How to Trade Pre-Market and After Hours on ThinkorSwim

How to Trade Pre-Market and After Hours on ThinkorSwim

Today, we are going to learn how to buy and sell stock in the pre-market and after hours within ThinkorSwim. These are the time periods before and after the stock exchanges open and close, and the time period will depend on your individual broker. For ThinkorSwim, the pre-market hours begin at 7 A.M Eastern Time, and the after-hours go on until 8 PM Eastern Time. Between these hours, you can buy and sell stock by using a limit order and specifying that you want it good during the extended session. Here is a step-by-step guide on how to do it:

1. Build an order ticket just like normal by selecting the stock and clicking on "Buy."
2. Specify the quantity and use a limit order to set an exact price you are willing to pay.
3. Switch the order to the extended session (EXT) in the order ticket settings.
4. Confirm and send the order.

Moreover, you can also use the Active Trader tool in ThinkorSwim by adjusting the settings to include pre-market and after-hours trading. With the Active Trader, you can place trades using limit orders by clicking on the bid or ask columns in the ladder.

If you want to trade in the extended trading hours on ThinkorSwim, follow these steps to place orders effectively and take advantage of trading opportunities outside regular market hours.

Keywords

Pre-Market, After Hours, ThinkorSwim, Limit Order, Extended Session, Trading Opportunities

FAQ

1. Can I trade in the pre-market and after-hours on ThinkorSwim? Yes, you can trade in the pre-market and after-hours on ThinkorSwim between 7 A.M and 8 PM Eastern Time.

2. What type of order do I need to use for pre-market and after-hours trading? You need to use a limit order when trading in the pre-market and after hours on ThinkorSwim.

3. How do I set up orders for pre-market and after-hours trading on ThinkorSwim? To trade in the pre-market and after hours on ThinkorSwim, specify an exact price with a limit order and set the order for the extended session in the order ticket settings.