nextSignals, otherwise known as @stephenharlinmd on Twitter, is a prominent trader in the FinTwit community. He recently disseminated what he described as a “Simple and Effective Trend Following System.” The …
How to Reset Paper Money in ThinkorSwim (Step by Step)
Sometimes, you just need to reset your paper money in ThinkorSwim. Maybe your new trading strategy backfired, and you lost half of your account. Luckily, this is a problem we …
P/L Open vs. P/L Day in ThinkorSwim: What’s the Difference?
There are two ways to determine your profit or loss on a trade: P/L Open and P/L Day. The term P/L stands for Profit/Loss. If ThinkorSwim is your primary trading …
JPMorgan’s VIX Buy Signal Indicator for ThinkorSwim
Here’s a bullish indicator for ThinkorSwim, inspired by a lead strategist at JPMorgan Chase & Co. The VIX (Cboe Volatility Index) is a widely-followed measure of stock market volatility. JPMorgan …