Thinkorswim: Good choice for a first time paper account ?

This is a discussion on Thinkorswim: Good choice for a first time paper account ? within the Trading Software forums, part of the Commercial category; I'm still in the learning stages, really in the learning stages lol. I wanna just open a accurate trading account. ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Dec 13, 2017, 3:04am   #1
 
8 Posts
Joined Nov 2017
Thinkorswim: Good choice for a first time paper account ?

I'm still in the learning stages, really in the learning stages lol. I wanna just open a accurate trading account. I've come down to td's thinkorswim since it seem to be the best talked about for beginners.

That said. Will it provide everything I need ? Is there something else that I will need that TOS doesn't provide ?

Thanks, everyone.
BCV12 is offline   Reply With Quote
Old Dec 28, 2017, 7:39am   #2
 
9 Posts
Joined Mar 2015
You need to put more details about "everything you need" for others to really understand what you need. Every platform is different in one-way or the other. But the fact that you decided with ThinkorSwim says that it does provide what you need for the time being and that should be sufficient for any beginner.
__________________
John Mc
Johnmcc is offline Trading system vendor   Reply With Quote
Old Dec 28, 2017, 2:41pm   #3
 
Quantt's Avatar
Joined Jul 2017
Quote:
Originally Posted by BCV12 View Post
I'm still in the learning stages, really in the learning stages lol. I wanna just open a accurate trading account. I've come down to td's thinkorswim since it seem to be the best talked about for beginners.

That said. Will it provide everything I need ? Is there something else that I will need that TOS doesn't provide ?

Thanks, everyone.
Itís a good start, check it out and after a while check IB and see which one you like more and after that, check the other discount brokers until you find your best fit, itís all free , so nothing to lose but a bit of time...
__________________
"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
Quantt is online now   Reply With Quote
Old Jan 2, 2018, 8:05am   #4
 
8 Posts
Joined Nov 2017
BCV12 started this thread
Quote:
Originally Posted by Quantt View Post
Itís a good start, check it out and after a while check IB and see which one you like more and after that, check the other discount brokers until you find your best fit, itís all free , so nothing to lose but a bit of time...
IB..Interactive broker ?

Thanks.
BCV12 is offline   Reply With Quote
Old Jan 2, 2018, 5:07pm   #5
 
Quantt's Avatar
Joined Jul 2017
Quote:
Originally Posted by BCV12 View Post
IB..Interactive broker ?

Thanks.
Yes Sir!
__________________
"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
Quantt is online now   Reply With Quote
Thanks! The following members like this post: BCV12
Old Jan 2, 2018, 6:31pm   #6
Joined Feb 2016
I am also trying to learn about this. So don't have better knowledge on that. Sorry!
Hency Corniey is offline   Reply With Quote
Old Jan 6, 2018, 12:16am   #7
 
8 Posts
Joined Nov 2017
BCV12 started this thread
Quote:
Originally Posted by Quantt View Post
Itís a good start, check it out and after a while check IB and see which one you like more and after that, check the other discount brokers until you find your best fit, itís all free , so nothing to lose but a bit of time...
Sorry to keep bothering you. But you say its free. Would that mean the live stock ticker data would be delayed by 5-10-15, or more minutes ? I heard you have to pay to get real live min ticker.
BCV12 is offline   Reply With Quote
Old Jan 6, 2018, 3:56pm   #8
 
Quantt's Avatar
Joined Jul 2017
Quote:
Originally Posted by BCV12 View Post
Sorry to keep bothering you. But you say its free. Would that mean the live stock ticker data would be delayed by 5-10-15, or more minutes ? I heard you have to pay to get real live min ticker.
Unfortunately for live data feed you'll have to pay, but it is usually less than $100 a month...
__________________
"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

My number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
Quantt is online now   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Need urgent help: ThinkorSwim (TOS) want to close my account unilaterally that will c chandra_abij General Trading Chat 5 Aug 11, 2011 10:07pm
A good no time limit Demo Account? Jason101 Spread Betting & CFDs 3 Aug 17, 2010 11:40pm
doubled my paper trading account in 2 weeks ... ??? secondary First Steps 13 Dec 1, 2008 8:27pm
Free Paper Trading Account nickdd First Steps 4 Oct 14, 2006 2:00pm
Is the City a good career choice? nobrainer Trading Firms 24 Feb 14, 2004 12:09am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)