there is an alternative(but yea u need the sm. cant do it without it). This was the original way of doing it. lots of people had trouble with clicking the white finger again cuz they get that ASCII message with (9) in it and it just closed their first sro window too. this is what you do.. (need a working sm first)
make a shortcut of your sro_client.exe
right click - properties
under TARGET write this: "C:\Program Files\Silkroad\sro_client.exe" 12340 /18 0 0
(change the dir to yours if its somewhere else, and YES include those numbers with the spaces and everything. in otherwords, COPY IT EXACTLY (i believe you can change the numbers if you want but it makes no difference so just use mine))
now, start your first window normally via the white finger
once that window is open, minimize it or show desktop or something and double click on this new shortcut that you made. now you have 2 clients open and they can also both bot. you can also triple bot or quad bot or whatever
^_^ have a nice day