Workspace choices for beginners - futures io
futures io

Workspace choices for beginners

Discussion in Traders Hideout

      Top Posters
    1. looks_one tulanch with 2 posts (3 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 gdplus1 with 1 posts (0 thanks)
    4. looks_4 Gavroche with 1 posts (0 thanks)
    1. trending_up 1,757 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 4 posts
    2. attach_file 0 attachments

Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

Search this Thread

Workspace choices for beginners

(login for full post details)
  #1 (permalink)
Anaheim, California
Experience: Beginner
Platform: NinjaTrader
Broker: TD Ameritrade
Trading: ES, options,
Gavroche's Avatar
Posts: 5 since Mar 2010
Thanks: 13 given, 1 received

I see that there are already a few kinds of NT work-spaces in use by different experienced members. I like Mike's video and I liked his setup.
The forum is full of indicators and strategies and Mike and others said more is not good because is hard to focus, misleading, etc

My question is can a beginner start by emulating what a more advanced member is doing and use for example that user's setup (workspace, indicators, ATM, etc.) and later on come up with his own if he can?

Visit my futures io Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
For the experts of Metastock
Platforms and Indicators
TD Sequential for NT or MW?
Platforms and Indicators
Is there inherently more opportunity in smaller markets?
Traders Hideout
Eurex Denali vs dxFeed
Sierra Chart
TradingView help in improving Anchored Vwap
Platforms and Indicators
(login for full post details)
  #3 (permalink)
Salt Lake City, UT
Experience: Intermediate
Platform: SC, NT, MT
Broker: AMP
Trading: NQ ES YM Bonds
Posts: 250 since Mar 2010
Thanks: 49 given, 369 received

I have been working with NT (6.5) every day for about 9 months now. I have worked with many other systems in the past so I had a solid knowleged basis to work from. I am also very computer literate so for me, my first few days (hours) was simply playing with the NT interface, learning how to save workspaces, how to save templates, how to build ATM strategies, how to work with indicators, and code them as well as learning how to operate the DOM and chart trader. My thoughts are you really need to know your tools before you actually use them - if you use a saw upside down you cut your hand off, if you use a limit buy instead of a limit sell you drain your account. I have learned a lot about NT using their online help system and videos. I also spend time on utube - there is a lot of good insights to be gleemed there as well.

Once I had the knowhow, creating or duplicating a workspace is/was simple.

But, trading sucessfully has not so much to do with the workspace, indicators, or the like. It's about you, what you see, how you follow rules, how you manage money, how you feel, what you have confidence in, how you react under stress - you either learn this or you burn through you account and find something else to do.

Reply With Quote
The following 2 users say Thank You to tulanch for this post:
(login for full post details)
  #4 (permalink)
Experience: Intermediate
Platform: NinjaTrader, MBTDesktop
Broker: Manduca/Rithmic,, e-futures
Trading: ES NG
gdplus1's Avatar
Posts: 33 since Dec 2009
Thanks: 56 given, 26 received

Can you please explain a little more on limit buy vs limit sell and drain the account? What instruments and what timeframe and indicators you use to trade.

I am learning to trade ES for ES personality fits me compared to other instruments YM, NQ, TF, CL. I use Ninjatrader but for some reason I dislike the Ninja DOM as I cannot resize the DOM on the screen. I like the DOM/Ladder from OptionsXpress, Dorman Direct and TOS compared to Ninjatrader. I think if I can resize Ninja DOM, I can visualize the Price Action better and trade better. Any thoughts on resizing DOM ?

By the way, I use NinjaPriceAction, LBR 3/10 Osc, D3Spotter, Scalper, (formerly BMT)CollectiveMA and fib.


Visit my futures io Trade Journal Reply With Quote
(login for full post details)
  #5 (permalink)
Salt Lake City, UT
Experience: Intermediate
Platform: SC, NT, MT
Broker: AMP
Trading: NQ ES YM Bonds
Posts: 250 since Mar 2010
Thanks: 49 given, 369 received

Ninja lets you chart trade. If you use the mouse to initiate the orders, you need to pay close attention to what type of order you place. Again and again I find myself placing a buy order when I wanted a sell order, due to the way the Ninja's user interface switches the location of the order types in the mouse menu. It does this based upon the location of where the mouse was relative to a placed entry order. If you’re in a trade and you inadvertently have a buy where you wanted a sell, it can devastate your account which is what I was referring to with my statement about drain the account. I always double check my orders to alleviate this from being an issue.

I have come to learn to use minimal indicators. The simpler the better. The less I have to think about when trading the better. Some of my first plans had over 20 thing to consider - my current plan just 6. I find I can best read the 5 min chart with just the EMA20 and candles. I do not claim to be an expert at this by any means, but as of resent I have greatly improved my consistency which I belive is a requirement for great success in this as a career choice. This is one of the most simplest things I have ever studied, but it is absolutley the most difficult to do in real time.

Reply With Quote
The following user says Thank You to tulanch for this post:

futures io Trading Community Traders Hideout > Workspace choices for beginners

Last Updated on March 27, 2010

Upcoming Webinars and Events

NinjaTrader Indicator Challenge!

Ongoing Happy Hour with Cem Karsan w/Cem Karsan

Elite only

Our 12-year anniversary w/ $$,$$$ prizes (check soon)


Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada),
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts