I have an interesting use case.
Say I have a MetaStrategy or a group of strategies I want to trade.
In my case, I have money in a taxable account and non-taxable yet I want to trade them identically.
Today I think I can only do that if I would either have 2 meta strategies or change the account in-between submitting orders. Or, if I use Strategy Monitor, have the strategies in their 2x one for each account.
Maybe a feature to be able to have multiple accounts would fix that. I realize it's a bit of a dark rabbit hole to drop in if accounts are different size, etc.
But would be a helpful feature if it's not there already.
Say I have a MetaStrategy or a group of strategies I want to trade.
In my case, I have money in a taxable account and non-taxable yet I want to trade them identically.
Today I think I can only do that if I would either have 2 meta strategies or change the account in-between submitting orders. Or, if I use Strategy Monitor, have the strategies in their 2x one for each account.
Maybe a feature to be able to have multiple accounts would fix that. I realize it's a bit of a dark rabbit hole to drop in if accounts are different size, etc.
But would be a helpful feature if it's not there already.
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QUOTE:
I have money in a taxable account and non-taxable yet I want to trade them identically.
You might ask your broker if you can setup "baskets" across accounts to facilitate this. So you want to have one giant basket encapsulate an entire account so it can mirror another?... That's an interesting use case. Will the broker support such a configuration?
And you're saying the time horizon for stocks in both the taxable and non-taxable accounts are the same? (I would have expected one account would be for short-term "value-oriented trading" trades and the other for long-term "growth-oriented investment" trades, but I'm not an estate planner.)
Also, careful of washsale rules if it's an IRA.
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