The NinjaTrader application was initially developed to semi-automate the tedious and often error prone task of trade management using our Advanced Trade Management (ATM) features.

So what exactly is “semi-automated trade management”? Specifically, once a trade is entered and a position is created most traders will add two pending orders that “bracket” and “protect” the open position. One order minimizes loss known as the stop loss order and the other order protects profits known as your profit target order.

These orders “protect” a trader by providing known upside and downside for any given trade. However, these pending orders need to be managed to ensure that a trade completes as desired. The benefits of automating this aspect of your trading with NinjaTrader ATM versus trying to do so manually include:

• Immediate and accurate stop loss & profit target order
  submission on position creation
• Fast and accurate stop loss order modification as the trade progresses
• If position size is increased (scaling in) or decreased (scaling out),
  protective order quantities are automatically modified to be in sync
  with the new position size
• Assurance any remaining pending orders are cancelled so you
  are completely flat when the trade completes
• The confidence to know your trade is protected and working so
  you can focus your attention on finding and executing additional
  trading opportunities to maximize your daily trading potential

It is a proven physiological fact that as stress and emotions increase your ability to think with clarity starts to diminish, and that is why NinjaTrader is an invaluable trading tool. NinjaTrader automates this critical aspect of your trading so your trades are managed more efficiently, allowing you to concentrate on obtaining you trading goals instead of order mechanics.