In today’s video we’ll learn how to set up ThinkorSwim for futures trading. We’ll also cover how to place futures trades, find initial margin requirements and a few of the basics around futures trading.
Timestamps
0:00 Intro
0:42 Setting up Futures Trader
3:17 Initial Margin Requirements
5:16 Adding a Custom Script for Tick Size
7:05 Placing Futures Trades
8:56 Trading Futures with Active Trader
16:25 Saving Grids
17:46 Creating Futures Watchlist
Before you can place your first futures trade you’ll need to make sure you have the necessary approvals. To apply for futures trading you need to first have a margin enabled and have options spread approval on the account. Once approved make sure you fully understand the risks before jumping into futures trading. These are highly leveraged products that can have some incredibly volatility.
Throughout this video we’ll dive deep into the platform and customize it for futures trading. We’ll be doing most of this on the Futures Trader but it could just as easily be applied to the charts, flexible grid, or any other tab. We’ll also cover how you can find the initial margin requirements for each individual futures contracts and go through a few examples of placing trades.
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