Why Are People Hesitant to Share Trading Strategies?

Traders often hesitate to share strategies due to fears of dilution, personal ownership, and the pressure of managing expectations. However, sharing solutions to specific problems can foster community collaboration without those concerns.

Tom Hartman

August 22, 2024

Best Brokers for Low Error Rates and Capabilities in Algo Trading

TradeStation is the top broker for algo trading, offering low error rates and fast execution times, followed by Tradier.

Tom Hartman

August 21, 2024

How to Avoid Consolidation in Algo Trading with Moving Averages

Avoiding consolidation in algo trading with moving averages involves using volatility indicators like ATR and the Choppiness Index, alongside thoughtful stop management and hedging strategies to navigate these challenging market conditions.

Tom Hartman

August 21, 2024

How to Inform TradersPost About Open Broker Positions

TradersPost automatically recognizes and manages open positions when you connect your broker, allowing your strategy to adjust accordingly without manual input.‍

Tom Hartman

August 20, 2024

Can Take Profit Be a Limit Order and Stop Loss a Market Order?

You can configure a take profit as a limit order and a stop loss as a market order in TradersPost, either through strategy settings or dynamically via webhooks using JSON messages.

Tom Hartman

August 20, 2024

Why Don’t European Tickers Show in TradersPost?

European tickers aren’t currently supported on TradersPost due to challenges with broker integrations, particularly with Interactive Brokers. However, the platform plans to expand to global markets in the future.

Tom Hartman

August 19, 2024

Why Isn’t Tradier Showing as a Paper Broker Option in TradersPost?

Tradier may not appear as a paper broker in TradersPost if integrated via OAuth. To use Tradier’s paper broker, connect through the API, though expect a 15-minute data delay for paper accounts.

Tom Hartman

August 16, 2024

Ways to Increase Order Execution Speed on TradersPost

Improve order execution speed by using bracket orders, selecting a fast broker, and placing limit orders in advance to ensure quick execution once price levels are reached.

Tom Hartman

August 15, 2024

Broker Integrations: E-Trade, tastytrade, Robinhood IRA, Webull

TradersPost has added support for E-Trade, Robinhood IRA, and tastytrade (stocks, futures, crypto). Options trading on tastytrade and Webull integration are expected in the future.

Tom Hartman

August 12, 2024

Is There a Strategy That Guarantees $5 Daily Profit?

A strategy that guarantees $5 daily profit is unrealistic due to market volatility. Low-risk investments like bonds or staking crypto may offer more stable returns, but guarantees are not feasible in trading.

Tom Hartman

August 9, 2024

Why Don’t Previous Trades Show on My TradersPost Dashboard?

Tom Hartman

August 8, 2024

Does High Profitability and Low Drawdown Guarantee Profits?

High profitability and low drawdown in backtesting don’t guarantee future success. To ensure a strategy holds up, use walk-forward testing and incorporate solid risk management.

Tom Hartman

August 8, 2024

Can I Trade Using Discord’s Automated Nasdaq Signals?

You can trade using Discord’s automated signals by setting up a bot that sends the data through Zapier or Make, which formats it for execution on TradersPost.

Tom Hartman

August 7, 2024

Option to Exit All Positions at Trading Window End

A new feature is in development that will allow TradersPost users to automatically exit all positions at the end of a trading window, with an option to include post-market exits.

Tom Hartman

August 6, 2024

Will Selecting 100% Equity Send a $3k or $5k Signal?

When selecting 100% equity, TradersPost bases the trade on the total account value, including the market value of positions and available cash, so a $5,000 signal would be sent.

Tom Hartman

August 5, 2024

Will 100% Equity Orders Use Margin Funds Too?

When placing an order with 100% equity in TradersPost, only your cash balance is used, not your margin. To utilize margin, you need to specify an equity percentage greater than 100%, like 125%.

Tom Hartman

August 4, 2024

What Are Considered Acceptable Returns for an Automated Strategy?

Acceptable returns for an automated strategy should aim to match or exceed market returns (8-10% annually). Achieving over 20% consistently is difficult and often involves significant risk or leverage.

Tom Hartman

August 2, 2024

Why a Strategy Submits Only Entry Positions, Not Exits

A strategy may only submit entry positions if the correct setting for take profit and stop loss is not enabled. Make sure to activate the option to use the signal settings and verify if your broker supports bracket orders.

Tom Hartman

August 1, 2024

Are JSON Properties Case Sensitive?

JSON properties in TradersPost are currently case sensitive. TradersPost will soon implement case insensitivity to reduce errors, but for now, users should copy property names directly from the documentation.

Tom Hartman

July 31, 2024

Overcoming Large Bid-Ask Spreads for Futures with TradersPost

To manage large bid-ask spreads in futures trading, use limit orders to control entry prices, but be aware of the risk of incomplete fills. Market orders guarantee entry but can be costly due to slippage.

Tom Hartman

July 30, 2024

What Happens When an Exit Order is Rejected, and Is Another Order Sent?

If an exit order is rejected in TradersPost, a new order will not be automatically sent. You’ll need to manually resubmit or have your strategy issue another exit signal.

Tom Hartman

July 29, 2024

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