If you currently have a paper trading account with ThinkorSwim and want to reset your paper money balance, here's how to do it.
Note: When resetting your ThinkorSwim paper money account, the balance will reset to its default value, which should be $100,000.
Image credit: Tola Seng.
- Select your paper trading account from the dropdown menu in ThinkorSwim.
- Go to Monitor > Activity and Positions > Position Statement.
- Locate the following button Adjust Account and click on it.
- The Account Adjustments window will appear.
- From this window, you can select between "Set Account Cash to:" or Reset All Balances and Positions
- Pick one and then click Apply.
Note: When resetting your ThinkorSwim paper money account, the balance will reset to its default value, which should be $100,000.
Image credit: Tola Seng.
