Trading Tools
Learn about specialized tools traders may use to make trading decisions.
Using Bookmap on thinkorswim®
Bookmap is a charting application available on thinkorswim that offers visual insight into real-time market data. Traders can use it to better visualize supply, demand, and volume.
3 Strength Indicators for Assessing Stock Momentum
Deciding if a trend is forming—and how strong it might be—can make or break a trade. Here are three strength indicators technical traders use to assess a stock's momentum.
Charting Seasonality in thinkorswim® desktop
Identifying market or stock patterns can help inform trades. Here's how traders create seasonality charts with thinkorswim® desktop.
3 Smart Skills for Informed Trading
Trading involves multiple skills, and traders can potentially improve their trading acumen—and potentially their results—by following these tips that may be associated with more balanced returns.
The Average True Range Indicator and Volatility
The Average True Range indicator can help traders analyze volatility, place stops and limits, and manage position size.
5 Types of Alerts on the thinkorswim® Platform
Schwab's thinkorswim® trading platform offers a wealth of alerts to help you keep tabs on your trades and the market. Here's how to use them as your virtual trading assistant.
Analyze Vertical Spreads with the Risk Profile Tool
Learn how to set up and analyze an options spread using the Risk Profile tool on the thinkorswim platform for more complex trades like vertical spreads.
Time Travel: Choosing Stock Chart Time Frames
Long-term investors tend to focus on daily stock charts to help with decisions, while active traders often focus on more detailed charts. Why not try both?
Using thinkorswim® to Find Long-Term Holdings
The thinkorswim® platform has plenty of useful features for long-term investors. Here we break down how to use the Stock Hacker to find long-term candidates for your portfolio.