Featured
Several highlights we've selected for you.
Order Entry Tools
The main order entry tool appears at the bottom of your screen and can help you create several common orders (check out Order Types for a complete list). You can easily open this tool by clicking BUY or SELL for a symbol.
Once opened, click the dropdown in the Order column to select an order type. The entry tool will then change to the order template for that type.
Notice how the order price, except for ~MKT market orders, automatically changes based on underlying mark price. This is an unlocked price value and can be “locked” by clicking the % lock icon next to the price.
- An open lock %is an unlocked price that changes as the underlying changes.
- A closed lock & is a locked price that doesn’t automatically change.
Locked prices don’t change automatically but can be adjusted using the + and – buttons. Regardless of order type you can always type in or use the + and – buttons to adjust order price.
This page covers the following content:
- Market Orders
- Limit Orders
- Stop Orders
- Stop Limit Orders
- Trailing Stop and Trailing Stop Limit Orders
- Market on Close (MOC) Orders
- Limit on Close (LOC) Orders
- Order Rules
If you are interested in learning about Walk Limit® orders, please refer to this page.
StreetSmart Transition Tools
- StreetSmart Edge to thinkorswim (YouTube)
- StreetSmart Central to thinkorswim (YouTube)
- thinkorswim Demos
Workspaces
In thinkorswim® you’ve always gotten to build your own sandbox. As you use the platform, you’ll likely change some of the settings or select different features to use. As you change things to better suit your trading needs, you’re also building your own sandbox.
But what if you don’t know where to start?
At thinkorswim®, we’ve created six different setup windows you can choose from. These different setups are what we call workspaces. If you ever want to change your workspace, use the Setup Wizard available from the Setup menu.
You can still build your own sandbox, but now you have a place to start!
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