Can Ninjatrader Automated Trading Systems Do Automated Trading?
NinjaTrader is a powerful trading platform that has been designed to provide traders with the tools they need to make informed decisions. One of its key features is automated trading, which allows users to create and execute trades without having to manually enter orders. In this article, we will explore whether or not NinjaTrader can do automated trading.
What Is Automated Trading?
Automated trading is a type of computer-based system that enables traders to set up rules for entering and exiting trades automatically. This means that once you have programmed your parameters into the software, it will place buy/sell orders on your behalf based on those criteria. The main advantage of using an automated system is that it eliminates human emotion from the equation – something which can often lead to bad decision making in manual trading scenarios.
Does Ninjatrader Automated Trading Systems Offer Automated Trading?
Yes! NinjaTrader offers both back testing capabilities as well as live automation through their AutoTrade program. With back testing, you are able to test out strategies before putting them into practice by running simulations against historical data sets so you know how they would perform under certain market conditions. Additionally, AutoTrade gives users access to real-time execution services provided by third party brokers such as Interactive Brokers and TD Ameritrade; allowing them trade directly from within the platform itself without any additional setup required.
Ninjatrader Automated Trading Systems does offer automated trading capabilities via its back test Simulator and AutoTrade programs respectively, giving traders more control over their investments while also removing emotions from the equation when executing trades in real time markets.
DISCLAIMER:
12TradePro Tools or the author of the software is in no way to be held liable for any losses incurred through its use. Payments are not refundable. Play it safe and practice on a demo account first future result. Futures, options, and securities trading have the risk of loss and may not be suitable for all persons.
RISK DISCLOSURE:
Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses is material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.