Trading On The Go Tips - Das Trader and Thinkorswim.
On Monday, December 2, I was in San Antonio for a wedding. On the way out I made a stop at a restaurant for breakfast and decided to check out the stock market and see if I could trade on the go on my laptop since I had Das Trader installed. Guess what, I haven’t opened it on my laptop in months. My watchlist was outdated, so I didn’t know what to look for. The Friday list of active stocks was saved in Das at home on my PC, and I didn’t have any of this information with me. I did my own research on the spot and I got some leads from my buddy Carl. But I ended up not trading since I didn’t see any great setups. I drove home, opened Das Trader, and saw that HEPA had a first red day after moving up for several days in a row. If I was home, I would’ve definitely seen this setup, traded it (I typically sell short), and made a nice return. I described this situation to my buddy Brian Lee (check out his interview if you haven’t yet), and he laughed at me. He said that I should’ve used the Thinkorswim app. I actually use it, but I just didn’t think of uploading my watchlist into the app before leaving for the trip. So now I’ll be using Thinkorswim for charts and Das for execution even though I prefer sticking to just one platform. I also made a trade later in the day on Roku. It was a good setup, paired with some negative news for the company it was a great short sell. I made a 2.5-3R return on it and was quite happy to see how it turned out. Watch the video to see the full trade recap!