This is the first trading recap for Apex and Precision, but not the first trading day. I have been trading the 45 accounts (20 Apex and 25 Precision) since I opened them, which was prior to my Welcome Post.
Daily Recap
When the ES RTH opened today, there was a strong and violent move up in the first 5 seconds that set my senses on fire. Based on that large move up, with a topping pattern, and then immediately back down, I disqualified 2 of my ES trades. As the morning progressed, the ES and NQ sold off in unison and I eventually had a short setup on the NQ. I entered on a rather large down move and when the market moved back up to hit my first add-in, I decided I wanted to exit the trade sooner than later (I didn’t like price action, or my entry location), so I exited with approximately $30 in profit per account and stopped trading. Even though the market would have moved to my ultimate profit target, I am still happy that I made good trading decisions and cumulatively I am happy with the profit across accounts (even if not happy profit per account is very low).
Leeloo Trading has recently revised its policy regarding the use of copy trading software on Performance Accounts (PAs). This update aims to “maintain fair trading practices and platform integrity.” However, there appears to be a discrepancy between the rule as written—focusing on “copiers or copy software”—and its broader interpretation by Leeloo’s support, which includes manual…
I love ending a Friday in the positive!!! 👏👏👏🎉🎉🎉 Bulenox We had a nice morning short that gave us profit of about $180. See the details in Rithmic, below. Flexytrade We were trading 5 PA accounts in a more aggressive manner. These accounts were blown, as detailed here. After we get a couple of withdrawals…
If you’re trading the futures market (e.g., ES, NQ, CL) using a prop firm, you’ve likely faced this question: Should I go through an evaluation phase or pay more upfront for a straight-to-sim funded account? As someone who actively trades and manages multiple prop accounts, I’ve been testing both approaches. In this post, we’ll walk…
If you’ve ever wanted to track live trades, monitor bid/ask changes, or build a tool that reacts faster than a bar can form, OnMarketData() is where the action begins. Unlike OnBarUpdate(), which reacts to completed bars, OnMarketData() responds to every change in Level I market data — including bid, ask, and last price updates. That…
In futures trading, technical indicators play a major role in most traders day-to-day analysis to understand market conditions and spot potential trade opportunities. The “Tweezer Patterns” indicator is a tool designed for the NinjaTrader 8 platform, which can help traders identify tweezer top and bottom patterns — a popular technique used by traders to anticipate…
Where most of your trading logic happens. In our last articles, we explored NinjaScript structure, variables and properties, and how NinjaTrader manages a script’s lifecycle with OnStateChange(). Now it’s time to dive into the true “heartbeat” of NinjaScript development: OnBarUpdate() — where most calculations, decisions, and signals happen. 👉 Save this official NinjaTrader Help Guide…
