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Forum Having accounts at multiple different platforms Reply To: Having accounts at multiple different platforms

Chas Downard

LEVEL 2 : NOVICE

REVIEWS 7 | REPLIES 3

#1785

inthemoneynow

September 1, 2015 at 11:21 am

I don’t do it anymore and I will tell you why. I had this issue before when i tried to trade 3 accounts at once and ended up blowing all of them because i was trying to do too much at one time. I would get a signal and then place it on all accounts and things went well for a bit, the only problem is I was using a martingale strategy and the brokers had different slippage and servers so they never had the same prices! The result in the end was me ending up more frustrated than anything.

At the end of my trading days I would compare the results of all my different accounts and they were always different and each day it got worse losing more and more profit. Moral of the story is if you are going to do this do not be greedy or you will end up broke, and I think this type of style is best left for the more experienced trader.

I hope this answered your question and welcome to the forum.

-Chas D.