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Multiple "User" Broker Account on Multi User Platform


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  #1 (permalink)
 
bullsandthebears's Avatar
 bullsandthebears 
boston, ma / usa
 
Experience: Intermediate
Platform: ninja , metastock, multicharts, TDA, tradestation
Broker: Tradestation, Esignal, OptionsExpress, MBTrading, Ameritrade
Trading: spy,sector spyders
Posts: 67 since Jul 2012
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Utilizing a single broker for multiple similar strats, ie: multi users: bull1, bull2, bull3, bull4, 50k accounts each , separate cpu's , on seperate licensed platforms, Any one out there utilizing a seperation of accounts, computer and platforms within the same brokerage. Im finding better execution. thank you for your insight for flaws or improvement. The question is that separating accounts, cpu's and seperate strats appears to achieve a more stream lined execution "not getting in the way of each other or is it a waste of time and money for future pilgrims, as I already own it, no turning back. based on your similar run on a single user and platform running 4 strats at 50k each. couldnt find similar on any thread. Currently using MBTrading and MultiCharts


Not a vendor, just a trader. I do not sell anything. Current studies involve EasyLanguage, Money Management and Technical Analysis. Do Enjoy: Fibs, S / R's , Eliotts, Cycles, Trends , Skews. Not Enjoy: fundamentals, Main St Media . It's all about keeping your emotions out of trading and work a system. Appreciate all insight as will be returned. Scotty B.
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  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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X_Trader.

Mike




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  #4 (permalink)
 
bullsandthebears's Avatar
 bullsandthebears 
boston, ma / usa
 
Experience: Intermediate
Platform: ninja , metastock, multicharts, TDA, tradestation
Broker: Tradestation, Esignal, OptionsExpress, MBTrading, Ameritrade
Trading: spy,sector spyders
Posts: 67 since Jul 2012
Thanks Given: 9
Thanks Received: 14

x_trader sounds great, you have been around the horn, yet how does that conform to all other languages? now we have MC.net, are you saying this is superior to all other platforms based on multi account settings or all around better system. thanks mike for your input, much respect and thank you for the trainers and especially this site. scotty b.


Not a vendor, just a trader. I do not sell anything. Current studies involve EasyLanguage, Money Management and Technical Analysis. Do Enjoy: Fibs, S / R's , Eliotts, Cycles, Trends , Skews. Not Enjoy: fundamentals, Main St Media . It's all about keeping your emotions out of trading and work a system. Appreciate all insight as will be returned. Scotty B.
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  #5 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,669 since Jun 2009
Thanks Given: 33,669
Thanks Received: 102,577

If you need to manage multiple users (real people) from a single interface, ie risk management or customer order management, X_Trader is the way to go.

If you are just a retail trader running multiple strategies, then you can do that from anything, NinjaTrader, MultiCharts, whatever. The importance becomes your broker interface.

For Zen Fire and Rithmic, each order submitted from any platform is available globally to all other platforms with their concurrent login feature. So if you submit an order in MultiCharts you will see it instantly on your DOM in NinjaTrader.

For TradingTechnologies, this is not possible, as they don't allow multiple logins with a single account. You have to create multiple subaccounts, and each would have their own login.

For InteractiveBrokers, it uses TWS, which would provide you a single interface to see all trades across multiple platforms.

I don't know for CQG.

Mike




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Last Updated on August 3, 2012


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