Risk Management

[juice]

Does anyone know if it's possible to program a loss limit in Ninja Trader?

I am a discretionary trader so I would enter positions manually but if I hit my loss limit Ninja Trader would flatten everything.

It looks like it may be possible to apply a ATS that would do this.

The only problem is I want to have the Unrealized P/L + the Realized P/L to be greater then the limit loss across all instruments and accounts I'm trading.

Is this possible?

[NinjaTrader_Ray]

Unfortunately this is not possible at this time.

[juice]

so.... what do you have in terms of risk management?

[NinjaTrader_Ray]

We have nothing that allows you at an account level to liquidate at predefined loss levels. We only have ATM strategies that auto submit protective orders on entry order fill.

[juice]

We have nothing that allows you at an account level to liquidate at predefined loss levels. We only have ATM strategies that auto submit protective orders on entry order fill.

Have you considered adding this functionality to Ninja Trader. Shouldn't be hard to implement.

What are the odds you get something like this going?

[NinjaTrader_Ray]

Yes, this is on our list of future possible feature enhancements.

[juice]

Yes, this is on our list of future possible feature enhancements.

So I guess I shouldn't hold my breath.