Sadly, the title of your post is true not just with brand names but in plain English as well.

Daytraders that use Trade copying usually result in disaster and failure...

sevensa 

Why can't you make a living with Funded programs, but you can with $1 ticks? Can you elaborate?

From another thread, there was discussions on if prop firms are a good deal. The other poster was of the opinion that prop firms do not work because their faster paced trading method was not allowed.

My personal opinion is that you can make money, and yes even live off them but live markets are much better.

There is almost 0 benefit to a prop firm if you trading for a living, except for the limitation of loss (whatever your monthly + funding fees are). You get no US tax benefits if you are in the US, and you share a portion of your payouts, and your also restricted to their trading and payout rules. Also if in a personal account as you grow your account balance, you can naturally take more contracts/margin.

Also, the smallest amount you'd need to trade MES micros is about $100 ($50 margin + buffer) and you'll need to take at least 7 tick gains minimum to take a profit after fees, and that's really tough. That might be a good discussion for another thread though, on the long term longevity of scalping micros as a full time trader.

To answer your original post, I only trade copy in my Travodate prop accounts, and only inside the same company using the group account function that's built-in not across firms. The same issue you mentioned about different fills and orders not executing I've heard too many times and its not worth the risk to me.

planetkill 

Replikanto came out with new feature updates for follower guard and ATM copy that sound like what you're looking for. I don't use DayTradr, but I do use TradingView for placing my trades, and the new updates with Replikanto have been copying it flawlessly across all my prop firms. I imagine with the new Replikanto update it's going to be similar with executing on DayTradr as it is with TradingView.

Thank you planetkill.
I in deed misted that not sure how it is happened. Anyway, I've looked into it last night and gave it a go.
In short it still didn't work the way i wanted to.

I am using Jigsaw daytradr stand alone software. It connects to Rithmic Pro. NT connects to Rithmic pro. I don't use NT for charting, it is only to run TradeCopier.

When I execute the order, it hits Rithmic and looks like Trade copier picks it up from there. It also doesn't pick up ATM correctly, and getting confused when I exit position with a new order.

Don't get me wrong the tool is great, and I am sure it works. My friend is using with success. I am the DOM guy. i don't use NT.

I just need to find another solution

P.S - > If anyone interested in a tool please reach out we can work something out.

I've seen this setup, look into it: sierra charts -> RTP -> jigsaw for DOM. Sierra charts does the copying

tr8d3r 

Thank you planetkill. I in deed misted that not sure how it is happened. Anyway, I've looked into it last night and gave it a go. In short it still didn't work the way i wanted to. I am using Jigsaw daytradr stand alone software. It connects to Rithmic Pro. NT connects to Rithmic pro. I don't use NT for charting, it is only to run TradeCopier. When I execute the order, it hits Rithmic and looks like Trade copier picks it up from there. It also doesn't pick up ATM correctly, and getting confused when I exit position with a new order. Don't get me wrong the tool is great, and I am sure it works. My friend is using with success. I am the DOM guy. i don't use NT. I just need to find another solution P.S - > If anyone interested in a tool please reach out we can work something out.

I also place the trade in Jigsaw daytradr, and have no problems with the stops coming through the ATM to NinjaTrader and Replikanto.

In daytradr, did you set the SV value to 0?

From the Replikanto faq:



Here's a video on it:

Thank you for trying to help. I've looked into it once again. In my previous post I should say Strategy instead of ATM.

So I define my strategy in Dartradr and then I select the strategy from the drop down box. It is the one below the Day drop down box in your image.

I watched the video as well, and it looks like CanTrader do not use the strategy when he executes.

He executes Target Profit and Stop Loss manually when the initial order is filled.

I am not sure if you do the same. This may work I haven't tried it yet.

I use strategy because it helps me to have fix SL. If I have to do it after later it may lead to the disaster (discipline issue ).

I've looked into SC that was suggest by injpowwetrust and it doesn't look easy. You really need to have a good skills to configure it right.

Saw one guy he is selling SC copier for $700 all configured and everything. I guess it shows that fare amount of skills needed to configure it.

Thanks for ideas.

planetkill 

From the Replikanto faq: