Hey everyone, Daniel here! In this article, I'll guide you through setting up pre-market and after-hours trading on the thinkorswim platform and the TD Ameritrade website. By following these steps, you'll be able to trade during extended hours, maximizing your trading opportunities. Let's get started!
Hey guys, Daniel here welcoming you back to my channel! Today, I'll show you how to set up pre-market and after-hours trading on the thinkorswim platform and the TD Ameritrade website. By enabling these features, you can trade before and after the regular market hours, gaining an edge in the market. Let's dive into the process step by step.
To begin, make sure the Active Trader button is clicked on the thinkorswim platform. This setting allows you to place pre-market and after-hours orders. Next, adjust the time in force (TIF) setting to "GTC ext" for extended hours trading. Remember, during pre-market and after-hours, market orders are not available, so use limit orders instead. Additionally, set up "Buy Ask" and "Buy Bid" buttons on the platform for trading during extended hours. When the market opens at 9 am, switch the TIF setting back to "Day" for normal trading hours.
Moving on to TD Ameritrade, you can also trade pre-market and after-hours using their platform. Simply search for a stock, like Tesla, and place a limit order for trading during extended hours. Set the time in force to "GTC plus ext" to enable trading outside regular hours. If you prefer to trade during regular market hours, adjust the time in force to "Day." Always review your order details before placing the trade to ensure accuracy.
That's a wrap on how to set up pre-market and after-hours trading on both the thinkorswim platform and TD Ameritrade website. If you have any questions or need further assistance, feel free to leave a comment below. Don't forget to like and subscribe for more informative content. Happy trading!
Keyword: pre-market, after-hours, thinkorswim platform, TD Ameritrade, trading, extended hours, limit order, time in force
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