Trade Manager (Feb 2013)

Trade Manager (Feb 2013)

Get Trade Manager (Feb 2013) at Tenlibrary.com

“Trade Management is what separates winning traders from losing traders…”

What amazes traders the most after using the Trade Manager is how much money they were leaving on the table by not having the correct amount of shares or contracts for each trade.

95% of trading performance is based on your position size, which is the percentage risk in relation to the size of your account or volatility of the Market. Trade Manager tells you how many contracts you need to have in order to maximize your trading results.

Automated money management and position sizing are the two most important components of trading. It’s what separates winning traders from losing traders.

Trade Manager automatically calculates the correct amount of contracts or shares based on your account size or market volatility… and then enables you to place the trade directly from your chart. By the time you exit the trade you are makingMAXIMUM MONEY on MINIMAL RISK. And isn’t that the goal?

Automated stop-loss management and position sizing alone can cure most of the problems that individual traders have. In trading, you’re not paid for analyzing charts and…you’re not paid for placing the order or having the fastest execution platform. What you are paid for is successfully managing the position while it’s in play.

Most traders obsess on finding the “best” entry point to get into their trade, but where is the money being made on your trades? The position size and the exit!

Remember… the ONLY thing you can truly control is your risk (position size). You cannot control where the market is going to go. No one can. But, you can remove some of the stress by knowing your risk before you enter a trade and then letting an automated tool manage your position once its in play. In fact, with Trade Manager, you can put on a position and then forget about it.

Trade Manager will trail your stop(s) for you. Thereby, freeing you up to take other trades. Think of it like having multiple fishing poles in the water at the same time. You exponentially increase your chances of scorning the Big Fish!

The easiest way to tell if a trader is going to be profitable is by looking at how they handle these two cardinal rules:

1. Do they cut losses short?
2. Do they let profits run?

Trade Manager does both of these for you! Trade Manager is an essential trading tool that works with any system or collection of indicators on the NinjaTader platform. Trade Manager ensures that you take the maximum profit from each and every trade you take. Finally, a tool that truly “lets your profits run” without further risk!

Get Trade Manager (Feb 2013) at Tenlibrary.com