Sliced bread has nothing on mytrade’s new trade sharing feature, thinkshare.

Here’s the basics:

First of all, you must be a thinkorswim client to take advantage of this feature. And you should be anyway, as they are the #1 broker, hands down.

Once inside thinkorswim, anytime you place a trade you can check a box that says “share on mytrade”. You can also put in a note about why you like the trade. Then when you send the trade for execution it is shared on mytrade’s thinkshare system.

Then anyone can view it, see the details (a more detailed ‘trade page’ is in the works) and even copy the trade.

With one click, the trade is copied, and with another it is pasted into the thinkorswim trade queue. There you can edit/analyze/execute the trade.

We just launched thinkshare yesterday and its a hit. We already have a ton of improvements lined up and in the works.  But please please let us know what other features you’d like to see.

Here’s a screenshot of all three functions: share, copy and paste…

Click here for our official release notes on thinkshare

  • landonswan
    Tarigal, Thanks for the feedback. I know what you mean. Sometimes you barely have time to click SEND, much less type a description of your thought process. We will be exploring the possibility of having the 'share on mytrade' box checked by default (if the user chooses this option) and allowing description editing once the trade is filled. There would need to be a time limit, say 5 minutes after being filled I think. One of our goals with trade sharing is to cut out all the noise and only show REAL trades. ie put your money where your mouth is :)

    Thanks for the suggestion. We'll certainly explore this option. Shift clicking and sharing shouldn't be mutually exclusive ;)
  • One improvement I saw was the ability to edit trade's descriptions. Sometimes I trade something and it has to be ordered NOW. It would be neat if there was an option that you could click within thinkorswim that would automatically send your trades to mytrade (filled trades only), and then later you could add a description if you wanted to. This would allow shift clicking trades, and means that when you are entering an order, you are not distracted by explaining the trade, and can focus on trading. I would definitely like to see some features like this
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