Premarket and Postmarket Stock Trading (Afterhours ) using ThinkorSwim by TD Ameritrade | How To

This video shows you how to enable after hours stock trading in the ThinkorSwim trading platform by TD Ameritrade. Many people don't know that TD Ameritrade allows it's customers to trade stocks during the pre-market and post-market sessions. This can be helpful if your need to close out a trade before or after market hours to lock in profits or minimize losses. Imagine how many people missed out on a ton of money during the recent WallStreetBets, GME (GameStop), AMC, BB, NOK, BBBY short squeeze events because they didn't close their positions earlier!

Pre-market trading with TD Ameritrade is allowed between 7:00AM - 9:30AM EST and Post-market trading is allowed from 4:00PM until 8:00PM, Monday-Friday. If you open a chart in ThinkorSwim and open the Active Trader tab on the right side, you can add a TIF selection that will allow you to place limit orders during either of those two sessions. This video explains how.

It is important to know that limit orders are the ONLY type of orders that are allowed during the premarket and postmarket sessions. Stop orders and Market orders of any type will not work so make sure you are familiar with the ins-and-outs of using limit orders.

It is also very important to be extra careful when trading during these sessions. Stock prices can rise and fall very quickly and you can easily get stuck on the wrong side of a trade. On the flip side, you can also take advantage of these quick price swings to make a fortune. Again, be careful!

I am only providing directions to enable the TIF "GTC_EXT" order type in the ThinkorSwim software. You assume full responsibility for the outcome of what happens due to your own trading decisions.

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Happy Trading,
Jason

Видео Premarket and Postmarket Stock Trading (Afterhours ) using ThinkorSwim by TD Ameritrade | How To канала Jason Bagnell