Managing Multiply Accounts - NinjaTrader | futures io social day trading
futures io futures trading

Managing Multiply Accounts
Updated: Views / Replies:6,877 / 9
Created: by evilmrkipling Attachments:0

Welcome to futures io.

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

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

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

Thread Tools Search this Thread

Managing Multiply Accounts

  #1 (permalink)
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: CL
evilmrkipling's Avatar
Posts: 11 since Feb 2011
Thanks: 2 given, 3 received

Managing Multiply Accounts

Hi guys,

I am a trader who has began to look after managed accounts.

I am currently using Ninja Trader 7.3 which has a built in feature which allows you to place several accounts in one group.

The initial entries and ATM settings are executed to perfection.

The trouble comes when you want then edit the stop loss or profit target etc across the entire group, unfortunately the manual changes are reflected in one account only and not across the entire group. Meaning you have to make manual changes in each separate account.

I am looking for a better solution:

I would like to see one "master" account that was able to controll several other "slave" accounts that would copy all entries, ATM and manual modifications of the master account to the letter. Allowing me to in theory add an unlimited number of accounts and only have to trade with one account while seeing the exact same trades and modifications executed in all other accounts.

Is anyone managing multiply accounts out there with a solution for me? I love ninja trader but this does seem to be something that is a limitation for them and letting them down slightly, I am guessing this is going to mean moving away from ninja into another platform that can handle the multiple accounts!

Any help and advice would be great!

Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

  #3 (permalink)
Site Administrator
Manta, Ecuador
Trading Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
Big Mike's Avatar
Posts: 47,186 since Jun 2009
Thanks: 30,072 given, 88,028 received

Best solution is to call your broker and have them set it up. You can tell them how to divide the subaccounts, like sub account #1 trades 1/2 the size, or so forth. All accounts would need to be with the same broker.


Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
  #4 (permalink)
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: CL
evilmrkipling's Avatar
Posts: 11 since Feb 2011
Thanks: 2 given, 3 received

Hi mike,

There not all my accounts and are not all with the same broker. I am managing accounts for different people.

Do you still think I can do this broker side?? I was after more of a powerful order entry platform that would allow me to mirror the orders through the different accounts.

Reply With Quote
  #5 (permalink)
Trading Experience: Beginner
Platform: Multicharts
Favorite Futures: forex
Posts: 5 since May 2011
Thanks: 0 given, 0 received

I have the same interest to find nice platform and broker to manage multiple accounts simultaneously. Did You find any solution already. Would appreciate any ideas.
Thank You.

Reply With Quote
  #6 (permalink)
Trading Experience: Intermediate
Platform: NinjaTrader, OpenQuant
Broker/Data: Zaner/Zen Fire
Favorite Futures: ES,6E,6B,GC,CL
Posts: 594 since Nov 2009
Thanks: 176 given, 119 received

I know someone who does this who uses open ecry
open ecry is v.good with multiple accts, but he told me it takes minimum 1 contract per acct.
you can talk to them

Reply With Quote
  #7 (permalink)
Honolulu, Hawaii
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: ATC/TT, AMP/Zen-Fire, AMP/CQG
Favorite Futures: TF
bluemele's Avatar
Posts: 2,547 since Jun 2010
Thanks: 3,806 given, 2,831 received

You really need to get everyone at the same brokerage in my opinion. You are going to have a nightmare of a time if anything happens.

Imagine another Sept 11 happens and you have to call 5 different brokers and get them to handle things....

Any broker can handle the issues of multiple linked accounts, but not sure as to what 'manual' issue you have with Ninja.

When I was trading live I was linking my retirement account (Solo 401K) with my business account with my personal account. It was interesting and worked nicely except when there was an issue! Figuring out what got where was a nightmare sometimes.

Reply With Quote
  #8 (permalink)
Salt Lake City, UT
Trading Experience: Intermediate
Platform: NinjaTrader
Broker/Data: NinjaTrader Brokerage
Favorite Futures: CL, ES, NQ, YM
richw's Avatar
Posts: 1,121 since May 2010
Thanks: 937 given, 801 received

Multiple Accounts, NinjaTrader, and Velocity Futures

Is such a thing mentioned by the original poster possible at Velocity Futures? Would I be able to use NinjaTrader to manage my trades as if trading 1 account, but in reality, it is managing multiple accounts?

I contacted their support via chat, and the person I talked to didn't seem to think so, but it sounds like there is a posiblity that they could actually do it, but maybe the person I talked to was unaware of how it is done.

Reply With Quote
  #9 (permalink)
Miami Beach, FL, USA
Trading Experience: Master
Platform: Ninjatrader
Broker/Data: AMP w/ CQG data
Favorite Futures: ES, GBP, EUR, CHF futures
Posts: 1 since Oct 2010
Thanks: 0 given, 1 received

I'm a CTA handling managed accounts. You need to contact your broker and set up "block allocation trade" parameters for multiple accounts. Most brokers will do this, ...... you have to ask them by phone.

** What the hell does "trading apprentice" mean under my username? Cuz Im a virgin to this site?...LOL..too funny.

Reply With Quote
The following 2 users say Thank You to joemiami for this post:
  #10 (permalink)
Legendary Market Wizard
Boca Raton
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
mattz's Avatar
Posts: 2,356 since Sep 2010
Thanks: 2,292 given, 3,388 received

Block Account Allocation for Futures Traders

I just reviewed the block account allocation on OEC trader.

The software allows you to predetermine the number of lots for the different account.
Then it sets the total as your default for that market, and you see in real time how it is allocated.
Also, the stops and targets are set for the entire group of accounts.
You have a number of allocations methods:
APs (Average Price Fill)
Lowest account lowest price
Lowest account highest price
Highest account highest price
Highest account lowest price

This is suitable solution if you trade multiple accounts like IRA and Individual; you are a CTA or have a letter for authorization to trade OPM.

If you request a demo, then this feature has to be activated for you to be seen.

Optimus Futures

There is a risk of loss in futures trading. Past perfromance is not indicative of future results.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.

Last edited by mattz; July 11th, 2015 at 10:05 PM.
Reply With Quote


futures io > > > > Managing Multiply Accounts

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now

Thanks for everything -- $250 in Amazon Gift Cards ready to give away

Right now

Journal in July -- over $2,500 in prizes w/NinjaTrader


Similar Threads
Thread Thread Starter Forum Replies Last Post
Managing Drawdowns StkLab Psychology and Money Management 3 November 14th, 2014 12:31 AM
Managing multiple entries arjfca EasyLanguage Programming 2 October 16th, 2010 06:28 PM
Ninja and TT accounts MXASJ Reviews of Brokers and Data Feeds 3 April 7th, 2010 02:08 PM
Managing Trade when Calculate on Close = True jthom NinjaTrader Programming 15 March 24th, 2010 04:49 PM

atm, average, broker, brokerage, brokers, chat, dow, futures, futures trading, how to, information, ira, limit, loss, multiple accounts, ninja, ninja trader, ninja trader 7, ninjatrader, order entry, orders, people, platform, profit target, real time, size, software, stop loss, sub account, support, trading, velocity, velocity futures

All times are GMT -4. The time now is 04:19 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business,
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
Page generated 2019-06-27 in 0.21 seconds with 14 queries on phoenix