Is “Action=Exit” Faster Than “Action=Sell” in TradersPost?
“Action=Exit” and “Action=Sell” process trades at the same speed in TradersPost. The difference is that “Exit” closes the entire position, while “Sell” allows for partial exits.
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Reviewed by Mike Christensen
Fact-checked by Mike Christensen
Does “Action=Exit” Execute Trades More Quickly?
No, there is no speed difference between using “Action=Exit” and “Action=Sell” with a specified quantity in TradersPost.
Both commands require the platform to:
1. Check open positions to determine the current quantity.
2. Send an order to the broker to exit the trade.
Since both processes involve the same backend steps, there is no advantage in execution speed between the two.
When to Use “Action=Exit” vs. “Action=Sell”
• “Action=Exit” – Automatically closes the entire position without needing to specify a quantity.
• “Action=Sell” with Quantity – Allows for partial exits, where you specify how much of the position to sell.
For traders wanting to fully close a position quickly, “Action=Exit” is the simpler option, but it is not any faster than manually specifying a quantity with “Action=Sell.”
Conclusion
There is no execution speed advantage when using “Action=Exit” versus “Action=Sell” with a specified quantity. Both go through the same order processing steps in TradersPost.