TradeStation Order Rejection Due to Decimal Rounding
TradeStation paper accounts may reject take profit and stop loss orders if decimals are not rounded correctly. Traders should adjust their signals, and TradersPost is investigating a potential fix.
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Current TradeStation documentation describes rounding rejections beyond paper trading and documents an existing price-increment workflow, so the paper-only and investigation framing has been corrected while the rounding guidance remains valid.
Why Does TradeStation Reject Some Take Profit and Stop Loss Orders?
Traders using TradeStation’s paper trading account have reported order rejections when submitting take profit and stop loss percentages. The issue can occur when TradeStation provides discrepant price-increment data, causing prices to be rejected as not rounded to a valid increment1.
This problem can occur in TradeStation accounts when the broker-provided price-increment data does not match the valid increment for a symbol1.
How to Fix This Issue
• Modify the Signal to Round Values – Traders can adjust their signals to ensure price values are rounded to the nearest acceptable decimal before submission.
• Check TradeStation Price-Increment Data – Traders can verify the symbol’s valid price increment and contact TradeStation if the provided data is discrepant1.
TradersPost uses TradeStation-provided data to round order prices before submission; persistent rejections may require TradeStation to review its price data1.
Conclusion
TradeStation may reject take profit and stop loss orders if the price does not match the valid increment. Traders can modify their signals to ensure proper rounding and verify the symbol’s price-increment data with TradeStation if rejections persist1.
References
1 optionalpha.com, Order closing was rejected by Trade Station
