Thinkorswim Futures Trading Quiz

What is paperMoney in the thinkorswim platform?

• A trading simulation with real money

• A futures contract

• A live trading account

• A trading simulation with virtual money

Which symbol is used to open a short position on the E-Mini S&P 500 Index futures?

• /ESZ24

• /ESH24

• /ESM24

• /ESU24

What does a negative contract quantity indicate in a futures order?

• A canceled order

• A pending order

• A short position

• A long position

What does the 'BP effect' represent in a futures order?

• The number of contracts traded

• The total profit from the trade

• The margin required to enter the position

• The total cost of the trade

How can you check if your order has been filled in the thinkorswim app?

• By reviewing the Cost of Trade

• By checking the Overview page

• By selecting the Orders menu and then Filled

• By looking at the Watchlists