What suggestions do you have for staying informed when I’m away from my portfolio?
Umm, away from your portfolio? Thanks to mobile, your portfolio now fits in your pocket. It’s on your bedside table. It even goes on vacation with you. So that’s your first tip: install our thinkorswim® Mobile app on your phone. It’s available on both Android and iOS.
But now there’s more. Our development efforts are focused on making sure that you are always plugged into what you really care about. And rather than seeking it out, it should be pushed out to you. Like Facebook. If someone posts a picture of me, I want to be notified. Because if I don’t look pretty in that picture, I’m totally taking it down. (Which is why there aren’t many pictures of me on Facebook.) I digress.
Tech should simplify your life so that you have more time to do the things in your life that really matter. Along that same vein, in our most recent release on thinkorswim®, we added a new capability which we are calling Time and Event alerts—letting you set alerts on virtually anything on the thinkorswim calendar.
Maybe your portfolio is a little heavy in housing. Now you can set an alert for when the Mortgage Bankers Mortgage Applications number comes out. Or the Pending Home Sales Index update. And not only can you receive that alert on thinkorswim, but it can also be sent via text or push notification to your phone or Apple Watch.
In addition, you can receive alerts for any ticker that you care about. Those alerts can be for news stories, earnings announcement, dividend announcements, etc.
What tools do you have to help me analyze my trading performance?
Obviously, I’d start with that little number in the upper left hand quarter of the platform that says Net Liq. Hopefully that’s up from where you started the year — and not because you made your IRA contribution.
Spoiler Alert: Later this year, we’re releasing a host of new features designed to help you understand your successes and opportunities in trading. But for now, we recently integrated Trade History on Charts—allowing you to look at all of your buy and sell executions plotted along a historical price chart. Chartists are raving about this feature because it allows them to see if they were true to the signals that got them in their trades. To enable this feature within your thinkorswim Chart, click on the Style, then Settings. From the Chart Settings window remain on the General tab and check the Show Trades box.