Trade copier

[John85]

Hi guys, have you got still a problem with the trade copier… when I trade different account together and move the bracket SL/TP it just move on the leader account and sometime it buys me a contract when I touch breakeven ?
Thanks guys

 

[spider64]

Hi guys, have you got still a problem with the trade copier… when I trade different account together and move the bracket SL/TP it just move on the leader account and sometime it buys me a contract when I touch breakeven ?
Thanks guys

I use the trade copier every day and have almost no problems. I use DOM trading and have bracket exit strategies. I move stops and targets using either charts or the manual edit trade pop up. I had a recent issue where my primary account filled the full three contracts, but the secondary accounts only filled one of three. That can happen, but when an exit was made, the bracket on the secondary accounts did not clear. I'm guessing because there weren't three filled contracts. It was easy to correct. I am trading three accounts under one Rithmic login through The Trading Pit. Will add two more accounts soon.

 

[supervan]

I use the trade copier every day and have almost no problems. I use DOM trading and have bracket exit strategies. I move stops and targets using either charts or the manual edit trade pop up. I had a recent issue where my primary account filled the full three contracts, but the secondary accounts only filled one of three. That can happen, but when an exit was made, the bracket on the secondary accounts did not clear. I'm guessing because there weren't three filled contracts. It was easy to correct. I am trading three accounts under one Rithmic login through The Trading Pit. Will add two more accounts soon.

Hi.

Do you still have issues with Motivewave Copy Trader?

Are the OCO/ Brackets working properly?

If you have an OCO setup but you decide to break even on the Primary Account, does the Copy Trader sync well?

I'm considering copy trading 2 PA accounts.
Thank you!

 

[spider64]

Hi.

Do you still have issues with Motivewave Copy Trader?

Are the OCO/ Brackets working properly?

If you have an OCO setup but you decide to break even on the Primary Account, does the Copy Trader sync well?

I'm considering copy trading 2 PA accounts.
Thank you!

I am using trade copier all the time and have had as many as five accounts at one time. I trade only MES and MNQ so have had as many as ten positions open with bracket orders on all positions. If I have a larger order anything 4 contracts or more in a very fast market sometimes not all positions get filled so I use the Accounts page to watch if everything is filled. I still use DOM trading, and all trades have an exit strategy with a breakeven adjustment. Sometimes I exit in more than one tranche but usually one tranche to enter and exit just to keep things simpler. The breakeven is sort of like a second tranche since it locks in some profit. I have used the multiplier function so one account may take trades half as large as another account. That works better if you trade the large account with even numbers, but the copier will work OK with an odd number of contracts on the large account. There is no way I could do what I am doing without the trade copier, but you definitely need to watch trades particularly in fast markets in case fills aren't hit. The Account page makes that pretty easy. The child accounts follow along very well when stops or targets are adjusted for the primary account. In my last job I was involved with money managers who were managing thousands of accounts at a time with very advanced trade copying systems. MW is not at that level, but I've been satisfied.