Trade Options Fast Using Active Trader on ThinkorSwim

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  • Опубликовано: 28 дек 2024

Комментарии • 190

  • @shortthestrike
    @shortthestrike  2 месяца назад

    🛠Just launched my trading journal! If you trade stocks, options, futures, or crypto, give it a try with a 7-day free trial and let me know what you think! traderlog.io/

  • @estevez1942
    @estevez1942 Год назад +162

    With a structured approach it’s much easier to control your risk or your reward. So far, I’ve had eleven months of consistent profits trading options and forex!

    • @barbborstein7640
      @barbborstein7640 Год назад +2

      So true! I couldn’t agree more. Just because trading is ridiculously complex doesn’t mean that it cannot be profitable. Congrats!

    • @estevez1942
      @estevez1942 Год назад +7

      Thanks, Barb! … It’s absolutely refreshing to make money from anywhere with an internet service. Passive income for sure is liberating!

    • @StanHopson
      @StanHopson Год назад +1

      ⁠@@estevez1942 What’s working for you man? Trust me I’ve been doing this for about a year now and the technicality in getting profits isn’t always solved by following these RUclips tutorials and strategies.

    • @LiquidityOcelot
      @LiquidityOcelot Год назад +1

      Perhaps you’re right mate. The reality of trading is much complicated and these online videos don’t cut it. Lol! Seems unreal.

    • @estevez1942
      @estevez1942 Год назад +4

      Honestly dude, I believe it all boils down to industry knowledge and experience. I have my trades handled using advanced trading platforms by Christine M. Mila, an FCA-certified pro trader, she guides me on how to enter good trades, and with her system and solid trading advice my win rate has increased significantly!

  • @DerkMiester
    @DerkMiester 3 года назад +27

    This was ridiculously helpful. I'm noticing my current limitation is in the execution of the trades, and this was eye-opening. Thanks!

  • @Spitfireseven
    @Spitfireseven Год назад

    You covered everything. That is all that can be asked. We need to watch it 50 times. That'll do the trick. It will become second hand sooner or later. It's better you went through it like this. There are those speedy people who get it first time out. I'll be watching it again. Thankyou

  • @scotte.6110
    @scotte.6110 Год назад

    Best TOS and AT "how to" that I've seen on YT!! Thank you!!

  • @denzelseals1248
    @denzelseals1248 2 года назад +5

    This is one of the most perfected videos I've ever seen for any genre lol. This has helped my trading tremendously, thanks STS

  • @MomsMoneyMindset
    @MomsMoneyMindset 2 года назад +8

    The way you explained the templates was so clear and just confirmed the importance of setting limits and stops. Thanks for the video!

  • @bclarg3248
    @bclarg3248 2 года назад

    I've been wondering how to use A.T. for Options...and here it is! Very well done!

  • @olliewalker6406
    @olliewalker6406 3 года назад +10

    That was really, super helpful. I mainly daytrade SPY options and always felt like I was scrambling. You just sped me WAY up.

  • @Spitfireseven
    @Spitfireseven Год назад

    I was really intimidated by options. I watched a bunch of videos and then gave it a shot. I bought nine contracts right out. Wow! What an experience. These videos are everything. I still haven't the faintest idea what I did but I did it and will buy more today. With penny stocks you don't have to get out of sorts. You just do it. Thanks Again!

  • @jackdurham2857
    @jackdurham2857 Год назад

    Thanks!

    • @shortthestrike
      @shortthestrike  Год назад

      Wow, thank you!! Let me know if there’s anything you’d like me cover!

  • @californiavibes5157
    @californiavibes5157 2 года назад +1

    how did you get ride of those annoying boxes in the active trading?

  • @charliemurphy7888
    @charliemurphy7888 2 года назад

    I have been looking for this and I couldn't have asked for a better video.

  • @vibinvela
    @vibinvela Год назад

    This was so helpful! I learn something new about the Think or Swim platform. I usually use the active trader for futures because I couldn't understand how to link the options contracts the way you just showed me. Thank you so much!

  • @BillyJ10
    @BillyJ10 Год назад

    Would have liked to see if there's a way to manually adjust trailing stop if you have a winner

  • @shundawilliams6549
    @shundawilliams6549 Год назад

    I’ve been looking for a good trading video!! Thank you! Great video!

  • @titusrider7948
    @titusrider7948 6 месяцев назад

    This was a terrific and helpful video even though 2 years old 👍

  • @Bev5000
    @Bev5000 2 года назад

    I knew I should be able to use the active trader for options but could never find it. THANKS SO MUCH!!

  • @k_nataraj
    @k_nataraj Год назад

    Super helpful!!! THANK YOU!

  • @clauderobotham6261
    @clauderobotham6261 Год назад

    Excellent explanation. Thanks very much.

  • @captainmikeblanco2301
    @captainmikeblanco2301 2 года назад

    FANTASTIC OPTIONS SETUP & TIPS

  • @russbadessa431
    @russbadessa431 2 года назад

    Excellent, extremely useful "How-To" - fast, but that's what pause & replay are for. Chapter timestamps very much appreciated - THANKS!

    • @shortthestrike
      @shortthestrike  2 года назад

      I’m a very fast speaker too which doesn’t help much. Definitely trying to slow things down a bit

  • @sarahm1181
    @sarahm1181 Год назад

    At 9:58 , are you saying the buy-limit order and the stop-loss will adjust themselves according to the fill price or are you saying they will both execute by buying and selling simultaneously because the fill price was lower than both?

  • @davidcutrano7455
    @davidcutrano7455 2 года назад

    Thank you so much for such a great resource to learning active trader. You made it make sense

  • @fireman194
    @fireman194 2 года назад

    This is the video i have been looking for! Thank you

  • @michaelmarczan818
    @michaelmarczan818 Год назад

    Ok. very good video! Thank you!
    My question is this. Why do the orders not show up on my stock chart when I place my trades? (the little bubble thingy) ls there a wau to get it to show? Also a video foe active trader on mobile would be helpful.

  • @stevewright6290
    @stevewright6290 2 года назад

    New to TOS platform, and have watched a few dozen videos about it. Your videos are by the best, and there is not a close 2nd. Good work.

  • @Patzfan4eva
    @Patzfan4eva Год назад

    Great stuff…would to see your process on evaluating option and future trades when using the TOS platforms.

  • @todd5963
    @todd5963 3 года назад

    Incredible amount of information here!!!! Amazing video! Ur a natural at this.

  • @modo203
    @modo203 3 года назад

    This video is a little hidden gem.
    Thank you for sharing the knowledge!
    SUBSCRIBED.

  • @gangadharmahindrakar4264
    @gangadharmahindrakar4264 2 года назад

    Nicely Explained Thanks😄

  • @zsynhgd
    @zsynhgd 2 года назад +1

    super! This is very helpful!

  • @laga258
    @laga258 8 месяцев назад

    Excelent video,thank you a lot Bro.

  • @Allsportstees
    @Allsportstees 2 года назад

    Thank you for the vid, I know this is old but, are you saying that flatten is the main way to close a position?

  • @ryanspeed4671
    @ryanspeed4671 3 года назад +1

    The video was very informative and helpful. Thanks for taking to the time to share this very useful information..

  • @richdellagiustina6705
    @richdellagiustina6705 Год назад

    How can I show the percentage win or loss in the active trader? I enjoyed your video!

  • @begingardener275
    @begingardener275 2 года назад

    THANKS FOR TEACHING ME SOMETHING I HAVE NEVER USED ON TOS !

  • @gregorgman
    @gregorgman Год назад

    Great video but while you're in the trade, where on your screen are you viewing p/l? I no the monitor page shows that but switching screens defeats the purpose of speed in trading!

  • @allenc2289
    @allenc2289 2 года назад

    Thank you for posting a helpful video

  • @reddog_0344
    @reddog_0344 2 года назад

    Thank you so much for this very informative video!!

  • @AR-pj2wt
    @AR-pj2wt 2 года назад

    Clear and consistent! Was able to really get a very good understanding of how to use this tool in my trading. I’ve watch many videos on tos and active trader and yours has by far been thee most informative! Thanks

  • @zerrulp23
    @zerrulp23 2 года назад

    Amazing video man! Thank you.

  • @BBQ_Burrito
    @BBQ_Burrito Год назад

    Fantastic video. Thx

  • @johnreiter3263
    @johnreiter3263 2 года назад

    Excellent video. Thank you!

  • @mattdathew2794
    @mattdathew2794 Год назад

    is there a way for spreads?

  • @virgilio1956
    @virgilio1956 2 года назад

    hi, what if you wanted to a iron condor, spread, strangle, etc ? Instead of single contract ?

  • @TOMTAYLOR-k5g
    @TOMTAYLOR-k5g Год назад

    How do you decide which option to choose on the option chain?

  • @jradd77
    @jradd77 3 года назад

    Great tutorial. really helped me navigate TOS

  • @4682felipe
    @4682felipe 2 года назад

    I love you bro. Now I need a monitor lol cause now my laptop too small 😅

  • @shortthestrike
    @shortthestrike  3 года назад +12

    Please let me know if there's any tutorials you'd like me to make for future videos!

    • @nickjohnson8539
      @nickjohnson8539 3 года назад +1

      Can you do a tos mobile version of this?

    • @azharshamim1378
      @azharshamim1378 3 года назад

      Is there a way to buy or sell Verticals using the method you showed on Active Trader?

    • @shortthestrike
      @shortthestrike  3 года назад +1

      Sorry, they don’t have anything similar in the Mobile app

    • @shortthestrike
      @shortthestrike  3 года назад

      @@azharshamim1378 Unfortunately, no. You'll only be able to do a single leg on each active trader.

    • @paulodonnell7046
      @paulodonnell7046 3 года назад

      Can you do a video focused on forex?

  • @tmiles9747
    @tmiles9747 2 года назад

    i appreciate this so much. thank you.

  • @shmeepmeep9983
    @shmeepmeep9983 2 года назад

    how do you get rid of the side bar boxes in flexible grid once youre done setting up your active trader?

    • @shortthestrike
      @shortthestrike  2 года назад

      Hit the grid icon in the upper right, then checkmark "customize grid." You'll then get the little boxes in the cetner of each chart and you can uncheck the side bar tab. That'll get rid of all of them!

  • @andrewtruong3574
    @andrewtruong3574 2 года назад

    incredibly useful video, thanks for creating this!

  • @kthompson2154
    @kthompson2154 Год назад

    I know this vid is old but a few steps are missing like setting up the options page, to for a beginner this is critical. Thanks

  • @qingfeng2375
    @qingfeng2375 2 года назад

    YOU ARE AMAZING , THANKS FOR YOUR VEDIO .

  • @sportbilly2898
    @sportbilly2898 2 года назад +1

    how do you get rid of the notification window in the middle of the charts?

    • @shortthestrike
      @shortthestrike  2 года назад

      What notification window are you seeing?

    • @CFlo93
      @CFlo93 2 года назад

      Click the top right box with 6 tiny squares and uncheck customize grid

  • @Mr_Duck_RVA
    @Mr_Duck_RVA 3 года назад

    Love the video. I remember I was telling you about sending it to a different color. Didn't dawn on me to setup puts on another grid. That's a very good idea.

    • @Mr_Duck_RVA
      @Mr_Duck_RVA 3 года назад

      Also you may wanna test changing the refresh rate for active trader within settings.

    • @shortthestrike
      @shortthestrike  3 года назад

      @@Mr_Duck_RVA Good call!

  • @vero0992
    @vero0992 3 года назад

    I daytrade options. This is great!

  • @pablogastelum19
    @pablogastelum19 2 года назад

    Great video!!!

  • @oloscarlopez8
    @oloscarlopez8 2 года назад

    This is much better than talking to td ameritrade representatives.

  • @davidsherrill382
    @davidsherrill382 2 года назад

    Awesome, thank you!!

  • @spkwalhdproduction2339
    @spkwalhdproduction2339 Год назад

    I am new at this: How can I set up my chart like what you have on youtube. Please Advise

  • @jasonooi7787
    @jasonooi7787 Год назад

    Hi, do you know how to set a market on close condition, something like no matter what is the price and i just want to close it before 10 minutes market close ?

  • @ASR84_FX
    @ASR84_FX Год назад

    Thank you

  • @ScalpNinjaTrader
    @ScalpNinjaTrader 2 года назад

    yooo, appreciate the video. I was wondering if there was a way to add a watchlist to a cell on a single block in the grid? i watch several stocks and I choose contracts according to certain levels. seems like the only way is to detach the watchlist. which in TOS you already have to detach the options chain if you wish to keep an eye on that at same time. could just keep watchlist on the left, but alot of screen real estate to cover. Be great if we could add both to a cell

  • @thetinmansheart
    @thetinmansheart 2 года назад

    Hey SHort, very helpful tutorial! Thank you. Question, My TOS screen looks very different than yours and not all that conducive to trading options. By any chance have you made a shareable template for your workspace you could share?

  • @karatheriault6715
    @karatheriault6715 2 года назад

    Thank you, dear...Amazing!

  • @bestman7776
    @bestman7776 2 года назад

    Great video 👍

  • @aaronburr6116
    @aaronburr6116 3 года назад +1

    Great video...super helpful and very clear!

  • @bestman7776
    @bestman7776 2 года назад

    What’s that stop order mean?

  • @jeremys303
    @jeremys303 2 года назад

    Ty so much!!! So appreciated

  • @jamesleite487
    @jamesleite487 2 года назад

    what about being able to see what you just bought. like when you buy commons they show up on active trader, can you do that with options?

    • @shortthestrike
      @shortthestrike  2 года назад

      It’s broken for options, hopefully they make a fix. I have a second monitor so it’s never a concern, but you could add the watchlist on the side for current positions and edit the columns to include trade price and qty to keep track of it

  • @tracyragsdale3813
    @tracyragsdale3813 Год назад

    May be a dumb question....but on flex grid, how do I get rid of the boxes in the middle of each chart

  • @Yesenia.H
    @Yesenia.H 15 дней назад

    This video was super helpful❤

  • @amandaong2104
    @amandaong2104 2 года назад

    best tutorials

  • @dewanehill1435
    @dewanehill1435 2 года назад

    A chart of the underlying with an option montage and the active trader on the option selected is the view I'd like to see.

  • @chrismnutone8421
    @chrismnutone8421 2 года назад

    I hope you work for TDAmeritrade because they could use you. Your teaching is always so clear and to the point. Great job!

  • @neuvocastezero1838
    @neuvocastezero1838 2 года назад

    Thanks for the video. I notice that when stop orders are created by right clicking the instrument from the Monitor tab, they do not appear on the price ladder and cannot be easily adjusted by sliding the arrow on the chart. I thought that one important aspect of a stop price is that the market cannot "see" it. Are the stop orders created in Active Trader actually "Stop" orders, or are they actually limit orders that other traders can see on the ladder?

  • @johnnierobinson3534
    @johnnierobinson3534 3 года назад

    Amazing video! Helped me a lot with the platform!

  • @abundant752
    @abundant752 3 года назад

    Thank you 👍🏾

  • @patrickhenry7416
    @patrickhenry7416 Год назад

    So is this direct access software..?

  • @NPu2
    @NPu2 3 года назад

    Great video. Does TOS have a way to track our daily realized P/L? I’ve noticed it doesn’t show up in Active Trader for options

    • @olliewalker6406
      @olliewalker6406 3 года назад

      They don't. It makes it hard to compete with my Discord buddies.

    • @360businessservices4
      @360businessservices4 3 года назад

      Yes ... but IDK how to explain it

    • @danielstanfill4321
      @danielstanfill4321 Год назад

      It's on the app. If it's on the platform, I don't know where.

  • @4682felipe
    @4682felipe 2 года назад

    So if I hit the green buy market I'm in for 1 call option but if I hit the red sell market will that sell my a 1 call option or will that put my in a 1put option??

    • @shortthestrike
      @shortthestrike  2 года назад +1

      Great question! It would sell the call. If you wanted to buy a put to take advantage of a down move, you’d either need to put the put option in the active trader or have one set up for calls and the other for puts

    • @4682felipe
      @4682felipe 2 года назад

      @@shortthestrike gotcha thankyou I was confused about this I will practice with paper trades try to get comfortable im currently using mobile and wish my fills were faster this is it but gotta get used to it

  • @LDiego
    @LDiego 3 года назад

    thanks, great video, really helpful

  • @bclarg3248
    @bclarg3248 Год назад

    OK, on the Flexible Grid, how do u get rid of the dialogue box (show side bar, add window, delete window)? It's hiding prices.

    • @shortthestrike
      @shortthestrike  Год назад

      You'll need to click on the little grid icon in the upper right hand corner. Then in the list below you need to "uncheck" the box called "customize grid"

  • @rafaelmarquezf
    @rafaelmarquezf 3 года назад +1

    This is an amazing.

  • @ThatEngineerGuy_
    @ThatEngineerGuy_ 2 года назад

    How do you trade options based on the underlying equity? I’ve seen options orders being placed/filled based on the actual security. For ex. You place a order for a call and it shows up on the spy chart so you can see where it needs to go to get filled

    • @shortthestrike
      @shortthestrike  2 года назад +1

      ruclips.net/video/5G3eP3wosbw/видео.html

    • @ThatEngineerGuy_
      @ThatEngineerGuy_ 2 года назад

      @@shortthestrike get back to work the markets open bro. Thank you!

    • @shortthestrike
      @shortthestrike  2 года назад +1

      ​@@ThatEngineerGuy_ Losing too much money today. I need to look away!

    • @ThatEngineerGuy_
      @ThatEngineerGuy_ 2 года назад

      @@shortthestrike smart man. Know when to walk away. 3T in expiries today we knew it would be a cluster f.

  • @leejmuam1
    @leejmuam1 3 года назад +1

    Can you get real-time data on TOS paper trade without having a real account?

    • @shortthestrike
      @shortthestrike  3 года назад +1

      They technically can, but I haven’t seen any of them do it unless you have a live account with over $500 in it.

    • @jamalthomas2377
      @jamalthomas2377 3 года назад

      yeah you can you just have to deposit 500 dollars into live account

  • @rafaelmarquezf
    @rafaelmarquezf 3 года назад

    Hey Short. Truly the best video out there for this. I am curious to know if we should load the BUY MARKET/SELL MARKET or BUY ASK SELL BID for day trading? Or should we try our luck Limiting the Mark (middle prices and not get filled)? Thanks Brother. Wish you much success!

    • @rafaelmarquezf
      @rafaelmarquezf 3 года назад

      For the big buttons on the active trader. I saw someone use the BUY ASK/SELL BID instead of market. Just curious to know what you think.

    • @shortthestrike
      @shortthestrike  3 года назад +1

      If you're trying to get in as soon as possible then I would personally stick with buy ask/sell bid. That way you're still using limit orders, but still almost guaranteed to get a fill. I still use the mid 99% of the time, but I'm not day trading

    • @rafaelmarquezf
      @rafaelmarquezf 3 года назад

      @@shortthestrike thanks for your reply. What would you suggest if the options spread is quite big .50+ cents? On a big name stock. Seem to be having an issue with this.

    • @shortthestrike
      @shortthestrike  3 года назад

      @@rafaelmarquezf If you're looking at something like amzn that'll just be expected. If you're not too worried about paying a little extra by putting to get in immediately, I don't see anything wrong with using buy ask/sell bid. I would stay away from market orders completely

  • @ls-ut1sy
    @ls-ut1sy 2 года назад

    When I select 'AT + Chart' in Active Trader, a window pops up to the right of my chart and contains the active trader info. Can that be moved to the left? Makes more sense since data keeps unfolding to the right in the chart.

  • @bluepine33
    @bluepine33 Год назад

    Another Home Run !

  • @bclarg3248
    @bclarg3248 Год назад

    I would like to be able to monitor/ trade up to 4 underlyings at a time. But Active Trade seems to only allow me to trade on asset at a time. ??? Is this true?

  • @garyjames853
    @garyjames853 2 года назад

    This was great info and very helpful . Thx

  • @dcarsondavis
    @dcarsondavis 2 года назад +1

    The biggest issue I have is when I have multiple positions open, I track via the Monitor Tab. Getting each option back into Active Trader from the Monitor without going back to be the options chain is cumbersome and slow. I really wish TD would fix it.

  • @monistaf
    @monistaf Год назад

    If I am long on an option trade (Existing position) how can I insert a stop loss to cut my losses. When I tried to click on the right even though it said STP, when in monitor, it shows up as "sell to open". I was expecting to see a "sell to close", in other words, it created a NEW STP order, not associated with my existing position.

  • @mellytriani2462
    @mellytriani2462 3 года назад

    Can we make conditional order using active trader? If we can please make a video how to do it.

    • @shortthestrike
      @shortthestrike  3 года назад +1

      If you're talking about time contingent orders or things like study conditions, no. The only thing you'll be able to do is advanced orders like OCO/2OCO/3OCO.

    • @mellytriani2462
      @mellytriani2462 3 года назад

      @@shortthestrike O ok.. I was thinking about making conditional order on options contingent to the stock price for setting the stop loss and target thru active trader. Maybe if there’s such thing it will be easier and faster.

  • @ArrtusMusic
    @ArrtusMusic 3 года назад

    How do you get the P/L open/day/etc on the active trader? I'm struggling to figure it out.

    • @shortthestrike
      @shortthestrike  3 года назад +1

      Those column display automatically. Are you sure you have the active trader open and not one of the other trade buttons? Using it for options wont work. I talked to someone at td and they said its something the developers are working on, but who knows.

    • @ArrtusMusic
      @ArrtusMusic 3 года назад

      @@shortthestrike Hey, thanks for getting back to me.
      Yes, I have the active trader open. I actually am planning on using it for options. I saw a video of someone showing an options trade on ToS and he had the P/L on the bottom of his active trader. The video is called, "Scalping Options with ThinkorSwim Active Trader" by Vincent Desiano, skip to 10:30, if you'd like to check it out.
      Anyway, last night I found a way to somewhat display it using the detach feature. I detached the options chain tab and on the bottom it has all the position details. I rescaled it and use it as a smaller tab that's open. Just would have been nice to have it more easily accessible is all.

  • @myrond3588
    @myrond3588 2 года назад

    How do you make your order default something other than single? It's a pain to reset every time.

    • @shortthestrike
      @shortthestrike  2 года назад

      You can head to Setup > Application Settings > Order Defaults > Options. You can also head over to Active Trader then uncheck the "Reset AT order template after sending." That way your ladder wont reset everytime you place a trade with it

    • @myrond3588
      @myrond3588 2 года назад

      @@shortthestrike Thanks. I'll check that out. I've been decades with IB and have been trying TOS to make a switch or use for different strategies.

  • @johnsonbenson5779
    @johnsonbenson5779 Год назад +5

    Great video. I make huge profits on my investment since i started trading with a professional broker Mrs Kathi Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥

    • @felixsizer300
      @felixsizer300 Год назад

      Thank you for the level-headed financial advice. I started my investment with $8,500 in just a week of trading with her I’ve gotten profits of $19,750 in my portfolio. Thank you Ma'am

    • @sarahgrindle4658
      @sarahgrindle4658 Год назад

      Wow! Pretty good please how can i reach this Mrs Kathi Morgan everybody is talking about? I want to invest i'm from Canada

    • @johnsonbenson5779
      @johnsonbenson5779 Год назад

      @KATHIMORGAN is her user name for help

    • @michaelmingle9533
      @michaelmingle9533 Год назад

      Ever since i started trading with Mrs Kathi with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia

    • @sarahgrindle4658
      @sarahgrindle4658 Год назад

      @@johnsonbenson5779 Thank you Sir, i just started my trade with her.

  • @Jah972Love
    @Jah972Love Год назад

    For anyone reading this, you cant actually switch very quickly which option you are watching by selection the drop down menu (where you would put the symbols you are monitoring) then navigate to option.