Daily stop loss

[arilano]

can any one give me some ideas how to implement a daily stop limit so my strategy just stops trading for the day if say the p&l is below -$2000

any ideas help would be greatly appreciated as i am a nub

Thanks
Arilano

[NinjaTrader_Ray]

This is best accomplished with NT 6.5 which is currently in beta and available for dowload in the NinjaTrader 6.5 section of this forum.

Please check out this reference sample for some ideas on how this can be done.

http://www.ninjatrader-support.com/vb/showthread.php?t=4084

[arilano]

thanks ray for a very quick and very useful response ive now got 6.5 and a working daily risk management system

Thanks again

[NinjaTrader_Ray]

Excellent, thanks for reporting back.