How the Max Strategy Positions Setting Works in TradersPost
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The Max Strategy Positions setting in TradersPost limits all broker-held positions, not just those from TradersPost. Due to technical challenges, this feature may be removed in the future.
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 issues, the TradersPost team is considering removing this feature. A notification in the documentation indicates that it may be deprecated in the future.
Conclusion
The Max Strategy Positions setting currently limits all positions at the broker level, not just those opened through TradersPost. However, due to technical challenges, this feature may be phased out. Traders should monitor updates from TradersPost regarding its status.