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Strategy purchasing 100 shares, only want to purchase 1

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    Strategy purchasing 100 shares, only want to purchase 1

    Hello, I am new to ninja trader and writing a strategy to trade SMA but on my backtests I see I am purchasing 100 shares @ whatever price and want to change the amount of shares purchased per trade. I am using interactive brokers TWS paper trading if that changes anything. Thanks for the help.

    #2
    Hello DylanH, thanks for writing in and welcome to the NinjaTrader forum.

    If you are using the Strategy Analyzer, change "Set order quantity" to "Default Quantity" and select 1 for the value. Please confirm with your broker what the minimum lot size for stocks is, I believe it is typically a minimum of 100 shares per trade but I have not confirmed this.

    Best regards,
    -ChrisL

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      #3
      Thank you, the set order quantity worked, I will also confirm with my broker what the minimum lot size is.

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