Trading multiple evaluation accounts offers several advantages:
Risk Distribution:
By spreading your trades across multiple accounts, you minimize the impact of any single loss. This helps reduce the chances of hitting the trailing threshold drawdown on a single account.Flexibility with Contracts:
Managing multiple accounts allows you to trade more contracts without maxing out one account. This gives you greater control and flexibility over your trading strategy.Mental Benefits:
Splitting potential losses across several accounts can mentally ease the burden, making it easier to stay focused and stick to your trading plan.
To purchase additional accounts, simply log in to your members' area and subscribe to another account. You can have up to 5 Pro Accounts under a single Rithmic user ID, but be mindful not to create multiple Rithmic user IDs using different email addresses, as this can result in account termination.
Trade Copier:
Please note that Day Traders does not provide or support trade copier tools. If you choose to use one, you must reach out to the vendor directly for any issues or questions. Use these tools at your own risk.