if a tree falls in the forest can
anybody hear it well if nobody's there
maybe not
i don't know i was talking but i could
hear myself that's about it
glad you're here this is thinkorswim for
beginners
really kind of the first series there's
a lot of discussions we have on
thinkorswim this is kind of part one
where we talk about the common
more common duties and we go through a
lot of information as we get through
this okay
my name is mike fairbourn folks you
follow my twitter handle and fairborn
underscore tda folks
mr pat mullally is here and he does a
great job answering questions
within the chat i appreciate pat for
being here and great to have all of you
i welcomed all of you or many of you
we've got some money in a little bit
behind the curve now we got to jump into
this but great to have all you back
folks
if you are a beginner or just getting
started with think or swim and want to
find more information you're in the
right place
we're here to help you out this evening
i look forward to going through this
with you folks i'm going through a
little bit quick right now
to get us up to speed with the time we
might have just left off but i can go a
little bit over
just to catch up to on what we discussed
okay folks a couple disclosures as we
get started here
please keep in mind the points that are
listed here also know the past
performance of any security strategy
does not guarantee future results for
success all investing involves risk
including the risk of loss
please keep that in mind as well as
other points that are in fact listed
here
um okay
i just caught that individual may not be
hearing me
so it looks like it is being broadcast
and i can see that now so
uh you might just want to refresh that
browser possibly
of course you can't hear me saying this
so there you go all right
uh folks it's great to be here with you
as i mentioned i am an education coach
here along with pat and others i do
specialize in the classes that i teach
combining both fundamentals with
technical analysis i do carry a
designation i do provide information
within the classes that i teach so i'm
just one of many coaches here
and we really do do enjoy uh
teaching you all this great information
so specifically this evening though yeah
getting started with thinkorswim
really straightforward agenda folks uh
getting started think of swim
common daily tasks so more common tasks
next week i'm going to hit hard
hit and hit hard more of the functions
and tools but yes more common stuff
today
placing trades monitor tab etcetera
things like that so
keep that in mind let's go ahead and get
started here
it looks good on my screen here i think
we're all sitting ready to go yep
okay so first and foremost
as we get going here this is the
platform now
to get the platform and this is actually
already signed me i'm going to sign
right back in right now if you don't
have it now i think many of you do
but in case you don't but you are a td
ameritrade client
folks just go under the trade tab off
the td ameritrade site
go into trading platforms and go under
the think or swim
right there so trade trading platforms
thinkor swim scroll on down you're going
to find the download button right there
you download it you can have the
platform right there but that's where
you find it okay
the other thing with this session too as
we go through and pat does a great job
answering questions in here and i'll try
to fill some of those myself if possible
but the nice thing about this too if any
comments come up later you're not quite
sure what to ask
feel free to uh post those comments in
the archive section section or session
uh this session will as it'll be
recorded and archived
you can post comments in youtube down
below and i go through those each day
and try to review those questions and
answer those for you okay
so just want to let you know that that
is available for you
to utilize okay so first things first
looking at the platform right here
big picture upper left hand corner yes
i'm connected to real-time data
you get real-time data if you have a td
ameritrade account and you fund that
account
you can select different accounts over
here in the td ameritrade site
we'll talk about that in just a second
here but that's where you find the
account
specific account that you want to look
at or trade in left hand side the
platform is broken down into
two key portions left hand side
right hand side now these are the
gadgets over here on the left hand side
and the gadgets will communicate
with what's going on on the right hand
side now next week i'm going to talk
more about the gadgets but just as a
quick note
i pulled it up here so you can kind of
see it a little bit but if you look down
in the bottom left hand corner right
there
there is a plus sign and that's how you
activate
the gadgets the select gadget window and
these are all the different gadgets that
you can have on the left hand column
now what makes these gadgets uh
important i mean you can utilize them
like a calculator
but they also communicate many of them
with what's going on in the right hand
side of the screen too
for example look over here with me
you've got watch list and folks i've got
plenty of watch lists
don't need to select another one notice
over here one of the watch lists that i
have selected
futures the nice thing about the
platform is you can see what's happening
in the futures markets
before before the market opens after
hours
it's all good information you can have
it right there at your fingertips just
to see what's going on in the market
you can have your own watch list in here
for example look over here on the watch
list i click on it
current account positions it basically
if i select an account up here
it will list all these account positions
in this demo account here
that i've got nice thing is too i can
link up
watch lists and there are a number of
other things that we can do but at this
little
link button link or unlink if i go down
and click on red
here notice on the right hand side i'm
actually in charts right here
if it's in red as well very easy to go
through and take a look and just scroll
down the list and just
look at your your you know stocks in
your account
or whatever's in your watch list really
easy just kind of scroll on down and see
what is going on
okay so some good tools now i want to
spend the rest of the time talking about
on the right hand side of the screen
okay over here on the right hand side of
the screen and by the way right down
here there's a little separator
everybody see that
i can click on my little arrow here what
does it do it opens or closes
that window to give me a full screen on
the right hand side where really
a number of our tools and functions are
really located okay
i'm going to just do that for now so you
can see a full screen okay in fact let
me do this i'm going to pull this back
down too since we're not using that
extra space
we'll use every bit of what we got here
and tonight i want to start off just
kind of give you a big broad explanation
okay so the platform itself
the main portion on the right side is
broken into tabs
and sub tabs look over here with me
notice the monitor tab right here
the monitor tab monitor tab key tab
sub tab below the monitor tab activity
and positions account statements on down
the line
you get the same thing with the trade
tab the analyze tab
you got tab and sub tabs okay so there's
a lot of information you can explore in
here
we'll hit many of those other tools
later this week or next week
monitor tab first and foremost folks if
you place a trade in the account
or today or if you've placed a trade
previously and you just want to see what
holdings you've got in your account
what's been the performance on the day
of course the monitor tab is where
you're going to go
so it's the very first tab over here as
you can see got the monitor tab i'm
going to take a look at activity and
positions right now
now you can see over here we have a
today's trade activity i didn't place
any trades in my demo account today
but you can see over here that we do
have some stop orders sitting over here
it's an interesting place to look at
today's working orders i mean what's out
there working for you
you might have a position you're trying
to buy stock on
at a lower price the limit order
whatever the case might be
you'd see that show up there okay these
little arrows off to the left if i click
on that it will minimize that for us
now a key portion of the thinkorswim uh
platform if you look down below right
this is the software platform
tons of capabilities and capacities here
to tap into
if we're if we're looking at this right
now as you can see here what do we have
well we have
a number of different positions listed
down below
now i'm looking at these positions in
what's referred to as a new layout let
me just show you really quickly where
you can find this
over here under the right we have with
us
three horizontal lines to the far right
if i click on that
top of the list i'm on the new layout
now there was an old layout
the old layout just shows you all the
positions combined together
still great provides great information
let me just show you what you can
actually see
in both the new and old layout of course
you have the different columns up top
one thing that you can do with these
columns you get more flexibility of what
i want each column to show but
regardless it does show all your
positions it shows what the p
l open is p l days some good information
the changes on the day net change
percentage change
good information to have now what does
the new layout do for you
it enables you to break down what you
have in your portfolio
into specific brackets or buckets
whatever you want to call them
just categories or designations like for
example because i do teach a stock on
grow
a class on growth stocks each one on
income right combinations of income
notice i've got stocks that have growth
i'm able to do that because i'm in the
new layout here now that's helpful
i can also uh go over here and change
whatever columns i want by looking at
that wheel
folks anytime you see that wheel over
there just to let you know
when you see the wheel over on the far
left hand side
as you can see right there this wheel
you it enables you to customize whatever
columns
you're going to be seeing through here
so let me do this again i'm going to
click on the wheel
i'm going to show you i'm going to
scroll on down and just show you
everything that we can add
what have i added thus far
quantity days trade price mark change on
the day
things along these lines very helpful to
see
this particular stock over here it's
part of the portfolio 200 shares of
stock
right this was the trade price that was
purchased at
whatever information you want to add in
here another quick note if you go under
here and click on the pl
open column you can point to exactly
when you bought that stock what the
average price is on the stock etc so
some really good information in there
you know to tap into okay
now when you place a trade in the new
layout just as a quick note
folks if you right click over here
uh these are unallocated so i have not
put them in specific areas this is a
particular stock that we purchased
ALXN a little bit ago notice if i right
click i can go down and move to a
specific group
that was actually a growth stock boom
now it's moved up into my grow stock
category and there you go
at the bottom of course what you're
going to find are your totals
okay so that's going to total each group
that you've got
in here whatever you've named them but a
cool way
to kind of set those up now once i have
these trades in place
even from my monitor tab what i can do
is i can go down here
and i can right click and close this
order
right from my portfolio now that's a
quick way
to close an order and to do it exactly
as you want it like
the total number of shares outstanding
in there
at a price right now without messing up
anything
in terms of the symbol you're plugging
in so if i go over here to the right and
if i if i click on that left click on it
folks it takes me right to the trade tab
which i'm going to be moving into in
just a second
to show you how the trade tab works but
big picture this is the monitor tab i
would say this is a very very common
area that traders and investors are
looking at
to examine how they're doing right in
their accounts uh just a great way
a good reference point to know what
you've got here okay
so i do encourage you to go down here
though and click on
you know many of these different lines
that can give you different information
anytime you see an
icon it's there to provide you
additional insight
on that page and and potentially in most
cases more
functionality there just like that the
wheel there and customizing the columns
okay all right so moving into the next
sub tab it says account statement now
this is really important account
statement because the account statement
will
give you a reference point as to what
trades
have i placed in the past let's say i've
exited those trades it's no longer in my
monitor tab which ones have i traded
previously well
quick note on this you what you want
going to want to do
is go up to this top section first where
it says 10 days back from
it does go back more than a year it goes
back a total of 370 days now you can
get data elsewhere like on the td
ameritrade site that goes back further
but on the platform it's really nice
because at least you can get back 370
days
and and to do that you just put
370 up there and now you're going to get
your max number of days
okay that you can look back your look
back time for but i've always just found
that to be an easy way to see what
what's going on
okay now that that's in place let me
just show you what you've got
down below to look at if you want to see
the cash
standing in your uh the kind of the
standing of cash
uh other elements within your portfolio
click on the cash and sweep
and you can see over the right it does
say transactions
now this is getting me for 370 days back
maybe i'm fine with the last 30 days
right
the outstanding accumulative total of
cash in the account
but under transactions you can find
trades deposits
withdrawals dividends coming in all this
information i have everything selected
but you might just be more specific and
just look for
dividends being received in your account
for example
okay let me click on the little arrow
again this is very important
remember all those other tabs we had
i've got 370 days worth of data
now that i'm going to have to scroll
through to get down to this other
information
so anytime you see this little arrow
to the left of cash and sweep folks
you've got to click on it
and it will give you everything else now
this will also give you your trade
history
this is the trade history of 370 days in
my demo account
okay that's a lot of days and a lot of
time frame you know a lot of trades to
potentially be looking at
what if i just want to look at that a l
x
n that i added to my portfolio there it
is i type it in the symbol box instead
of looking at everything
put a symbol in now we can go into trade
history
and you can see it right there trade
history as it's listed right there
tells me the day i bought it how much i
bought it for
etc okay there's also some other cool
areas down here like profit and losses
it tells you how have you been doing
in your accounts since you put the trade
on
or pl since you've opened it uh let's
see p
l there's also some others over here
look over to the far right with me see
the wheel
i can customize this again a really
common one
is pl on the year right there that's a
common one i'm going to add that in
right now
click ok pl on the year and it just says
okay how am i doing
on the year in my account for these
trades
whether i still own them or not how did
i do
it'll keep that calculation so you can
see what your who your winners and
losers were you know what they were
specifically so good information under
the account statement so
really that reference point as you're
trying to go back and tap
into that history okay of what you've
been doing in the account finding
specific stuff
all right now moving on from left to
right let's move into the trade tab now
oh let's see can you download that trade
info i just
saw that from juan over here can we
download it
let me show you what i'm going to do to
find that set i'm going to open there it
is i'm opening it up
if i go over here into those three
sideways lines over here okay juan
and what i'm going to do is i'm going to
scroll on down here i can
export this information
into a file so you can export it to
answer your question
yes you can okay
you can also print it do some other
things you can take a screenshot
things along these lines but keep that
in mind so i encourage you you know to
look at the little icons of there's a
lot of information
importing exporting on the platform it's
uh
very capable of doing a lot of that for
investors okay
folks if you're just tuning in and
you're looking for
information a beginner to think or swim
you're in the right place
i do go a little bit fast in here if you
haven't noticed if you're just joining
us right now
trying to get through as much info as i
can i kind of split this
up into two weeks part one and kind of
part two is what we've been doing okay
you got it juan all right good questions
great questions coming in appreciate pat
answering those as well okay perfect uh
let's click on the trade tab so we're
just moving from the monitor tab
off to the trade tab now trade tab at
if you might have wondered what the
trade tab is you probably guessed it
it's for
placing trades okay let's go ahead and
we're looking at a stock over here i'm
just going to type in
ibm whatever company just as an example
over here to look at
now on the trade tab we can place both
stock trades and
option trades whatever symbol i've got
if i have futures in here i could place
a futures trade in the trade tab
it's more than one place to place that
trade but just letting you know
you can in fact do it here ibm first
thing i want you to notice it says
underlying here
that's the underlying stock options are
just below i'm going to go there in just
a second
but there you have it so you got the
stock you got the options folks from
left to right as you can see a lot of
good information in here
tells us what's been happening on the
day if i get to the ask price oh it
highlights as a buy
left clicking on the mouse it will
populate
that trade down below as set up for a
default
now it says buy and you can confirm that
if i click on the ask price i'm buying
and by the way it's nice because it's in
green
it's kind of a key to let us know that
yes you can see it there
and it's in place now
it defaulted to 100 you can there are
defaults and other things you can check
out
upper right hand corner into setup you
wonder why it went right to a round lot
of 100 shares
upper right hand corner instead if i
click on that in application settings
you'll see down here that there's well
there's general tab i encourage you to
go through take a look at this there are
notifications
for alerts it's where you place alerts
in where it can text you or email you
there are your order defaults okay so
that's where you'll find that pretty
straightforward once you get their
stocks options on down the line
okay and once again we do
go through a process of recording these
webcasts so that they'll be archived
just want to let you know so if you're
not picking up on it right now
the question might not be answered after
this session is over
you can type questions and it gets
recorded and archived
down below in youtube there's going to
be a comments section and you can place
your
your questions i should say you're quite
what's under comments but you can place
comments or questions there
happy to answer those for you i look at
those each day
okay all right trade tab
places our trade down below look at all
this information we have here we can
take a look at confirm
we've got the symbol we've got the stock
it's a stock we've got the price now it
does default as a limit order
lmt i can change it to different orders
as located here
i can change the duration good till
cancel
or a day order listed over here right so
some good info to have
i'm going to delete this real quick and
show you a more complex order
folks that you can set up so fast it's a
right click instead of a left click
under the ask right click go down to
buy custom if you want to put one in
with a stop
or an order bracket one cancels the
other
a stop down below a target up above
whatever the case is you can do it i'm
just going to show you a stop for now
look at that it puts it up here it puts
the trade in place
with a stop order stop order does
compete with existing
orders to exit you know in the market
but it says if i get below a certain
point
like it said automatically at a dollar
below then
you know put this into the market to
sell that order
there's a stop order under the stop you
know you've got different orders in here
as well
a stop order by itself is a market order
uh to compete with
uh you know closing orders in the market
as well down below here
you can see that there's an additional
box i always encourage you to click on
different things because you can have in
here
absolute value stops if i click on it
again
you can see there are going to be let's
see
i've got to go over here and click on it
percentage stops
one percent below this price get me out
of the trade whatever it is we're
setting up
there are those capabilities in there
that enable you
to get out based on whatever you're
selecting for that stop
so definitely take a look at that
another key point under duration over
here
you got in terms of the day day orders
folks if i had a good till cancel order
over there
it's going to stay out there for a very
long time until it gets
uh you know until i cancel it or it gets
filled like say for example i wanted to
buy ibm but i wanted it at 120. well it
might take
a few days to get down there even more
importantly what about a good till
cancel order on your stop
just because you know it didn't hit a
stop level and go down below that day
you might want to have a gtc
order in there to protect you from that
as well so keep that in mind
all right once i've got my trade in
place
of course down here to the right confirm
there's an
and send as well so i'm going to confirm
it and then you get a send button okay
but this gives you a chance to go
through
take a look at your transaction cost
whatever it is you might be looking at
confirm everything make sure it's good
and you're set with that
you can send it in now notice as i sent
that through for ibm
if i go back here into my monitor tab
under activity and positions now
you're going to find i've got a working
order to buy
ibm and to sell ibm that's the one i
just put in
i've used this as a couple of different
demo trades but there you have it right
there
to buy ibm and sell it anytime you put
the trade in but shoot
i want to cancel it i did something
wrong i want to get out
all you need not to worry at all just
right click on here you can cancel that
whole
order and i just clicked on cancel order
and it's in the process of canceling so
the paper
uh the demo account that paper money
might take a little bit of time to do
that
your accounts would be just like that
they'd be very it would just be removed
immediately okay
and it makes sense the real accounts get
all the attention but uh yeah everything
else we're looking at virtually the same
here
across the board folks okay so back to
the trade tab so that's placing a trade
for a stock now we can do the same thing
with an option
order as well let's take a look at the
option trade right now and see what
we've got here
option the option chain quick note on
the option chain sometimes if you're
going in here for those of you that do
look at options
you might get in here and you say my
gosh i see all of these different
uh option contracts out here weekly
options i got
my regular monthlies going out pretty
far out into the future here
i'm only seeing a couple you know
contracts well
you've got to adjust your strikes right
in the middle there
so you can see enough of those contracts
we'll go to 25
and now we've got 25 total contracts
that we're looking at folks
that helps right to try to find maybe
the one you're after
remember it's set up this way left hand
side calls
right hand side puts this is where you
can place your trades if in fact i
wanted to
on this doc microsoft whatever the case
is
we come in here and we find a particular
month
notice over here in parentheses this
gives us the days until expiration
so how long those options are out there
before they expire oh by the way there's
my cancelled ibm it
finally kicked into gear yours will go
quick so don't worry about that
but let's say we're looking at an
october monthly contract
down here folks uh if we're looking at
something that's at the money you can
see
in the shaded areas those are out of the
money contracts for calls or puts but
let's say we wanted to buy one right
near the money
i can right click and there's my order
again
my default is one contract remember how
i showed you how to
see those defaults set up up top under
the setup
feature up here what you can do is you
can click on application settings
you can go over here and click on order
defaults and find that there now
if you might have guessed where i'm
going with this folks if you right click
this time just like we did with stocks
right click go down and what we want to
do is just go to buy custom if we're
looking to buy
we can have a stop on our option
contracts
as well so keep that in mind
all right so a ton of information here
just so many capabilities that we
want you to be familiar with on the
platform
now we started with the monitor tab and
you can see there are
other sorts of functions under the trade
tab under
other sub tabs there's forex trader
future trader active trader all listed
here you can check those out
if you trade those other types of
securities in many cases investors might
be looking at
charts and chart data to help them
decide
if it's the right time to potentially
buy a stock
right if they're looking to make a
purchase
so i want to just do we'll kind of
finish up on
the charts today and then we'll we'll
take a look at some of the other
functions next week these other tabs up
top okay
and by the way i have some archives i
want to show you on those before we're
done as well
in prior weeks in case you don't want to
wait you know it's great to ask
questions in live with pat here
or to do them later in the comments
section of youtube but
if you want to take a look at those i'm
going to point those out to you at the
end okay
so quick note here we are we're looking
at the charts uh
notice over here i've got my symbol in
the box
there's a drop down over here as well
and this can give us information if we
want to look up a particular security
here is the name of microsoft it gives
us the name of the security just to make
sure
got some information over here and yes
there's the bid and ask prices
if i click on those it will take me
right back where i can actually place
the trade
right off the chart as well okay but
some good information on the chart as
you can see on this chart
and i'm going to go through some of
these icons to show you i've got some
indicators listed on the chart
if you like indicators on your chart you
have some that you follow you know where
to find them
quickest place to add those is right
under this kind of dropper icon right
there
you can go there you can type the symbol
in
rsi for example or whatever it might be
or you can just scroll down
up or down there's just so many
different you know indicators there
once you've found it double click on it
it pulls it over to the right for you
and then you can make it additional
adjustments to it
for example these are your defaults for
the rsi but i could change them i could
change the colors the width of the line
whatever i want to do right there okay
so those are indicators to the right of
this we've got the wheel
wheel makes you enables you to make
adjustments okay to the price
axis all right the y-axis on the
right-hand side
whatever information's over there you've
got some general indications you have to
read through and kind of see
what you might like here and just get
familiar uh
you know of certain ways that you can
customize the platform
but here is your price axis you've got
a time axis
gives you information on that on time
down below
you know your favorite time frames okay
appearance is very important as well
what kind of chart am i going to be
looking at a bar chart a candle chart
whatever the case might be
you've got that there now quick note and
colors etc
over here you've got your equities now
in here this is where actually going to
find your volume
it's not really an indicator it's a you
got to find it here
under equities you put a check box in
you got your volume
show corporate actions really neat by
the way
extended hours trading you can see that
down here on the chart
you just need to select it but this show
corporate action's very helpful
it does provide you like earnings
announcements on the chart you know kind
of out of the way
it tells you what the estimate for
earnings was if you point to it
what the actual number is where they
came in it'll actually tell you too
the conference call you know on that day
you can click
on it i believe there are some other
places to get it and you should be able
to view the conference call or listen to
it
actually there are your dividends as
well the ex-dividend date if they're
paying dividends of course you'd want to
own the stock before that ex-dividend
date okay
moving right along folks you can select
your your time
durations here under daily you got your
style over here
which is it's kind of an overlap to
certain areas like for example you can
choose you know what chart type you want
i showed you how you could do that
actually under the wheel
right under the appearance but under
style you can see the candles
etc different time frames you can set up
and some other things to do
drawings are also important now the
drawings as you can see are listed
right down below in the bottom right
hand corner you see those drawings
you can select drawings and you can go
in here and see the drawing tools
just want to let you know at the bottom
this is what i generally use are those
icons right at the very bottom there
so it's it's a box yeah if you're if
you're looking on the screen if you
click on that
because i've got the box highlighted but
if you want to use like angles
trend lines or et cetera to draw trend
lines or fibonacci lines
click down here and then for example
you've got your oop it didn't do it let
me try that again click on your
fibonacci
and now you've got your fibonacci lines
in there you can right click on
any drawing and make adjustments to it
as well okay
now off to the right look at this we've
got studies
more information on studies adding
studies patterns
you can show specific patterns and
select patterns that you want to see on
the chart
and so just a ton of great information
in here folks last but not least
the active trader look at all the
buttons on the far right hand side
encourage you to look at these you've
got level 2 quotes down here
if you're not familiar with it you know
you can check it out but
over here on the active trader folks it
enables me to come in here
and to place trades within this account
visually like for example if i go down
here i can click on a buy order
and look what it does it puts an order
over here to buy
microsoft now the cool thing about this
is too
i could drop this down lower at a
certain support level
right off the chart so once again folks
that's in the charts section under
active trader
right there okay so uh
that was a lot of information uh let me
show you under education where you can
find the archived events and this is
where this
event that we're just holding this
evening would also show
up so under education right here
let's click on that and scroll on down
under folks under
webcasts right there you see that under
webcast
which right there if you click on it
that will pop up
and uh that will come up in just a
second there it is
this will give you your upcoming webcast
like the webcast we're teaching right
now
archive webcasts as well as
others down here and how you would find
this one in particular the ones we
discussed last week and the week before
just go under beginner go to instructor
there's my name right there and this was
thinkorswim101 is what we titled that
entitled it part two getting into more
of the tools and functions the
other portions of the site the the
the uh platform that we did not discuss
this evening so you could go in and
actually view that now if you wanted to
uh and this was basically the same
session we did
a couple of weeks ago we just kind of go
on that rotation
first portion second portion but that's
how you can find those
archived events so i encourage you to
take a look at those if in fact you are
interested folks
it was great being here with you today
folks today we did take a look at
really getting started with thinkorswim
the common daily task and specifically
we broke it down into
the monitor tab right so we looked at
under the monitors tab how you can view
existing positions your working orders
we looked at the account statement as
well we showed you how you go back
back in time pretty far over a year to
look at all kinds of different
information in here
cash positions dividends coming into
your account uh
you know the trade history your profit
and losses
uh year to date things along these lines
it could be very helpful
to kind of track as a trader investor we
looked at the trade tab
we saw that up top this is where you
could enter
trades uh under the bid and ask price
over here
and then down below the options we also
showed you if you left click
you could place that trade but if you
right click you can buy custom with the
stop order
okay and then we went into the
charts we broke down the charts and kind
of showed you a few things
on the charts you can put in a symbol
the simple you can there's a lookup
section in there as well
you know you confirm the name that's
coming up then you can go through here
and make adjustments to that chart
itself so there's a lot of good
information i'm going to spend the next
couple of minutes just try to answer
questions and help out except pat's been
doing a great job
answering those but and of course
remember if you come up with questions
later we're not able to get to
everything
post them in the archive version and i
can i can answer all those but let me
just quickly try to get through them
with you
where's the horizontal line i just saw
that
bottom right hand corner forks
horizontal line is right
there it's just a cross so i'm in the
drawing tools
horizontal line dollar sign right there
if i click on it
i can pull it up and down until i click
on it again boom click on it once
to move it up and down click on it again
it will put it there okay
how can i adjust the account that's in
my simulated account
a simulated account like on demand
on demand we would go into next week
let's see but on demand it to adjust it
what i believe you need to do is go
under the trade tab
uh oh excuse me maybe it's the monitor
tab
activity and positions activity
positions and
oh i'm in my virtual account let me get
back to it there we go
so go down under here uh right
click and then you can make adjustments
right there adjust position
adjust cache et cetera right click okay
uh let's see does uh simulated
cost money it does not all right good
question
right oh thanks wayne to answer that
question how do i find the historical
volatility
for a stock historical volatility right
over here under the
under uh the charts so that is an
indicator
i've got my my dropper icon right there
i can go over here and just click in
historical
volatility right there i'm just typing
in typing it in
historical volatility double click boom
right there it's going to put it down
below for me so i can track the
volatility over time
ah let's see um i'd like to be able to
see daily candlesticks
formed in the morning and not having to
wait until the market opens to see it
okay
so pre-market is that what you're
talking about john
being formed in the morning sure you'd
have to be looking at it on a shorter
term basis possibly
to do that what you're gonna have to do
is
uh go up into the wheel
go into equities and highlight show
extended hours trading if i do
those things i can now go under let's
say for example a
30 minute chart and i can see see like
this is what happened with microsoft
after hours see that shaded area
it tells you the after hours activity
there
good question yeah okay
perfect so hopefully that helps
can we merge two watch lists if you have
uh the watch list together the only way
uh akash to do that
is um you'd have to go under the right
of watch list
i haven't done that before so i'm just
going to kind of show you how it could
be done
create watch okay so under that watch
list
edit the watch list you want to find it
right so whatever that watch list is uh
anything i'm just looking at anything
over here dividend income
so i've got a watch list in here what i
can do is i can
import another watch list here
with the symbols okay but you have to go
into edit to do that
okay okay awesome all right folks well
thanks so much for being here today uh
and well it's great to have you here
you know i salute you for taking time
out of your day to learn about the
thinkorswim platform
there's a lot to learn here i'm gonna
repost here for you there was a survey
let me know if you have any final
questions i'm happy to try to address
this for you
i do need to end the session pretty soon
here though i'm past my time we did get
started a little bit late
so i want to give you that on the back
end folks but if you have a chance to
fill out that survey it's actually very
quick it's very short actually i'm just
going to kind of show you what that
looks like over here but this is all
that survey is
i'll always try to give you a 10
experience of course
but there's really just three boxes to
fill in down there it doesn't ask
if you have any comments as well but
this is a getting started kind of
getting you going showing you for the
very first time
and just went through a lot of
information so great job i do salute you
for sticking
with this pace i i you know it's tough
getting going but
you'll get the hang of it it just takes
some practice
to get going through it and you'll be an
expert before long
but it's just it's just seeing enough
things on the side that you say oh i
remember where that's at
this is what i want to do i can go over
here and see that and view that
so i encourage you to keep utilizing
that platform tapping in
to those archives too that i showed you
over here
uh let's see under education right and
uh under webcasts
so encourage you to go into that and and
view those archived sessions
uh that can be very helpful as well but
great job i mean being here i think it
was fantastic for you
very helpful okay let me see if i've got
any other information that might just be
coming up as we're
getting ready to close it down you you
folks are all welcome
it's very very good to be here with you
this evening uh let's see
but i do not want to see the candle
forming on the daily chart so i can see
the daily
moving averages moving to adjust to the
pre-market activity on the daily chart
the daily chart so you want to see the
moving average see the funny thing is
i don't believe and i don't know for
sure i just want to you know be
straightforward with you on that
about that capability i don't know the
only way i've ever seen that pre-market
data
work is with that moving uh when there's
intraday data being
formed i haven't tested it but we could
test it john
in in a sense what we could do is we go
over here into the dropper icon
we would do something like this like a
simp a
simple moving average that's where you
find the simple moving averages
s-i-m-p the defaults in 9-day
and how i would do it is i would be
watching that
line pre-market to see if i'm getting
any fluctuation in it
from the intraday data that's coming
through right we're getting some
intraday data that's that's filtering
through
and is that line going up or down would
be the question i would have too
uh but that's how we would test it we
would know then
if it does have that capability of doing
it if not
boy i don't know although you can always
make suggestions to
think or swim that's up here in the
support box folks
you can create a support request put
that in and
ask them a question possibly they might
even
have a way to do that too just so you
know okay so very good
uh on that and oh let's see
let's see is it better to be on an app
or the computer computer has
many more capabilities but the app might
have enough for you to utilize so keep
that in mind
there might just be um well there's
certainly more capabilities on the
desktop platform for sure
okay but uh there might be just enough
for you on the app
so you kind of have to get familiar with
both of those actually
what's the difference between gtc and
extended hours good till cancel
only on extended hours only so before
market or after market only is what that
would do
um yep great
okay let's see
oh okay i showed you that john you got
that perfect and
uh you'd like to talk to somebody oh
yeah good question not too sure on that
uh
fay but uh yeah remains to be seen we'll
keep you posted on that for sure okay
all right everybody well uh have a
pleasant evening we talked about daily
common tasks on the platform
and just wanted to end right here uh by
stating this final
disclosure here folks that in order to
demonstrate the function of the platform
we did use actual symbols
however td ameritrade does not make any
recommendations or determine the
suitability of any security strategy for
individual traders
folks i salute you once again for being
here uh i do look forward to many future
sessions with you if you like bring a
friend along next time
happy to help address your questions and
once again
welcome great to have you on board and
showing you the platform
everybody have a pleasant evening catch
you next time bye
