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1) How long have you been using ThinkOrSwim?
1 year
2) What are your favorite features of ThinkOrSwim?
Free
3) What are some must-have deal breaker features in ThinkOrSwim that you could not do without? Benzinga squak box for free, able to link charts on seperate computers.
4) Do you use ThinkOrSwim in simulation mode only, or do you place live trades with it?
use is for live trading but not as my platform. charts only
5) Are you a discretionary trader or an algorithmic trader? How does ThinkOrSwim help you with this?
both
6) How easy/hard was it for you to learn to use ThinkOrSwim?
still learning, but there are tons of materials to help.
7) How do you rate ThinkOrSwim's customer service/support, assuming you have needed to use it?
4/5
8) Do you believe ThinkOrSwim is competitively priced?
free? YES! (I dont use it as my platform)
9) How do you rate the community support that exists for ThinkOrSwim?
4/5
I downloaded the NinjaTrader8 demo this weekend. After 10 hours with it, I decided its not for me and I'll stay with the swimmers. My simple strategies don't require the complex tools that the NinjaTrader offers, and I saw that it would require more complexity in setup and in the day-to-day operation. NT8 sports accurate volume profile and I could have looked at 2y old intraday charts, but I can live without those. NT8 has some interesting looking order ticket tools, but I couldn't find a basic 1st triggers OCO, which is very accessible in thinkorswim's DOM and chart trading tools.
I don't use indicators or scripts, so I can't compare those. I pretty much use volume and drawings only and the NT8's drawing tools require approx 3x the clicks for routine drawing work. The toolbox for any one particular drawing type is just smaller. Even the "Stay in Drawing Mode" function required clicks between drawings just to get back into drawing mode. Thinkorswim lets you crank them out quickly and the right-click menu features all the tools needed to make changes.
Also, the data problems that I've complained about in previous years have become rare events. However, the cheesy volume profile continues to disappoint daily.
Thinkorswim offers an enormous amount of information for free. Imo everyone should have an account, even if unfunded. You get news, a polished platform, great customer service(this may change with the recent commission changes), straightforward coding, huge indicator database, free accurate level 2, backtesting(albeit average but still). I've tested nearly every platform and TOS is still in the top 5%, even though most of the others are not free.
1) How long have you been using ThinkOrSwim?
Seven years
2) What are your favorite features of ThinkOrSwim?
Thinkscript, which allows for custom indicators
3) What are some must-have deal breaker features in ThinkOrSwim that you could not do without?
Charting and think script
4) Do you use ThinkOrSwim in simulation mode only, or do you place live trades with it?
Live trades
5) Are you a discretionary trader or an algorithmic trader? How does ThinkOrSwim help you with this?
Discretionary
6) How easy/hard was it for you to learn to use ThinkOrSwim?
Easy to learn
7) How do you rate ThinkOrSwim's customer service/support, assuming you have needed to use it?
Very good
8) Do you believe ThinkOrSwim is competitively priced?
Yes, it is free
9) How do you rate the community support that exists for ThinkOrSwim?
Very good
1) How long have you been using ThinkOrSwim?
4+ years
2) What are your favorite features of ThinkOrSwim?
I use TOS for charting. I trade using Tradovate b/c the fees are infinitely better.
Thinkscript and indicators are excellent.
3) What are some must-have deal breaker features in ThinkOrSwim that you could not do without?
Well, what the deal breaker for me (in terms of not actually trading there any more) was that
in early 2020 the chart would freeze for minutes at a time during the open period.
To answer the opposite though: "What features do I wish worked well?" OnDemand
It is a brilliant replay tool... if it only worked. Very buggy.
4) Do you use ThinkOrSwim in simulation mode only, or do you place live trades with it?
Live account... but just for charting. No trading.
5) Are you a discretionary trader or an algorithmic trader? How does ThinkOrSwim help you with this?
Discretionary. I must say that TOS's DOM (Active Trader), Time & Sales and Level II are excellent.
6) How easy/hard was it for you to learn to use ThinkOrSwim?
Pretty easy. Learning thinkscript was a bit more challenging. But thanks to
usethinkscript.com it has become a lot easier to learn.
7) How do you rate ThinkOrSwim's customer service/support, assuming you have needed to use it?
Excellent.
8) Do you believe ThinkOrSwim is competitively priced?
For futures, way too expensive.
9) How do you rate the community support that exists for ThinkOrSwim?
As I said, I frequent usethinkscript.com and it is an excellent resource.