Boosting Thinkorswim Platform Performance

Jul 31, 2024

Increasing the Speed of Thinkorswim Platform

Introduction

  • Presenter: Josiah from easycators.com
  • Topic: Tips to increase the speed of the Thinkorswim platform
  • Context: Josiah experienced slow performance on the Mac version after a recent update
  • Goal: Share various methods to improve Thinkorswim's performance

Method 1: Collect Garbage

  • Navigate to the Help screen in Thinkorswim
  • Go to the System page and click 'Collect Garbage'
  • This clears memory and frees up space
  • It happens automatically but can be manually triggered
  • Not highly effective but worth trying

Method 2: Adjust Quote Speed

  • Suitable for swing traders and long-term investors
  • Common advice is to increase quote speed, but this uses more resources
  • Steps:
    • Go to Application Settings > System
    • Adjust quote speed (options: real-time, fast, moderate)
  • Reducing quote speed helps save system resources
  • Psychological benefit: Reduces emotional trading by avoiding constant quote updates

Method 3: Adjust Memory Settings

  • Restart Thinkorswim and go to the launch screen
  • Go to Settings > Memory Usage
  • Adjust minimum and maximum memory allotment
  • Example: 6000 MB = 6 GB
  • Set values based on your system's RAM (e.g., 8 GB RAM can allow 4-6 GB for Thinkorswim)

Method 4: General System Optimization

  • Ensure your system meets Thinkorswim's requirements
  • Upgrade system if needed
  • Conserve system resources:
    • Reduce the number of monitors or lower their resolution
    • Close unnecessary programs
    • Turn off unnecessary system features

Method 5: Clear User GUI Folder

  • Locate the Thinkorswim folder in Program Files (Windows) or Applications folder (Mac)
  • Find and delete the usergui folder
  • Backup the Thinkorswim folder before deleting
  • The folder will be rebuilt on the next launch, improving performance

Method 6: Modify thinkorswim.vmoptions File

  • Locate and open the thinkorswim.vmoptions file in a text editor
  • Copy and paste optimized settings
  • Example settings: min RAM 1024 MB, max RAM 2048 MB
  • Backup the Thinkorswim folder before making changes
  • Potential for performance improvement

Additional Tips

  • Upgrade internet speed (e.g., 100 Mbps fiber)
  • Regular system upgrades as needed

Conclusion

  • These tips aim to help improve Thinkorswim performance
  • Biggest impact observed from clearing the user GUI folder and upgrading internet speed
  • For more tips and feedback, visit easycators.com

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