Getting Started Scanning Stocks: Everything ThinkorSwim

[@GarenPhillips]

Attention: There is a guy trying to scam people on my comments by giving you a fake email that is not mine. I do not give out my personal email or business out freely. You can communicate with me via my instagram which is linked in the video description. Do not email anyone from my comment section.

[@jamaalmurdaugh4427]

Im using the paper trading scanner and there is no % change gainer option when i click to the right of watchlist..what should i do?

[@insurancecasino5790]

Start trading live and I may show you how to create a gimp stock. This will improve your percentages as high as 90%. It uses options, but it's cool man. The options will help you trade other stocks with little to no risk. Peace out.

[@gsus723]

i read that i need...The NYSE/NASD requires stock "pattern" day traders to have a minimum equity of $25,000. does this mean i need to own at least $25,000 in stocks in order to fucking trade?

[@andrewjoyce7374]

Alberto Rosas, it means you can only do 3 day trades in a 5 day period. You can trade. You just can't buy and sell on the same day multiple times a week.

[@luismvsilva]

this guy is seriously good at teaching

[@jkk20]

why do you say that???

[@francesco-mx7pq]

and most importantly seems honest and genuine

[@3DCHome]

I love how candid your videos are it’s amazing I feel like I’ve learned a lot more than I do from the guys who are talking about their Lamborghinis

[@coldsteel3332]

Your video got me started down the path of learning day trading back in September. Had my first 10k day today. Thanks

[@BlkInc1]

are you staring with paper money or real money?

[@RikkusguardianLanif]

Nicely done! I'm curious as well, however, is this real money, or did you mean through ThinkorSwim's simulated trading?

[@GarenPhillips]

Nice, what's your favorite patterns?

[@mannysingh1297]

Coldsteel333 are you serious no

[@RKarmaKill]

Coldsteel333 Your epic comment made me start down the path also. I just had my first 100,000k day. Thanks

[@teria1261]

Alright, just finished you video. I like both the tech and the science. Have no questions as of yet. Going to rewatch and do a little research. Thanks for not forgetting us noobs!

[@anthonycocker208]

I have seen so many videos on day trading hundreds to be honest , garen you really have a good way of teaching . you brake things down proper , thanks Anthony .

[@bradnobl]

@garen phillips Brother 5 mins in I thought " You are the f******g MAN!" I've been looking for the right video to get me started on T&S. Sooo many people god-bless-em skip over the small details, mouse skipping all over the place. You delivery is on point. Go ahead Professor

[@johnkrueger9829]

Garen: I really appreciate you taking the time to make your videos. I dig both the technical and psychological aspects. Thank you for doing what you do!

[@UnrecycleRubdish]

I like the style of this video in that you are not lecturing as a teacher but more casually explaining your own experiences and learnings throughout the process in your own words. Almost seems as if you are learning how to put the concepts to words for the first time, which makes it relatable to beginners. Thanks for sharing your experiences with us. It's pretty inspiring and not only am I getting motivated to trade but to also create a video series as well.

[@brandonrayy679]

Hey bro just wanna say thanks. You translate trading into English and its seamless. Please keep uploading you're pretty much the only guy I can understand lol

[@marshallcrawford5671]

Awesome teaching, thank you!! Unfortunately i didn't have the "Public percent gain change" option, any advice anyone?

[@chaos_connections9057]

The best video out there on learning to use Thinkorswim. Thank you for the excellent tutorial and for not spending 1/3 of the video trying to sell me something.

[@lightnbreezy]

Hi - I have wanted to learn ThinkorSwim for several year's and it surely looks complicated but as you have shown, not impossible. Just retired and now have time and looks to me like your the right guy to learn it from. I'll keep in touch from time to time. I have three new priorities; learning to invest, learn to play the piano and travel this beautiful spaceship Earth.

[@timwoodin1184]

"What do you like?" I personally like your modular approach. Setup. Software. Scanning. Psychology. References . It is great that all along the path...you have changed your mind on some things, changed your approach, adjusted your psychology, and we get to watch and follow you on the path. Really and truly you are a great example of a Scout ! Yes, the landscape already exists, but you are at the front of the expedition..leading the way. Temporary pitfalls and all! thanks trail blazer !

[@jordanfisher8384]

Since I became addicted to trading about a week ago, I've watched hundreds of videos, read 3 books and countless group threads. I've also set up my accounts and have been testing what I learn with small share buys. This video is exactly what I needed from start to finish! Thank you so much. I knew enough to keep up but learned so much stuff that I will be rewatching a few times I'm sure. I love your approach on technical and psychology, as an alcoholic in recovery I understood exactly what your talking about and love learning about. . Again thank you so much.

[@jonathonlove9597]

Jordan Fisher I’ve been addicted myself for about a month. Why didn’t I learn this years ago right? Haha thought I was the only weird one as obsessed with stocks.

[@denny.wanderer]

me too! How profitable has it been to you guys so far?

[@eveinhergarden]

Rewatching this: I like how you do not use oscillators but find it impt to understand them. I agree and am reading on Investopedia right now. Ive just finished a swing trading course based on straight price action (not alot of indicator/oscillator use) and your top down, pragmatic approach mirrors the guys at Mastertrader. If not perfectly in pace at least not at odds--so you are someone whose videos I can enjoy and add to the paradigm Im working! Thank you! Your videos are Super clear--and Fun actually! Easy to understand, creating satisfaction and learning-- enjoyable for humans.

[@joe_g4079]

I started out learning about the stock market from your first stock vid awhile ago, I've join Ricky's TechBuds program a few weeks ago and had a few questions still. This video made it clear for me. Just wanted to thank you for playing a huge part in my success. Keep up the good shit man

[@bigben6327]

Thank you for the simple and clear explanations. I was watching so many videos on youtube, but your videos are the most helpful so i was able to make several pages of notes.

[@blazegarcia5607]

You are so much more too the point than than almost all other video makers. I appreciate it very much.

[@kinzotx]

Best at teaching in the whole trading com. All these other vids are guys waffling about how their life is insane coz of trading, or the title is “for beginners” but they use all the most complex terms to explain. Good shit man best out here !

[@bobking682]

This fell into my laps. I just started the TOS prgm and was cross eyed and puckered....now seeing straight and clear. Thanks Garen.

[@dielawn2723]

Great video man! Finally someone who just gets right down to it, and actually explains what it is that we searched for, instead of giving 30 minute intro on life story, how you started trading, where to word “stock” comes from, difference between green and red, basic algebra etc lmao. Solid info man, this was exactly what I was looking for. TOS can be a bit intimidating to set up and this was perfect explanation. Thumbs up

[@perryra1968]

Thank you for taking the time to do this....and not charging. Your videos are EXTREMELY helpful to a newbie like me and it's highly appreciated. Please keep up the good work!

[@ricorico7092]

Hi - to access your toolbar a lot faster than rather than having it on top of charts...(if you are using a regular pc mouse) just click on the "middle wheel" or "scrolling wheel". Thanks Garen

[@MinhPham-tj6zo]

yr psychology is really really impressive. Please make more of this talk because we all easily learn from ur knowledge. Thanks

[@JDCUSA]

You are doing a great service here, Garen and the education and information you are providing for new stock traders is very much appreciated! Thank you!

[@dwightk.schruteiii8454]

As an ME student, I really appreciate your teaching style.

[@silentagnostic7891]

You can "bypass" the limitation of not being able to find low float tickers by creating your own watchlist of low-float tickers and scanning against that. I scrape a few sites and pull the list together every few weeks, and pull out certain things I don't like, such as "5-cent tick" stocks, or in some cases, I remove OTCs, depending on what I'm trying to scan for.

[@GarenPhillips]

ScrawnyB that's a really good idea, thx

[@iansivyer8662]

Great shout.

[@HEADSPACEnTIMING]

I sat and watched this whole video, you are a wonderful speaker and so honest. I look forward to watching your success grow. keep up great work!

[@danielzimmerman5039]

Garen, I have been trading for a little over 2 years and I am currently self educating on Day Trading/Momentum trading. I enjoy your videos even though I may not be trading exactly as you are. Consider more updates, your doing a great job!

[@michaelmcdaniel2742]

Just downloaded the software and this is by far the most beneficial video that I have seen about how to properly use it. Thank you so much!!

[@strungoutny]

So since I finally got ToS I finally was able to watch this video and make sense of it. Thank you for the much needed help! Now back to my continued studies. Hope to hear you tomorrow in the chat as it was super dead today! LOL.

[@thenathanwade]

love your stuff. I like both sides and how you explain it in detail. I think being organized and very in depth about what you are talking about is great. thank you its very helpful

[@terancea5100]

One of the best Videos out there, had one problem after adding trendline I wasn't able to draw the line just keep Highlighting Grey. Keep um coming

[@josephthurston3308]

I liked both sides of the video. Made using think or swim much easier than other people did in there videos thanks for your time

[@kauapereiralima4949]

For accurate trading strategy and signals, add forextradercoach on telegram to start making profits and payout daily.

[@okiijin]

Dude... you are awesome for doing this video. thinkorswim is hell for beginners to learn.

[@GorillaMoonGod]

Garen, you rock bro! You have truly motivated me and I've got TOS all set up from you video. The only thing I did was figure out how to change buying power so it would be more realistic for me. Thank you for putting in the time to teach the masses!

[@kam9491]

in response to your question, i do like the technical side/psychology behind certain things, it helps cement the learning. fantastic video, i love how you bring in your personal experiences into it too and draw from those triumphs/mistakes and the other resources that you have used on your journey, i will defo check those out too. thanks

[@alext5445]

Welcome back. your past videos have been a great help for me, made my first 1k last month. Thnx and happy holidays to you Garen

[@thomascarniglia148]

Most helpful video by far on trading and how to use the platform thikorswim!!! KEEP IT UP!

[@JosephVogel-joseph-vogel]

So far most valuable video I found on day trading... Thank you

[@gillean2]

Excellent video, the last part was really a important caveat and strategy. The other technical parts were excellent step by step directions.

[@exdividend7168]

Hi, you can get real time data simply by ..upper right corner “setup” - Application settings - General - System - Quoted Speed - And choose “real time no delay “ Hope this helps . Didnt need to contact them but still helps . Great video btw.

[@LocalChannelTrading]

if you want high quality info check out my community channel

[@eyeservantez]

Yea man your video got me started too. when you explained the difference between Fundamental and Analytical I took all those patterns and studied all of them. I haven't started paper trading yet because I've been studying indicators and scanners but I'm getting way more confident and understanding the all the terms now.

[@LocalChannelTrading]

Congrats! Goodluck on your journey!

[@thesagarmatha]

The video of yours has been very helpful to understand this platform as well as the technical analysis. Really appreciate for your hard work.

[@capie44]

Does anyone know PDT Rule applies in 24 hours from each trade (Buy at 3:45 & sell at 9:45 = two different days) -- or 3 trades per five day trading (Thursday through Wednesday) - or is it just a simple week of M - F?

[@crossbass7]

Totally dig your style, informative, you speak quickly and to the point. Thanks for clarifying a ton of questions I had about TOS. A good mix of technical and psychological. Just subscribed.

[@dixionrwakasyaguri6047]

Your "Getting Started Scanning Stocks" video was very educational.

[@tkbrashear6461]

Oh my goodness!!! I am only 5 minutes in and I am so, so thankful for this video!!! I am new to all this and setting up my thinkorswim has scared me to death and I sure didn't know how to do ANY of this!! Thanks!!!

[@wulphstein]

This video is making it possible for me to understand how to actually jump in! Thank you!!!!!

[@sigberg3311]

Best video I found so far explaining TS Platform. Thanks so much.

[@MUZSIKMAN]

I loved it. It was very detailed. I had to stop the video multiple times to copy the actions, and I thought sometimes you went too fast. But, it was a long video; so I understand. I learned a lot. Ty!

[@umesregmi]

Green Phillips you are great start . Your videos are more of lessons and detail. I live them. If you have better software you can certainly do way better than many experienced traders. Hope to see your more videos

[@johnconley3931]

4:21 into it I don see the choice for % change gainers as an option for me

[@masonbusbee9579]

Great video man, really appreciate the perspective and clarity. I would love to continue to see videos like this and your strategy. This has been very helpfull

[@jacoblidster8134]

Watched the video, great setup on multiple windows and linking. I set it up over the weekend and tried it today 3/11/19. 6% gain on a low volume stock. I will highly recommend this video. Thanks. TiGar

[@jasontaylor2237]

thanks to Mr Phillips I had my first 20k week....your videos are the SHT keep up the great work brotha! oh yeah that was on the shawt side

[@Noxtreme]

There is a ridiculous amount of great information in this video. Thank you so much. My last day at my 8 year corporate job is MONDAY. I have been studying and practicing steadily for 2 years and now I'm taking a leap to try and trade full time. Terrified but that is probably a good thing. I like the scanner set ups and how/when you use them. I like the longer trade plan based on stocks that hit the scanners and perform in a certain way. I like the blunt (don't trade this when your new) More then happy to avoid these until I understand them better. I like the tips for what to look for (20 and 50 squeeze through the 200) - Could be a big opportunity I like hearing about the chat rooms but I would much rather learn then pay for calls. I like the detail (paper trading can not filter on studies, TOS does not have float, Trade Ideas is better for day traders then what TOS offers) I don't like hearing that you need to go to your job because I am about to make this my job and what I'm leaving behind was very "profitable." This video was also longer then it needed to be but thats ok. Time stamps links would be nice.

[@CT-we2xx]

Noxtreme what’s your update?

[@Noxtreme]

@@CT-we2xx HEY. Thanks for asking. I'll give the short version but if you have more questions feel free to ask. Money wise I went up the first month and then lost all that profit plus a little more on one trade earlier this week. Up 520 then lost 680 or something like that. I got over confident and went in too heavy on a stock position. Also market bought and sold a low float stock which is not a good idea so slippage/lag added quite a bit to that loss. I have been doing side hustle work 1 day a week to pad my expenses. Manual labor is great for clearing your head and exercise. Month 1 I was very close to breaking even for expenses vs income if you included the side work and trading gains but I am not pulling out my trading gains because growing the accounts without dropping new money in is the goal. I had several bits of lagging income from my job so bank accounts were net positive. The loss a few days back shook me emotionally which is absolutely going to be a part of trading for a living. I exited when I should and avoided a much larger loss so I am happy about that. Not doing that reks so many traders and I am proud to say that I pretty much have this part of trading etched into me. "Live to trade another day." I currently have a 46% accuracy rate and $143 profit average over 37 stock trades but the profit is a bit skued because of one big nflx swing trade I made in 17. I have been much higher accuracy in Crypto but I have not found a platform for getting metrics on this. I just know I'm making more with a much smaller account and much higher accuracy there. I am also trading this more frequently. Education wise I have been heavily focused on improving my stock trading. I have my think or swim set up very nice for me and I have a hodge podge of different strategies in my brain that all have a TA foundation. I'm using bits and pieces of all of them. My TA is on point and always improving. I mean it when I say my TA is on point. I feel even better about that now then I did while I was still working. I have thousands of hours into learning this over the years and I can look at a chart and have a near immediate sense of where its going and what my risk would be if I'm wrong. Biggest struggle right now is to boost my accuracy of TA on very shorter term trades. My accuracy on swings is much better then my accuracy on really short term trades (morning scalps) but I want to decrease my risk exposure while increasing my profits. This is my key focus at this time because I think this is where the magic happens. There is a lot of opportunity cost in taking swing trades and if you are wrong then you have lost rev on top of missed opportunity. I have been thinking I might want to take some swings though just to put more money to work since a good chunk of my stock account is usually just sitting in cash. Emotions are a big deal in trading but an even bigger deal when trading is you main focus. I was not able to shake off losing last months gains overnight earlier this week but I am finding the 1 day a week of side work very helpful to reset myself. This is getting a bit long but I have to add that I have enjoyed everyday since I officially made this leap. I am happier and it shows. My enjoyment/happiness is rubbing off on most of the people around me as well. I have more energy and very little fear/dred at this point in my journey. I still feel confident that I have made the right choice.

[@eveinhergarden]

Garen, this is a great video! I love the mix of meta and technical detail!

[@2fab774]

Great video and info. I also liked the day trading related psychology part of it and the examples to easily relate. The pace and details are good and easy to follow and understand. to follow. I will watch this video at least once more before I save it. Thank you very much and keep the videos coming. 👍

[@np18]

I know you stated in a previous video this channel will not become a channel on trading, but I honestly look forward to your videos. I am new to trading and I find that people who have been doing this awhile and make these videos tend to leave a lot of information out and assume you have some general knowledge of trading. Before I start paying a mentor for help, I would like to have some general knowledge of what I am getting myself into. Your information is clear and easily understood. Thank you for sharing your vlogs are appreciated.

[@momothebestgreat79]

no-one should give you a dislike because you're the best

[@chrischitwood1108]

no matter what people tell you your videos make sense and they are appreciated. I'm just like you meaning I dissect, learn, understand and move forward. Have you done any paid classes through these online gurus?

[@ryanjohnson3928]

Thanks for sharing! I have watch 2 of your videos already since I have started day trading. I wanted to know how to setup up my charts and scanners and you made it easy on Think or Swim. Thank you!

[@pellmannbrandon]

How did you zoom out @14:10 without clicking the zoom button. Is there a shortcut?

[@josebreton8789]

Really good video really easy to understand easy to learn keep going bro one of the best stock educational in youtube

[@akinplus1]

YOU BACK!! Another well done video

[@bernardogodor164]

Kinzo Jones Do you do stock options?

[@MaximusPham]

Great video Garen, I'll be sure to watch all your videos. The mix of technical, psychology, and other aspects of trading you cover are helpful.

[@tdot321action4]

Thanks G for the insight. Came from Warrior Trading (Great) ... but I'm learning more here. Learning until I'm ready to jump in.

[@TheCurlytop67]

i love the Myelin Sheath footnote!(Lesson)! fucking epic Probably one of the best thinkorswim breakdowns because not even the company itself has something like this.

[@Ced334]

One the best video on trading I’ve seen so far. Thanks 💯

[@kingcesar4272]

love everything about your videos I think I can just keep on listening to you as long as you keep on talking love it

[@Scrillazay]

i love your vids bro. i use Ichimoku. should i get rid of it and use moving averages?

[@benschumacher9439]

Good demonstration. Would love to see and hear more about what to look for in certain circumstances. What are those patterns that we need to be able to identify?

[@marialucot3967]

your videos are great! you explain everything really well and give examples when needed to explain something that is needed to be understand easier. about all the indicators like rsi, vwap ect and all those trend lines how to draw them ect. i think you should make videos explaining in detail how to use them, what the purpose for them are ect. ive done my own research about them but not a lot of people explain things really well like you do, so i think that would be something beneficial for other newbies too.

[@Rivveneyes]

great video man u can share alot of info and i can still keep up because u dont over complicate every thing but you still hit all the important point..and the lesson at the end of video

[@catllionare]

This is one of the best videos I came across to learn. Thank you so much!

[@alohaparsons3328]

I agree.. i am practicing now.

[@mcentirejerry]

Thanks for the video, It has been a big help getting set up. I watched others on setting up thinkorswim and still wasn't sure what to do.

[@ImWickedRey]

Awesome video, been learning for about 3 weeks now and this video is one of the most informative things I have watched so far. I have a lot of Tim Sykes videos that I have been watching and about to start How to Make Millions!

[@thenoblenudge]

For all who are asking about the % Change Gainer watchlist. It’s only available on the live trading side NOT the paper trading side. You have to have a TD Ameritrade acct to get the live trading

[@title5guy116]

Awsome. Thank you very much. Awaiting funding on TOS and this video has really saved me an amazing amount of time.

[@jeffgov9477]

Im a swing / trend trader still new ,but thank you all good information keep it going

[@jordanmorales4818]

watched this one start to finish. really great video and super informative. thanks bud.

[@DK-vh5kt]

Thanks Garen, great video, simple and clear explanation.

[@jankrizek5562]

That video was unreal !!. Learned tons of stuff. Especially the psychology content was really well done. Thanks.

[@stevejovanovic3733]

This is a superb and very useful video. Thanks for posting a screen shot of the configurations of your scanners to find different types of stock candidates to trade. In one of your most recent videos, you said that you lost all of your capital. It sounds like you were significantly underfunded, and that commissions and small losses slowly eroded the capital. Don't be afraid to put $5k or preferably $10k into your brokerage and chase small percentage gains, but avoid penny stocks at all costs. Those incur unnecessary risks. I suspect that as an engineer, you're going to do very well. Don't worry about losses. Focus on limiting them through aggressive risk management, and on making gains that are greater than any of the losses.

[@LocalChannelTrading]

glad you found this video useful, for high quality info check out my community channel!

[@calmguy.4659]

HI Garen. I'm sort of stuck at the 4:19 mark where it shows the icon % to F. I can't find it on my PaperMoney account. Any help is appreciated!

[@kabralarmah4720]

neither could i

[@truckinglife19]

Thanks for the videos you’re really down to earth and easy to learn from,thanks for helping others I’ll be watching you’re channel and waiting for you’re new videos,have a good day

[@IrtafaOsman]

Hi Garen! There is no link symbol in watch list section. How can I link the watch list to charts without it? Is there a way to setup the link symbol to the watch list?

[@manpreetsingh83]

All I want to say is thank you! I wanted to learn to trade and you gave me first hand experience.

[@YogeshPatel-le1es]

Dude your videos are helping me out so much to learn how to trade

[@lanegrow6001]

This video is awesome.....the way you explain things is really understandable. I'm following you!

[@alanhoffman3623]

A very good video. Thank you! I enjoy the entire mix it all ties together.

[@OptionsTradingChannel]

At 16:30 you mentioned that "wish you could see the intraday so you can tell us more about it".......You CAN see premarket, intraday, and after hours trading...not sure what you were trying to get at?

[@EddieCSilva-nl9xo]

these are amazing vids. forst video ive watched by someone teaching stocks thats longer than 30mins and i could continue watching lol

[@MagicMilo344]

Keep the videos coming! Easy to understand and to the point.

[@awesomo8527]

You can get rid of the upper on lower bands on the vwap. Edit the vwap and untick the boxes. Zero need to have them messing up your charts.

[@ashalimindset]

@ 4:20 my think or swim software doesnt give the option of % change gainers is there anything else you can do to pair the charts with the scanners

[@Lumpymann]

Ash Ali same for me

[@mohamedabdulkadir1265]

Have you got answer

[@le3d0]

You rock dude! Slightly old but still super relevant!

[@johnfisher4910]

Great content, thanks so much for putting this together! You asked about technical vs psychology mix - I like what you did here, 75% technical and 25% psychological. It's important to consider both. Thanks again and keep up the good work! PS - I'm really following your lead here. You seem to be the most trustworthy and intelligent person I"ve come across w/r/t trading.

[@LocalChannelTrading]

I think the percentages are the other way around.. personally.