1 Thing You Might Be Doing Wrong If You Use ThinkOrSwim

In this video I'm explaining the difference between LIFO and FIFO with TD Ameritrade as well as the ThinkOrSwim trading platform. I'm also giving you a live example from my personal account so you get a better understanding on how this affects your stock market trading profits. Cheers!

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LIFO vs. FIFO Article:


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DISCLAIMER: This channel 'Taking Trades', my trades, strategies, and news coverage are based on my opinions alone and are only for entertainment purposes. You should not take any of this information as guidance for buying or selling any type of investment, ETF/ETN or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades should not be based on the opinions of others but by your own research and due diligence. Please consult with your financial professional for your financial advice. I am not liable for any loss that you may experience from watching these videos.

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