How to Reset Paper Trading Thinkorswim App
Introduction
Thinkorswim is a powerful trading platform that allows you to paper trade stocks, options, futures, and forex markets. It is designed for both novice and experienced traders who want to test their strategies before investing real money. However, sometimes you may encounter issues with the app, such as freezing, crashing, or not updating data. In such cases, resetting the app may help to solve the problem. In this article, we will show you how to reset paper trading Thinkorswim app and get it back to its default settings.
Step-by-Step Guide
Step 1: Close Thinkorswim App
The first step is to close the Thinkorswim app if it is currently running. To do that, click on the X icon in the top right corner of the app window or use the Alt+F4 shortcut on your keyboard. Make sure that the app is completely closed before proceeding to the next step.
Step 2: Delete Cache Folder
The next step is to delete the cache folder of Thinkorswim app. This folder contains temporary files that may cause issues with the app. To find the cache folder, go to the following directory on your computer:
C:\Users\[YourUserName]\AppData\Roaming\thinkorswim
Replace [YourUserName] with your actual Windows username. Once you are in the thinkorswim folder, locate and delete the cache folder. You can also rename it to something else if you want to keep a backup.
Step 3: Reset User Profile
The third step is to reset your user profile in Thinkorswim app. This will delete all your saved settings and preferences, such as watchlists, charts, and indicators. To do that, go to the following directory on your computer:
C:\Users\[YourUserName]\AppData\Local\thinkorswim
Again, replace [YourUserName] with your actual Windows username. Once you are in the thinkorswim folder, locate and delete the following files:
- usergui.properties
- workspace.prop
- workspace.xml
These files contain your user profile data, and deleting them will reset the app to its default settings.
Step 4: Reinstall Thinkorswim App
If the above steps did not solve the issue, you can try to reinstall Thinkorswim app. To do that, go to the official website of Thinkorswim and download the latest version of the app. Then, install it on your computer and run it.
Conclusion
Resetting paper trading Thinkorswim app can help to solve various issues with the app, such as freezing, crashing, or not updating data. The above steps provide a simple and effective way to reset the app to its default settings. If you encounter any issues, you can contact the Thinkorswim support team for assistance.
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