How I Manage MULTIPLE PROP FIRM ACCOUNTS w/Trade Copier

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  • Опубліковано 17 жов 2024

КОМЕНТАРІ • 445

  • @EshanBala
    @EshanBala  Рік тому +6

    Join the Karma Prop Traders Discord for more updates and the release date - discord.gg/karmaproptraders
    karmaproptraders.com

    • @heartstrings110
      @heartstrings110 9 місяців тому +1

      Just discovered your channel! Excellent tutorial! I have noticed that there are lot size limits that vary per prop firm. If I set the lot size limit per slave account, will that be honored even though there is no lot size limit on the master account?

    • @GioBankzfx
      @GioBankzfx 8 місяців тому +1

      so how to copy from different pro-firms if they have different suffixes for example one have dowraw and one is names us30 and one is names us30x .. how to copy between those ??

    • @Sandeep-kn7hj
      @Sandeep-kn7hj 7 місяців тому

      But how we can manage IP ...funded accounts have restricted for IP

  • @sihlegumede7708
    @sihlegumede7708 Рік тому +19

    I've learned a lot from this guy. He is officially my guy.

    • @burnythankful2345
      @burnythankful2345 4 місяці тому

      I like that. Soon he'll become "our" guy 😂😂

  • @doresca1634
    @doresca1634 Рік тому +17

    This is exactly what I needed. Once we are ready with a strategy you grab the beautiful offers of the various prop firms. And get going. Great stuff Eshan. You have just saved me a lot of research. Nice one bro ✌🏾❣️

    • @grizzlymcgill4117
      @grizzlymcgill4117 7 місяців тому +2

      this is the comment of a big thinker, success is coming for you

  • @moondevonyt
    @moondevonyt Рік тому +5

    the level of organization and understanding this creator has about prop trading and the use of trade copiers is on point
    but honestly, i feel using a trade copier can be a double-edged sword
    while it might make things easier for scaling and managing multiple accounts, it can also amplify mistakes
    if something goes sideways on the master account, all those slave accounts are gonna feel it too.s
    till, mad respect for breaking down the process so detailed
    props for showing everyone the ropes on this!

  • @mills2277
    @mills2277 Рік тому +10

    Extremely simple easy to understand video. Literally the best way to explain the platform

  • @parth3278
    @parth3278 24 дні тому

    i was searching this video from decades thanks to this INDO-american dude

  • @tanyabassani6734
    @tanyabassani6734 Рік тому +5

    Wow Eshan you are an amazing patient teacher!! Thank you for simplifying this process so it doesn't feel overwhelming!!🙏 One question please: If you want your risk % to be the same for both the master and slave accounts what number do you choose?? Perhaps 1?? Or do you leave blank?? Thank you so very much for sharing your knowledge!!🙏 🎉

  • @TraderS4m
    @TraderS4m Рік тому +5

    I Eshan, your info is very helpful. Thanks a lot. I have a question about index. I notice different brokers has different price. How to handle this problem. And TFT's 1 lot equals to FTMO's 10 lot.

  • @MustaphaMujeeb-c1e
    @MustaphaMujeeb-c1e Рік тому +3

    this guy is the best
    thanks a lot bro for all you do

  • @KayDollar
    @KayDollar Рік тому +8

    Hi Eshan 😁
    You explained just Risk Multiplier by Balance.
    Pls can you explain the other types of Risk Types while setting up the trade copier.
    Many Thanks 😊

  • @trading-university.
    @trading-university. Рік тому +31

    Nice, I use a MT5 based copier and a VPS, its way faster, no lag, no limits and no 3rd party involved. You can get it for MT4 as well.

    • @JG-ip1vb
      @JG-ip1vb Рік тому +2

      Which copier and which vps company? if you dont mind. I am considering going the same route

    • @FuMMoD
      @FuMMoD Рік тому +1

      Details please. Which of each???

    • @MoneyIdeass
      @MoneyIdeass Рік тому

      Pls Make A Video About It If You Can

    • @johnkumeku2309
      @johnkumeku2309 Рік тому +1

      Yh, how do you do that...

    • @EshanBala
      @EshanBala  Рік тому +3

      Not sure how that works, but as long as it's within the rules, then do what you are comfortable with 💪

  • @mohamudshosman972
    @mohamudshosman972 Рік тому +4

    If the accounts are different let as say the master is 100k and the slave is 200k and i want to tisk same % like 0.5 so what i want is that the percentage risk of 100k is 500$ while the percentage risk of 200k is 1000$ that is how i calculate so is it same with the multiplied my balance 🙏
    By the thanks for your clear explantion 👍

  • @Imnot_tammy
    @Imnot_tammy 9 місяців тому +2

    I got a question. Do all the prop firm mentioned in this video allow copy trading during evaluation stages? or do i have to pass the evaluation stages individually. Thank you!

  • @lancevoorheestapestrichann9740
    @lancevoorheestapestrichann9740 9 місяців тому

    Wow, am I glad I stumbled across your video. I was planning on buying multiple copies of an algorithm for a variety of funded accounts. I take it that is no longer necessary. Wonderful!!! I subscribed. Do you use a specific algorithm or EA? If so, what do you recommend? My intention is to purchase Magellan. Any suggestions?

  • @oskarstrzesak4642
    @oskarstrzesak4642 9 місяців тому

    serious you now what you talking about . when I see people when they explain that I don t no what to do but on this video I know everything thanks

  • @socialtradertools
    @socialtradertools Рік тому

    Thanks for the support Eshan!

  • @andreac.6406
    @andreac.6406 8 місяців тому +1

    Hello, appreciate your video. Do you know if it's possible to use the trade copier for Fundingpips and Alpha capital group? Does it breach any of their rules?
    Thanks

  • @mertcancakiroglu1
    @mertcancakiroglu1 Рік тому +4

    Hello Eshan, thanks for the video. But let’s say in TFT Daily Fvg in 1.25500 and i order that. But in the other broker Daily FVG in 1.25580. What will happen if it’s like that? Thanks

  • @Saman-R
    @Saman-R 5 місяців тому

    Hello, thank you for your good video. I have a question, do prop forms understand that our positions are being copied?

  • @williammclean8903
    @williammclean8903 Рік тому +5

    I would be pretty nervous to use this on my funded accounts however I could see trying it first with the challenge accounts. I was just thinking about scaling my evaluations to build up AUM faster. 1.2 million in current challenges is just mindblowing.

  • @ameliaandy-v6t
    @ameliaandy-v6t 10 місяців тому

    Hi eshan, I just have a question, do you need to stay logged in online for it to work, or you can just set it and shut off your pc and it will still works with your fone?

  • @srineelayadhakshimotors-na649
    @srineelayadhakshimotors-na649 8 місяців тому

    Amazing content..Thank you so much Eshan BalaI have one question ..Can we add challenge phase accounts also as slave accounts?.Please let me know.Thanks again

  • @khuranalove
    @khuranalove Рік тому +1

    Hey Ishan, Thanks for sharing this knowledge. What’s your thoughts about FTMO?

  • @rupindersingh1312
    @rupindersingh1312 Рік тому +1

    thanks a lot Eshan for this video
    BTW are u from india ?

  • @nipunrajapakshe4064
    @nipunrajapakshe4064 Рік тому +1

    Does between two myforexfunds can copy trade like this. Isn’t it breaching the rules of them? Pls need answer 😊

  • @BecomingProfitable
    @BecomingProfitable 10 місяців тому +1

    Thank you greatly for a nice video! But what about price differences for indices etc? set SL and it can kick you off as different brokers may have different prices? Thanks again

  • @newdawncrypto5224
    @newdawncrypto5224 Рік тому

    I am very inspired Eshan, you make managing funded accounts very easy

  • @adegbolahanodulana
    @adegbolahanodulana Рік тому +3

    what happens with price differences across the different brokers? how do you handle that?

    • @danielhoodracing
      @danielhoodracing Рік тому +1

      I have not been able to find and answer to this either. I think the only solution is to use prop firms that use the same broker.

    • @adegbolahanodulana
      @adegbolahanodulana Рік тому

      @danielhoodracing thought so too.

  • @aaronsital7078
    @aaronsital7078 8 місяців тому

    You are a God send🙏🏾 peace and prosperity bro✨

  • @emeraandhanshe5954
    @emeraandhanshe5954 Рік тому

    Bro thx for making this video. I have been trying to find someone to help me do this and ther is not much help out there. You have simplified this very well. Thx.

  • @TradingAlliance
    @TradingAlliance Рік тому

    Hey mate, good video!
    I’m using the same trade copier.
    Is the calculation still the same if i’m risking 0.5 on one account and 1% on the other account if both the account balances are different? Say one account is 200k and the other account is 300k
    Would i still put 2 in the multiply by balance section?

  • @michaeltan295
    @michaeltan295 11 місяців тому

    Hi mate,
    Thanks for this video.
    However im a bit curious if you have different broker. Then u copy only 1 slave. Is it still possible to execute? Or should be same broker only?

  • @iam_chimere
    @iam_chimere 9 місяців тому

    Very nice video.
    Do they charge for subscription?

  • @rolandlopez7763
    @rolandlopez7763 Рік тому +1

    This is Brilliant! Didn't know one could do this! Thanks a lot!

  • @steph_flx
    @steph_flx Рік тому +7

    How do you manage the different leverages per prop firm.

    • @zayfirstplace
      @zayfirstplace Рік тому

      probably just by keeping risk in check

  • @BenjaminLiedtke
    @BenjaminLiedtke 4 місяці тому

    Sorry but I have a couple of questions. I can get really good signals at times from the group I'm in. Are you allowed to copy a trade into your master that you then send to the slaves?
    And the risk multiplier by balance seems easiest, but can you set the risk in your master account quickly by a percent figure, or do you have to calculate by lot size and figure out your percentage. Cuz that's key right with prop firms, watching your percent. Well and drawdown

  • @kkrishnanunni857
    @kkrishnanunni857 5 місяців тому

    thank you for the simple but educative video

  • @ArtiBhuvneshVairagi
    @ArtiBhuvneshVairagi Рік тому +3

    Bro I want that you have to made a video on which prop firm allows trade copier
    As a slave they allow or as a master they allow

  • @rickyrc89
    @rickyrc89 8 місяців тому

    Is the Blue Guardian a good pro firm! Do they pay on time?

  • @qwaity
    @qwaity Рік тому +4

    Thanks Bala but U didn't tell how can we get the Trading copying app or website ?

    • @EshanBala
      @EshanBala  Рік тому

      It is a web based software - www.socialtradertools.com

  • @priesty339
    @priesty339 Рік тому

    Thanks so Much for the video.
    Please what's the name of Trade Copier u Use and how Can i get One. Thanks

  • @DelbertColumbus
    @DelbertColumbus 11 місяців тому

    Eshan, great strategy even for someone that does not have the time to learn how to trade so my question is, can you refer me to a successful trader that allows non-traders to add a prop account to their trade copier? Ty

  • @myungwoods4031
    @myungwoods4031 7 місяців тому

    In copy trade if 10 account can you mix them with Forex and in the US 30? Or need divided one for Forex and us30? Or do you need to brokers one for each? Thank you.

  • @nshimiyimanamartin3886
    @nshimiyimanamartin3886 4 місяці тому

    Thia is good video, i saw somewhere in the video about slippage, how does the master or slave account handle the slippage if there is some on one side when you're using trade copier? Thanks

  • @ridonetech4890
    @ridonetech4890 7 місяців тому

    Does the software works on phone ??
    I mean if you don't have a PC can you set the trade copier ??

  • @REX_FX_3
    @REX_FX_3 9 місяців тому +1

    bro your master account is 100k and you have 400k as salve account so will it be 0.25 % on a 400k ? or it just manage the risk automatically as 1% by analyzing the balance

  • @thelifeofpaladin
    @thelifeofpaladin Рік тому +2

    Great video skilled funded traders next 👀

    • @EshanBala
      @EshanBala  Рік тому

      Thanks Paladin! Definitely in the future 💪

  • @Amlish1
    @Amlish1 Рік тому +1

    If I have 200k master account and 50k slave account. and I want to take 1% risk in each trade, what settings should I make in trade copier? If I set it to 1, will it buy same slots in slave account or will it adjust according to the equity, i.e 50k?

  • @karthiskb
    @karthiskb Рік тому

    Thank you for end to end guide, it will surely help a lot

  • @gulaparonniejose2072
    @gulaparonniejose2072 3 місяці тому

    Hey boss what's the platform you use for the trade copier?

  • @SyaifulSoemarsono
    @SyaifulSoemarsono Рік тому +2

    Helo ehsan... my forexfound scam now.. how about it?

  • @rufdymond
    @rufdymond 10 місяців тому

    How do you find this copier handles slippage, and the differences between broker feeds. With every copier I’ve ever used this can sometimes be a problem especially with stop loss settings. The way I’ve gotten around=d this is to not copy the SL or TP to the slave accounts and rely on the master closing the trades on the slave accounts.

  • @DR-999
    @DR-999 Рік тому +1

    What is your view/opinion on the future of prop trading after MFF debacle ??

  • @Studentofthemarket1
    @Studentofthemarket1 Рік тому +1

    Can you have multiple master account. Or the master account can only be one?

  • @XaniyacadeGureey
    @XaniyacadeGureey Рік тому +1

    can i use trade copier with 2 challenge phase 1 pleas ? OR ONLY CAN USE FUNDED ACCOUNTS

  • @markanthony2216
    @markanthony2216 Рік тому +3

    I have been waiting for this, thanks a lot bro

  • @Stanley594
    @Stanley594 Рік тому

    Great video. I watch several youtube videos on how to trade in the market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands

  • @ppcexplore5393
    @ppcexplore5393 8 місяців тому

    Good tutorial mate, you just made me signed up on socialtrader and your youtube. Keep it up mate.

  • @rtrtanmayazrzone-8179
    @rtrtanmayazrzone-8179 3 місяці тому

    Can we use trade copier for FTMO without any trouble from their side?

  • @rasheedhamid8146
    @rasheedhamid8146 Рік тому

    Thanks this is really nice, but please if am using Robot on my master account will it also copy on the slave account?

  • @josephammon715
    @josephammon715 Рік тому +5

    I was an unexperienced trader and i lost over $30K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $5k profits weekly. Thanks so much Mrs Judith M Layton

  • @albertoguinea9504
    @albertoguinea9504 2 місяці тому

    Hello, dont you have any issue with IPs ?
    normally prop firms have rules regarding IPs, or 3rd party management ( specially this last one can be used as excuse to close your account if there are accounts from different owners sharing IP, in this case, the public IP of Social Trader or any other trade copier.

  • @jamasst8153
    @jamasst8153 Рік тому +3

    Needed this, thank you.

  • @Anonym-mv1ox
    @Anonym-mv1ox Рік тому

    Hi, thanks for the video!
    Does that also work with MT5 and CTrader?

  • @js-dl8ul
    @js-dl8ul Рік тому

    nice clip, i am like scalper is there no delay between master and slave accouts? and is it only working for Forex, how about Futures accounts?

  • @adedejivictor8096
    @adedejivictor8096 Рік тому +2

    Thanks for the video Eshan. It was really helpful

  • @waldi0075
    @waldi0075 Рік тому

    If you placing trades from trade copier with funded accounts. Then from where physically the trades are placed? - Because a lot of prop firms doesn't allow different IP adresses?

  • @gabgomez
    @gabgomez 11 місяців тому +1

    how to you deal with slippage and price difference? I see there is always a difference between brokers-firms

  • @jaynegi3441
    @jaynegi3441 8 місяців тому

    hey just wanna ask you if this took works for all propfirms? i mean what happen if they block my account if i linked it with social trader tool. specially a propfirm named "funding pips". please reply

  • @desmonddidacus956
    @desmonddidacus956 Рік тому +2

    What should I do if the prop firms have different asset names for a particular pair.. Example DAX 40 Can be seen on other accounts as Dax 30, Ger 30, Ger 40.. So how do we set it up in this case?

    • @shiningstar958
      @shiningstar958 Рік тому

      You can adjust accordingly in trade copier

  • @amostofi1999
    @amostofi1999 Рік тому +2

    But what style of trading do you use? Like which courses did you take? Most of us can't pass a challenge and managing several accounts is just not something we need to learn at this point.

  • @adxmalad4675
    @adxmalad4675 Рік тому

    Best way of explanation

  • @panopsata3038
    @panopsata3038 Рік тому

    Hi just a question so you don't really need to copy SL/TP to your slave accounts since once you close it either with trailing stop or being stop out it will close either way?

  • @usmanperwaiiz
    @usmanperwaiiz 5 місяців тому

    Hi Eshan, i have a prop account that has Drawdown by balance, and 1 that has draw down by equity. Any ideas on how this can be managed on a trade copier please, i appreciate any help

  • @analysewithnitin
    @analysewithnitin 8 місяців тому

    Brother , different prop firms have different brokers , which have different price for the same security (cfd) which means I put a stop loss on us30 from my master account it could trigger on other brokers and not on others . So how do you tackle this ?

  • @kingattitude6211
    @kingattitude6211 Рік тому +3

    my english is bad but i understood the meaning of the video and thanks for sharing this video i have 5 funded accounts 3 MFF and 2 funded next 2 acounts are 50k and 3 accounts are 200k

    • @EshanBala
      @EshanBala  Рік тому

      Nice one! Keep going strong 💪

  • @avinashdasan8134
    @avinashdasan8134 Рік тому

    Hi after adding the account, when the account is live, where can we see the live data, on which platform...

  • @xsedra1
    @xsedra1 10 місяців тому

    Hey man! Youre a big inspiration keep it up! Im using funded engineer and true forex funds but it just wont copy over correctly (im trading NAS, SPX and Oil) Is there a possibility that you or someone you know can help me with this?

  • @priesty339
    @priesty339 Рік тому +2

    Is it possible to make the same lotsize on the master account appear on the Slave Accounts. Eg: If I use 1lot on the master account, I still want 1lot to appear on the slave account. Is it possible?

    • @ratracenation
      @ratracenation Рік тому

      Absolutely! Most trade copiers, including the one you're referring to in the video, have an option to maintain the exact lot size from the master to the slave accounts. Instead of using risk percentage or equity proportionality, you'd typically choose an option like "fixed lot size" or similar. This way, if you place a trade with 1 lot on your master account, the slave account will also execute the trade with 1 lot, regardless of account size disparities.
      By the way, a little side note: when I was navigating some challenges, I chanced upon a site called 100kpass which passes for you. Just a tidbit if you're ever on the lookout for ways to enhance your trading journey. Always focus on understanding tools and settings like these, though! Happy trading! 🚀📊

  • @TheElitess
    @TheElitess 7 місяців тому

    does the trade copier work only for Forex ???

  • @natetubetv5006
    @natetubetv5006 3 місяці тому

    hi there, were you able to get pay out at TFF now that the company has been ceased.?? i hope you did.

  • @JamesKarekezi
    @JamesKarekezi Рік тому

    Which prop firm do you recommend for small account?

  • @danielfrancis8097
    @danielfrancis8097 Рік тому +2

    I execute my trade on the 1minute time frame using tiny sl. That's my style of trading would it be advisable for me to use trade copier on my prop firm account ?

  • @zeeali7463
    @zeeali7463 Рік тому +3

    Awesum bro , God bless

  • @tiagocorreia9725
    @tiagocorreia9725 11 місяців тому

    Can the tool just copy the same % on the main account and do it on the other? For example main account has 10k and risk is then 100 and then I have another ACC with eur 100k and risk is 1k?

  • @reasonablelogic2
    @reasonablelogic2 11 місяців тому

    So on Ninja Trader I can trade on Apex and Topstep at the same time? How does Rythmic trader keep track of it all?

  • @primoalchemyfx
    @primoalchemyfx Рік тому

    hello sir question if i have two 50k accounts how can i have them take the same trade same lot with the risk multiplier would have to be 1 right ?

  • @sfkhan570
    @sfkhan570 Рік тому +1

    What is your strategy?

  • @techfactsglobal2571
    @techfactsglobal2571 Рік тому +4

    The main issue with copier is how do you manage the slippage and what timeframe is your trading bro?

    • @ToxxicMafia
      @ToxxicMafia Рік тому +1

      Hence you shouldn't copy the stops and limits.

  • @KurrencyFreak
    @KurrencyFreak Рік тому

    What if you trade indicies?

  • @joshjunior5421
    @joshjunior5421 6 місяців тому +1

    What if I want to risk 1% on all my accounts
    What should I imput on my master account to copy to my slaves accounts

  • @MindsetUnity
    @MindsetUnity Рік тому

    Can we use trade copier between different propfirm like you do but with different names i mean how propfirm can know this ? they don't share data with between each other right?

  • @Web3.Blockchain.Legacy
    @Web3.Blockchain.Legacy 8 місяців тому

    Can I use it for the Nova Funding prop?

  • @zemjo8807
    @zemjo8807 Рік тому

    Hi, i can see that you can connect to TFT. I have connected mine however when i tried to open position, it doesnt work and i received an email that the Automated trading disabled on broker server. Could you advice on this issue? thanks

  • @thimalkaakesh9730
    @thimalkaakesh9730 Рік тому +2

    Can we change the SL and TP or close position of slave account manually without using master account ?

  • @Lady_Forex_Trader
    @Lady_Forex_Trader Рік тому

    Wats ur main thing that keep u profitable bro Eshan ?

  • @TheOraclesVerdict
    @TheOraclesVerdict Рік тому

    So, if I use this, does SOCIAL TRADER TOOL REGISTER ANOTHER IP ADDRESS?

  • @lugonvudennis9286
    @lugonvudennis9286 Рік тому +1

    the link of that trade copier and how much are the packages?

  • @Jet23ish
    @Jet23ish Рік тому +3

    can you only use this for prop firm accounts or can I use it with a broker account and mix it up with prop firm accounts

  • @ariabedhin1610
    @ariabedhin1610 Рік тому

    Hey does that work for indices so if i places nasdaq on one even tho its called something else on another prop firm will it work