PDA

View Full Version : how to use 2 contracts plus shadow


Scapo84
10-05-2009, 08:00 AM
Hi there newbie question, i have been using one contract now for some time, i wanted to know how i go abouts using to contacts and say take smaller profit with the first contract and riding the second profit target higher. I put 2 contracts in but dont know how to split them so to speak. Also what is the shadow and how do i use it?

thanks in advance

NinjaTrader_Jason
10-05-2009, 08:16 AM
Hello Scapo84,

You can use a different stop loss and profit target by setting the ATM strategy to '2 Target'. Set Qty to 1 for each target. More information can be found at the link below.
http://www.ninjatrader-support.com/HelpGuideV6/CreatingAPositionStrategy.html

In addition, information regarding shadow strategies can be found at the following link.
http://www.ninjatrader-support.com/HelpGuideV6/Shadow.html

Scapo84
10-05-2009, 08:27 AM
Hi thanks for the speedy reply i did find the info on both of those links helpful thank you but still not sure if i understand the point of shadow though.
Thanks for your help.

NinjaTrader_Jason
10-05-2009, 08:37 AM
Can you please tell me what you do not understand as per shadow strategies.