This has been a recurring problem for me the past couple of weeks, and has me at my wit’s end. When I enter a symbol, I get a screen that says “waiting for data”, and it takes a LOOOONG time to pull up the chart, sometimes over a minute. I have spoken to several different TOS tech support reps, and have tried a number of proposed solutions, none of which have worked:
-Deleted and re-installed TOS.
-Reset my workspace and rebuilt it from scratch.
-Run a speed test (87.94 down, 11.71 up).
-Checked for “traceroute” issues with my internet. None found.
-Increased TOS memory usage to 512 x 2048 MB.
I am on an iMac with 8GB of memory, and my OS is fully up-to-date. I also close TOS every night and restart a new session each morning. I’m experiencing no issues whatsoever with any other program on my computer.
The problem is most pronounced right after the open and for the first hour of trading, gradually subsides later in the day, then crops up again near the close. That initially made me think it was an issue TOS’s servers getting overloaded during the most active hours, but since I’m not seeing anyone else reporting the issue, I guess it has something to do with my workspace. I’ve attached a screenshot so you can see my layout. As you can see, it’s pretty basic, but maybe some of the more seasoned eyes out there can spot something.
Has anyone else ever experienced this problem? And/or, any proposed solutions not listed above? A big part of my strategy involves buying stocks near the open, so this issue has caused me to miss out on many a trade.
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I had the similar problem in the Windows PC but the problem was due to high ping from the internet and restarting a router solves my problem when this happens. Based on Pete's solution I learnt that I need to have Java installed which I don't have it too. I was wondering that Java is required in Windows PC.
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Just wanted to follow up with the solution here in case anyone ever encounters a similar problem. After weeks of back-and-forth with TOS reps and getting nowhere, I ended up figuring it out by myself. The lag was caused by my having the “adjust for dividends” box in my chart settings set to “All”.
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Only three things left I can think of. However I will say the most likely culprit is the data feed from the Thinkorswim servers. They are very well known to be heavily impacted by high market volume. Which is the norm during market open and close.
That’s all I’ve got. I can certainly attest to the fact that Thinkorswim has a problem during high market volume. Always has. And I expect it always will. If this problem is preventing you from being a profitable trader you should consider moving to a more advanced trading platform. Most will require Windows to run. But you can run that via Bootcamp or via a Virtual Machine. (I personally use Parallels for my VM). Works excellent and I use it to run TradeStation and Sierra Chart. Hope I was able to provide some help.
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Thanks so much for the prompt and detailed response. Taking your suggestions in order:
1. Okay, I will test this out tomorrow during opening hours and report back.
2. Interestingly, I don’t see the Java icon in my System Preferences. I did a search in Finder and can see the .jar files, but don’t see an actual program icon anywhere that will let me check which version I’m running.
3. I never installed any antivirus software, and to my knowledge my iMac didn’t come pre-installed with any as a standard feature.
I have considered getting a Windows emulator for the purpose of testing Windows TOS in case the issue is specific to the Mac version. If that doesn’t work I suppose I’ll have no choice but to move to a different trading platform as you suggested.
Following up… Tried creating a one-symbol watchlist per Suggestion 1, and the problem persisted, unfortunately. You mentioned that you had experienced problems with TOS during high market volume. Had you seen this particular issue? The TOS reps, who even remoted into my computer, freely acknowledged that the slowness I was experiencing was unusual, especially an a persistent, everyday occurrence. Would you happen to know another way I could check which Java version I have? It doesn’t show up in my System Preferences. A Finder search yields multiple .jar files, but no file for the program itself. Thank you
If the Java icon does not appear in System Preferences it means you do not have it installed on your computer. I was not aware that Thinkorswim could even run without having Java installed. I don’t even know how they could do that. But your computer is proof that it is possible. I suggest you contact Thinkorswim support again and ask them.
If you need to install Java, you can go to http://www.java.com and download it.
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Fantastic. So glad there was a solution and that you found the answer. And thanks for taking the time to come back and explain what you found. No doubt this will help many others experiencing this issue!