For active traders managing multiple accounts, efficiency and accuracy are non-negotiable. Manually entering the same trade numerous times can lead to order errors, take time away from research — and is especially costly if making short-term trades during volatile periods. If you’re using NinjaTrader across multiple accounts, you need a trade copier. Our Duplicate Account Actions is one of the best.
Unlike basic trade copiers, Duplicate Account Actions provides a highly flexible, professional-grade solution that caters to complex strategies, account-specific rules, and dynamic risk management. Whether you’re replicating trades across client portfolios or syncing multiple personal accounts, our advanced copier lets you focus on trading rather than entering the same order several times.
What Is Duplicate Account Actions?
Duplicate Account Actions (DAA) is an advanced trade copier for active traders using NinjaTrader, or a similar platform. The copier lets you replicate trade orders across multiple accounts, with many custom parameters for each account. Trades are copied from a “master account” to “follower accounts,” which could be one or several.
Where Duplicate Account Actions stands apart from most trade copiers is in the flexibility it offers. Some of the options you have are:
- Order Duplication: Not every order should be replicated in every account. In fact, some orders might not be possible in certain accounts. Brokerages might not allow penny stocks, some IRAs may not allow futures or derivatives, and shorting isn’t feasible in many cash accounts.
Choose which types of orders get replicated in each of your accounts. Duplicate trades across all accounts, across some accounts, or in just one follower account.
- Position Sizing: Trades should be scaled for each account’s balance, but sometimes you may also want to adjust position sizing for other reasons. For example, different risk management or trading strategies could call for different position sizes across accounts.
DAA lets you set position sizing rules for each follower account. Each follower can have a different fraction (if smaller) or multiplier (if larger) of the master account’s trade.
- Risk Management: Properly managing risk across accounts requires adjusting protections based on individual account risk levels. A moderate day trading account might be alright for larger short-term trades, but those trades probably shouldn’t be too big in a retirement account.
With DAA, you have complete control over risk management for each follower account. Customize rules according to how substantial losses you’re willing to take.
Not only are these options good when trading several of your accounts, but they can also be used to set custom parameters for multiple client accounts if you manage others’ portfolios.
Designed for Highly Advanced Strategies
Whether you’re ready for a professional trade copier like Duplicate Account Actions depends partly on how advanced your multi-account trading strategies are. Do you know how to hedge, use tiered entries and exits, or use OCO logic? If the answer to any of those questions is “yes,” then it’s likely time to use a professional-grade NinjaTrader trade copier.
Some of the more advanced orders and strategies that DAA can manage include:
Bracket Orders
Set multiple stop losses and profit targets, nesting one within the other. You can also adjust the stop loss type and position for each account. Tighten these rules for accounts with limited risk tolerance, or loosen them if comfortable with a higher risk-return calculation.
Hedge
Hedging is an essential component of many more advanced risk management strategies. Taking opposite positions can minimize losses when trades go wrong, and advanced assets like derivatives may provide decent protection for relatively little capital.
You might not want to hedge positions in the same account where you take them. Sometimes accounts don’t let you hedge with opposite positions (e.g., a retirement account might not allow shorting), and other times you may want to keep hedges separate for clarity and simplicity.
DAA lets you place inverse orders in follower accounts. If you take a long position in a master account, use a follower account for a smaller short position. This is especially easy since follower accounts’ orders can be a fraction of the master account’s order.
One Cancels the Other
One-cancels-the-other (OCO) orders are a key component of hedging strategies. When a trade is successful, you’ll want to exit the smaller hedge at the same time you take profits.
With Duplicate Account Actions, OCO orders can be automatically set up. They’ll also be automatically executed, so you don’t have to worry about checking that hedges or inverse positions are canceled when you exit.
Full Integration With Trading Platforms
DAA is easy to fully integrate with the most popular equities, derivatives, and futures trading platforms. Use Duplicate Account Actions for NinjaTrader, or on ThinkorSwim, TradingView, Tradeovate, and Rithmic.
The advanced trade copier will work with all linked accounts on these platforms, and it’ll seamlessly fit in with your current trading setup. There’s no need to open other windows, switch between accounts, or otherwise flip-flop across accounts when you trade. Simply set up each follower account’s parameters and then make your moves in the master account — they’ll be copied as you’ve determined.
Two Modes of Operation
Depending on your preference, Duplicate Account Actions offers two modes for replicating orders:
- Executions Mode: Follower accounts submit market orders based on the execution of trades in the master account. This keeps accounts in close sync but may result in slight fill price differences due to market fluctuations.
- Orders Mode: Replicates master account orders as working orders in the follower accounts. These maintain their independent exit strategies and can be canceled or modified individually.
Upgrade Your Multi-Account Trading Software
Whether you trade for clients, hedge across accounts, or maintain several strategies in parallel, Duplicate Account Actions will upgrade your game. Download the software today, and begin using Duplicate Account Actions with NinjaTrader or another trading platform tomorrow. You’ll have to set up the master account, follower accounts, and parameters before you start using it.