Trading Futures on ThinkorSwim | Process & Setup

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  • Опубликовано: 19 авг 2022
  • Today we'll learn how to trade futures on the thinkorswim desktop platform.
    Trading futures can be a bit intimidating when you first get started. They’re crazy leveraged, can move incredibly fast, and are honestly not something most people should even consider trading. However, if you’re watching this ill assume you’re aware of all that, have decided they make sense for you and are now just trying to figure out how to actually trade futures in thinkorswim and how to setup and customize your platform.
    So that’s exactly what we’ll cover today, going through the actual process of placing trades, adding custom scripts to use as quick references for different contracts, and some ways to setup the platform to be more conducive for futures trading.
    ➤My Website: shortthestrike.com/
    ➤ Open a tastyworks account: start.tastyworks.com/#/login?...
    ➤ Start Investing with M1 Finance: m1finance.8bxp97.net/151KXm
    Disclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you.

Комментарии • 115

  • @shortthestrike
    @shortthestrike  Год назад +15

    During editing realized I didn't cover nearly as much as I wanted to. Let me know if there's something you'd like me to cover on another video on futures! tos.mx/fVf4PCo

    • @JeZZe26
      @JeZZe26 Год назад

      Is there a reason my margin requires for nq is a lot lower than mnq? It seems like it should be the other way around!

    • @JeZZe26
      @JeZZe26 Год назад

      I’m on thinkorswim

    • @jrgonzel4265
      @jrgonzel4265 Год назад +3

      HI quick question When you have a small account let’s say 3k do you get your buy power back immediately after you close a futures trading position or do you have to wait until the next day like option contracts?

    • @_noname_4756
      @_noname_4756 Год назад

      On my thinkorswim I'm approved for futures but when I try to paper trade it I'm unable?

    • @bluepine33
      @bluepine33 8 месяцев назад

      How to simply place a Buy Call or Sell Put using Active Trader when trading /ES for example. The method should be the same for Sell Calls and Buy Puts.

  • @CAJimenez89
    @CAJimenez89 Год назад +5

    I appreciate this. I was able to configure my Futures Set Up on my TOS app on my laptop and have been practicing with paper trades. Awesome video!

  • @standingforIM
    @standingforIM Год назад +6

    Thank you SOOOO much for this vid! I've been in the markets for years now, but pretty new to TOS and brand new to futures, the info you give in here is invaluable to me

  • @bluepine33
    @bluepine33 Год назад +14

    You have an incredibly good speaking voice, clear and well organized !

  • @brianbradfield1370
    @brianbradfield1370 7 месяцев назад +1

    The best information on trading futures I have even seen

  • @bestman7776
    @bestman7776 Год назад +4

    Man you explained it so well and clean, I actually thought you’re TOS Rep!

  • @preetsghai348
    @preetsghai348 7 месяцев назад

    Hi, Thanks much for the video and sharing the script.

  • @vondenballs
    @vondenballs 8 месяцев назад

    Cool prez and thank you for the script. Installed, works fine..

  • @Greg5121
    @Greg5121 Год назад

    Thanks, you explained it well.

  • @RMark.Trades
    @RMark.Trades 3 месяца назад

    Excellent tutorial, thanks!

  • @Tdburn
    @Tdburn Год назад

    Dude this tutorial was on point!

  • @kenmosholder1935
    @kenmosholder1935 Год назад

    Excellent video. Thank You

  • @kaytweedy3606
    @kaytweedy3606 Год назад

    Great session! Thank you!

  • @yantianwang2462
    @yantianwang2462 Год назад +2

    Very clearly explained and helpful. Thank you!

  • @StarShippCaptain
    @StarShippCaptain Год назад +1

    Super Video on the subject. Looking forward to seeing the other Videos of Futures Trading using TOS. I'd like to know when you place the trade before Sending it, is there some way to see "Max Loss" and "Max Profit" as you can with TOS when trading Options. Thanks!

  • @MSTR_of_Coin
    @MSTR_of_Coin 18 дней назад

    Great video. Thank you!

  • @terrywilliams2349
    @terrywilliams2349 Год назад +5

    I am beginner Futures Trader and this video helped me a lot!!

  • @Patricia-Margaret
    @Patricia-Margaret 7 месяцев назад +85

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @Patricia-Margaret
      @Patricia-Margaret 7 месяцев назад

      @AustinWalker67 That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @Patricia-Margaret
      @Patricia-Margaret 7 месяцев назад

      @AustinWalker67 I will give this a look, thanks a bunch for sharing.

    • @Susanne-zuku
      @Susanne-zuku 7 месяцев назад

      @@Patricia-Margaret Bridget Mary Turow her trading strategies is working for me for more than a year now and I’m making good profit from the stock market and she's 100% honest, reputable and trustworthy

    • @davidscott7682
      @davidscott7682 3 месяца назад +3

      flockimng advertising scams / clowns

  • @willjackson3628
    @willjackson3628 Год назад

    i like the information you give

  • @vfam3285
    @vfam3285 4 месяца назад

    great video, thanks

  • @marcelopereyra5865
    @marcelopereyra5865 Год назад +5

    Great video. 👍🏻 Where can I get the script?

  • @AmZayDie
    @AmZayDie Год назад

    I love this guy

  • @BASE5NYC
    @BASE5NYC 9 месяцев назад +3

    I've traded stocks & options for years and have been interested in futures for a while but have no idea how to get started. Seems like so many new things to learn, new analysis, market news to look for, technicals, etc.

  • @music196721
    @music196721 10 месяцев назад +6

    where can I find the script you mentioned?

  • @zdark2light194
    @zdark2light194 Год назад

    Very good video

  • @JamesWilliams-lj7ks
    @JamesWilliams-lj7ks Год назад

    Did you do this vid on TOS in the Live trading side of TOS or did you do it on the Paper trading side of TOS?

  • @chrismurphy1778
    @chrismurphy1778 Год назад +2

    How do I add this script to TOS when on a mac.....I get a message that states MS files are not supported on the OS? Thank you.....Awesome vid!!!!

  • @somosdaytrader6347
    @somosdaytrader6347 Месяц назад

    good video question how to get the futures indicator that show the ticksize and tick value? for TOS

  • @raindropdrizzlearchives1536
    @raindropdrizzlearchives1536 9 месяцев назад

    do you pay double the commission when opening and closing those contracts?

  • @143143john
    @143143john Год назад +1

    Where I can find the Script you added to study ?

  • @bigcash4toners184
    @bigcash4toners184 Год назад +2

    Where can I find this script, to add futures to my study?

  • @lukedikta5980
    @lukedikta5980 Год назад +1

    Tick chart : size and setup plz. This is really a big deal in the futures trading.

  • @vndradeanthony
    @vndradeanthony Год назад +3

    where is the custom script for the studies tab? thanks

  • @i.g.7098
    @i.g.7098 Год назад +1

    3:30 nice!!

  • @doniyorakramov706
    @doniyorakramov706 Год назад

    Hi!
    How to add that "advanced_volume_bars" indicator?

  • @tahntalus
    @tahntalus 8 месяцев назад

    can i paper trade futures against live data with think or swim? micros trade almost 24/7 so will i have access to papertrade 24/7?

  • @mw7185
    @mw7185 5 месяцев назад

    ❤ Hello can you tell me what is the minimum amount of money you need to have to buy 1 contract of a micro es

  • @IvanRamirez-fs3sf
    @IvanRamirez-fs3sf 7 месяцев назад

    Thank you, I don't have the same Thinkorswim display and charts as you

  • @DavidFeinbergCalabrese-ik2dh
    @DavidFeinbergCalabrese-ik2dh 2 месяца назад

    Do futures work the same as option in terms of Buy to Open to cap risk? vs selling to open? It sounds like I have to "sell" to go short with options.

  • @rodneywalker8153
    @rodneywalker8153 4 месяца назад +1

    Would you still recommend TOS since they sold to Charles Schwab?

  • @josephsaeteurn9158
    @josephsaeteurn9158 Год назад

    never heard of futures.. looks interesting.

    • @shortthestrike
      @shortthestrike  Год назад

      Just be careful, super leveraged. So learn as much as possible before diving in and start small

  • @mercedesbenzie490
    @mercedesbenzie490 2 часа назад

    Hi there! I there's no link to get the script. Where can I find it? Thanks! I love all your videos btw!

  • @wladyslawawalczak287
    @wladyslawawalczak287 Год назад +2

    can you add the script for the futuers

  • @markgaribaldi9319
    @markgaribaldi9319 Месяц назад

    Liked the Video . . . can you please list the futuress script from the video Thank You!!

  • @Siegefya
    @Siegefya Год назад +2

    Question, how do you feel about the fees to trade futures with TD? I'm trying to decide if it's really worth it. Leaning towards it's not. Pretty much all of the competition has lower round trip fees, some are much lower. Sucks because TOS is what I've been using to trade options for a while now,. Think I'm gonna go with tradovate, and use ToS charts so it'll be cool if you can cover that platform in the...future.

    • @shortthestrike
      @shortthestrike  Год назад +5

      They’re way more expensive then everyone else, but I don’t trade enough contracts where it really has an impact on me. Plus I like 99% of everything else on there, so it really doesn’t make sense for me to move any real money over just for futures. But they’re definitely wayyy more expensive than everyone else

    • @Siegefya
      @Siegefya Год назад

      @@shortthestrike that's how I'm feeling about it as well. Great tutorial, and thanks for the reply.

    • @tevlogs5234
      @tevlogs5234 11 месяцев назад +2

      Other platforms you have to pay for data monthly,and other features, that the ToS have for free, so I guess that's where it's supposed to even out.

  • @bluepine33
    @bluepine33 8 месяцев назад

    How to simply place a Buy Call or Sell Put using Active Trader when trading /ES for example. The method should be the same for Sell Calls and Buy Puts.

  • @ounmore2893
    @ounmore2893 Год назад

    Can you do one on the options on future contracts. Thanks

  • @buzzdanker2832
    @buzzdanker2832 Год назад

    Your initial margin requirements are lower than what mine shows on TOS.. Do they have different amounts for different people..? Looks like it.. My /MYM is $ 1300... yours is $825.00

  • @SamBangweulu
    @SamBangweulu 5 месяцев назад

    Sorry I cannot find the script you mentioned to add to the charts.

  • @vincentalvino4318
    @vincentalvino4318 7 месяцев назад +1

    Where is the custom script you said you would add below?

  • @2cthetruth
    @2cthetruth Год назад

    Why is tos commission/contract fees so expensive compared to other platforms??

  • @markschellhammer4663
    @markschellhammer4663 Год назад +4

    Why isn't "futures" in my studies in TOS?
    Do you need a margin account to trade futures?

  • @andrewdwillis6
    @andrewdwillis6 3 месяца назад

    I downloaded your script but it was only "FuturesNotational" not "Futures" is this going to be a problem?

  • @HiveMind2024
    @HiveMind2024 Год назад

    Where is the tick size program?

  • @tatiannagilliam4487
    @tatiannagilliam4487 Год назад +2

    Where can I find the futures study on the platform? It is not showing up in my search.

    • @stevenkurt32gmailcom
      @stevenkurt32gmailcom Год назад

      Behind my name 🔝 His mail address it's quite as a beginner and you ought to understand the market trends and different algorithm. The losses i incurred made me believe trading was actually a dead end not until I made 10 times on my trading capital in 3 weeks and with the market making large moves and the support and mentoring I got from Mr Kurt and he made me learn to read and understand the language of price action rather than relying on lagging indicators my orientation of trading I will advice traders and newbies to before they involve in it. Mr Kurt makes you learn daily while you make profit with his signals.

    • @shortthestrike
      @shortthestrike  Год назад +1

      tos.mx/fVf4PCo

  • @micahdelic808
    @micahdelic808 Год назад

    would we be able to make this type of layout for futures on ibkr? i like tos but the commissions per contract is expensive. looking to change over to ibkr but the broker/layout is a bit difficult to navigate. any info would be great. but as always great video!

    • @Caring4Self
      @Caring4Self Год назад

      Did you ever get an answer to this question? I'm in search of this information as well. Thanks in advance!

  • @JirenT
    @JirenT Год назад

    how much is a contract of /es on TOS? and how long is the cash settlement for it? thanks

    • @shortthestrike
      @shortthestrike  Год назад

      I believe the initial margin req is about $15,000 right now. Intra-day being about half of that

    • @BLACKAAROW
      @BLACKAAROW 9 месяцев назад

      I have a small account on Thinkorswim, how much is required for micro futures? I tried to do micro futures for the SP500 and gold with over $1,000 in my account and it keeps saying I don’t have enough buying power

  • @dougp9818
    @dougp9818 Год назад

    IWhat is the differnece between Futures and FuturesNotional? thx

    • @shortthestrike
      @shortthestrike  Год назад

      Essentially the same, I just had two different colors and abbreviated the label to make it smaller

  • @Preciousvibez
    @Preciousvibez 6 дней назад

    Micros only newbies trade well futures is the way don’t let anyone stop you

  • @joeblow5588
    @joeblow5588 Год назад +5

    TOS is too expensive for Futures trading

  • @freebird2360
    @freebird2360 Год назад +1

    Not seeing the script you mentioned in the video. Thx.

  • @BradleyFreeman-vp5cj
    @BradleyFreeman-vp5cj Год назад +1

    I dont have the futures study. Can you point me in the right direction?

  • @jeromeperry1029
    @jeromeperry1029 Год назад

    Do the Greeks still play a role in future option trading ?

  • @tomb5135
    @tomb5135 Год назад +2

    I do not see the script that you talked about.

  • @user-cf3mq5uc9f
    @user-cf3mq5uc9f Год назад

    Can you trade futures unlimited with cash account?

  • @StockEncoder
    @StockEncoder 6 месяцев назад

    Showed no Futures in studies ?

  • @jonjuarez8412
    @jonjuarez8412 28 дней назад

    Where is the customized script?

  • @SunflowerSmile44
    @SunflowerSmile44 2 месяца назад

    Awesome lesson! Thank you for your work

  • @Breaking-Bullish
    @Breaking-Bullish Год назад

    Where's the script?

  • @semiscreditcarsandbars9662
    @semiscreditcarsandbars9662 Год назад

    Where is the study?

  • @IvanRamirez-fs3sf
    @IvanRamirez-fs3sf 6 месяцев назад

    my screen is completely different

  • @michaelpichardo8407
    @michaelpichardo8407 Год назад +1

    Commissions are to high

    • @RG-gv8ss
      @RG-gv8ss Год назад

      Is that really the commission for a mini ? Also is there a broker you would recommend to trade futures with low commissions?
      I mainly trade forex on Oanda and want to get into futures because I want to trade gold

  • @CK-1000
    @CK-1000 Год назад +1

    The fact that you aren’t minimizing the watch list on the left is driving me crazy lol

  • @anthonystewart5215
    @anthonystewart5215 Год назад

    the margin on Tos futures Sucks.... it is beyond rediculous

    • @shortthestrike
      @shortthestrike  Год назад

      Yeah, it's been crazy high for about two years now

  • @starttofinishmediaco.2520
    @starttofinishmediaco.2520 3 месяца назад

    LOL almost sounds like you dont advise trading futures!

  • @mickatnite6340
    @mickatnite6340 Год назад

    most annoying amount of ads i've ever seen