Stop Loss Auto order

[Tzachi]

I use NT 6.5 chart trader to place and close trades.
My trades are open for a few seconds only.
Since I am in and out from the trade very fast i do not have the time to manualy place a stop loss order.
Is there a way when using the chart trader that whenever I click to open a position, an automatic stop loss of a XXX ticks will be also placed and will automaticly canceld when I close the trade?

Thanks for any input.

[NinjaTrader_VinceB]

Hi,

You need to set up your ATM Strategy. More info about submitting orders see here:

http://www.ninjatrader-support.com/HelpGuideV6/SubmittingOrders2.html

[Tzachi]

Do I need to set it up each time i want to click and open a position or it will be done once and apply auto' to every trade I will open in the future after the setting up?

[NinjaTrader_VinceB]

You can save as well. See here for more info:

http://www.ninjatrader.com/support/helpGuides/nt7/manage_atm_strategy_templates.htm

[Tzachi]

Can it be done with NT 6.5?

[NinjaTrader_VinceB]

Yes, please see here:

http://www.ninjatrader-support.com/HelpGuideV6/ManageStrategyTemplates.html

In addition, if you hit your F1 key when working in a window, it will open up that particular section of the Help Guide.

[Tzachi]

Many thanks for your quick and accurate replies.