1. Risk layers
NinjaTrader risk management works best in layers: order, trade, day and account. Each layer needs a different rule.
- Order: stop and target.
- Trade: correct size.
- Day: daily loss.
- Account: drawdown and max contracts.
2. ATM as first defense
An ATM keeps you from entering without a defined exit. It does not solve every problem, but it reduces improvisation after entry.
3. Daily limits
| Control | Goal |
|---|---|
| Daily loss | Stop before large damage. |
| Max trades | Avoid overtrading. |
| Schedule | Avoid low-quality sessions. |
4. Review
Review should measure rule breaks, not only PnL. A green day with poor execution is still a risk signal.
5. Warning
This is not financial advice and does not guarantee passing an evaluation. Firm rules can change; always verify the official source before trading.