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Why do you use ThinkOrSwim?
Updated: Views / Replies:31,748 / 43
Created: by Big Mike Attachments:5

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Why do you use ThinkOrSwim?

  #41 (permalink)
Trading Apprentice
La Crescenta
 
Trading Experience: None
Platform: ThinkOrSwim
Favorite Futures: /es
 
Posts: 4 since Nov 2016
Thanks: 1 given, 0 received

Free

1) How long have you been using ThinkOrSwim?
1 year
2) What are your favorite features of ThinkOrSwim?
Free
3) What are some must-have deal breaker features in ThinkOrSwim that you could not do without?
Benzinga squak box for free, able to link charts on seperate computers.
4) Do you use ThinkOrSwim in simulation mode only, or do you place live trades with it?
use is for live trading but not as my platform. charts only
5) Are you a discretionary trader or an algorithmic trader? How does ThinkOrSwim help you with this?
both
6) How easy/hard was it for you to learn to use ThinkOrSwim?
still learning, but there are tons of materials to help.
7) How do you rate ThinkOrSwim's customer service/support, assuming you have needed to use it?
4/5
8) Do you believe ThinkOrSwim is competitively priced?
free? YES! (I dont use it as my platform)
9) How do you rate the community support that exists for ThinkOrSwim?
4/5

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  #42 (permalink)
Elite Member
St. Louis
 
Trading Experience: Beginner
Platform: thinkorswim, NT8
Favorite Futures: equity and fx futures and options
 
Leon of Pizza's Avatar
 
Posts: 89 since Sep 2013
Thanks: 36 given, 106 received

I downloaded the NinjaTrader8 demo this weekend. After 10 hours with it, I decided its not for me and I'll stay with the swimmers. My simple strategies don't require the complex tools that the NinjaTrader offers, and I saw that it would require more complexity in setup and in the day-to-day operation. NT8 sports accurate volume profile and I could have looked at 2y old intraday charts, but I can live without those. NT8 has some interesting looking order ticket tools, but I couldn't find a basic 1st triggers OCO, which is very accessible in thinkorswim's DOM and chart trading tools.

I don't use indicators or scripts, so I can't compare those. I pretty much use volume and drawings only and the NT8's drawing tools require approx 3x the clicks for routine drawing work. The toolbox for any one particular drawing type is just smaller. Even the "Stay in Drawing Mode" function required clicks between drawings just to get back into drawing mode. Thinkorswim lets you crank them out quickly and the right-click menu features all the tools needed to make changes.

Also, the data problems that I've complained about in previous years have become rare events. However, the cheesy volume profile continues to disappoint daily.

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  #43 (permalink)
Trading Apprentice
Teramo Italy
 
Trading Experience: Intermediate
Platform: Ninjatrader
Favorite Futures: Cruel
 
Posts: 6 since Sep 2017
Thanks: 0 given, 6 received


I prefer Ninjatarder.For me it is the best

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  #44 (permalink)
Trading Apprentice
Winston-Salem, NC USA
 
Trading Experience: None
Platform: TD Ameritrade
Favorite Futures: stocks
 
Posts: 10 since Feb 2018
Thanks: 6 given, 0 received

because Scottrade was bought out by td ameritrade. know I have to learn a whole new program.

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