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How to Place and Close Trades in NinjaTrader

NinjaTrader allows traders to enter and manage positions from desktop, web, and mobile platforms. Whether you’re placing a Market Order, Limit Order, or Stop Order, the process is straightforward and can be completed in just a few steps.

This guide covers how to open and close trades across all supported devices.


Understanding Trade Entries

Before placing a trade, it’s important to understand the two basic directions:

Buy (Long Position)

A Buy order is used when you expect the market to move higher.

If the market rises after your entry, the position generates profit.

Sell (Short Position)

A Sell order is used when you expect the market to move lower.

If the market falls after your entry, the position generates profit.


Placing a Trade on NinjaTrader Desktop

Step 1: Log In and Connect

Launch NinjaTrader and connect to your trading account.

Step 2: Open a Trading Window

You can place trades from:

  • Chart Trader

  • SuperDOM

  • Order Entry Window

Step 3: Select an Instrument

Choose the futures contract you want to trade.

Examples include:

  • NQ

  • MNQ

  • ES

  • MES

  • CL

Step 4: Select an Order Type

Choose the order type that fits your strategy:

  • Market Order

  • Limit Order

  • Stop Order

Step 5: Configure Your Trade

Enter:

  • Quantity (contracts)

  • Entry price (if applicable)

  • Stop Loss (optional)

  • Take Profit (optional)

Step 6: Submit the Order

Click:

  • Buy Market to open a long position

  • Sell Market to open a short position

Confirm the order and wait for execution.


Closing a Trade on NinjaTrader Desktop

Step 1: Open the Positions Window

Navigate to the Positions tab in the Control Center.

Step 2: Select the Position

Locate the trade you want to close.

Step 3: Exit the Position

Right-click the position and select Close Position.

The trade will be exited immediately at the current market price.


Placing a Trade on NinjaTrader Web

Step 1: Log In

Access NinjaTrader Web through your browser and sign in.

Step 2: Open a Trading Panel

Open either:

  • Chart Trading

  • DOM (Depth of Market)

Step 3: Select Your Instrument

Choose the futures contract you want to trade.

Step 4: Configure Your Order

Specify:

  • Buy or Sell direction

  • Quantity

  • Order Type

  • Entry price (if required)

Step 5: Submit the Trade

Click Buy or Sell and confirm the order.


Closing a Trade on NinjaTrader Web

Step 1: Open Positions

Navigate to the Open Positions section.

Step 2: Select the Position

Locate the active trade.

Step 3: Close the Position

Click Close to exit the trade.


Placing a Trade on the NinjaTrader Mobile App

Step 1: Open the App

Launch the NinjaTrader mobile application and log in.

Step 2: Select an Instrument

Choose the market you wish to trade from your watchlist.

Step 3: Enter Order Details

Configure:

  • Buy or Sell direction

  • Quantity

  • Order Type

  • Price (if applicable)

Step 4: Submit the Order

Tap Buy or Sell and confirm the trade.


Closing a Trade on the NinjaTrader Mobile App

Step 1: Open Positions

Navigate to the Open Positions section.

Step 2: Select the Trade

Choose the position you wish to close.

Step 3: Exit the Position

Tap Close Position and confirm.

Your trade will be closed immediately.


Common Order Types

Market Order

Executes immediately at the best available market price.

Limit Order

Executes only at your specified price or better.

Stop Order

Activates once the market reaches a specified price level.

Understanding these order types can help improve trade execution and risk management.


Best Practices Before Entering a Trade

✓ Verify the selected instrument.

✓ Double-check contract quantity.

✓ Confirm Buy or Sell direction.

✓ Review Stop Loss and Take Profit levels.

✓ Ensure your position size aligns with your risk management plan.


Need Assistance?

If you have questions about entering or closing trades in NinjaTrader, the AquaFutures Support Team is available to assist you.

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