trade and win my P/L Day is not reflected correctly - i need help on this

[Trendleader]

I don't have option to switch to margin account in order to make the adjust account option pop up. this is so frustrating