thinkorswim® paperMoney®: Options Trading Simulator Tutorial HD

Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document: https://bit.ly/2v9tH6D. Subscribe: http://bit.ly/SubscribeTDAmeritrade thinkorswim® is an industry-leading trading platform offering powerful trading tools, streaming real-time data, and powerful analytics. In this tutorial, we’ll demonstrate how to register for, download, and use thinkorswim® paperMoney® to practice options trading. 0:00 Overview 0:42 Downloading thinkorswim® and registering for paperMoney® 1:21 Logging in to paperMoney® 1:52 paperMoney® account types and balances 2:14 Adjusting cash balances in paperMoney® 2:44 Navigating the Option Chain 5:11 Buying a single option 7:20 Cancel and replace a working order 8:17 Monitoring orders and positions 9:08 Creating a vertical spread 11:01 Closing an options position 12:23 Using the Risk Profile 14:25 Introduction to Today’s Options Statistics 15:34 Adjusting a paperMoney® position 16:32 Resetting your paperMoney® account For more thinkorswim tutorials visit the thinkorswim Learning Center: tlc.thinkorswim.com Download thinkorswim® paperMoney: https://bit.ly/thinkorswimpapermoney Don’t have a TD Ameritrade account? Sign up for a free paperMoney® paper trading account: https://bit.ly/TOSPaperMoney To learn more about trading options, tune in weekly to the Getting Started with Options webcast for livestreamed interactive sessions with TD Ameritrade Education Coaches: https://bit.ly/GettingStartedWithOptions We post educational videos that bring investing and finance topics back down to earth weekly. Have a question or topic suggestion? Let us know. Connect with TD Ameritrade: Facebook: http://bit.ly/TDAmeritradeFacebook Twitter: http://bit.ly/TwitterTDAmeritrade Open an account with TD Ameritrade: http://bit.ly/SignUpTDAmeritrade