NinjaTrader Platform Notes

I have decided to use NinjaTrader as my preferred trading platform.  For many years, I solely subscribed to Worden products which were excellent for quickly scanning the market and for basic indicator programming.  I still use freestockcharts.com to follow the intraday market action while I am at work.  Unfortunately, my demands for a more robust platform have outgrown the capabilities of the Worden software.  After extensive research, I decided to focus on using NinjaTrader.

While I will still be trading stocks and ETFs in my retirement accounts, I have decided to focus on futures for my short-term trading.  NinjaTrader coupled with Zen-Fire provides an excellent foundation for trading futures.  I have found that NinjaTrader is a robust software that includes several valuable tools and a simple programming interface (C# and .NET).  I am still getting up to speed with their indicator and strategy development methods, but things look very promising so far.  I am also hoping to flesh out my trading game plan in a little more detail.  Specifically, I want to include more steps for moving from trading theory to real-time practical application.

I have begun programming my first indicators and strategies and will be posting results and ideas on this blog.  I will also be simplifying and updating my market breadth monitor in the coming weeks to make it more applicable to trading the Russell 2000 index via IWM, which is my preferred investing vehicle.

Future items of interest will include:

• How to record your intraday trading for the purposes of review and improvement
• Steps to evaluate trading strategy performance
• Strategies for trading IWM
• What to do with a savings account - the best bond fund in the universe
• Improved market breadth metrics
• Evaluation of various trading indicators
• Evaluation of NinjaTrader software