E-mini S&P 500 Question

[niells18]

Hi,

Pretty new to futures trading and just trying to understand something regarding the contract specs.

My options for the ES are either 03-13 or 06-13. Since we're past the end of June, how come there is no 09-13 contract listed? I'm trading demo but just trying to get a better handle on this.

Thank you!

Niel

[NinjaTrader_ChristopherS]

Hello Niel,

Please follow the instructions below to rollover the expiration date of a futures contracts.

From within the NinjaTrader Control Center window select the menu Tools > Instrument Manager
Highlight the contract you wish to rollover in the left side of the Instrument Manager window
Press the ">" button (the instrument will disappear from the list)
Press the "<" button and the instrument should re-appear with the front month expiration date

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

[niells18]

Thanks Christopher, got it. How come I was still able to "trade" the June contract? B/c I'm on demo?

[NinjaTrader_ChristopherS]

Hello Niels,

I am not sure as the settlement for the ES 06-13 contract was around June 20th.

http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_product_calendar_futures.html

[niells18]

Ok, thanks. If you could answer another one for me, I'd appreciate it.

In a Basic Entry order, how do I add a stop loss on a sell limit? Current price is 1616, sell limit is at 1648.50. I want to add a stop loss at 1660.

Currently, in the Basic Entry window, with Limit selected as the Type, the option for a Stop is grayed out.

[NinjaTrader_ChristopherS]

Hello Niel,

You will need to either attach an ATM Strategy to the order or manually place a stop order.

To place a stop order you will need to either select Stop or Stop Limit from the Type drop down menu, set the price and place the order.

[niells18]

I apologize for all the questions but I'm confused by all the different interfaces even after going through the well done education sections.

Could you please tell me the simplest way to manually place a sell limit order with manually spec'd stop and take profit levels?

[NinjaTrader_ChristopherS]

Hello Niel,

You will want to use ATM Strategies.

Below is a link to the ATM Strategy section of our help guide.

http://www.ninjatrader.com/support/helpGuides/nt7/index.html?advanced_trade_management_atm.htm