Thinkorswim default stop type reddit. The default is Single.
Thinkorswim default stop type reddit Hello all, need some help with my understanding on this type of order. My current alert sound is the default Bell sound. Let’s say my Activation price is 10 with a Delta of 2%. For example, in an OCO, change Stop to Trail Stop and Save. I want to trade directly off the chart. • Account history will reset on the software. For example maybe you want one stop but 3 different profit takers. Is that possible with a trailing stop limit order? You can make and SAVE bracket orders (OTA - one order triggers another) in ToSbuy and sell with whatever price increase you want. But has anyone found a way to quickly change this on the go without going back to application settings? For example, I was hoping that it would change based on what share quantity we have typed in on active trader In this way we have set up two orders, one being our stop loss and one being a sequence of orders that execute as each of the leg conditions are met (eg as the stock moons you take profits by scaling out), with a rule set up so that the sequence never occurs in the first place if the conditions that trigger our stop loss happen, and the order By default, the Stop value is 1 dollar less than the order price. g. On the ToS app, when you go to trade, scroll to the bottom and select "Create Advanced Order". The default setting is 5 and 3. I use one set on my 1 and 5 minute charts, I often times define a NONE set and then sometimes I also created a long time frame drawing set. 2 Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. Or, you can cancel the stop loss and enter the sell from active trader the way you tried before. thinkorswim® is owned by TD Ameritrade, which has recently… Hey guys, I accidentally clicked the X on an order on a stock last week. Reddit's #1 spot for Pokémon GO™ discoveries and research. I would like to be able to type the name of a stock in on this template and market buy/sell. A STOP order means the order isn't active until the market price reaches the stop level you set. Id like to add a line above the Volatility Stop that is 7% greater than the volatility stop itself. Obviously this isn’t the automated approach you were asking for. I have a couple long calls that I want to sell when they hit $5 a contract. TradeStation is great for Futures trading but you can use TOS for futures but lately they’ve been price gouging with miscellaneous fees. Because it’s two separate orders, I am not able to move both stop orders simultaneously on the chart. TOS seems has 1$ as a default value, any idea how to change this value ? I have also tried to use custom order and put a percentage for both stop loss and sell prices from the buy price so this order would work with any stock price, the problem is the order doesn't pick up the quantities in the active trading menu, is there a way around it Default TIF can only be changed permanently for TDameritrade website orders, not for TOS. 9. Set your quantity. Tos running for me smooth as a butter here. When you relaunch TOS if they all reopen together the interface will seem slow. Quit thinkorswim. 55K subscribers in the thinkorswim community. Single, OCO, and 3 Trigger with brackets. I would like to have this preset with a total purchase price (not number of shares), and with a set percent trailing stop. The stop type was STD The OCO bracket is only an option for me when right-clicking a stock. The only way it’s similar is if you’re devoid of emotion in both or if you treat both like they’re absolute real money, this is impossible for me to do, so for me, it didn’t help with strategy or early trading mistakes. Of a zone. 5%, my first profit target at 1. Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. What is the stop limit thing you can do on a vertical? You can change the order type to stop limit and you get a bar that says debit under the price and another price below that. 2. I don't really see how you expect to set a stop limit / stop loss at a specific price instantly with a key given that specific price is arbitrary. recommended: Hello! I’m relatively new to Thinkorswim, I’ve been on it for just a few weeks. Or check it out in the app stores You might do that in lower volume, and the orders might register fast enough to keep up, but in a high volume stock you won't be able to drag the stop, because the orders don't register, so if you drag it 10 cents and it's only registered 2 cents then you click at 10 the Stop won't be adjusted, because the algorithm is looking for a click at 2 Stop limit waits for trigger then puts in a lot order. You can modify the buttons shown in active trader. Have you by any chance figured out the bracket order default. qi-zheng . 10+ under the order review section. Limited and pretty basic hotkeys (only the ones ToS offers)- useless really. Is this type of default possible in ToS when creating orders? Say every morning I come into ToS and want to trade an SPX credit spread that expires the same day. It is my understanding, at least in a logical view of these orders, that a stop loss is always set below the bid and not triggered until a price indicator reaches that level. I set the trade where if price hits my stop at 146. com serves over 100 million customers today, with the world’s fastest growing crypto app, along with the Crypto. Since then, even making sure the show orders/show trades checkboxes are both checked, on any different stock I've traded on, they won't show up on the charts. Access the changes with the little gear icon. 00 or less. In the Template Drop down there are five standard order types. So let's try to do this using the Windows thinkorswim program. "Setup" on the platform > Application Settings > Top of this new window "Order Defaults" > Change "Default Quantity of Orders" Will change the active trader buttons. I've been studying the behaviour of the SPX for the last 8 month. firm in 2008. 15, and it sold atleast . If you want to trade with Educational Materials TOS has excellent Educational Services and free resources for your education. thinkorswim® is owned by TD Ameritrade, which has recently… One more thing. Hey y'all, was wondering if this is possible on ToS. 5% and my second profit target at 3%. Why not just use a 1st triggers ALL order type? I guess it doesn’t really matter. Unless you really know what you are doing, I would stick with just using the STOP and TRAILINGSTOP options. 3 away from the previous 1 min candle high mark that had last closed! How often does it update the stop limit, if it doesn't do it after every 1 min tick? And does it update on the high of the candle or the closing price? How can I set my order default to a dollar amount, rather than quantity of stock? The order default section of the application settings seems a bit sparse with the customization. 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. In TradeStation you just choose stop-limit for order type then click once for the stop then again for the limit on the ladder Reply reply adsvx215 At TOS the orders are live all the time. STD = stop activates when there is a trade at the stop price. Then since it seems thinkorswim can't do fractional shares, it won't actually buy $10,000 worth, it will round to 99*$101 = $9999 worth of stock. Statements on the website will continue to show past history. Great answer. Under active trader I can set a TRG w/ bracket with a trailing stop, but I can only choose share quantity from here. I tried making a custom order template to use, but it isn't available when I right-click on an option, either. I chose to use a stop order and want to sell those specific shares when the stop price is reached so I can add them back at a cheaper price. In other words, if a stocks current price is 1. Need assistance creating orders on TOS mobile. You want to specify the actual prices on that stop lmt. Every drawing of the same type you make after will be defaulted to whatever you picked when clicking that button. May I also Add when i did this i found that when I close TOS with detached windows open (Meaning they all close together ). 54K subscribers in the thinkorswim community. Active trader seems to put up almost random stops and targets in my bracket orders. thinkorswim® is owned by TD Ameritrade, which has recently… Order confirmation box should say "Buy X @ 1. Session hours – TDAmeritrade offers pre-market (A. thinkorswim is very blurry on high-DPI displays (which, in 2023, means every single display). Members Online How to chart a specific call/put option without right-clicks LIFO: you need to activate that as your default cost-basis method on TDA site, and that setting will propagate to TOS. I want to look at the current price of SPX and then create a call credit spread that is $10 wide, with the sell side being +50 away from the current price of SPX. Reply reply 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. This is not a full on reprimand-you-for-having-your-navigation-lights-on-when-you-shouldn't-have type outfit here. I can’t find a way to do nested OCO orders… you could enter with an OCO at the top&bottom of your range (2x limit orders), and then when one triggers put another OCO in to exit (limit & stop). Ah, I see, Do you have a button on the side of your mouse where your thumb rests? My mouse has one, and sometimes if I'm not careful when trying to right click on a chart in my grid, to open it, I'll accidently push click the side button with my thumb and it'll place a market order at the price my mouse cursor is at. Stop prices apply to a stop order or stoplimit order. So, that's the goal. If it falls only 1%, nothing happens. On mobile TOS, if you submit a 1st triggers OCO with only 1 subsequent order, the app will automatically convert your complex order into a 1st triggers ALL. I'm not even sure is STD is the cause of this. Yes, limit is the only option that works for buying/selling during the pre-market. 90% accuracy rate. 3, I'm looking for a way or a hotkey that I can use in which I am able to automatically push a button and it will set a limit order at 1. 80. From there select "1st trgs OCO". You can tell becauase moving your cursor will have a delayed effect on TOS and it will seem slugish. You'll find we foster a laid back atmosphere to learn how to work the various modules available in DCS. It depends on your personal preferences and trading styles. You can have a STOP-MARKET, or a STOP-LIMIT. My PC setup is running,- 32Gb 3200Mhz Running the full clock - Intel i9 10900K for tos especially since it can handle full capacity of single core threaded thinkorswim tends to run on a single core. I am trying to see if anyone has experience using the hotkey feature in ToS. I dabble in all four and thinkorswim does fine and probably the best across multiple trading styles. Default levels are 3, 5 and something else, but you can type in whatever second interval you would like. thinkorswim® is owned by TD Ameritrade, which has recently been acquired by Charles Schwab. Nov 20, 2019 · Using Think Or Swim, is there a way to create a Buy Order for a stock with a stop and simultaneously create a sell order with a stop loss that only gets triggered if the stock is purchased? I'm trying to do so with using Buy Custom-->Stop but I keep getting an error that I can't borrow the stock. I've managed to come up with work-arounds in TOS but still there's far more hands-on than there should be. Trailing take profit (or trailing stop loss), activated only when SQ goes up 3%, with a trailing offset of -1% Stop loss at -3% of market price at buy Basically what this would do, is if after I buy, the stock price can fall up to 3% before my stop loss is activated and sells. -Evga FTW3 Ultra Rtx 3090 Graphics not overclocked. . My limit sell on the positive side, I set high enough that if I manage to get in a runner, it gives me time to click and drag the limit order where I want or delete it all together, leaving only stop loss still active. You can invoke up to 3 OCO's off of one trigger, sweet if you're multi-lotting. When the last trade is . Depending on your analysis And location of the trade, your analysis is either wrong or market is stop-loss hunting, full stop on 2 lots; or your idea was correct, 1st lot gets you risk neutral and you have a free trade. I think they mean to say after placing a buy, they want to right click on the chart at a price level to place a stop limit quickly. And sometimes there are a lot of stop losses behind it; and the stock can I just asked my colleague and the only way to have TIF defaulted is through the active trader tab in charts. When I change to a different stock it often just puts up something random. I like to visualize the options price like it's a chart. Shouldn't the stop loss trigger even if the stock price falls below where I place the stop loss? My order default "stop type" is set to "STD". I am thinking to change the default STOP price to 10% less than the order price. exe and select Properties. Once the tool is open, you can select quantity, dollar amount, or position ratio to dial in your order. What I am trying to accomplish is to simply add more buy/sell hotkeys in the active trader section under setup>application settings>hotkeys>activetrader. You buy at $1 with a stop using std @ . Just uncheck all but one stop, set the shares on each line accordingly…once setup you can click the little disc to save it as a custom order and name it. I Informed tech support a while back. Stop puts in a market order. it'll take a couple days for it to reflect properly. You can click on the gear icon in active trader and add TIF to the displayed list so that the default can be changed for each individual session. an American brokerage that offers live and online investor education services. S. all hot keys are defined or definable in the Platform Setup tab. When I pull up the buy menu, can it by default bring up a buy order of $5,000 instead of a buy order of 100 shares? Trailing/Trailing Stop Limit An order that is entered with a stop parameter that moves in lockstep (“trails”)—either by a dollar amount or percentage—with the price of the instrument. Dec 12, 2024 · I know that if I choose, I can press simple and I can have different trading options such as a stop and limit order. Welcome to Reddit's own amateur (ham) radio club. I was wondering if TOS has the ability to save an order template. TOS in advanced order settings has tax-lot selection, but i don't think that works. com Visa Card — the world’s most widely available crypto card, the Crypto. You can't specify exactly what each button can be but you can change the default quantity and the increments, which will change those buttons. (This aspect probably sucks the most). it looks like Mark +/--0. 55 for the stop and . You can right click straight from the option chain and send right over to a linked AT chart and buy and sell directly off the charts. Contact Information and Links. Under application settings in the top right, then click equities and then active trader interval. I set it up on the 2min. Once the stop (activation) price is reached, the trailing order becomes a market order, or the trailing stop limit order becomes a limit order. Take GME for example. I want to set a trailing stop in order to maximize my profits. I know that I can Once the stop (activation) price is reached, the trailing order becomes a market order, or the trailing stop limit order becomes a limit order. Straight from the horses mouth at TOS Support: "There is not a way to change TIF as a default for order default. You’d want to actually have . If order is already working, right click existing order, select “cancel/replace” same panel pops up, change order type to trail stop, same same. I imagine it is the same on the desktop TOS. The rep told me that he thinks we'll all like the improvements they are working on. 60, and to my surprise the order triggered immediately and was filled. 49K subscribers in the thinkorswim community. It is a default option if you right click a price and select 'Buy Custom'. 55 debit when the short was threatened rather than when my breakeven was broached. 10 Stop to Open. To see what I'm talking about: On the stop loss order line, click the gear icon next to the Exchange column. the stop order can also fill dramatically lower than the stop price for this same reason, and in the case of an AM gap down it could be a double whammy of the gap, plus the time it takes to fill with all the market orders 50K subscribers in the thinkorswim community. I’d like to have default OCO orders so I can place fast trades with pre determined stops and profit… Now that you're already in that trade, you click on Monitor right click the stock symbol and select "create closing order" select the order type from the menu and the stock will sell that way. com DeFi Wallet. right click and chose run as admin. But i mainly use ToS mobile to execute my trades as i find it easier. • Any current Trade Triggers, Trailing Stops, and Saved Orders will be deleted and not re-created in the thinkorswim account. Have screenshots of TOS application settings, and have the current workspace saved as a backup. But the condition is based on a stock/ETF symbol -- I don't think it accepts option symbols. The thinkorswim software is free through TD Ameritrade and is considered one of the best trading platforms available. IE If I click "Join the Bid" or "Buy the Ask" I would want it to do everything above with pre-defined percentage limits for the stop limit and stop loss. Also, I realized trigger bracket orders in after-hours doesn't work. The benefit is you can see how the option price is moving based on the underlying. exe /s that will show you the location of every file or shortcut with the name ThinkorSwim. It's what pricing metric do you want the stop to use. 60 for the limit. Is there a way I can make OCO my default order type so I don’t have to waste good time opening the drop down menu and selecting “last configuration” over and over? I’m wasting seconds that I need setting stops every time I’m buying and selling along the way. You can also set orders for multiple stops / sells. It says "close selected", then I click it and it allows me to pick between a limit, market, or stop order. I almost never do so my example doesn't show it. Mark = stop activates when the mark price ( (bid+ask)/2) reaches the stop price. - 4TB SSD NVME M. I don't know what to do here. Setup: no worries. Scan this QR code to download the app now. Hey there, new to TOS, but trying to figure everything out. I had set the trailing stop to . I don’t think what you want to do is possible. And only then a 5% trailing stop? The closest way I can think of to do that would be to enter a condition for submitting the stop loss. Ok. What i want is for 1st triggers OCO to be my default order type. The other part is just like any other order where you put in at bid ask mid or mark. Not sure if this is a bug or there is some sort of option I haven't figured out yet. Seems like a glitch. I am trying to figure out how the trailing stop works on Binance. fun fact - if your stop is triggered you can get a sell fill above the stop price if the market moves higher quickly enough. 00 and a limit order at my target price of 134. In other words, if I purchased at 100 a year ago, it at some point was at 150, and is now at 120, and then I set a trailing stop loss at 5%, it will It is respecting the increment change but no matter what I put into "Default quantity of order", it's always default to 100. If and when you edit these guys a "save" button will open and you can then build as many of these guys as you desire. No, you don’t add the stop and limit to the price you initially receive on the credit to enter. Go to C:\Program Files\thinkorswim. So a stop on an option is adding defined risk, to something that is already defined risk. To solve this problem you can create multiple Drawing Sets under the Drawings navigation element. The second row is for your stop loss - either $ or %. I use active trader every single day. I’m trying to create a 2 bracket conditional order that will set my stop loss at 1. Right Click and edit: change the color, line type, whatever as usual, then choose save as default button near bottom of that window. Schwab is not only keeping ToS, but is investing to improve it. Then in setup, tell ToS to not reset to single order. Standard TOS is a directional OCO, e. In the meantime, express your dissatisfaction about this new update to TOS Support so they can report the feedback to the devs. Yep OCO's. This is the code for the volatility stop that I use: # Volatility-Based Trailing Stop In the active trader tab, the default order settings when trading on the DOM is a limit/stop order, where a limit buy is anything at the offer or below, and a stop is anything above the offer. 2, without having to manually type in 1. If the stop gets hit, the "take profit" order is cancelled, and if your "take profit" order is hit first, the stop is cancelled. My background is just the default black and it is normal when I first load up ToS, but as soon as I change time intervals it adds these strange lines and will change the thickness of them randomly depending on what time interval I am on. ), and Overnight extended-hours trading sessions on official market days (excluding market holidays). You can set the default to be a market order instead of default to limit order. I would like to change alert default sound to Ring sound without changing it for every alert. Right-click on thinkorswim. I have no idea what they signify but they are confusing as hell, I just want my background to be one solid Is it possible to set up ToS so it does everything you explained (Initial trade followed by an OCO with a stop limit and stop loss) with a single click. I don't know what Schwab has been doing for 4+ years with the code. It’s all over the place. The Silph Road is a grassroots network of trainers whose communities span the globe and hosts resources to help trainers learn about the game, find communities, and hold in-person PvP tournaments! Go to the run menu and type CMD. The drawback is that at TOS your buying power is reduced for each open 'buy' trade, but at Trade Station it is not. 95 or say . We would like to show you a description here but the site won’t allow us. limit buy below with stop buy above but he can be adjusted to buy above and sell below if desired. com Exchange and Crypto. I highly recommend Active Trader if you're not using already. As others have posted, thinkorswim can experience some lagging (i feel it is better now than 2019/2020), but if you are a scalper another platform may be better. The unofficial subreddit for thinkorswim®. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. exe The values also change depending on the template, (example, 1% stop sell, 2% limit sell) but they do not save when switching symbols? For instance, if the stop is 1% and 2% limit sell on one symbol, if I change symbols, this value just might get completely jacked up. Rather than tell it to buy 99 stock units. Crypto. It will be about 7 orders. I want my own default that is there every time You can also have a OCO order to where when you buy, it'll automatically trigger the 5% stop, but also trigger a 5% (or whatever you choose) limit sell. I'm finding this weird bug, where if I view any default time range, and then I use the hand tool to drag the viewing window into the future some, and come back to the original range, if I click any default range again, it includes a chunk of time in the future that I don't want to see now. I have my flexible grids, watchlists, and scanners all saved. The developers have quite a few things they are working on for TOS updates. The mark could be . If You use trg w/ bracket you can choose TIF(time in force) and set the stop GTC and a limit gtc ext (the limit should be your target). (You can change the default order type to "Stop" in the App settings if desired) My friend explained that the stop loss activates not based on being 7% below the highest price since I set the stop loss but is instead based on the highest price since I bought the shares. Or you cancel the stop loss and hit Sell Market. You can continue to alter your risk reward with more complicated strategies and trade types. How… To lock this in, I put a sell stop limit below the bid at $2. Under the Trade Tab > All Products, right click the BID and choose "BUY CUSTOM > with OCO Bracket" In the Order entry tools, an order will be created with a BUY order and a Limit and Stop that will cancel each other out when one is filled. This guarantees a quick fill taking the market price, but risks getting a worse price than you want. LIMIT - Gets me in a trade at my set price or better. The price increases to 20 and then starts to decrease, price drops by 2% from 20 so I expect it to sell at 19,6 (2% lower than 20). I have a default TRG Bracket that I saved that places my stop loss as soon as the shares are acquired. That's fine. The position closed for a $1. 50 (eg was willing to lose $250 on the position), but TOS triggered the stop loss when the value of the short position hit $2. you should get a prompt c:\windows\program files (or such) Type cd/ you should see c:\ Enter the following command dir thinkorswim. You can do a multiple bracket order. By default, the Stop value is 1 dollar less than the order price. The stop loss sells off the full position The take-profit sells half the position if hit and moves the stop loss on the rest of the position to my original entry price Is it possible to script complicated custom order types like this? If I am reading it correctly, what you are referring to is called a stop limit order. They're currently trading for about $3. thinkorswim® is owned by TD Ameritrade, which has recently… I set a stop loss at $2. The default is Single. When I go to trade options on thinkorswim mobile, the default is a limit purchase for 10 contracts, but I want to change that and i don’t know how. I think your suggestion might be part of that but there's an issue where if you have auto send on, I think it just defaults to selling at market price and if you uncheck it, you have to fill out a whole order manually which defeats the purpose. Right now my STOPs are cancelled at close in ToS and I have to reset them every morning, which worries me about potentially getting screwed over in Pre or Post market. Or 5% stop and 1% sell? Lmao. Some are disabled by default. ToS Level 2 is very limited and not configurable- does not show full depth and only shows best bid/offer. Both are accepted only for stocks that trade on NASDAQ, NYSE, and AMEX. Anyone else noticed this problem? Is there so other setting I'm not aware of that needs fixing? As mentioned, I set the default to Manual. Anyway, you can fix this. This is insane. Also, is there a way that my stop will change automatically? I usually trade with the ATR Trailing stop indicator but I tweaked it a little bit to be more accurate. :/ good luck! Welcome to r/IOTA! -- IOTA is a scalable, decentralized, feeless, modular, open-source distributed ledger protocol that goes 'beyond blockchain' through its core invention of the blockless ‘Tangle’. To my knowledge oco stops won’t work for gtc ext because stops can’t be executed outside of market hours. Perhaps they will rollback the update. It’s set to “MARK”. 5 and changed wilders to exponential. When you're done submit the order and it'll submit all three as a group. My protective stop is at 152. • Any current open Market, Limit, Stop and Stop Limit orders will be migrated to the thinkorswim system. 5 I changed it to 9 and 2. Stop losses are to convert unlimited risk into defined risk. Maybe like 1% 1%. My stops are based on a breakthrough. i had a similar question. (This triggers a trailing stop?) 50% trailing stop on last 25% pos I was looking into conditional orders - thinking that I could just make three separate conditional orders based on these parameters, but would like to know if there is a better way to do this. But I was watching the 1 minute candles, my order, and the mark. The Chinese Trade War, the Missile Attack and now the Coronavirus has put most of the standards of trade practices out the window. 00 or better using the stop limit order. Hey all sorry if this was asked. TOS default TIF can be changed for each sign-in session, but it will revert to "Day" every time you sign out. With mark it's just the same but using the mark = . Instead of using "Last" in the watchlist, use "Mark. For what? TOS Application (title bar) Setup >> Application Settings >> Order Defaults >> Options >> Default quantity of orders >> set to 1 or whatever Reply reply Top 3% Rank by size The best platform also depends on how you trade - long, swing, day, scalp. Is there a default qty of shares or something I'm missing? Am I missing something? I've even tried to close the thinkorswim and reopen after the settings just to make sure there was nothing cached. Market order triggers TP and SL of 15% on every trade. For example: I would like to add a buy@limit and sell@stop hot key. I would like it to default to a specific stop and target. But, no matter what I do, if I leave a chart and switch to another area of TOS and return to the chart, the setting have reverted back to Auto Mode. When I open new charts, can I have global settings or default settings that every chart that I open includes, like volume overlay, 10 bars to the… Most option plays other than short calls are defined risk by default. Default TIF can only be changed permanently for TDameritrade website orders, not for TOS. 50 rather than the value of the entire spread. Just like adding Buy Bid or Sell Ask there’s one for TIF. Dec 12, 2024 · The Unofficial Subreddit for thinkorswim. My conversation with TOS Support: 3- The ToS platform is being kept as it was an important part of why they bought TDA. ), after-market (P. I'd like to tell thinkorswim to buy $10,000 of that stock. Then, You can select this custom order type from the order type tab anytime. TRG w/ 2 I'm thinking about rebuilding my TOS workspace to see if it helps with lag that I experience using TOS (but other apps run on same machine do not lag). I am getting a much better understanding of Options trading. When I pull up the buy menu for a stock, can it by default bring up a $ amount of the stock instead of pulling up a buy order of 100 shares of the stock? Ex. M. Like $2 stop and $2 target. In the order panel that pops up, change order type to trail stop, fill in your triggers and send it. 71. So options chart next to the stock chart. 50 Limit TRG by #1 OCO To Close, Sell X @ . Taking partial profit on an order is a pain, especially when using a stop loss. Is there a single place that documents all the order types that TOS has and all the downstream/market related details we need to understand to be effective at trading with that order type? Was trying to use trailing stop limit and the UI is confusing (or maybe I am just confused). is there a way you can do that on mobile? Share Add a Comment thinkorswim® is owned by TD Ameritrade, which has recently been acquired by Charles Schwab. For example, I want to buy in on a stock on the 1 minute chart, so if I wanted to simply by the ask or do a normal bracket, I can use the active trader and be done in half a second. In your user profile > Trading Preferences on the tdameritrade website you can set order type and default quantities. But Trade Station does offer a true autotrade system. I want the order to become a trailing stop when it hits $5 and sell at any point above that when it dips 10%. STOP LIMIT - Gets me in a trade at my set price or better if price hits my stop price. You can right click just about anything related to the position to get these options. Sell X @ 1. The Unofficial Subreddit for thinkorswim an American brokerage that offers live and online investor education services. I did look at [setup]-[application setting]-[order] but it doesnt seem to have TIF updates. 4- New users signing up now will get a Schwab account which will not have access to ToS right away. com is the best place to buy, sell, and pay with crypto. When I set a stop loss, and the stocks price drops below, the stop loss it does not get triggered. thinkorswim® is owned by TD Ameritrade, which has recently… The default share amount is set to what you put it at through application settings. 9 then the stop will process. Is there a way to change this so that EVERY order is a limit order? From there in the trade bar you can set your STOP to a specific $ amount, change the Order from STOP to TRAILINGSTOP and choose a specific $ or %, or use one of the other options. 7 or something. 5min, and 15minute timeframes so they all line up perfectly. In TOS, how do we change order default setting for Time in force from Day to GTC+EXT? It's CPI day, and during pre market trading, i had to change it to GTC+EXT. A stop market executes a market order as soon as the stop threshold is hit. If you are wondering what Amateur Radio is about, it's basically a two way radio service where licensed operators throughout the world experiment and communicate with each other on frequencies reserved for license holders. " This is what TOS Support recommended for me, and that fixed it. It doesn't work for me when right-clicking to close an option. 9 but the last traded price could be . A limit order does not have a stop price. Add two orders and individually create a limit sell order to close and a stop loss to close. 02, I would get in at 146. You can save for later use so the order becomes one click going forward. But it keeps resetting itself to -1%. Ideally, I would hold a key and click on the chart and a buy/sell order would be immediately placed at the price point I’m clicking at. I'm wondering if I can set a STOP loss in ThinkorSwim or TD Ameritrade that I don't have to reset everyday. Now you can drag the cursor up and down to the desired levels. ⬆️This is what I do. Alternatively, if you are working with the Order Entry Tool on the ticket, just left click under 'Order' and Stop Limit should be one of the options. Scroll one place down to OCO. When you submit a limit buy order, you're telling your broker (TD Ameritrade) that you want to buy stock ABC for $1. you can change the trail stop as a percentage by clicking on the +/- icon next to the mark and changing it to "percent" instead of "amount". 90 Stop TRG by #1 OCO To Close. I want every single trade with every ticker to be -3% stop. irchn wfv mebsgg gsquj qwvx qozc pbv uthh dntdqr ushvonv