Is Thinkorswim a good Platform for Futures Trading? - ThinkOrSwim | futures io social day trading
futures io futures trading


Is Thinkorswim a good Platform for Futures Trading?
Updated: Views / Replies:85,489 / 196
Created: by rcs9234 Attachments:7

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 7  
 
Thread Tools Search this Thread
 

Is Thinkorswim a good Platform for Futures Trading?

  #161 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,815 received

I'm running tos on a lenovo yoga 3 with a 1.3 gHz processor and 8 gb of RAM and it's working just fine.
I have 9 charts up each with extremely complicated programming for one indie and a basic indie as well.
Settings are at the max RAM and 2gb for the min.

Psychology > Strategy ≥ Money
Reply With Quote
 
  #162 (permalink)
Market Wizard
Houston, TX
 
Futures Experience: Advanced
Platform: XTrader
Broker/Data: Advantage Futures
Favorite Futures: Energy
 
Posts: 2,051 since Dec 2013
Thanks: 1,702 given, 3,228 received
Forum Reputation: Legendary


SMCJB View Post
Anybody use the platform for futures spreads trading? I'm looking for a platform for taking multi-day/week positions with entries and exits with limit orders, so not overly concerned about slight delays.

I currently use interactive brokers which has it's pro's and con's. Their futures spread trading though is rather un-intuitive and their charting is awful. The charts show the spread between the two outright instruments and not the exchange traded spread. Hence they are completely un-representative of what is actually trading.

Lots of input regarding futures but what about Futures Spreads?

Reply With Quote
 
  #163 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 683 since Jan 2012
Thanks: 301 given, 606 received


If you use Volume Profile, Time Profile or Market Profile (Monkey Bars)

NO you do not want to use ToS

At 0100amET everything reset

Check time and date stamp of this post

-Bill

Reply With Quote
 
  #164 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,815 received


WilleeMac View Post
If you use Volume Profile, Time Profile or Market Profile (Monkey Bars)

NO you do not want to use ToS

At 0100amET everything reset

Check time and date stamp of this post

-Bill

can you explain further? My volume profile is working fine and has not stopped.
Maybe you had a hiccup in your internet connection?

Psychology > Strategy ≥ Money
Reply With Quote
 
  #165 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,815 received

Bill - why are you still using tos if you're having all of these issues?

Psychology > Strategy ≥ Money
Reply With Quote
The following 2 users say Thank You to Massive l for this post:
 
  #166 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,815 received


Massive l View Post
I'm running tos on a lenovo yoga 3 with a 1.3 gHz processor and 8 gb of RAM and it's working just fine.
I have 9 charts up each with extremely complicated programming for one indie and a basic indie as well.
Settings are at the max RAM and 2gb for the min.

I took back my yoga 3. 1ghz is the minimum requirment for tos but at 1.3ghz it was still a little too slow. I'm used to 3ghz on my Asus laptop.

Psychology > Strategy ≥ Money
Reply With Quote
 
  #167 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 683 since Jan 2012
Thanks: 301 given, 606 received

@Massive l

I'm only trying to help people avoid the pain I've experienced, hopefully so they don't get overly involved/ committed/ past a point of no return so to say - there are several better platforms for trading futures (futures are John Wayne & Clint Eastwood, stocks and options not so much.)

The studies I use are:

VSA_Lite (custom via swimtrader)
RSI Mechanical Trading System by Eric (custom per me)
Time marks at hour, half hour, fifteen and forty-five minute marks (TS_VolumeChannel)
Price_LineStudy (I posted the code here in ToS downloads/ indicators)

All of the above (plus a trading forum I started) can be found a thinkscripter dot com.

Eventually I'm going to switch to Sierra Charts once I can get the above studies coded for Sierra.

There's a bunch of features within Sierra (nothing custom, standard stuff, ie Open Market Depth Window, bid/ ask Delta bars) that are very useful for scalping /CL.

Some of the biggest hurdles for ToS is that they do not have true tick, bid/ ask data, the memory leaks, updates with very little (if at all) documentation etc.

Also for the Forex folks ToS is/ has a dealing desk (or at least it was when I traded the cash market.)

Yes I understand ToS is an options platform but I've been using the damn thing for so long now (along with the aforementioned custom scripts) that right now I don't have time to tackle a new learning curve, chart package etc - but I'm slowly leaning into Sierra.

I use Infinity for my trading DOM/ broker etc

Sorry my thought process/ writing is a little disjointed etc.

-Bill_M

Reply With Quote
The following user says Thank You to WilleeMac for this post:
 
  #168 (permalink)
Elite Member
Portland, OR
 
Futures Experience: None
Platform: tos
Favorite Futures: NQ, SB, 6J, CL, GC
 
Massive l's Avatar
 
Posts: 1,458 since Mar 2011
Thanks: 922 given, 1,815 received

I feel for you. It sucks you're having these issues! I love this platform and I've demoed about every one out there.
For the price (free) it's a great deal and performs pretty damn smooth for me.
I have a custom indi, and 2 volatility based bands up on 9 different charts at one time.
Of course, with programming and chart reading, it would be nice to have the bid/ask with tick data but it's not crucial to my success.

Basically you just need a different platform and I think you'll be much happier. There's not a platform that's made for everyone.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Psychology > Strategy ≥ Money
Reply With Quote
The following 2 users say Thank You to Massive l for this post:
 
  #169 (permalink)
Elite Member
BOSTON, MA
 
Futures Experience: Advanced
Platform: Tradestation, TOS
Favorite Futures: commodities, TF
 
mfbreakout's Avatar
 
Posts: 7,244 since Oct 2010
Thanks: 3,467 given, 15,240 received

trading


Massive l View Post
I feel for you. It sucks you're having these issues! I love this platform and I've demoed about every one out there.
For the price (free) it's a great deal and performs pretty damn smooth for me.
I have a custom indi, and 2 volatility based bands up on 9 different charts at one time.
Of course, with programming and chart reading, it would be nice to have the bid/ask with tick data but it's not crucial to my success.

Basically you just need a different platform and I think you'll be much happier. There's not a platform that's made for everyone.
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

My experience is same as Massive 1. I only trade futures, CL, GC, NG, KC, CC etc and never had problem with TOS in 5 years., I do not look at DOM, bid-ask etc. to trade. I actually called TOS help desk and asked them to freeze my DOM. They were confused by my request as they apparently spent lot of money to get bid- ask, times and sales , level 11 etc. So everything on my TOS platform as far as jumping monkeys are concerened are frozen ( deactivated).

I understand some traders who need tick data etc. TOS may not be the platform. But i have traded 20,000 contracts over the years so far, TOS is the only one i use. I have never used any other platform so can not comapre TOS VS other platforms. Use Trade station from time to time but 98% of trading is on TOS.

Note: I have couple of standard indicators on the charts as an eye candy.



My posts are not meant to give financial advice neither do they imply that my method is special. "THIS IS WHAT I COULD BE IF I HAD A TOTALLY CARE FREE STATE OF MIND DURING TRADING" Mark Douglas.

Last edited by mfbreakout; January 5th, 2015 at 05:51 PM.
Reply With Quote
The following 5 users say Thank You to mfbreakout for this post:
 
  #170 (permalink)
Elite Member
Prospect, KY. USA
 
Futures Experience: None
Platform: Sierra Chart
Broker/Data: Infinity
Favorite Futures: /CL
 
WilleeMac's Avatar
 
Posts: 683 since Jan 2012
Thanks: 301 given, 606 received


@mfbreakout, everybody

Only an FYI - if you want to make your ToS DOM static go to the main screen, upper right corner, setup, general, active trader, Autocenter AT, adjust the seconds (secs) to I don't know 20,000 (obviously 3600 per hour.)

-Bill

PS thanks for all the replies for, 2015 I'll do my best to not be as much a bitch

Reply With Quote
The following 2 users say Thank You to WilleeMac for this post:

Reply



futures io > > > > Is Thinkorswim a good Platform for Futures Trading?

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

RandBots: AutoTrading Bots to diversify your trading

Oct 24
 

TopstepTrader: Profiting Without Risking Your Own Money

Oct 26

Building Open Source Indicators for NT8 w/Fat Tails @ Lizard Indicators

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Web-based futures trading platform rptrader Platforms and Indicators 31 September 28th, 2016 10:36 AM
Isn't this good enough? (Beginner futures trading) Ravanous Traders Hideout 23 November 7th, 2011 06:35 PM
ThinkOrSwim (TOS) Trading Platform Big Mike ThinkOrSwim 30 July 24th, 2011 08:43 AM
Auto futures trading on ThinkorSwim optionzen ThinkOrSwim Programming 6 June 3rd, 2011 03:36 PM
What constitutes a good platform design? mattz Traders Hideout 17 October 21st, 2010 07:33 PM


All times are GMT -4. The time now is 10:43 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-10-22 in 0.14 seconds with 40 queries on phoenix via your IP 54.157.81.13