Trading Futures on ThinkorSwim | Process & Setup
Вставка
- Опубліковано 19 сер 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.
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![How To Trade Futures For Beginners | The Basics of Futures Trading [Class 4]](http://i.ytimg.com/vi/wQwSyu4tX7Y/mqdefault.jpg)
![How To Trade Futures For Beginners | The Basics of Futures Trading [Class 4]](/img/tr.png)
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
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!
I’m on thinkorswim
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?
On my thinkorswim I'm approved for futures but when I try to paper trade it I'm unable?
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.
You have an incredibly good speaking voice, clear and well organized !
Thank you!
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!
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
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.
@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
@AustinWalker67 I will give this a look, thanks a bunch for sharing.
@@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
flockimng advertising scams / clowns
The best information on trading futures I have even seen
I am beginner Futures Trader and this video helped me a lot!!
Me too, thank you!
Man you explained it so well and clean, I actually thought you’re TOS Rep!
Love the video! Thank you for keeping it clear and clean!
Very clearly explained and helpful. Thank you!
Glad it was helpful!
Dude this tutorial was on point!
Great session! Thank you!
Cool prez and thank you for the script. Installed, works fine..
Excellent video. Thank You
Hi, Thanks much for the video and sharing the script.
Excellent tutorial, thanks!
Thanks, you explained it well.
i like the information you give
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!
Great video. Thank you!
great video, thanks
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.
Any updates on how it went for you?
I love this guy
Very good video
Great video. 👍🏻 Where can I get the script?
where can I find the script you mentioned?
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!!!!
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?
3:30 nice!!
Thank you
Thank you, I don't have the same Thinkorswim display and charts as you
Hi there! I there's no link to get the script. Where can I find it? Thanks! I love all your videos btw!
good video question how to get the futures indicator that show the ticksize and tick value? for TOS
never heard of futures.. looks interesting.
Just be careful, super leveraged. So learn as much as possible before diving in and start small
Tick chart : size and setup plz. This is really a big deal in the futures trading.
Where can I find this script, to add futures to my study?
where is the custom script for the studies tab? thanks
Where I can find the Script you added to study ?
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.
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
@@shortthestrike that's how I'm feeling about it as well. Great tutorial, and thanks for the reply.
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.
do you pay double the commission when opening and closing those contracts?
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.
Why isn't "futures" in my studies in TOS?
Do you need a margin account to trade futures?
the same issues
can you add the script for the futuers
Can you do one on the options on future contracts. Thanks
Yes, absolutely!
Liked the Video . . . can you please list the futuress script from the video Thank You!!
Would you still recommend TOS since they sold to Charles Schwab?
Hi!
How to add that "advanced_volume_bars" indicator?
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?
❤ Hello can you tell me what is the minimum amount of money you need to have to buy 1 contract of a micro es
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.
Where is the custom script you said you would add below?
Sorry I cannot find the script you mentioned to add to the charts.
Where can I find the futures study on the platform? It is not showing up in my search.
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.
tos.mx/fVf4PCo
TOS is too expensive for Futures trading
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!
Did you ever get an answer to this question? I'm in search of this information as well. Thanks in advance!
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
Not seeing the script you mentioned in the video. Thx.
tos.mx/fVf4PCo
Why is tos commission/contract fees so expensive compared to other platforms??
Where is the tick size program?
I downloaded your script but it was only "FuturesNotational" not "Futures" is this going to be a problem?
I dont have the futures study. Can you point me in the right direction?
tos.mx/jvqNAID
how much is a contract of /es on TOS? and how long is the cash settlement for it? thanks
I believe the initial margin req is about $15,000 right now. Intra-day being about half of that
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
Is this still valid with the move to Schwab? I have a Schwab account and would like to get into futures.
I do not see the script that you talked about.
tos.mx/fVf4PCo
Micros only newbies trade well futures is the way don’t let anyone stop you
IWhat is the differnece between Futures and FuturesNotional? thx
Essentially the same, I just had two different colors and abbreviated the label to make it smaller
Do the Greeks still play a role in future option trading ?
no
Awesome lesson! Thank you for your work
Showed no Futures in studies ?
Can you trade futures unlimited with cash account?
yes
Where is the customized script?
Where's the script?
tos.mx/jvqNAID
my screen is completely different
Where is the study?
tos.mx/fVf4PCo
The fact that you aren’t minimizing the watch list on the left is driving me crazy lol
Commissions are to high
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
the margin on Tos futures Sucks.... it is beyond rediculous
Yeah, it's been crazy high for about two years now
most annoying amount of ads i've ever seen
Sorry about that
LOL almost sounds like you dont advise trading futures!