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Intro to thinkorswim® Tools Tab: thinkLog, Shared Items, and More

November 4, 2023
by
Charles Schwab
YouTube video player
Intro to thinkorswim® Tools Tab: thinkLog, Shared Items, and More

TL;DR

The Tools tab on thinkorswim® offers three subtabs: thinkLog for recording trades and observations, Videos for watching news clips, and Shared Items for sharing analyses with other users.

Transcript

The Tools tab allows you to record and journal trades and observations with thinkLog, watch news clips on Videos, and share trade analysis with other investors. Let's take a look at these tools. So beginning here on the home screen, we're going to navigate straight to the Tools tab. And we're going to see immediately three subtabs: thinkLog, Videos... Read More

Key Insights

  • 👀 The Tools tab on thinkorswim® provides convenient features for recording trades, watching news clips, and sharing analyses.
  • 👻 The thinkLog subtab allows users to create a searchable journal, helping them keep track of trading decisions and reasons.
  • 👤 The Videos subtab enables users to stay updated on stock-related news by accessing clips from CNBC and Reuters.

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Questions & Answers

Q: What is the purpose of the thinkLog in the Tools tab?

The thinkLog is a searchable journal that allows users to record trades and the reasons or observations behind them. It helps users keep track of their trading decisions and provides a comprehensive record for future reference.

Q: How can users watch news clips related to specific stocks?

Users can use the Videos function in the Tools tab to search for and view clips from CNBC and Reuters. By entering the stock symbol, users can access relevant videos to stay updated on recent developments.

Q: How can users share their chart analyses with others?

The Shared Items subtab allows users to share charts, scan queries, and other items with friends or other users. By clicking on the share function on a chart, a shareable link is created, which can be accessed in the Tools tab.

Q: Can shared items be updated or edited after they are shared?

Yes, users can update previously shared items by checking the "Update previously shared item" button. This allows for additional analysis or changes to be made to the shared items, which can be accessed using the shareable link.

Summary & Key Takeaways

  • The thinkLog subtab enables users to create a journal of trades and observations, including titles, labels, and descriptions.

  • The Videos subtab allows users to search and view CNBC and Reuters clips for stocks of interest.

  • The Shared Items subtab enables sharing of charts, scan queries, and other items with other users.


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