To see what you are writing properly in terminal you will need additional enable the Local Echo.
After Clicking on options a new window will open, Scan for ports using button “ReScan Serial Ports” once you get the COM port set the: Now open the CoolTerm Applications by clicking on its icon and then go to Connection menu -> Opitons. Drag the CoolTermMac folder from Downloads folder to Applications folder and CoolTerm icon will appear on the Launchpad automatically.