Interesting Data on TradingView to Filter Trades

Leverage unique data on TradingView like the VOLI Index, top NASDAQ constituents, and Federal Reserve economic data to filter trades and enhance decision-making. These indicators provide additional insight into market sentiment and trends.

Tom Hartman

July 26, 2024

The Importance of Tail Events in Trading

Tail events, while rare, have a significant impact on markets. Understanding these events and preparing through strategies like hedging or opportunistic trading can help traders manage risk and capitalize on extreme movements.

Tom Hartman

July 25, 2024

Approach to Automated Trading Strategies During Earnings Seasons

During earnings seasons, traders either incorporate these events into their strategies or avoid them to reduce volatility. Robust strategies should account for earnings data, but pausing trades is an option for reducing risk.

Tom Hartman

July 24, 2024

Why Position Sizing is Considered More Important Than Stop Losses in Risk Management

Position sizing is more important than stop losses in risk management because it prevents catastrophic losses, especially during volatile markets. Proper sizing helps traders avoid deep drawdowns, making it easier to recover from losses.

Tom Hartman

July 22, 2024

Why Are My Initial Take Profit and Stop Loss Canceled When Taking Partial Profit on a Bracket Order?

Taking partial profit on a bracket order cancels the original take profit and stop loss because the position size changes. To resolve this, submit new orders for the remaining position after each partial exit.

Tom Hartman

July 21, 2024

Why Does My Dashboard Show Enough Buying Power, But My Trade Gets Rejected for Insufficient Funds?

Your dashboard may show enough buying power, but trades can still be rejected due to insufficient margin. The dashboard reflects available cash, not the margin required by the broker for each trade.

Tom Hartman

July 20, 2024

Assessing the Value Provided by Signal Groups

Signal groups offer learning opportunities and exposure to different market perspectives. Traders can gain insights into risk management and trading strategies but should be cautious of market unpredictability and always test signals before committing real funds.

Tom Hartman

July 19, 2024

How to Leverage Trading Knowledge to Make Money Elsewhere

Discover how to leverage your trading knowledge to create additional income streams beyond the markets. This post explores arbitrage opportunities, transforming goods for profit, utilizing risk management principles, and alternative investments. Apply your trading skills to make money in diverse and innovative ways.‍

Tom Hartman

July 19, 2024

Coding for a Trailing Stop That Activates After Reaching a Profit Target

To set up a trailing stop that activates after reaching a profit target in Pine Script, create a stop loss variable and update it once the price hits the profit level, using strategy.exit to dynamically adjust the stop loss.

Tom Hartman

July 18, 2024

Strategy Execution Timing: Completing Trades in Stages

Learn how to effectively manage and execute trading strategies in stages with this guide. Discover the benefits of staged execution, practical steps to implement it using TradersPost, and key considerations for maximizing returns and managing risk.

Tom Hartman

July 18, 2024

How to Start Trading and Make Money with Zero Knowledge

Embark on your trading journey with zero knowledge by following this comprehensive guide. Learn the basics, practice with paper trading, develop a solid trading plan, and start trading with real money while managing risk and continuously improving your strategies.

Tom Hartman

July 18, 2024

Key Considerations When Evaluating a Strategy Sold by Others

When evaluating a strategy sold by others, focus on understanding the thesis, checking its robustness over time, and ensuring it doesn’t rely on excessive leverage. Compare it to a buy-and-hold approach to assess if it truly adds value.

Tom Hartman

July 17, 2024

AGI’s Impact on the Future of Trading

Explore the potential impact of Artificial General Intelligence (AGI) on the future of trading. This comprehensive guide discusses how AGI might influence market volatility, trading strategies, and the role of human traders, along with ethical and regulatory considerations to ensure fair and beneficial market practices.

Tom Hartman

July 17, 2024

Evaluating Strategy Viability with Sharpe Ratio: A Comprehensive Guide

Tom Hartman

July 17, 2024

Use Limit Orders to Exit Positions for Better Control

Limit orders offer control over exit prices but may remain unfilled in illiquid markets. Using a combination of market orders, multiple exit signals, or trailing stops can help ensure better exits.

Tom Hartman

July 16, 2024

Placing Orders with OCO using TradersPost

Learn how to utilize Order-Cancel-Order (OCO) functionality in TradersPost to automate your trading strategies and manage risk effectively. This guide provides step-by-step instructions for setting up OCO orders, ensuring you can capitalize on market movements with ease.

Tom Hartman

July 16, 2024

Exceeding Position Limits: Shorting, Flattening, or Rejection Explained

Understanding position limits in TradersPost is crucial for effective trading. This guide explains how exceeding limits can lead to shorting, flattening, or trade rejections, and provides practical tips for managing these scenarios.

Tom Hartman

July 14, 2024

Forward Testing vs. Backtesting: Enhancing Your Trading Strategies

Forward testing can sometimes outperform backtesting by providing real-time validation of trading strategies in current market conditions. Learn how to effectively combine both methods to enhance your trading strategies and improve performance.

Tom Hartman

July 12, 2024

How to Use Trailing Stops on Options

Trailing stops are crucial for managing options trades by protecting profits and limiting losses. Learn how to use trailing stops effectively, ensuring your broker supports this feature, and integrate them into your trading strategy for better outcomes.

Tom Hartman

July 9, 2024

Troubleshooting Webhook Issues in TradingView: A Comprehensive Guide

Webhook alerts in TradingView are critical for automated trading, but occasional failures can disrupt trading strategies. This guide provides steps to troubleshoot common webhook issues, ensuring reliable and timely alert delivery to TradersPost.

Tom Hartman

July 8, 2024

Troubleshooting TradingView Alerts: Why They Appear in Logs but Not on Charts

Troubleshooting alert issues in TradingView requires a thorough understanding of how the platform processes alerts and the common pitfalls that can lead to discrepancies. By using standard charts, checking for repainting, ensuring alert synchronization, and monitoring data feed quality, traders can mitigate issues and ensure their alerts function reliably.

Tom Hartman

July 7, 2024

Options Trading: Understanding the True Cost

Understanding the true cost of options trading is crucial for avoiding costly mistakes and managing your trading capital effectively. By always calculating the total cost, checking margin requirements, and understanding the notional value, traders can make more informed and confident decisions.

Tom Hartman

July 6, 2024

Trading Strategies: Navigating Opposite Positions Simultaneously

Navigating opposite positions in trading requires a clear understanding of the rules and regulations governing different trading instruments. By utilizing strategies such as separate accounts, spread trading, and hedging, traders can effectively manage risk and capitalize on market opportunities.‍

Tom Hartman

July 5, 2024

Using Continuous Futures Contracts with TradersPost

Using continuous tickers like ES1! on TradersPost for S&P 500 futures trading ensures seamless rollover between contracts, eliminating the need for frequent manual updates. This approach provides a consistent trading experience and uninterrupted data for long-term strategies.

Tom Hartman

June 15, 2024

Unlock New Possibilities: Alpaca Options Trading on TradersPost

We are excited to announce another significant update to TradersPost: the introduction of options trading support for Alpaca users. This enhancement expands our platform's capabilities, providing our users with more flexibility and opportunities to optimize their trading strategies.

Jonathan Wage

June 2, 2024

Introducing Kraken Crypto Exchange Integration for TradersPost

We are thrilled to announce the latest addition to TradersPost: the integration with Kraken, one of the world’s leading cryptocurrency exchanges. This exciting development marks a significant milestone for our platform and our users, providing more opportunities to automate your trading strategies across a broader range of assets.

Jonathan Wage

June 1, 2024

New Indicator: Confluence of Alerts

In the ever-evolving world of trading, where the confluence of multiple technical indicators can signal potent trading opportunities, we're excited to unveil our latest tool for TradingView: the Confluence of Alerts indicator.

Tom Hartman

March 9, 2024

Understanding Overfitting in Trading Strategy Development

Overfitting is like walking an unfamiliar path blindfolded, convinced you know every twist and turn, only to fall flat on your face in the first 20 feet.

Mike Christensen

February 10, 2024

TradersPost's Enhanced Interface: A User-Friendly Upgrade

Introducing the revamped TradersPost: A blend of aesthetic upgrades and functional enhancements to elevate your trading journey. Key updates include a redesigned menu, simplified strategy creation with integrated webhooks, and a persistent save bar for easy form management. With in-app documentation and a new user menu dropdown, navigating TradersPost is now more intuitive than ever. Plus, discover our setup wizard for a seamless start and enjoy clearer help texts and labels for streamlined trading experiences.

Jonathan Wage

January 26, 2024

New Indicator: Market Cap Earnings Tracker

During earnings seasons, market volatility can offer both challenges and opportunities. Our new Market Cap Earnings Tracker is designed to help traders navigate these fluctuations more effectively, providing essential insights into earnings dates and market caps of pivotal companies.

Tom Hartman

January 16, 2024