How To Make A Scanner in Thinkorswim For Real Time Winners| Beginner Tutorial

Hey everyone, welcome to the Zero to Hero Trader YouTube channel tutorial video series on how to use the Thinkorswim platform. Whether you are new to trading or looking to enhance your skills, understanding how to make a scanner in Thinkorswim can be a valuable tool for day traders and swing traders. In this guide, we will walk you through the process of creating a scanner to help you identify potential winners in real-time.

To begin, you'll need to navigate to the Scan tab in Thinkorswim. Start by setting your criteria, such as volume, optionable stocks, market cap, and percent change. You can customize the scanner based on your preferences and trading style. Once you have set your criteria, you can run the scanner to generate a list of stocks that meet your specific requirements.

After running the scanner, you can save the query and turn it into a watch list for easy access. This allows you to track the stocks that meet your criteria and make informed trading decisions. By using the scanner feature in Thinkorswim, you can stay ahead of the market and uncover potential trading opportunities.

If you found this tutorial helpful, be sure to like and subscribe to our channel for more informative videos on trading strategies and platform tutorials. Stay tuned for our next video where we will delve into more advanced features of the Thinkorswim platform.

Keyword

Thinkorswim, Scanner, Stock Market, Day Trading, Swing Trading, Watch List, Trading Criteria

FAQ

What is a scanner in Thinkorswim? A scanner in Thinkorswim is a tool that allows traders to filter stocks based on specific criteria, such as volume, price movements, market cap, and more. It helps traders identify potential trading opportunities in real-time.
How can a scanner benefit traders? A scanner can benefit traders by providing them with a list of stocks that meet their specific criteria, making it easier to identify potential winners and make informed trading decisions. Traders can use scanners to stay ahead of the market and uncover trading opportunities.
Can scanners be customized in Thinkorswim? Yes, scanners in Thinkorswim can be customized to fit each trader's individual preferences and trading style. Traders can set criteria such as volume, optionable stocks, market cap, and percent change to filter stocks and create a personalized watch list.