Paper trading options thinkorswim
If you have not checked, make sure your paper account is receiving real-time data, not delayed top left corner. This might explain some, if not most of what you shared. Just a thought If it is indeed real-time, like your live account, the information is most helpful.
Difference Between Paper Trading And Live Trading!
If you happen to have taken screen shots like me, kindly share. I have invested much time setting-up my paper account to test various strategies, and I'm unable to do so with any conviction. Good luck finding a platform that does as much as TOS already does in terms of their paper trading and ThinkBack capabilities Ultimately, you want great fills and low commissions. This is where TOS is most vulnerable.
TOS is as good as it gets. It is early here in Europe, so the volume bars are not that different yet. BTW I always make the paper and live sessions different colors. Prevents me from having a nightmare that I'm in one when I think I'm in the other!
Used to be always like 10 seconds behind a couple of years ago. I asked them if they could fix it, and they said they couldn't. Only one tos. This is explained in their terms of service.
If you have a special need, there is a work around. I recommend contacting support. I think MassiveI was expressing concerns about my screenshot with 2 copies of ToS open. I was initially skeptical that this could be a problem, but I did my due diligence and ran ToS in 2 different virtual machine instances. Guess what. The delays went away. Thanks for that eye opener!
Although I couldn't find the instructions about not running more than one instance of ToS on the thinkorswim. If anyone has a link, please share. As far as comparing the volume colums go, there is a difference between live and paper, but it is a LOT less than it used to be. I guess one of their later builds addressed this.
A block of mass m is attached to a massless spring of force constant k the other end of which
Nowadays the difference is only a few percent, so I don't think its a big issue for sim trading. I suspect this is because I never enabled futures trading on that that account. I have an email into ToS support to confirm this, but that would explain a lot. Volume columns are identical however. Assuming that ToS has a switch to allow full Level II info, I am not sure if they would be willing to turn it on in paper money, but there is one way to find out And for the record, another screen shot , but these are actually running in their own VMs. Thanks to everyone for sharing their knowledge.
Attached Thumbnails. To follow up, I heard back from ToS support: Enabling level 2 quotes is different from enabling futures trading. They will do it for paper money accounts if you have a funded live account. They did it on my PM account Hope this helps, -Bob. Good stuff bob!
Very happy for you. Some platforms don't allow for it, while others experience issues Typically, I'd receive a response within a few hours I'm sorry that you are having problems with some of the data on paperMoney. The RealTrading should be accurate.
Thinkorswim cost basis
To be honest, our main concern with making paperMoney available was so that our clients could learn the platform. While testing strategies is also a benefit, it's not the main intention of the progam, so problems with a quote feed here and there are not going to be worked with immediacy when there are more pressing matters for our development team. I've reported your issue again and hopefully they will take a look at it.
That said, I would suggest using OnDemand in the LiveTrading platform if this is something your actual trading is dependent on. There is a button in the upper left when you sign into Live. It is similar to paperMoney in that it is a virtual trading account. Where it differs is that you can control the time you are looking at. Set a date and time and you can trade on that date just like it was today.
OnDemand records actual market data, whereas paperMoney's quotes come from a quotefeed. I always wondered what that did! Thinking on it a bit, PM is good because you are in sync with news, but On Demand works on nights and weekends, so I guess they both have a purpose. As someone said earlier, and the rep said too, use PM to familiarize oneself with the platform in general I need to try OnDemand. Must one select a date historical , or can the user "trade" the current market also?
Guess nothing is perfect. I played around with On Demand and found a few gotchas. Below is an excerpt from my ToS TS email, so others don't have to spend time going over the same ground: Hello, I found a few problems with On Demand. When I try to trade futures, especially on the Active Trader Tab, my orders will not get executed, even if I place a market order. Looking a bit, it seems that the Active Trader loads with live data and not historical data for futures.
I thought to myself well gee, I guess I just need to specify the actual contract, e. That works better in the Charts and Active Trader but then does not work in the trade tab, which in that case says that there are no options.
- TD Ameritrade ThinkorSwim Platform.
- trading strategy reviews;
- Overview of Simulated Trading on TD Ameritrade.
- cbi forex.
- Account Setup?
- Have What It Takes To Become Successful?.
I noticed in the On Demand startup box it says that it should work for futures, so I guess these issues should be looked at. Please let me know when they are addressed. It can't hurt, and my testing says it helps! If you are on a Mac, however, generally you cannot run two instances of the same application. There is a workaround, however, which I can provide further instruction for if you are on a Mac.
Thank you for sharing bob Glad you made some time to check-out OnDemand already When you get a TS response, if not much trouble, let us know. A good weekend to you. Their response: Thank you for the email. I apologize for any inconvenience this is causing you. This is a known issue that the developers are working diligently to correct. Unfortunately, we do not have an exact ETA for a fix to be release.
Please feel free to follow up with any other questions. If it was such a known issue, why didn't they mention it to others in the tread earlier? BTW, I got an email last night with an erroneous margin call in it. And they recently sent me a request to update my contact info, long story short they screwed that up too. I think the ToS platform is a great learning tool, but lately these folks are making me very concerned about the quality of their operation.
I think when I start to scale more, I'm adding a search for new vendors to the plan. TOS paper entries and exits are not realistic. Ninja SIM does a lot better job.
- Final Thoughts on the Best Free Paper Trading Accounts.
- Best Paper Trading Options Platforms.
- what is trade forex online.
- thinkorswim Desktop | TD Ameritrade?
- Thinkorswim cost basis.
- forex trading time converter.
Watch the time and sales flow when you are sim trading in TOS paper to be sure order flow actually happens at your entry and exit targets when live testing your strategy. You don't seem to have to do that with Ninja on futures from what I have seen. Click send or confirm in upper right and your order is underway.
Why Paper Trade Options?
If your order goes through then you can view your portfolio under positions tab at bottom next to watchlists. Next to that you can check on or cancel your orders under the orders tab. Hope this helps you get the confidence to give it a try. So far I love TD Ameritrade one week in. Most people say that TDA and this app are better for serious traders and investors. On top of that, they claim to have instant deposits but fail to mention that it will take up to a week mine was 8 days to deposit funds for options trading.
So, a large part of my portfolio sat in transit, unable to be used, because their instant deposit only applies to stock trading. When I spoke to an agent, they said I could just cancel the transfer and I would have my money back that day but that ended up not working.
The following data may be collected and linked to your identity:. The following data may be collected but it is not linked to your identity:. Privacy practices may vary, for example, based on the features you use or your age. Learn More. With Family Sharing set up, up to six family members can use this app. App Store Preview. Screenshots iPad iPhone Apple Watch. Mar 18, Version Ratings and Reviews See All. App Privacy See Details.