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Managing Multiple Contracts
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Managing Multiple Contracts
Hi All - I am new to Ninja Trader and I hope have a simple question, I'm using the simulation and do the following : Buy 1 contract at x price, then later on in the session Buy another contract so now I have 2 active contracts. What I want to do next is to Sell one of the contracts and keep the other one running. When I have tried this in the platform I don't see an option to sell the just one and it ends up closing both positions. What am I missing?. Thanks in advance. StuartTags: None
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Hello,
Thank you for your post.
You can't have multiple positions open on the same instrument in the same account; any open position on one instrument is just a single open position on that instrument, even if you entered into it with multiple contracts at different prices.
If you want to scale out of the position rather than close it all at once then you simply submit an offsetting order on the other side of the market for the number of contracts you want to reduce the position by.
For example, if you're 2 long in ES, you can submit a 1 short order to reduce the position to 1 long.
If you have further questions, please email us form the NinjaTrader platform (Help-> Email Support), so we can receive your log and trace files as well.
Thank you!
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