FAQ - Monitor
How can I customize the columns on the monitor tab/position statement?
To customize the columns on your Position Statement, click on the “Gear” icon above the far-right column that you see in that section (it will be either “Margin Req” or “BP Effect” depending on your settings). If you do not see the gear, you are likely on the “Old Layout” – click the menu button at the upper right of the position statement and select “New Layout” in the drop down menu. The gear will then appear. Once you have clicked on that gear, you will see a pop up window labeled “Columns of group (group name)”. From here, you can select any available criteria as a column header, put them in the desired order, then click “OK” to apply the changes.
How do I add money or reset my PaperMoney account?
To reset your PaperMoney account back to its default values, you would first need to select the an account from the account drop down at the upper left of the thinkorswim software (it can't be on TOTAL ALL ACCOUNTS). Once an account is selected go to Monitor>Activity and Positions>Position Statement. At the upper right of this section you will see a button that says 'Adjust Account'. Click it and a window will appear where you can either set the account cash or, check the box to 'Reset All Balances and Positions'. Check this box and select Apply, then confirm, and all of your positions will be reset to zero and your account net liquidation value will be set back to $100,000.
To remove a single position from your PaperMoney account, right-click on that position in the Position Statement and select "Adjust Position" on the drop-down menu. Click this, and on the menu that then appears enter the number of shares/contracts you would like to remove and the cost per unit that you would like to pay/receive. Click "OK" and you're all set.
How can I setup my positions in custom groups?
To setup a group in the "Position Statement", first ensure you have a specific account selected in the account drop down at the upper left of the thinkorswim platform, as you cannot create a group while on "<TOTAL> (ALL ACCOUNTS)". Once this is done, go to Monitor>Activity and Positions>Position Statement. Here, RIGHT click on any position and select Move to group>Add group... A pop up will appear where you can enter in a name for the group. Type the name into the provided field and click "OK".
A new group will appear in the position statement with the chosen name and position. To continue adding to the new group, RIGHT click on any positons and select "Move to group" and choose the group name from the drop down menu.
To move, rename, or delete a group, click the menu button at the upper right of the group you want to modify. In the drop down menu, select "Move up" or "Move down", "Rename group...", or "Delete group".
If you decide you want to hide the groups, you can click the menu button at the upper right of the "Position Statement" and in the drop down uncheck the box next to "Show groups". To turn the grouping back on, simply check the box again.
If you decide you no longer want to continue grouping, you can reset to the default groups by clicking the menu button at the upper right of the "Position Statement" and select "Reset groups" in the drop down menu.
How can I arrange my positions on the Position Statement?
You can arrange your positions by creating custom subgroups or you may instead choose to arrange them by group, instrument, trade time, order or a particular type of option strategy/product. Simply go to the upper right hand corner of the "Position Statement" and click the menu button to reveal the drop down to view the available actions.
Where do I go to beta-weight my portfolio?
Go to Monitor>Activity and Positions>Position Statement and check the box next to ‘Beta-Weighting’ in the upper left-corner. You can then enter any symbol you wish to use.
How do I change the BP Effect column to show only the margin requirement?
Go to the upper right-corner of the platform and select Setup>Application Settings>General>Positions and click the drop down box next to ‘Position Margin/BP Effect’ and select ‘MARGIN REQ.’
How can I view P/L Percent or P/L Year on my Position Statement?
Go to the upper right-corner of the thinkorswim® platform and select Setup>Application Settings>General>Positions and click the drop down box next to ‘Position P/L layout’ to select the layout you wish to use.
On my current positions, is there an easy way to view my purchase price and purchase date?
Yes, you can do this by expanding your position on the Monitor>Activity and Positions tab. Then, click on the quantity and a box populates that shows you the trade date as well as the purchase price.
Why do my positions have a purchase price of $0.00?
We may need to update your cost basis if this is the case. Please email email@example.com so that we can rectify this for you.
How do I view previous trades?
Navigate to the Monitor>Account Statement tab. You can then change the dates viewed at the upper left to your desired time frame. Then, expand the “Trade History” section or the “Cash & Sweep Vehicle” section to view your previous transactions.
My position has fractional shares, how do I sell these?
To liquidate your fractional shares, simply enter an order to close all of the full shares and the fractional shares will liquidate on market close. For example, if you have 25.65 shares, enter an order to sell 25 full shares and the .65 will liquidate when the market closes.
How is Profit/Loss (P/L) Open value calculated?
A position’s P/L Open is the difference between its net liquidation value and either execution price or cost basis multiplied by the position size. Cost basis values are provided by Gainskeeper® and include the effects of commissions and tax elections.
By default, P/L Open calculation is based on the execution price. To change the calculation mode, navigate to Setup -> Application Settings -> General -> Calculations.
Note: For newly opened positions, cost basis is replaced by the execution price until its actual value is collected from Gainskeeper®. Gainskeeper data is updated nightly.
TD Ameritrade and Wolters Kluwer Financial Services, Inc. are separate, unaffiliated companies and are not responsible for each other's policies and services. GainsKeeper is a registered trademark of Wolters Kluwer Financial Services, Inc.
How do I assign a lot-specific trade (tax lot)?
It is not possible to assign a specific lot for your trade on the thinkorswim platform. thinkorswim will only display FIFO (First-in, First-out) logic when taking off existing positions. You are able to assign tax lots on the TD Ameritrade website however.
To assign a specific lot for your trade, login to www.tdameritrade.com, then go to My Account > Gain/Loss > Unsettled Closed Positions and make your selection by 11:59 p.m. ET on the settlement date. Click the arrow located on the line for the relevant position and follow the instructions.
Note: Your default method is the only tax-lot identification method available on mobile devices at this time. To select a tax-lot identification method other than your default, enter your order on this website or contact us.