The Scalping Behavior Pattern tool is built for Thinkorswim desktop users who want to uncover and address a tendency for quick, high-exposure trades. Are you frequently entering and exiting large positions within minutes? This tool analyzes your trade history to reveal patterns of scalping, helping you improve discipline and manage risk.
This is not a technical charting tool. Instead, it focuses on your actual trading decisions—specifically, trades where you commit more than 30% of your available cash and close the position within 5 minutes. Use these insights to avoid impulsive trading and maintain a balanced approach.
For a complete view of your trading discipline, explore related tools like the Symbol Attachment Bias and the Low-Price Stock Pattern.
Ready to see if you have a scalping bias? Upload your Thinkorswim desktop trade files and let the Scalping Behavior Pattern tool analyze your trading history. For best results, review your patterns at the end of each trading day.
Answers to common questions about the Scalping Behavior Pattern tool for Thinkorswim desktop.
This tool analyzes your Thinkorswim desktop trade history to detect trades where you commit more than 30% of your available cash and close the position within 5 minutes, helping you spot and manage rapid trading patterns.
A scalping event is flagged when you open a position using more than 30% of your available cash and close it within 5 minutes. The tool reviews your trade history over a 90-day window.
Frequent scalping with large positions can increase risk and emotional stress. Recognizing this pattern helps you maintain discipline and avoid impulsive trading decisions.
The Scalping Behavior Pattern tool is currently available only for Thinkorswim desktop users.