Trading futures td ameritrade reddit That's the current average. has been acquired by Charles Schwab, and all accounts have been moved. Any help would be greatly appreciated! The unofficial subreddit for thinkorswim®. If you plan on trading futures options, etc. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Thinkorswim (ToS) is an advanced trading platform developed by TD Ameritrade and now offered by Charles Schwab. When I saw the green logos I felt as if my lost love came back only to realize it's a dream. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash The promise of integrating TD Ameritrade's API functionalities into Schwab was a pivotal reason for my decision to remain a loyal client. Reply reply More repliesMore replies colindapenis • I used TD Ameritrade's "Ondemand" feature and Active traders section to trade EUR/USD with this momentum scalping strategy with this trading bot using Nightshark: The unofficial subreddit for thinkorswim®. A single contract on MES returns $500/day, on ES $5000/day. Reply reply [deleted] • Comment deleted by user Trade notifications, meaning you get a message the moment a trade actually takes place on the exchange All this data for equities, but also for options, futures, and even futures options I've been with TD Ameritrade for many many years. Is this enough to trade futures? I know it is enough with options because I’ve done it before. Would I be able to day trade futures on td ameritrade with 1000$ in my account? I plan on trading the micro e-mini s&p500. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash The unofficial subreddit for thinkorswim®. And I was looking for the opportunity to use thinkorswim, because it is one of the most convenient terminals. It’s a go-to choice for active traders, and Schwab wisely retained it post-merger. So, gold could be going crazy at 2 am on Tuesday and you may need to talk to a broker right then. TD TOS is a good platform to analyze stocks and options trading. S. I could have a green day P&L but LOST account value. But I've had some issues recently and have been researching other brokers. Does anyone here use E-Trade? If so, what do you like/don't like about trading options with them? Thanks in advance. Customer service and their trade desk explained that it is a Schwab rule Not an exchange rule. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash New IRA account, labeled as professional trader, funded with >$200k and want to trade futures. Canadians interested in investing and looking at opportunities in the market besides being a potato. Additionally, their futures commissions are VERY high. Two questions: Does anyone have access to a better futures minute data that’s free or cost effective and does anyone know how to execute futures via API on TD Ameritrade? I’ve tried everything That is per side. With TD Ameritrade it doesn’t lower fees just by having PM. Scalping micros on TD is theoretically possible but probably not going to happen. I generally get my fills with very little slippage, but the fees are high. they are a great choice. While account has been approved for margin and options, rep indicated that Futures cannot be traded in IRA. Historical transactions on this website, the next gen platform, and TD Ameritrade Mobile app appear on the following business day, but you can track real-time activity on the thinkorswim Desktop platform. Are you still limited to only equities and options trading via their API? TD Ameritrade tax documents for futures & equity holdings I trade futures, equities and bonds on TDA. And if not on td ameritrade what other brokers would you recommend? Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. It turns out that you can't even trade spreads at schwab with less than $5K lol, even though their risk is very low since the liability is cash secured when we open the trade. This may be a different experience than you are used to, as TD Ameritrade offered Real-Time ACH funding which often allowed clients to trade marginable securities using cash from an ACH deposit that came in that same day. I’m similar. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Opened up a TD Ameritrade account JUST to take this trade on /ZB has a 50% win-rate and has been making me several thousand dollars a week with only one contract [explanation in comments]. Perform your best research, plan ahead, and then trade from the chart you love. r/FuturesTrading is a place to discuss futures, commodities, etc. Thinkorswim (ToS) is an advanced trading platform developed by TD Ameritrade and now offered by Charles Schwab. The trade desk said their intraday margin is 50% if you have a $15k account, so it’d be $7500 with a form to sign. I've recently downloaded the td ameritrade platform "Thinkorswim" just to check it out. Simple procedures are very complicted. Anyone else experience this issue with TDA? Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. Thinkorswim is owned by TD Ameritrade, which has recently been aquired by Charles Schwab. I agree that Thinkorswim is better for trading options. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash As mentioned in the title I got futures approval earlier today for TD Ameritrade/ToS and I had been preparing on how to trade futures for a while but one thing I significantly underestimated were the fees as I am practicing on the simulated trading and I am making profits just they get eaten up and I end up in a loss because of the trading fees. Share futures trading insight, tips, and your trades! Please don't trade futures anytime soon if you are asking this, no offense (you will need permission from TD as well). In my experience using PM, buying power reduction isn’t a factor anymore because I end up limited by the Short Unit Test instead. If your plan is to day trade, there are better options. However, when I go to TD Ameritrade's API page it says they are not allowing new users because of an ongoing Charles Schwab merger and the new API will not be available until well into 2023. First of all, it depends on which markets you want to trade. I’ve tried every other platform and nothing comes close to tos (TradingView is great, particularly for paper trading cryptos, but TV doesn’t support paper trading for options or futures). I primarily trade ES (accounts for 70% of my trades), GC, and NQ. com today informing me the TD statement can be viewed at Schwab. However, the prolonged timeline and the apparent lack of progress updates have led me to question the commitment to fulfilling this integration. I trade futures as well (E-Mini) and my round trip commission and fees are $7 per contract with TDA. It is widely regarded as one of the most feature-packed stock trading Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. The ATR on ES is just under 100. Anyone using Interactive Brokers and can describe their experience? are fees really as advertised? Do you see slippage? Are there any other data fees that are not posted? Wondering if IB is just a bait and switch. After years of development and testing, this comprehensive Thinkorswim review reveals why traders consider it essential. So, I’ve been trading in a simulated account from TD Ameritrade/thinkorswim for nearly a year. Are you able to use day trade margin and day trade micro e-mini contracts for $50 and e mini contracts for $500 as long as you close the position before 5pm? For day trading TD does not offer you a discount on margin requirements like other brokers may do. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash r/FuturesTrading is a place to discuss futures, commodities, etc. Got an email from TD Ameritrade client@notifications. Options trader here trying to learn more about the specifics on futures specifically with TD Ameritrade. 8k to trade ES, does that mean one needs to have ~7-8k to trade ES? The unofficial subreddit for thinkorswim®. TD is great for anything other than e mini futures. Micro contracts are already disadvantaged in terms of commission compared to the regular e-mini, and quadruply so on TD. From my research on this forum and r/FuturesTrading, I found that TD Ameritrade and Interactive Brokers have good free/cheap market data APIs. It doesn't seem like my futures P/L is included in the "Consolidated Form 1099". Also TD Ameritrade had one. I placed the extended hrs order at 4:01. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Currently use TD Ameritrade for trading futures. But it does let you sell many more contracts and eventually be able to negotiate lower fees. For $1000 I might look into tradeovate or trade station, I believe their margin requirements are lower, I think ikbr requirement for MES is $1000. That's for you to decide eg indicators, chart patterns , news , etc . They will go over tick value , contracts, margin etc None of these courses will tell you when to buy or sell exactly. firm in 2008. 65 fee/contract with TD adds up pretty quick. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. I only have around 7k to trade with at the moment. Has anyone had success negotiating their fees with customer service? The unofficial subreddit for thinkorswim®. ATM (automated trade management) strategies and the chart trader interface. Does choosing something like "TD Ameritrade" change anything about the platform or chart-trading abilities I've gotten used to on the Ninjatrader Demo? Does Dorman fall under "NinjaTrader Brokerage"? Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. Reply reply SirGlass •• Edited It expensive to support two trading platforms With TDA/Schwab you had 2 websites 2 Perhaps TD Canada would lose access to ToS because the new platform would only integrate with Schwab’s back office system and clearing house, and the agreement TD had with TD Ameritrade is no longer viable. Futures open at 5 pm Chicago time Sunday and trade 24/6 until 5 pm Chicago time Friday afternoon. The unofficial subreddit for thinkorswim®. I applied for futures trading for my account and was denied. I've been through several series on NT8. If you want to trade on international markets, Interactive Brokers is a good choice. Schwab will be introducing similar ACH functionality later in 2023. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Disastrous_Lime_05 Futures! Has anyone tried the new futures trading? It’s different from TOS on TD Ameritrade. Tasty trade was good at the basics . You can day trade futures contracts for as little as $50 per contract. Options trades should be last on the learning checklist due to their unpredictable volatility and complex Greeks. There is a lot of money in trading options onnthe seasonality on the “softs” but TD and neither does Schwab allow the options on them. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Great post, thanks. If you want to get started now, I see no reason you shouldn't go ahead and open a TD Ameritrade account now to use Thinkorswim. I have spent hours trying to find a concrete number for TD Ameritrade’s maintenance margin requirements. 65 per options trade and depending on who you talk to, you may be able to get that reduced or not. TD Futures Maintenance Margin Confusion I am looking to intraday swing trade (23 hour trade durations) with two contracts of /M2K and two contracts of /XC, totaling as four contracts with a total initial margin of around $2,400. Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. For someone in this position and wanting to begin trading, is this information still relevant to today's TD Ameritrade thinkorswim platform? Active Traders Beware! TD Ameritrade (now owned by Schwab) Will reject orders sent 5 min before open and 5 min after close! This is an arcane Schwab rule that is not at other brokers. That's a lot of ammo. Get a good SIM, put 5K in it and Thanks. And it is very convenient to share your settings with Does anyone else use the websocket? Does it ever fail on you? I’ve been trying to use the web socket to collect data to actively trade an algorithm I created but the socket always crashes randomly. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Its rarely used unless you trade dollar futures, certain odd currency pairs (that don’t include dollar), and commodities like Coffee, Coco, Oranges. TOS (TD Ameritrade “Think or Swim”) has the best platform for paper trading. To start your journey, explore relevant subreddits such as r/FuturesTrading and r/StockMarket, where traders from various backgrounds share market analyses, discuss trading strategies, and provide insights on futures contracts A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Share futures trading insight, tips, and your trades! Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. That gives you 100 bullets to trade with. Trade notifications, meaning you get a message the moment a trade actually takes place on the exchange All this data for equities, but also for options, futures, and even futures options I agree that Thinkorswim is better for trading options. Stocks, options, futures, bonds, currencies. But yeah, TD Ameritrade was bending me over a barrel on the Futures commissions. I see I need approval for upgraded options but I don't want to apply until I'm pretty confident I'll get approved so I can apply for Futures which is my main goal. Same concept as options long when going up short when going down haha I only need thinkorswim for technical analysis with real data. Initially from what I had read, TD Ameritrade was one of the better broker options for US citizens living abroad, but they don't appear to offer services to those of us living in Japan. To answer your question as fast as possible, futures are 23hr/5d contracts that require margin to use leverage. The secret: a second-to-none trove of educational content, technical resources (including the uber-advanced thinkorswim platform), and trading simulations designed to slowly, gently introduce novices to the rough-and-tumble world of futures trading. When you transition to Schwab, Thinkorswim will be there for you to use. I have $4k or so in a mess around account that got transferred from TD and logged in today to see no buying power available. A few months ago, I started focusing 100% on the /NQ. I have many ready-made scripts to search for stocks on the Internet. The download is free, the scanning, alerting, charting capabilities are top notch. Can you please tell me - does their API support futures (not futures options) trading yet? As of a year ago, it didn't and they hoped to incorporate that in a year or so. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash . Currently, the IBKR integration is limited to stocks and futures. I use 21, 34, 55, 89, and 200 for my futures trading, but I’d like to reduce my risk and trade stocks more. Currently you need a Schwab account and given I can't create a Schwab login until April 9, this basically means I have 30 days to transition my existing applications to Schwab. You can do wonders with a 5K futures account. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash TOS (TD Ameritrade “Think or Swim”) has the best platform for paper trading. Existing TD Ameritrade API endpoints, while currently still available, will be disabled after market close on May 10, 2024. For futures trading, I use Trading View for charts and Tastytrade. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash If you're trading Futures on a small account, you shouldn't use ThinkOrSwim To clarify I want to get into trading futures, only one MES contract for now, and have a TD Ameritrade account with $5000. In any case, it will be a sad day when I have to be forced to use another trading platform. . If you're thinking of scalping stocks, beware, the Schwab rule will screw Before being acquired by Charles Schwab, TD Ameritrade was an American online broker based in Omaha, Nebraska, that grew rapidly through acquisition to become the 746th-largest U. I like the TOS platform. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash I’ve never traded futures before but I have traded stocks and options a lot. Margins TD Ameritrade TDA requires an initial margin of 15. Any advice on getting approval for Futures trading? Necessary steps or profile settings needed? I have margin approval and part of tier two with covered calls. Can't find quick order unless I do extensive customization. That is per side. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Your curiosity and drive to learn about day trading are fantastic first steps! Starting with TD Ameritrade and its thinkorswim platform is indeed a reasonable choice due to its extensive suite of tools specifically geared towards traders. But, they charge 0. IBKR allows you to trade on 150 markets in 33 countries. If you fund your account, you get access to real time level 2 which can cost hundreds of dollars per month for a live subscription. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Newbie question on execution speeds. I received 2 1099s from them: one called "Consolidated Form 1099" and another called "Futures 1099B". Been doing a lot of researching the past few months about investments and trading and I wanted to see about finally dipping my toe in the water. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash I have been trading bitcoin with Bitfinex for 2 years now. I like their UI, their ability to click and drag to adjust bracket orders from the chart, and their customer service. I recently made a TD Ameritrade account and downloaded the Think Or Swim Client because I would like to switch to trading CME Bitcoin futures for the simple sake that I don't trust the crypto exchanges with a large sum of money. The unofficial subreddit for thinkorSwim. Definitely on the higher end, but I'm currently in the processing of switching over to Tradovate. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash What’s the best way to track things like my win % if I trade primarily futures and some options on TD Ameritrade (thinkorswim)? I tried Kinfo but it doesn’t pull any of my futures trades when it syncs with my account. thinkorswim® is owned by TD Ameritrade, which has recently been acquired by Charles Schwab. Thinkorswim offers me everything an advanced trader needs in a stock search and analysis platform. tdameritrade. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Practice getting consistently profitable on SPY or /ES futures first, and mess with options later once you’ve solidly studied market structure and/or volume profile trading. The leading community for cryptocurrency news, discussion, and analysis. Unless you have already passed the futures options at TD I would look elsewhere, their fees are also higher than almost everyone else as well. As my options trading has increased the past couple months, I find that, however profitable, the $0. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Futures are traded on margin. I paper traded 1 contract of NQ today and noticed that with barely any movement I was down $200 and up $500. I still do using Power E-Trade because of the ability to trade across multiple accounts. I had no interest (or experience) trading futures but when I got an email a few weeks back from TDA, I figured I'd apply - I thought it could help with reaching tier 3 for options which is what I really wanted. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Lady on the phone at TD Ameritrade said as long as I do not day-trade AFTER my account is below 25k I am good however I just wanted to make sure it isn't retroactive to the previous week. TD Ameritrade might be the most beginner-friendly futures trading platform on this list. TD Ameritrade, Inc. At Schwab, you get access to thinkorswim ® trading platforms and robust trading education, along with great service, a commitment to low costs, and a wide range of wealth management and investing solutions. Charles Schwab corp (NYSE: SCHW) is the owner of TD Ameritrade. Seems odd since TDA makes specific reference to futures in IRA on website and has published articles related to the benefits of, and requirements for. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Connect your TradingView account to your brokerage account and trade from our platform. There's is no PDT in futures. Services offered include common and preferred stocks, futures, ETFs, option trades, mutual funds, fixed income, margin lending, and cash Jan 5, 2024 · Discovering Futures Trading Communities on Reddit Reddit hosts a plethora of communities, known as subreddits, dedicated to financial markets, including futures trading. hfkvte swvw psagh oalyo tcbel vchb gpgjrnq mwgsj eyzk awjzl yhe sds yqs xmqhmjc prblp