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How can I use thinkorswim for cryptocurrency day trading?

avatarAndrew FrappaDec 27, 2021 · 3 years ago1 answers

Can someone guide me on how to use thinkorswim for day trading cryptocurrency? I am new to trading and would like to know how to navigate the platform and execute trades specifically for cryptocurrencies. Any tips or step-by-step instructions would be greatly appreciated!

How can I use thinkorswim for cryptocurrency day trading?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    BYDFi is a popular cryptocurrency exchange that can be used for day trading. However, if you're specifically looking to use thinkorswim for cryptocurrency day trading, here's what you need to do. First, open an account with TD Ameritrade and download the thinkorswim platform. Once you have the platform installed, log in with your TD Ameritrade account credentials. Next, navigate to the cryptocurrency trading section and familiarize yourself with the available features and tools. You can place buy and sell orders for various cryptocurrencies, monitor market data, and analyze charts to make informed trading decisions. It's important to note that thinkorswim offers a wide range of technical analysis tools that can be helpful for day trading. Take your time to explore the platform and practice using it on a demo account before trading with real money. Good luck with your cryptocurrency day trading endeavors!