Trading trends and establishing your risk appetite for success

October 25th, 2024
 

In the recent NinjaTrader Ecosystem webinar, “Trading Trends With Multiple Bar Lengths and Kase StatWare,” Dean Rogers, chartered market technician at Kase and Company, covered his approach to holding trades through trends by using multiple bar lengths.

Rogers asserted that if there’s one thing to take away from his presentation, it’s this: when trading, risk appetite is highly important, and managing your risk is key to being a successful trader, even more so than the entries and exits you use. Not every trade will go in your favor or work out, but to be successful in the long-term, you must manage your risk.

Rogers explained Kase Bars and Kase StatWare’s trading signals, both available via the NinjaTrader Ecosystem. Attendees learned how to choose the preferred set of bar lengths based on their risk appetite and position size, with the ability to use those charts to hold trades via trends and scale their risk.

Managing your risk key while acting on trading trends

Rogers goes in depth on trading trends and the importance of managing risk and risk assessment in trading in the full presentation, including:

  • Kase StatWare entry and exit rules
  • Using risk appetite to determine bar length
  • Setting up multiple bar length charts
  • Entering and exiting trends using multiple bar lengths

Watch a sample clip here:

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