On NinjaTrader Live several times a week

Learn futures from a trader who trades live.

Jack Gleason has traded since 2008 and now trades futures on NinjaTrader's YouTube show several times a week. Learn his process, use the tools he built for his own charts, and trade alongside him in the Startup Trading community.

2008Started trading
tastytradeHis own show from 2012
NinjaTrader LiveRegular since March 2026
Jack Gleason

Watch Jack trade

Jack on NinjaTrader Live

Jack trades futures live on NinjaTrader's own YouTube channel several times a week. Every show is recorded, so you can watch how he sizes and manages real trades.

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How to Master Position Sizing with ATR, featuring Jack Gleason

  • Aug 28, 2026
  • 54 min
  • With Jack Gleason

The method behind Jack's indicators: set the stop from ATR, then size the position so a fast market and a slow market cost the same dollars when you're wrong.

Want the long version? The full 3-hour live session →

Latest shows with Jack

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The problem the tools solve

Two contracts on a quiet day and two contracts on a fast day are different trades.

When the market speeds up, your stop has to sit further away. Keep the same size and one bad trade costs three times as much, which is how most accounts and prop evaluations get blown. ATR sizing cuts the size when the market is fast, so the dollars at risk stay the same.

Quiet market

ATR 8 pts
ENTRY STOP 12 PTS ATR(10) = 8.0
Same size: 2 MES × 12-pt stop$120
ATR sizing: 3 MES$180

Fast market

ATR 24 pts
ENTRY STOP 36 PTS ATR(10) = 24.0
Same size: 2 MES × 36-pt stop$360
ATR sizing: 1 MES$180

Example: Micro E-mini S&P (MES) at $5 a point, stop at 1.5 × ATR, risk budget $180 a trade. Numbers are for illustration, not a recommendation.

Try it: how many contracts should you trade?

1contract
Stop distance36 pts
Risk per contract$180
Estimated loss at stop$180

Stop rounded to the market's price step. Before fees and slippage; a real loss can be larger.

Put this on your chart, free

The tools

The NinjaTrader tools Jack trades with

Start free. Add automation when you want the sizing and the stops done for you.

ATR Headliner indicator with the risk calculator readout on a NinjaTrader chart
Free indicatorStart here

ATR Headliner Indicator

Shows how far the market is moving right now and what your stop costs in dollars, before you enter.

  • ATR Expansion Bar
  • Live risk calculator on the chart
  • NinjaTrader-ready setup
FreeDownload link sent to your inbox
Get the Free Indicator
ATR Order Automation running in NinjaTrader
Order automation

ATR Order Automation

Sizes each trade from ATR and places your stop and target in NinjaTrader as you enter.

  • Contracts set from your dollar risk
  • Stop and target placed automatically
  • Same dollar risk in fast and slow markets
$297One-time purchase
Get ATR Automation
Trend Scanner and Market Selector watchlist view
Market scanner

Trend Scanner & Market Selector

Daily trend strength and direction for every market on your watchlist, so you know which market to trade before the open.

  • Trend direction and strength per market
  • Scans your whole watchlist
  • Bullish, neutral and bearish split for the session
$497One-time purchase
Get the Trend Scanner

Trades live, in public

Jack trades on NinjaTrader's own YouTube show. The recordings stay online for anyone to check.

Risk tools, not signals

The tools size the trade and place the stop. You still decide which trades to take.

Prices on the page

Every tool shows its price. No countdown timers and no trial that turns into a charge.

No P&L screenshots

We don't post account screenshots. Watch the live sessions and judge the trading yourself.

The community

Trade alongside Jack in his Discord.

A private Discord for traders learning Jack's method. Watch him trade the session, follow his trade plans, and talk setups with traders who size the same way.

  • Live screen shareJack shares his charts in the voice room while he trades the session.
  • Trade plan videosJack's plan for the markets he is watching, posted for members.
  • Charts and executionsMembers post their charts and fills and talk through each trade.
$99per month, or $495 a year
Join the Discord
SquakJack is sharing his screen
LIVE Jack
MTRKD Members in the room
Jack Gleason
Featured on NinjaTrader Live: How to Master Position Sizing with ATR

About Jack

He blew up his first account. Then he learned risk.

Jack opened his first account in 2008 with $1,000 and grew it to $5,000 trading options. Then he lost all of it. He moved to futures, passed a trading combine and was backed with the firm's capital.

In 2012 tastytrade gave him his own show, where he taught futures and options to more than 40,000 people. He later traded at a proprietary firm and earned his Series 56 license.

Today he trades live on NinjaTrader Live and builds the tools he uses on his own charts, starting with ATR position sizing.

Perry

About Perry

Perry maps the levels.

Perry is the other trader in Jack's community. He posts four sets of levels on the SPX, SPY, QQQ, ES and NQ charts.

Profile
One standard deviation of volume overlaid on the traditional volume profile calculation to create VAH and VAL zones. It is calculated for both regular trading hours, 9:30 AM to 4:00 PM (RTH, or bell to bell), and the overnight session, 6:00 PM to 9:30 AM. Where the two methods agree is Value, and where they differ are the zones.
Poor Structure
Perry marks off 30-minute poor structure that is left after each day, and excess from between the bells and when it is created post bell before futures close.
Positioning
Graphical data for the near-term open interest option levels (calls and puts) on the daily chains for SPX, SPY and QQQ. Call and put walls are plotted on the daily, weekly and longer levels, with clustered areas of interest for the 0-DTE options shaded. These levels go on the SPX, SPY and QQQ charts and are approximated for ES and NQ.
One Day Expected Move (1-DEM)
Levels placed on the SPX, SPY, QQQ, ES and NQ charts based on the previous day's closing outlook. They provide a guide as to the type of day it is when price nears or breaches them.

Questions

ATR sizing, the tools and the community

What is ATR position sizing?

ATR position sizing sets your stop from the market's Average True Range (ATR), then picks the number of contracts so the dollars at risk stay the same on every trade. When the market is fast the stop sits further away and you trade fewer contracts. When it is quiet you trade more. With a $180 risk budget on the Micro E-mini S&P (MES), that is 3 contracts when ATR is 8 points and 1 contract when ATR is 24 points.

Is Jack Gleason's ATR indicator free?

Yes. The ATR Headliner Indicator is free for NinjaTrader. It adds the ATR Expansion Bar and a live risk calculator to your chart, so you see what your stop costs in dollars before you enter. You get access on the next page and the download link in your inbox.

What do ATR Order Automation and the Trend Scanner cost?

ATR Order Automation is $297 and the Trend Scanner & Market Selector is $497. Both are one-time purchases. ATR Order Automation sizes each trade from ATR and places the stop and target in NinjaTrader as you enter. The Trend Scanner shows daily trend strength and direction for every market on your watchlist.

Are these tools trading signals?

No. The tools size the trade and place the stop. You still decide which trades to take.

Where can I watch Jack Gleason trade live?

Jack trades futures on NinjaTrader Live, NinjaTrader's own YouTube channel, several times a week. Every show is recorded, so you can go back and watch how he sizes and manages real trades.

What is in the Startup Trading Discord, and what does it cost?

The Discord is $99 a month or $495 a year. Members watch Jack share his charts in the voice room while he trades the session, get his trade plan videos for the markets he is watching, and post their own charts and fills to talk through each trade. Perry also posts his levels for the SPX, SPY, QQQ, ES and NQ charts.

Who is Jack Gleason?

Jack Gleason is a futures trader who has traded since 2008. He hosted his own show on tastytrade from 2012, later traded at a proprietary firm and earned his Series 56 license. Today he trades live on NinjaTrader Live and builds the NinjaTrader tools he uses on his own charts.

Free for NinjaTrader

Start with the indicator Jack sizes every trade with.

The ATR Expansion Bar and live risk calculator, free. Instant access on the next page and in your inbox.

Get the Free ATR Indicator The free ATR Headliner indicator on a NinjaTrader chart