Newbie Question - Chart

[emilhoeg]

Hi, I'm quite new to Ninjatrader and Trading stocks etc.
Newb Question INC.
Here is my question:

I have opened the "Chart Trader" inside NinjaTrader. I feel like the market is going high, I'm going to "Buy Market".
Now, let's say It says I'm around 1000$ in profit after a few minutes. How do I profit?
Like... I wan't to stop now and profit, how do I do that? Is there a manually button?

Thanks in advance lol =)

[NinjaTrader_PatrickG]

Hi Emilhoeg,

Thanks for the post.

If you were live trading in chart trader, you would flatten your position and profit by using the "Close" button. If you are in a long position you could instead use one of the "Sell" buttons. If you are in a short position, you could instead use one of the "Buy" buttons.

Alternatively, you could use an ATM strategy to set profit targets and stop losses to have additional control instead of closing your position manually. Here are some links with more info:

Help Guide: Advanced Trade Management

Webinar: ATM Level I

Webinar: ATM Level II