Build and manage trades from a mobile order ticket
thinkorswim brings order creation and position management into a mobile workflow for stocks, options, futures, and forex. Traders can move from a quote or watchlist to an order ticket, choose an action and quantity, and review the details before submitting. Advanced orders can include conditions, giving experienced users more control than a basic buy-or-sell screen.
After an order is created, the app supports tracking and modifying open orders, saved orders, and current positions. Account balances and position details stay available in the same workspace, which helps users respond to changing markets without returning to a desktop. Product availability and trading approval still depend on the user's Schwab account and eligibility.
Analyze price action with charts, studies, and events
Interactive charts are central to the thinkorswim mobile experience. Users can inspect price and volume history, apply chart studies, add drawings, and use touch gestures to move through different time periods. Drawings can sync with other thinkorswim platforms, allowing an idea marked on mobile to remain part of a broader research workflow.
Company and economic events can be overlaid on charts to add context around past and upcoming market activity. Quotes, company profiles, and watchlists provide additional ways to compare symbols before opening a trade ticket. These tools suit users who prefer technical analysis and want a compact view of market context while monitoring positions away from their main workstation.
Rehearse strategies with paperMoney market simulation
paperMoney gives users a simulated environment for exploring trading ideas with hypothetical funds and live market data. It can be used to learn how the platform behaves, practice moving through order controls, and see how a strategy would respond as prices change. Because the activity is simulated, it does not place a live trade or put actual account funds at risk.
The practice environment is useful for trying unfamiliar order types, comparing possible entries, or building confidence before using a funded account. Results remain educational rather than predictive: simulated fills, costs, and performance can differ from live execution. Users should treat paperMoney as a rehearsal space and evaluate real trading risks separately.
Track watchlists, alerts, education, and market coverage
Watchlists and alerts help users organize symbols that matter to them and return quickly when market conditions change. Existing watchlists can be reviewed and modified from mobile, while alerts provide a practical way to follow selected price activity without continuously watching a chart. Saved orders also support preparing an idea for later review rather than acting immediately.
Beyond trading controls, the app includes educational videos and live market programming from Schwab Network and CNBC. Live support chat can connect eligible users with a trading specialist during support hours, and screen sharing may help explain an issue without leaving the app. Together, these resources support research, learning, and account follow-up in one mobile setting.
