Enhance Trading Workflow With thinkorswim® desktop

From 🅐 Charts, enter a ticker symbol to load the stock chart.

In the right vertical menu, click 🅑 Active Trader (AT) to reveal the tool panel.

The 🅒 buttons at the top allow traders to immediately send an order. The default options include:

• Buy MKT: Adds a buying order at the market price.
• Sell MKT: Adds a selling order at the market price.
• Cancel: Provides options to cancel all working orders, cancel all buy orders, or cancel all sell orders.
• Reverse: Flips existing position from long to short, or vice versa.
• Flatten: Cancels all working orders and closes any open position for the current symbol.

Traders can add, remove, or reorder the buttons by clicking the 🅓 gear icon to open the Customize window. Choices include 🅔 Buy Ask, Buy Bid, Sell Ask, Sell Bid, and more.

Enter an 🅕 order quantity or select a default amount to quickly set an order size. (If quantities aren't visible, click the ∨ icon next to Buy MKT to reveal them.) Click the gear icon to set up to 10 custom order quantities.

The default 🅖 order template is Single, which submits an isolated order. Other templates include:

• OCO: Shorthand for "one cancels other," this places two separate entry orders above and below the market price; once one order is triggered, the other is killed.
• TRG w/ bracket: Shorthand for "trigger with bracket," this submits profit-target and stop-loss orders simultaneously with an entry order.
• TRG w/ 2 brackets: Splits an order into two separate tranches, letting traders set two distinct profit targets and stop losses.
• TRG w/ 3 brackets: Splits an order into three separate tranches, allowing traders to scale out of a trade with three different profit targets and stop losses.

The 🅗 Price Ladder displays a running list of real-time bid/ask prices. Traders can immediately place an order at the selected quantity and template by clicking the exact price cell in the 🅘 Bid Size or Ask Size column.

By default, the thinkorswim app requires traders to review and confirm every trade via an 🅙 Order Confirmation Dialog pop-up. Checking the 🅚 auto send box completely removes this buffer—a single click on a 🅒 button or 🅘 the Bid Size or Ask Size column will then instantly transmit an order straight to the market.