This video explains how to convert a scan into a watchlist on the think or swim platform from TD Ameritrade. This can be useful if you want to limit your underlying stock or ETF decisions based on a smaller group of stocks that have certain guidelines in common, for example, average trading volume.
The video shows an average trading volume scan and how I converted it into a watchlist. Additionally, I show how to customize the columns on the watchlist.
I have found this is an easier process to find stocks of interest than to use the scan tab for my basic trading guidelines. This is the perfect way to find high IV rank stocks quickly. If a stock comes up as higher rank it moves up the page, whereas the scan requires a re-scan to get new stocks who have come in on the radar.
As usual, if you have any questions about this video or any of the others feel free to comment, or go to our website, www.selltheta.com, and start a discussion in our forms page.
Here is the video: https://youtu.be/v_CEE0BEQZk