How to add a stop in basic entry

[boobooboo]

This is the easiest way for me to execute trades but I have to be at the screen as I haven't figured out how to add a stop (either at entry, or after I enter a position)

The support email didn't help -- could someone please help me out?

[NinjaTrader_Jason]

Hello boobooboo,

You can use an ATM strategy to automatically submit a stop loss order once your entry order fills. Make sure the ATM strategy is selected when you submit the entry order. You can define only a stop loss (and not a profit target) in the ATM strategy. For example:

• Set the 'ATM Strategy' field to Custom
• Enter a value in the 'Stop loss' field
• Click 'Save as Template' and name the template as you like
• Click Save-->OK

You can find more information on ATM strategies at the link below.

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?advanced_trade_management_atm.htm

You could also manually submit a stop market or stop limit order after you get into the position that will act as a stop loss.

I don't recommend to submit the stop market/stop limit order when the entry order did not fill yet. It could fill the stop market/stop limit order before your entry order fills, so you would be in a position at a price you did not intend.

[boobooboo]

Hello boobooboo,

You can use an ATM strategy to automatically submit a stop loss order once your entry order fills. Make sure the ATM strategy is selected when you submit the entry order. You can define only a stop loss (and not a profit target) in the ATM strategy. For example:

• Set the 'ATM Strategy' field to Custom
• Enter a value in the 'Stop loss' field
• Click 'Save as Template' and name the template as you like
• Click Save-->OK

You can find more information on ATM strategies at the link below.

https://ninjatrader.com/support/helpGuides/nt8/NT%20HelpGuide%20English.html?advanced_trade_management_atm.htm

You could also manually submit a stop market or stop limit order after you get into the position that will act as a stop loss.

I don't recommend to submit the stop market/stop limit order when the entry order did not fill yet. It could fill the stop market/stop limit order before your entry order fills, so you would be in a position at a price you did not intend.

Thank you - - could you show me where the option to set the ATM strategy field to custom is? I right clicked on basic entry, clicked properties, and do not see that option.

[NinjaTrader_Jason]

Please see the attached screenshot. Click the down arrow on the right in the ATM Strategy field. Subsequently you should be able to select Custom from the list that appears. This will open a new window to configure the ATM strategy.