How to Reset Broker Stats on TradersPost

Fact checked by
Mike Christensen, CFOA
November 6, 2024
TradersPost users seeking easier ways to reset broker stats will soon benefit from a new balance reset feature. This guide explains the steps and upcoming options to keep account data organized without deleting brokers entirely.

TradersPost users who run strategies across multiple brokers occasionally want a clean slate by resetting stats for specific accounts. This guide outlines the current features and discusses upcoming improvements to make broker stat resets easier.

Why Reset Broker Stats?

Resetting stats can be particularly useful when:

1. Starting New Strategies: Users may want fresh stats without the impact of previous trades.

2. Managing Paper Trading Accounts: In simulated trading, a reset can provide clearer insights into a new strategy’s potential performance.

3. Streamlining Account Data: Removing old data allows for more accurate tracking without deleting entire broker integrations.

Current Process for Resetting Broker Stats

At present, resetting broker stats on TradersPost involves a few key steps:

1. Access the Reset Function: Go to the broker settings in your account and look for the options to reset positions and orders.

2. Manual Reset for Balances: Currently, TradersPost does not offer an automatic balance reset option. This means users must delete and re-add the broker to refresh all data. However, this process can disrupt strategy subscriptions and cause other configuration challenges, so it’s not recommended as a routine step.

Conclusion

With these upcoming improvements, TradersPost aims to streamline the process of resetting broker stats, enhancing usability for users who frequently manage multiple accounts or paper trade. This feature will allow users to manage their trading data more effectively while avoiding the complications associated with full broker deletions.

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