Does anyone use Think Or Swim? Do you have an issue with execution speed? For some reason when I want to close a trade at market it takes 3 or 4 seconds for to close. Is this typical with other brokers?
I find thinkorswim execution fine for stocks and options. At times your fills depend on how they route the order but you can have the same routing issue with any broker. If trying to trade futures you will want to look at one of the brokers that specialize in futures because you might get some lag with thinkorswim.
"The day I became a winning trader was the day it became boring. Daily losses no longer bother me and daily wins no longer excited me. Took years of pain and busting a few accounts before finally got my mind right. I survived the darkness within and now just chillax and let my black box do the work."
I've used TOS for about a year and haven't had any noticeable issues (other than the one below) on execution for Stocks or Options, especially when closing at market.
That said....today (Friday Aug 12) i ran into issues trying to close out 2 positions using a Limit order...I attributed it to being a high execution activity time (first thirty minutes of the trading day). The orders were accepted but never seemed to be executed even though my limit should have been reached. I closed down TOS and reopened and the orders had been executed at the time i submitted them. Strange behavior...but TOS did just update their platform last night / this morning.
Are you seeing execution issues regularly or just recently?
So it took them 2.5 years to finally merge their frontend and backend systems?
Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.
Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
If you want to support our community, become an Elite Member.
I use thinkorswim for one of my accounts. I have issues pretty often after an upgrade. Sometimes they issue two or three patches before everything is fixed. Annoying but best advice us to tread carefully after an upgrade and quit trading if you start to see problems.