What Happens When an Exit Order is Rejected, and Is Another Order Sent?

Fact checked by
Mike Christensen, CFOA
July 29, 2024
If an exit order is rejected in TradersPost, a new order will not be automatically sent. You’ll need to manually resubmit or have your strategy issue another exit signal.

When an exit order is rejected in TradersPost, no additional order is automatically sent to complete the exit. If an order fails, you must manually submit another order or send a new signal from your strategy (such as from Pine Script) to complete the trade.

Key Points:

• TradersPost will not automatically resubmit exit orders if they are rejected. You need to manually resubmit or have your strategy send another exit signal.

• It’s essential to monitor your account to understand why the order was rejected and take necessary action.

• To mitigate risks, many users include safety exits or cancellation orders in their strategies to ensure all positions are closed properly at the end of the day.

Conclusion:

Rejected exit orders require manual intervention or an additional signal from your strategy to be reprocessed. TradersPost will not automatically attempt to resubmit the order unless a new signal is received.

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