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How to Turn Off Premarket on Thinkorswim

Learn how to disable premarket trading on the Thinkorswim platform and the benefits of doing so. Follow these steps to customize your trading experience.
2024-08-07 00:13:00share
pre market

Are you looking to fine-tune your trading strategy by turning off premarket trading on Thinkorswim? In the fast-paced world of trading, it's essential to have control over when and how you execute your trades. By disabling premarket trading, you can avoid the volatility and unpredictability of the early morning markets, giving you more control over your trading decisions.

Steps to Turn Off Premarket on Thinkorswim

To turn off premarket trading on Thinkorswim, follow these simple steps:

  1. Open the Thinkorswim platform and log in to your account.
  2. Click on the 'Setup' tab in the top right corner of the platform.
  3. Select 'Application Settings' from the dropdown menu.
  4. In the Application Settings window, navigate to the 'Startup' tab.
  5. Locate the 'Allow access to premarket and postmarket trading' option and uncheck the box.
  6. Click 'Apply' and then 'OK' to save your changes.

By following these steps, you can easily disable premarket trading on Thinkorswim and customize your trading experience to better suit your needs.

Benefits of Turning Off Premarket Trading

There are several benefits to turning off premarket trading on Thinkorswim:

  1. Reduced volatility: Premarket trading can be highly volatile and unpredictable, making it risky for inexperienced traders. By disabling premarket trading, you can avoid these risks and focus on more stable trading opportunities during regular market hours.
  2. Better control: By turning off premarket trading, you have more control over your trading decisions and can avoid impulsive trades based on early morning price fluctuations.
  3. Improved focus: Without the distraction of premarket trading, you can concentrate on analyzing market trends and making informed trading decisions during regular market hours.

In conclusion, by following the simple steps outlined above, you can turn off premarket trading on Thinkorswim and tailor your trading experience to better align with your trading strategy. Take control of your trades and optimize your trading performance by customizing your trading platform to suit your needs.

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