(Previously called The P/L Manager)
It is an add on program to NinjaTrader that we created to control all the CycleTrader Systems all at the same time.
Our thought about system trading is it really is all math, and the markets will go up and down without fail.
For this reason, you can build a number of ideas that find high probability of making money and then not try to make $500 a trade, but make work to $50 to $100 a trade per system for example.
All the systems will work together to achieve these daily goals.
They will all agree to shut down automatically until the next day.
It’s been our thought process for a long time that if you try to build one system to make $1000 a day, your odds go down.
However, if you build 10 systems to make $100 + a day, your odds go way up to achieve your goal.
Strategy Manager can manage this process