The Availability of Fractional Shares for Traders

Fractional shares allow investors to buy a portion of a stock, making high-value stocks more accessible. This guide explores how fractional shares work, their benefits and limitations, and how TradersPost integrates with brokers that support them.

Tom Hartman

July 4, 2024

Using TradersPost Trading Window Feature

TradersPost’s Trading Window feature helps traders optimize their trading activities by specifying hours for opening positions. While positions opened within this window can be closed outside of it, future enhancements may allow more flexibility in exit strategies.

Tom Hartman

July 3, 2024

Understanding the “Limit to TradingView” Feature

The “Limit to TradingView” feature enhances security by restricting signals to originate solely from TradingView, ensuring authenticated trades. Understanding its purpose and navigating common issues can help traders maintain effective automated trading systems.

Tom Hartman

July 2, 2024

Understanding Market Orders vs Stop Market Orders in Automated Trading

Market orders ensure immediate trade execution at the best available price, while stop market orders trigger a market order once a specified price is reached, providing strategic control for managing trades. Understanding these differences enhances trading strategies and risk management.

Tom Hartman

July 1, 2024

Understanding Race Conditions in Automated Trading

Race conditions can significantly impact the reliability of automated trading systems by causing unpredictable behavior due to timing issues. Implementing synchronization mechanisms and precise timestamping can help mitigate these challenges.

Tom Hartman

June 30, 2024

Using Position Offsets in Automated Trading Strategies

Using position offsets in trading strategies involves adjusting entry or exit points relative to signal prices, enhancing precision and risk management. This technique can help avoid false breakouts and improve trade execution quality when implemented correctly.

Tom Hartman

June 29, 2024

Action Exit vs. Sentiment Flat: Key Differences Explained

The difference between "action exit" and "sentiment flat" lies mainly in compatibility with TradingView. While both exit a position, "sentiment flat" ensures correct trade interpretation on TradingView, whereas "action exit" offers a simpler approach.

Tom Hartman

June 28, 2024

Trading Stock Market Indices

Trading indices provides diversification and insights into market trends through methods like index options and ETFs, allowing traders to utilize strategic approaches for optimal results.

Tom Hartman

June 28, 2024

Trading Continuous Futures Contracts from TradingView on TradersPost

When algo trading futures contracts, it’s essential to understand how continuous contracts are rolled over on different platforms.

Mike Christensen

June 18, 2024

Should You Algo Trade? An Honest Discussion on Active vs Passive Investing

We tackle a question that many aspiring traders grapple with: if 80% of retail traders fail, is it ever advisable to trade? Tom and Mike dive deep into the nuances of trading, the appeal of active investing, and the realities of market participation.

Mike Christensen

June 18, 2024

The Reliability of Paper Trading: Insights and Best Practices

Paper trading provides a risk-free environment for testing strategies, but discrepancies like slippage and commission fees can lead to differences between simulated and live trading results. To bridge the gap, incorporate realistic costs and conduct walk-forward testing with real capital to validate strategies under actual market conditions.

Tom Hartman

June 18, 2024

Updating TradingView Alerts: Avoiding Common Pitfalls

TradingView alerts are based on the initial copy of your script, meaning any changes to your strategy won’t update existing alerts. To keep your alerts accurate, either recreate them or rotate the alert source to reflect the latest strategy settings.

Tom Hartman

June 17, 2024

Why Do Strategies Perform Better on Higher Time Frames?

Higher time frames offer the benefit of smoothing out market noise and providing more reliable signals, whereas lower time frames can be plagued by volatility and transaction costs. Understanding these differences is key to developing consistent and effective trading strategies.

Tom Hartman

June 16, 2024

Why Some Traders Prefer ETFs Over Single Stocks

Opting for ETFs over individual stocks offers the benefits of diversification, reduced risk, and consistent returns. ETFs provide broad sector exposure and lower volatility, making them a cost-efficient and stable choice for many investors.

Tom Hartman

June 14, 2024

How to Handle Broker-Related Issues with TradersPost

TradersPost will reach out to brokers to address platform-related issues affecting multiple users, but for account-specific problems, users must contact their brokers directly. Leveraging our AI-driven documentation can provide quick solutions to many common questions.

Tom Hartman

June 14, 2024

Limiting Your Strategy to Only Execute the First Buy Trade

Limit your trading strategy to only execute the first buy trade by adjusting the 'Allow Add to Position' setting in TradersPost. This prevents overtrading and simplifies position management, ensuring a disciplined trading approach.

Tom Hartman

June 14, 2024

How Long Does It Take to Receive a Payout from the Affiliate Program?

Our affiliate program issues monthly payouts with a current minimum threshold of $100, but we are exploring more flexible options for smaller balances. The process is designed to be straightforward and efficient, ensuring affiliates receive their earnings promptly.

Tom Hartman

June 14, 2024

Managing Access and User Accounts on TradersPost

Managing access to TradersPost and broker accounts requires careful adherence to broker policies to avoid violations and liabilities. Utilizing TradersPost’s user account feature ensures secure and efficient account management.

Tom Hartman

June 14, 2024

Coding Time-Based Trade Management in Pine Script

Managing trades based on specific times in Pine Script allows traders to comply with trading rules and avoid holding positions during restricted periods. By setting up time-based trade management in TradingView, traders can ensure reliable execution and maintain their trading strategies effectively.

Tom Hartman

June 13, 2024

Leveraging AI and Machine Learning in Automated Trading Strategies

Integrating AI and machine learning into trading strategies can revolutionize how traders generate ideas, develop strategies, and execute trades. By leveraging AI for real-time market analysis and strategic refinement, traders can enhance their decision-making and optimize performance in a rapidly evolving market.

Tom Hartman

June 12, 2024

Using Private TradingView Indicators to Send Signals to Your Broker

Custom TradingView indicators can be used to send signals to TradersPost for seamless trade execution. With the right setup, traders can automate their strategies using private indicators, providing a significant edge in algorithmic trading.

Tom Hartman

June 11, 2024

Generating Opposite Alerts in Trading: A Comprehensive Guide

Generating opposite alerts, which involves reversing the direction of trading signals, offers a unique approach to diversification in trading strategies. While intriguing, this method demands a well-researched trading plan and robust risk management to be effective.

Tom Hartman

June 10, 2024

Understanding Bracket Orders: Maximizing Trade Efficiency and Minimizing Risk

Bracket orders streamline trading by allowing simultaneous entry, take profit, and stop loss orders, minimizing risk and ensuring a structured exit strategy. Recent platform updates enhance their functionality, offering greater flexibility and control for traders seeking automated risk management and profit-taking mechanisms.

Tom Hartman

June 9, 2024

Efficient Position Management with TradersPost: Simplifying Your Trading Experience

Managing trading positions can be streamlined with TradersPost, which treats each ticker as a unified position for simplified entry and exit signal execution. By automatically tracking your holdings in real-time, TradersPost enhances trading efficiency and reduces the risk of errors.

Tom Hartman

June 8, 2024

Enhance Your Trading with Customizable Order Types in TradersPost

With the latest update to TradersPost, you can now control the order type directly from webhooks using the new orderType field. This optional field allows you to specify the type of order—market, limit, stop_limit, stop, or trailing_stop—providing greater flexibility and precision in your trading strategies. If not specified, the default order type configured in your strategy subscription settings will be applied. Explore how to use each order type with practical JSON examples, and take your automated trading to the next level.

Jonathan Wage

June 4, 2024

Introducing Quantity Types in TradersPost Webhooks for Dynamic Order Sizing

With the new quantityType field in TradersPost webhooks, you can now dynamically calculate order sizes directly from your webhook signals. This enhancement allows you to specify quantities using methods such as fixed quantities, dollar amounts, risk-based amounts, percentages of equity, and percentages of open positions. Discover how each quantityType value works with practical examples for seamless integration into your trading strategies.

Jonathan Wage

June 4, 2024

Enhancements to Options Support in TradersPost: Advanced Control with Webhooks

We're excited to announce significant improvements to the options trading capabilities in TradersPost. These updates include enhanced control over option chain scanning via webhooks, the ability to specify exact options contracts, and more. These features aim to provide traders with greater precision and flexibility in their automated trading strategies.

Jonathan Wage

June 4, 2024

Enhancing Your Trading with Tradovate: Introducing Trailing Stops

We are excited to announce that Tradovate now supports trailing stops, a powerful tool to help you manage risk and lock in profits. In this post, we'll guide you through the process of using trailing stops with Tradovate, including how to set up your webhook JSON to ensure accurate order calculations. Discover how to enhance your trading strategy with this new feature.

Jonathan Wage

June 4, 2024

Trend Lines for Algorithmic Traders

Tom Hartman

May 3, 2024

TradersPost Now Integrates with Bybit Crypto Exchange

We are thrilled to announce a new integration that will expand the capabilities of our platform and enhance the trading experience for our users. TradersPost now supports the Bybit crypto exchange, adding to our growing list of supported exchanges. This integration is a significant step forward in our mission to provide seamless and comprehensive trading automation for all traders.

Jonathan Wage

April 27, 2024