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. Due to technical challenges, this feature may be removed in the future.
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TradersPost now labels Max Strategy Positions deprecated and schedules its removal, so the article now reflects that status while its description of broker-level, best-effort limits remains accurate.
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 Max Strategy Positions setting is deprecated and will be removed in a future release1.
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 is deprecated and will be removed in a future release. Traders should monitor updates from TradersPost regarding its removal1.
References
1 youtube.com, Managing Max Strategy Positions in TradersPost
