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adding multiple accounts to ninjatrader 8

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    adding multiple accounts to ninjatrader 8

    hello. ive just opened a seconf prop account. can you show me how to connect the account to nt8 please. i have a trade copier but not sure how to connect the second account as i get this error messages. thanks Click image for larger version

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    #2
    Hello Alesiosc,

    Thank you for your message.


    NinjaTrader 8 will only be able to connect to one Rithmic connection at a time. If these accounts are with the same broker, you may wish to reach out to them directly to see if you can combine both accounts under the same login allowing you to view and trade both of them simultaneously on NinjaTrader. If this is not possible, you will only be able to connect to one of these accounts at a time on NinjaTrader 8.


    Please let me know if you have any additional questions.
    Justin D.NinjaTrader Customer Service

    Comment


      #3
      Here is a scenario that may interest you.

      First, consider this:
      NinjaTrader allows both NT7 and NT8 to be running at the
      exact same time, with the exact same license key, on the
      exact same PC. They allow you to make live trades in
      both -- the issue is you can only connect to your trading
      account once, regardless of whether NT7 or NT8.

      But this leads to a very interesting product idea.

      What if you had a TradeCopier product that supported
      interoperability between NT7 and NT8?

      Then suppose you had two different subscription accounts from
      two different prop firms, ie, from Leeloo, Apex, and/or TopStep,
      etc, all of which use Rithmic. You'd connect to one account via
      NT8, and connect to the other account via NT7.

      Do you see where I'm going with this?

      For example,

      What if you used NT8 for your leader account, let's say
      it was using Leeloo. Just like NT folks say, NT8 can only
      make one Rithmic connection at a time. But that's NT8.

      So, let's use NT7 to make the other Rithmic connection
      for your follower accounts. Let's say these follower accounts
      were from Apex, which also uses Rithmic, same as Leeloo.

      You'd run the TradeCopier 'Server' component on NT8
      and it monitors the leader account, which is Leeloo.

      You'd run the TradeCopier 'Client' component on NT7
      which replicates the NT8 orders to your follower accounts
      (which are all, say, Apex accounts) using the NT7 platform.

      The TradeCopier Server monitors all order activity in
      the leader account, connects via socket to the Client,
      which is running inside an NT7 chart window as an
      indicator. The TradeCopier Client replicates the order
      activity to the designated follower accounts.

      See that?

      You're utilizing NT8 for your manual (or automated)
      trading, all of which is transmitted to the TradeCopier
      client running in NT7, which does the replication.

      The point is, you may need a TradeCopier on NT8 that
      is able to copy trades down to NT7.

      This setup does not violate the NinjaTrader license.
      That is, live trading on both platforms which are running
      simultaneously on the same machine has always been
      allowed. The limitation is the connection to your trading
      account, which can only be done once.

      If a TradeCopier product which has full support for both
      NT7 and NT8 (including full interoperable support for the
      scenario I outlined above) sounds interesting to you, then
      perhaps I can help you.

      I am interested in finding customers and early adopters
      for just such a product.
      Last edited by bltdavid; 03-29-2022, 08:48 PM.

      Comment


        #4
        that sounds brilliant. and exactly what i need. i have Apex trade copier already and it does everything i need except copy from NT8 to NT7. as i paid $150 for it, i wouldnt like to have to dishout again for another at this moment in time. i do appreciate you taking the time to reply, so thank you for that. if you need a tester or something like that, maybe, i would be glad to help in that way....thanks again.....

        Comment


          #5
          This already exists

          Comment

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