Hey BM thanks for the class. Id like to see MANY more classes on Day Trading and using A.T. I have a question. How would I scale out. Say I bought 100 Shares using Buy Ask, then I wanted to sell 50% (50 shares) to take profits when price moved and then scale out more as it goes up even more. When I tried to practice this in OnDemand I got an error in ToS when I changed the shares to 50 and then used Sell the Bid. What am I doing wrong? Please advise thanks.
To scale out at different prices you need to use orders such as 1st Trgrs 2OCO orders or 2OCO orders. I gave an example of one towards the latter-half of my last Exploring thinkorswim class. Here is a link: ruclips.net/user/liveJKmJc9rDw74?feature=share ^BM
@@tradertalkswebcasts thanks but I meant scale out using just a quick order button when doing day trading watching candie action and quickly getting out not waiting to use predetermined set oco brackets. Yes I saw you did that method in the video.
Hey BM thanks for the class. Id like to see MANY more classes on Day Trading and using A.T. I have a question. How would I scale out. Say I bought 100 Shares using Buy Ask, then I wanted to sell 50% (50 shares) to take profits when price moved and then scale out more as it goes up even more. When I tried to practice this in OnDemand I got an error in ToS when I changed the shares to 50 and then used Sell the Bid. What am I doing wrong? Please advise thanks.
To scale out at different prices you need to use orders such as 1st Trgrs 2OCO orders or 2OCO orders. I gave an example of one towards the latter-half of my last Exploring thinkorswim class. Here is a link: ruclips.net/user/liveJKmJc9rDw74?feature=share
^BM
@@tradertalkswebcasts thanks but I meant scale out using just a quick order button when doing day trading watching candie action and quickly getting out not waiting to use predetermined set oco brackets. Yes I saw you did that method in the video.
Active Trader Tools for stocks and Options is an area that needs more educationl
Thanks for watching! ^BM
Is there a video with think or swim web?
agree 100% percent.
I had to give up before 8 minutes were up. Not organized, not focused. The Author should put some time into these videos BEFORE he records them.
Thanks for watching. ^BM