How the Max Strategy Positions Setting Works in TradersPost
The Max Strategy Positions setting in TradersPost limits all broker-held positions, not just those from TradersPost.
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Max Strategy Positions remains a supported broker setting. Earlier deprecation messaging was removed; the article still describes broker-level, best-effort limits and race-condition caveats.
Understanding Max Strategy Positions
The Max Strategy Positions setting in TradersPost is designed to limit the number of open positions a trader can hold. However, it is important to note that this setting applies to all positions at your broker, not just those opened through TradersPost.
For example, if you set your Max Strategy Positions to two but already have 13 open positions in your brokerage account before joining TradersPost, you are already exceeding your set limit.
Potential Issues with the Feature
While this feature can be useful for position management, TradersPost has encountered technical challenges related to its implementation. One issue involves race conditions, where multiple trade signals are received at the same time, potentially causing unintended limit breaches.
Because of these race conditions, the limit is enforced on a best-effort basis: parallel signals can each be planned against the same open-position snapshot, so the configured number is not a hard guarantee1.
Conclusion
The Max Strategy Positions setting currently limits all positions at the broker level, not just those opened through TradersPost. Use it as a best-effort cap on distinct open tickers, and keep an eye on parallel signals if you need a stricter limit1.
References
1 youtube.com, Managing Max Strategy Positions in TradersPost