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Copy Trading Percentage or Multiplier

Feature RequestRisk ToolsCopy TradingTradingCommunityPlatform

Reason for Percentage:

  • What it means: If you set a percentage for copy trading, you are specifying how much of each trade the trader you're copying will be mirrored in your account.

  • Example: If the trade account “A” you are copying makes a trade worth $1,000, and you set your copy trading account “B” percentage to 50%, your account will execute a trade worth $500 (50% of $1,000).

Multiplier:

  • What it means: A multiplier increases or decreases the size of trades relative to the trader you're copying. Instead of copying the trade exactly, you multiply it by the specified factor.

  • Example: If the trade account “A” you are copying makes a trade worth $1,000, and you set your multiplier to 2x, your account “B” will execute a trade worth $2,000 (twice the amount of the original trade).

Key Considerations This Will Serve:

  • Risk Management: Both the percentage and multiplier settings allow you to manage risk by adjusting the size of the trades copied to your account. A lower percentage or multiplier reduces exposure, while a higher one increases it.

  • Account Size: Consider your account size when setting the percentage or multiplier to ensure that you don't risk more than you're comfortable with.

Posted by Timotheus Schuchner ·
Status: Added to Backlog9 comments

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Comments9

  • Guido Sleddens

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    Sep 30

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    Merged request

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    9 votes

    Different accounts copy induvidual amounts of orders

    I would like to be able to set the amount of copy trades per account.

    Leader = 1

    follower = any amount and vice versa.

    thanks!

    • HandyOne

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      Aug 17, 2024

      Would like to set leader at 3 contracts and followers at lower risk (2,1). This way a mistake does have as big an impact on all accounts.

  • Khian

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    Jun 10

    •

    Merged request

    •

    2 votes

    COPY TRADE MULTIPLIER

    IE. LEAD ACCOUNT ( 50K ) RISKS 1MINI AND FOLLOWER ACCOUNT ( 100K ) RISKS 2 MINIS

    • steven macleod

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      Jun 10

      •

      Merged request

      •

      2 votes

      Please add multiplier to copy trader

  • Erickson Norum

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    Jun 10

    •

    Merged request

    •

    7 votes

    couple platform requests

    • gain access to your tradingview account through your tradingview charts via topstepx platform then we can gain access to any thirdparty indicators that we may have paid for or are free

    • (already posted this one i think) be able to have a favorites list that we select for instruments so we can one click change the chart to which ever instrument we would like to look at, same idea as favorite time frames

    • copy trading section to be able to copy trade with options such as if you open a position with one lot on the NQ then maybe it will copy 5 micros on MNQ to a smaller account, kinda same concept that repliknato has for ninjatrader………would just like to move towards only using topstepx and not having other platforms open just for access to one indicator or feature, food for thought

  • Nope

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    Dec 20, 2024

    This x10000000. All other platforms have this as a minimum.