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Simple Steps to Futures Paper Buying and selling

In case you’re new to buying and selling futures, you’ve in all probability heard of paper buying and selling. Put merely, paper buying and selling is follow buying and selling with out risking any actual cash. Each new and seasoned merchants can follow buying and selling reside markets, playback historic market strikes in real-time, and even take a look at automated buying and selling methods with historic market information.

Watch this quick video on how simple it’s to paper commerce with NinjaTrader:

SIM101: Your Paper Buying and selling Account

The NinjaTrader platform enables you to create and customise simulated accounts to imitate reside buying and selling as carefully as doable. NinjaTrader’s built-in Sim101 account behaves like a reside account in that it displays money stability, revenue & loss, and different monetary parameters. It will also be modified to carefully resemble your funding. Earlier than connecting to market information, you may customise the Sim101 account in a number of simple steps.

  1. Navigate to the Accounts tab from the underside of the Management Middle
  2. Proper-click on the Sim101 account
  3. Choose “Edit Account”

Paper Trading

Entry the Sim101 account properties window to customise preliminary money worth and extra.

From the account properties window, you may alter all elements of the Sim101 account, together with preliminary money worth, a simulated fee charge, danger profile, and a minimal account stability to imitate margin necessities. As soon as these are set, click on OK, then connect with information to begin paper buying and selling!

Chart Dealer: Doing it Dwell

Now that your paper buying and selling account is configured correctly, head on over to your favourite futures chart, or create a brand new one from the “New” menu of the Management Middle. On the high of the chart, click on on the fifth icon from the suitable to allow Chart Dealer.

Paper Trading

Chart Dealer enabled on an E-mini S&P 500 chart.

Chart Dealer’s intuitive interface lets you rapidly place market orders. It’s also possible to right-click on the chart itself to disclose a context-sensitive menu of restrict, cease, and market-if-touched orders. In case you’d wish to study extra about all of the totally different capabilities of Chart Dealer, take a look at this quick video.

Strains, Shapes, and Indicators… Oh my!

The NinjaTrader platform comes stocked with over 100 indicators, dozens of drawing instruments , and a number of other totally different chart bar types.

So as to add indicators to your new chart, right-click anyplace within the chart window, and choose “Indicators”. Within the pop-up window you may select all the usual NinjaTrader indicators, configure their values, and outline colours & visible properties.

You’ll be able to add a number of indicators directly by deciding on all the indications you wish to add to the chart earlier than clicking OK on the backside of this window. Paper buying and selling is a good way to check out totally different indicator alerts and settings, so be happy to experiment with all of the choices out there.

Paper Trading

E-mini S&P 500 chart with 2 easy transferring averages, a quantity indicator, and a pattern channel.

Don’t Paper Commerce Alone

There are infinite mixtures of indicators, technical evaluation, and strategies you may apply to your paper buying and selling. Fortuitously, you may be a part of NinjaTrader’s day by day livestream occasion as we put together, analyze, and commerce the futures markets in real-time.

Concerned about studying extra about utilizing all of the options of the NinjaTrader platform? Go to our New Person Video Guides to search out quick movies overlaying many beneficial matters.

Get Began with NinjaTrader

NinjaTrader helps greater than 500,000 merchants worldwide with a robust and user-friendly buying and selling platform, low cost futures brokerage and world-class assist. NinjaTrader is all the time free to make use of for superior charting & technique backtesting by an immersive buying and selling simulator.

Obtain NinjaTrader’s award-winning buying and selling platform and get began with a free buying and selling demo with real-time market information right now!



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