How to Use Tradovate's Group Trade Feature

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!!!! As a precautionary note, we have heard users having issues with the group trading feature of Tradovate, and we caution all users that it may give them grief when trying to enter/exit positions. If you run into such a scenario, your best solution is to close out positions per account and not use the group feature. We appreciate that Tradovate made the feature available, but it is imperfect. Elite Trader Funding is not liable for errors caused by this add-on. !!!!

Tradovate's Group Trade feature allows traders to organize and trade multiple accounts more efficiently. Here is a detailed explanation of how to use this feature:

Access the Group Trade feature by clicking on the account dropdown menu to get started.

Within the account dropdown menu, you will find an option to launch the group editor.

The group editor will open, providing you with options to create new groups, manage existing groups, or remove groups. To create a new group, select the "Create New" option.

After selecting "Create New," you will be prompted to give the group a name.

Once the group is created, you can drag and drop accounts you can access and set quantities for each account within the group.

After configuring the group and assigning quantities to the accounts, you can select the group from the account dropdown menu. This will set the selected group as the active group for trading.

When the group is selected, the trading platform will enforce trading restrictions based on the quantities assigned to each account. Orders can only be placed in multiples of the sum of all accounts in the group.

After placing an order for the group, you can view all the positions for each account in the Position module. Similarly, the orders module will display the orders for each account in the group.

If you want to view orders and positions for an individual account, simply de-select the group in the account dropdown menu. This will filter the displayed information to only show data for the selected account.

When a group is selected, the DOM and Chart modules display the combined position of all accounts within the group, giving an overview. This allows for performing order management functions like market exits and order cancellations for the entire group.

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