Starting to Trade with NinjaTrader Automated Strategies

OK, I signed up for a monthly subscription. So how does this change  support? Can it be interactive? How is that done? I live in PST.

(California USA), which is 8 hours from London time zone. 

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Hi 

Thank you for your custom.  

Currently i am in the Manila Timezone and 12hours head of EST so you will get me in the pre market to midday EST and then from 10PMEST onwards...

So you got great priority Support provided via the help desk for normal questions and answers etc

http://www.microtrends.co/support

You have live trading access for the MT indicators and more in depth support for MTDS -
so we can provide answers and settings for your trading plans and you can trade live ...
settings templates, videos also...

START:!

Ok so lets start with trying to match you to a premise and methodology:

What instruments are you trading?

E.G. popular futures contracts

CL
ES
NQ
YM
TF
ZB
ZS

What is your trading style?
Scalper, Trend, mean reversion - mixture of both
What is your trading schedules?
Days and times and timezone
8.AM EST to 12EST for example

Positions: 1 bracket for a target and 1 to run for example
How many lots - 1 per bracket

how many trades per day..
what can you afford to risk per day if for example you lost 33% of all days for 20 days trading?
What drawdown can you afford?
3K, 5K, 15K, 50?
What can you stick with with win ratios % 30, 40,50,60,65?

Trading Pyschology...
Can you lose a trade without freaking out and pulling the plug?
Can you let a winner run?
Do you move the stops out and cut the winners
Can you watch a system win and lose for 1 month in realtime withouth gettitng bored?
Are you in a great hurry to makes riches?
Are your expectations real or destined to make you fail....

Can you work like a profressional or will you try this and try and keep it in your head???
can you backtest and research and stick with a test plan to test say 4 instruments
with 1 system setup in 4 different ways... to show you info in backtest and realtime trading
can you take the data weekly and store and arrange it in excel reports for each system dataseries ansd settings
can you investigate and understand wha days and conditions pre session and pre trade make the trade a winner...
ranges/ seasonals. days of week, weeks of month, month of year - Price analysis and trend on higher time frames

CAn you use sim robots runnig 24/7 to show you stats to assist with your realtime trading models?

Modes of Operation
1. Manual order entry + auto trade management
2. Fully auto entry+ auto trade management
3. Fully auto entry - but with discretion when to pause/allow trading + auto trade management

No: 3 is the most successful model used by day trading commercials - hence the NinjaBuddy lets you do this

So things to think about there..

Nuts and bolts the actual usage of software
Can you stop/start NT and strategies
Resolve stuck orders and positions
use segrated sim accounts for sim realtime trading to seperate stats and ssytems?

have you set up NT for auto trading
https://microtrends.zendesk.com/entries/65133859-Prepare-NinjaTrader-7-for-AutoTrading
Have you got data... you need years of data...
www.CQGdatafatory.com or www.tickdata.com for example.

Please let us know your route you are going down...
To start with an open range breakout/session open breakout in todays markets - large volatile ranges with trending follow thought might be an easy place to start - as it minimizes your requirements for trading schedule/ hours and also the number of trades... and the notion of trying to get all the reversals.... 3 things that ruin most accounts

so this video is potentially a good place to start
http://screencast.com/t/zoChDYMn3c

Please let me know your questions and try to make a trade plan and set of conditions regarding the above....

many thanks

Tom

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums