Can You Run Two Different Strategy Subscriptions on the Same Broker in TradersPost?
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TradersPost allows multiple strategy subscriptions on the same broker, but conflicts occur if both trade the same tickers. The best practice is to assign different tickers to each strategy to avoid position management issues.
Managing Multiple Subscriptions in One Brokerage Account
Yes, you can run two separate strategy subscriptions on the same broker in TradersPost, but there are important considerations depending on whether the strategies trade the same tickers or different tickers.
Scenario 1: Trading Different Tickers (No Conflicts)
If you are trading completely different tickers in each strategy, there will be no issues.
• Example: Strategy A trades five stocks, and Strategy B trades five different stocks.
• Since these strategies do not overlap, TradersPost can manage them separately within the same broker account.
Scenario 2: Trading the Same Tickers (Conflicts Likely)
If both strategies trade the same tickers but with different rules (e.g., different take profit percentages), conflicts will occur because:
• TradersPost manages positions at the broker level, not at the strategy level.
• If Strategy A has a trade in Microsoft (MSFT) with a 1% take profit, and Strategy B sends another trade in MSFT with a 0.5% take profit, TradersPost will combine these positions at the broker level, leading to execution conflicts.
Best Practices to Avoid Conflicts
• Keep different strategies assigned to different tickers whenever possible.
• Monitor equity limits to ensure you have enough capital to cover all open trades from both strategies.
• If trading the same ticker across multiple strategies, carefully manage position sizing and exits to avoid unintended outcomes.
Conclusion
You can run multiple strategy subscriptions on the same broker in TradersPost, but conflicts can occur if both strategies trade the same symbols. The safest approach is to assign different tickers to each strategy to prevent execution issues.