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How to Change Paper Trading Amount in Thinkorswim App

Thinkorswim AppSource: bing.com

If you are new to trading or simply want to test out new strategies, paper trading is an excellent option. Paper trading allows traders to simulate market conditions without risking real money. Thinkorswim app is a popular platform that offers paper trading. In this article, we will discuss how to change paper trading amount in Thinkorswim app.

Step 1: Log in to your Thinkorswim account

Thinkorswim LoginSource: bing.com

The first step is to log in to your Thinkorswim account. Open the Thinkorswim app and enter your username and password. If you don't have an account, you can create one by clicking on the "Register" button.

Step 2: Navigate to the "Paper Trading" tab

Thinkorswim Paper TradingSource: bing.com

Once you are logged in, navigate to the "Paper Trading" tab. You can find this tab at the top of the screen.

Step 3: Select the "Settings" icon

Thinkorswim SettingsSource: bing.com

Next, select the "Settings" icon. You can find this icon in the top right corner of the "Paper Trading" tab.

Step 4: Change the paper trading amount

Thinkorswim Change AmountSource: bing.com

Finally, change the paper trading amount. You can do this by selecting the "Amount" field and entering a new value. Once you have entered the new amount, click on the "Save" button.


Changing the paper trading amount in Thinkorswim app is a simple process. By following the steps outlined in this article, you can easily adjust the paper trading amount to fit your needs. Remember, paper trading is an excellent way to test out new strategies and gain valuable experience without risking real money.

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