The Thinkorswim platform for high-performance traders and day traders Free, live, real time streaming U.S. stock and option pricing feed. Trade multiple-legicate option strategies using up to four legs at a time. Thinkorswim app allows you to track all your transactions and positions without being connected to the internet. It is available on PC, MAC, iPhone and android.
The trading platform of the thinkorswim app for traders is very user friendly and allows you to enter and exit trades very quickly. It has several different analytical tools that track the real time streaming U.S. stock prices and market depth. The platform gives you real time alerts on breaking news and recommends risky or unprofitable stocks to watch so you can stay on top of the investments you're making. The platform provides indicators to let you know when to buy, sell or do nothing.
For the advanced or professional traders the thinkorswim app provides charts and other financial analysis that are customized to the particular markets you're trading. The desktop platform of the app for traders offers bar charts, line charts, pie and rectangles charts, point and figure charts and data visualisation tools. The desktop platform also offers technical analysis tools such as the Moving Average Convergence Divergence and the RSI Indicator. Finally, the mobile version of the thinkorswim app offers interactive 2D charts of the particular stocks you're trading in order to maximize your learning.
Thinkorswim is not a free forex trading platform that you run and forget. It is definitely an effective tool, but you do need to have some time and knowledge to fully reap its benefits. If you have prior experience with forex trading, then the desktop version is probably a good choice for you, otherwise the mobile version may be better for you. In fact, this app is ideal for beginners because it helps make the learning process much easier. Even if you are already an experienced forex trader then you can still learn new tips and strategies by using the thinkorswim platform. This is because the app enables you to easily analyze the market using a variety of visualisation tools and gives you information on historical data.
Forex traders who use the thinkorswim app underestimate one thing - timing. The forex market is very volatile and requires quick action. Even the most sophisticated forex trading strategy will be rendered useless unless it's based on sound forex trading principles. This is where the forex trading webcast software comes in. The platform provides real-time live streaming of forex webcasts so you can monitor profitable trades even when you're busy with your day job or have other obligations.
Thinkorswim is a powerful desktop application that is ideal for both beginners and experienced forex traders. The app is open-source, so it is cross-browser compatible with all browsers including Internet Explorer. This means that it can be used securely over the internet, no matter how users are browsing. Forex traders can also set their own limits for live streaming of forex trading platform webcasts.