How to reset paper trading Thinkorswim

How to reset paper trading Thinkorswim:

To reset paper trading in Thinkorswim, you can follow these steps:

1. Open up the Thinkorswim platform and log in to your paper trading account.

2. Click on the "Setup" drop-down menu in the top right corner of the platform and select "Application Settings."

3. In the Application Settings window, go to the "Paper Trading" tab.

4. Click on the "Reset Account" button at the bottom of the window.

5. A pop-up window will appear, asking you to confirm the reset. Click on "OK" to proceed.

6. Once you confirm the reset, Thinkorswim will close and reopen, and your paper trading account will be reset to its default settings. This will include resetting your cash balance, resetting any open positions, and resetting any customized settings or workspace layouts.

Note that resetting your paper trading account will wipe out all data associated with it, so make sure to save any important data before resetting. Also, it's important to note that resetting your paper trading account will not affect your real-money trading account.