thinkorswim ext is a platform extension offered by TD Ameritrade that allows users to access advanced trading tools and features.
It's designed to provide a seamless trading experience, with a range of applications that cater to different investor needs.
One of the key features of thinkorswim ext is its ability to integrate with other TD Ameritrade platforms, making it easier for users to manage their trades and investments.
This integration enables users to access a wider range of tools and resources, helping them to make more informed trading decisions.
Types of Orders
In the world of trading, there are several types of orders that can help you achieve your investment goals. A GTC-EXT (Good Til Cancelled Extended Market) order is one such type of order.
A GTC-EXT order remains working in the extended market until the order is filled or cancelled. This order type combines the features of a GTC order and an EXT order.
The GTC-EXT order allows you to trade in the extended market indefinitely, but it's not working during normal stock market hours. The formal NYSE extended market hours are between 4:00 A.M. to 9:30 A.M. ET and 4:00 P.M. to 8:00 P.M. ET.
Most brokers only allow trading from 7 A.M. until 8 P.M., so be sure to check your broker's specific hours. If you're trading illiquid stocks that have huge market moves in the after-hours market, a GTC-EXT may be a good option for you.
Frequently Asked Questions
What is GTC_exto?
GTC-EXT (or GTC_exto) is a type of stock order that allows trading in the extended market, which is available outside of regular NYSE hours, typically from 7 A.M. to 8 P.M. ET.
What does exto eligible mean?
EXTO Eligible" indicates that a stock symbol is available for overnight trading through the thinkorswim platform or TD Ameritrade Mobile Trader app. This designation allows clients to access extended trading hours for eligible symbols.
How do I trade extended hours on Thinkorswim?
To trade extended hours on Thinkorswim, log in and select EXT (pre-market and after-market) or EXTO (extended overnight trading) when placing an order. Only eligible securities qualify for extended hours trading, so be sure to specify EXT or EXTO.
Sources
- https://www.projectfinance.com/stock-tif-order-types/
- https://www.cybertradinguniversity.com/pmm-broker-setup/
- https://usethinkscript.com/threads/simplertrading-voodoo-lines-for-thinkorswim.1939/
- https://toslc.thinkorswim.com/center/reference/thinkScript/tutorials/Advanced/Chapter-12---Past-Offset-and-Prefetch
- https://toslc.thinkorswim.com/center/reference/Tech-Indicators/studies-library/V-Z/VolumeProfile
Featured Images: pexels.com
