In the world of trading, efficiency and precision are key. If you’re looking to streamline your trading process across multiple accounts, PickMyTrade offers an innovative solution. This guide will walk you through how to place trades in multiple sub-accounts using a single alert, ensuring you can manage your trades effectively without the hassle of logging into each account separately.
🔍 Understanding PickMyTrade
PickMyTrade is an automated trading platform that allows users to manage multiple trading accounts seamlessly. With this service, you can set up alerts that trigger trades across various accounts simultaneously. This feature is particularly beneficial for traders who want to optimize their strategies without the need for constant manual intervention.
📈 Setting Up Your Trading Accounts
Before diving into the alert setup, it’s essential to have your trading accounts ready. If you have multiple accounts, like AP001 and AP002, you can manage them all from a single trading login. Here’s how to set them up:
- Log in to your PickMyTrade account.
- Ensure that all your sub-accounts are linked to your main account.
- Familiarize yourself with the interface for generating alerts.
⚙️ Generating Alerts for Multiple Accounts
Now that your accounts are set up, it’s time to generate alerts. This process is straightforward. Follow these steps:
- Navigate to the alert generation utility.
- Select the strategy you want to use for trading.
- Choose the option to add multiple accounts.
Once you’ve selected the multiple accounts option, you will proceed to add each account:
- Input the account name (e.g., AP001) in the designated field.
- Set the quantity multiplier. If you want to maintain the same quantity as the alert, enter 1. For double the quantity, enter 2.
- Save your changes.
🔗 Adding More Accounts
If you have additional accounts, the process is similar. For example, to add AP002:
- Click on ADD USER.
- Set the quantity multiplier as needed.
- Save the changes again.
Once you have configured all your accounts, you can generate the alert. This capability allows you to trade across multiple accounts without needing to repeat the process for each one.
📋 Copying Alerts to Tradovate
After generating your alert, the next step is to copy it into your trading platform, such as Tradovate. Here’s how:
- Click on Generate Alert to create your alert code.
- Copy the alert code provided.
- Open your Tradovate account and paste the alert code into the appropriate field.
📊 Using Indicators for Alerts
In addition to strategies, you can also use indicators to set up alerts. The process is quite similar:
- Click on the option to add indicators.
- Select your desired indicator.
- Input the user token without needing to change any settings.
- Add the user account (e.g., AP001) again.
By following these steps, you can manage numerous accounts with ease, ensuring you never miss a trading opportunity.
🎯 Creating Alerts in TradingView
To finalize your setup, you need to create alerts in TradingView. Here’s a simple guide:
- Open TradingView and select the indicator you want to use.
- Paste the copied alert code into the notification section.
- Ensure everything is correct and click to create the alert.
This integration helps you stay organized and informed about your trading activities across all accounts.
🌟 Benefits of Using PickMyTrade
Utilizing PickMyTrade provides several advantages:
- Time Efficiency: Automate trades across multiple accounts without constant supervision.
- Streamlined Management: Manage all your accounts from a single interface.
- Increased Accuracy: Reduce the risk of human error by automating your trading process.
💡 Conclusion: Embrace Automated Trading
Automating your trading process with PickMyTrade is a game-changer for traders aiming for efficiency and precision. By setting up alerts that function across multiple accounts, you can focus on strategy and analysis rather than the intricacies of managing each account separately.
Join the automated trading revolution and optimize your investments with PickMyTrade, where expert strategies and real-time insights pave the way for smarter trading.
For more detailed guides, be sure to check out additional resources, including videos on setting up alerts and strategies, which can be found on platforms like YouTube.
PickMyTrade specializes in automating trading bots, enabling seamless strategy execution for futures from platforms like TradingView, across well-known brokers such as Tradovate.
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