TRUE AVERAGE PRICE – Position Data Section –
We separated the field to bring attention to how important this feature is.
Have you ever wondered when you enter the market and buy and sell contracts throughout the trade, that the position price is NOT actually true. Meaning, you may see that you are long from 4035.00 and the market is at 4037.00 and you exit just to find out you actually lost money on the trade?
Yep, this is called FIFO accounting and it is not accurate when it comes to your actual True Average Price. This Nintza Edge feature is worth the price times 20. Nintza Edge has the best True Average Price calculation on the market.
a. Automatic Updates –Nintza Edge will auto update the True Average Price with all new entry and exits during the life of a current trade position.
b. Auto Adjustments – Nintza Edge will auto exits, and stops will self-adjust based on updated true average price(s).
Don’t be fooled with FIFO (First In-First Out) accounting the clearing house sends back to you. Know your True Average Price that Nintza Edge shows live and automatically updates.
OPEN POSITIONS DATA –
The Open Position section is full of useful information including the True Average Price mentioned above.
a. Number of Contracts – Easily view the number of contracts long or short combined with your updated True Average Price.
b. Points Up/Down - View the number points up or down based on your True Average Price.
c. Average Dollar $ Per Contract - View the average dollar $ value up or down per contract.
d. Current Trade - View the total dollar $ value of the open position and % up or down based on current account balance.
e. Total Performance - View today’s total profit / loss from closed and open trades live combined with total percentage % up or down based on live account balance.
f. Account Equity – View total equity from starting account balanced combined with open and closed trades.
g. Margin – View total average margin and percentage % of equity the current position is holding.
STOP LOSS / POINTS -
Imagine never having to cancel replace your stop quantity - auto stops – points
a. Exact Stops - Set point stop based on your true average price.
b. Percent Loss - View percentage % stop loss if stop is hit based on current account balance.
c. Dollar Loss - View dollar $ loss of stop is hit.
d. Auto Updates – Each time your position changes, Nintza will auto update the stop quantity.
e. Move Stops – Nintza Edge will auto updates the point stop based on your True Average Price changes.
f. Modify Stops – Nintza Edge can change the point value and the stop will auto update on the screen for all working orders.
g. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades.
PLACE STOP LOSS –
Input the exact stop price and Nintza Edge will place that stop each time you open a new position.
a. Auto Price Update – Nintza Edge will populate the last price each time with the mouse click in price level box.
b. Easy Modify Price - Move the price with your arrow keys tick by tick.
c. Percent Loss - View percentage % stop loss if stop is hit based on current account balance.
d. Dollar Loss - View dollar $ loss of stop is hit.
e. No Stop Errors – Nintza will not submit stop if the stop would cause an error.
f. Modify Stop Live – You can update the price level box and it will self-adjust on the screen.
g. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades.
TRAILING STOP –
Nintza Edge has a basic trailing stop function that can be modified or turned on/off during a live open position.
a. Set Trigger to Start- Set trigger to start the trailing stop
b. Set Points Back - Set the new points back from the last price to move the stop to.
c. Set Frequency - Set the frequency on which to move the stop each level.
d. Modify Levels – Nintza Edge will allow you to update the price levels live and it will self-adjust.
e. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades.
BREAK-EVEN PLUS POINTS –
Nintza knows your position to know to place a sell or buy order and stop or limit order all with one-click.
a. Long or Short - Nintza knows your position to know to submit a long exit or short exit.
b. Position Quantity - Nintza knows how many positions you have to know the quantity to submit.
c. Updates - Nintza knows if your position quantity changes to know to auto update the exit quantity.
d. Place Limit or Stop- Nintza knows to place a limit order or stop order if above or below your position.
e. Modify - Update the price levels live and it will self-adjust.
f. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades.
TAKE PERCENTAGE OF POSITION OFF WITH ONE-CLICK –
Nintza Edge knows your position and with one-click knows to place a sell limit or buy limit for a set percentage of your open contracts to exit.
a. Percentage of Contracts- Set the percentage in settings
b. Position Quantity - Nintza knows how many positions you have to know the quantity to submit.
c. Updates - Nintza knows if your position quantity changes to know to auto update the exit quantity.
d. Updates - Nintza knows if your position quantity changes to know to auto update the exit quantity.
e. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades.
1. HOT KEYS –
Separate function to set your set quantity and points back to enter the market with one-click.
a. Separate Quantity – Set a separate quantity to enter or exit per order.
b. Separate Points –Set the separate points better to enter or exit per button.
c. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades. Submit and cancel with one-click.
BLANKET BUY / SELLS – HOT KEYS –
Nintza Edge will allow you to submit three levels of exact orders at one time with one-click.
a. All Levels - Submit all the buys or sell hot keys orders with one-click.
b. Cancel - Cancel all the submitted orders with one-click.
c. Cancel Individual Levels– Nintza Edge allows you to cancel individual levels after you hit blanket buy/sell orders.
d. On/Off - Nintza Edge allows you to turn on/off this function at any time during live trades. Submit and cancel with one-click.
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