What to Do After Your Webhook Logs Show Trade Signals
After verifying trade signals in your TradersPost webhook logs, ensure your strategy subscription settings allow them to reach your broker. To invest a fixed dollar amount per trade, use Amount Per Position and enable fractional shares if supported by your broker.
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Ensuring Trades Are Sent to Your Broker
After confirming that trade signals are coming from TradingView and appearing in your webhook logs in TradersPost, the next step is ensuring those trades are actually being sent to your broker. Simply receiving signals in TradersPost does not mean they are automatically executed.
To make sure trades are placed, check your strategy subscription settings. When setting up a subscription, you must select whether auto-submit is enabled.
• If auto-submit is ON, trades will be automatically forwarded to your broker.
• If auto-submit is OFF, you will receive a notification for each trade and must manually approve or reject it before execution.
For traders new to automated execution, this additional step is easy to overlook. Verifying that your subscription settings match your trading intentions will ensure trades are processed correctly.
Placing Trades with a Fixed Dollar Amount
If you want to invest a specific dollar amount per trade instead of buying a fixed number of shares, TradersPost provides an option called Amount Per Position under Quantity Calculation Methods.
By selecting Amount Per Position and entering a value (e.g., $100), TradersPost will:
1. Calculate the number of shares based on the stock’s current price.
2. Submit the order with the appropriate quantity.
For example, if a stock is trading at $25.50 per share, a $100 trade would purchase 3.92 shares if fractional shares are enabled.
Fractional Shares and Broker Compatibility
Some brokers support fractional shares, allowing for precise position sizing. If this feature is available, enabling fractional trading in position size settings will ensure that TradersPost submits an exact order based on the specified dollar amount.
However, this feature is not supported for futures or options, meaning position sizing for those asset classes must be handled differently.
Conclusion
Once trade signals appear in your webhook logs, the next step is confirming that your strategy subscription settings allow them to be sent to your broker. If using fixed dollar position sizing, enabling the correct quantity calculation method ensures trades align with your intended risk management. Ensuring your broker supports fractional shares can also improve trade execution accuracy for smaller position sizes.
