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.
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.
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.
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.
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Trading in the financial markets involves a significant risk of loss. The content and strategies shared by TradersPost are provided for informational or educational purposes only and do not constitute trading or investment recommendations or advice. The views and opinions expressed in the materials are those of the authors and do not necessarily reflect the official policy or position of TradersPost.
Please be aware that the authors and contributors associated with our content may hold positions or trade in the financial assets, securities, or instruments mentioned herein. Such holdings could present a conflict of interest or influence the perspective provided in the content. Readers should consider their financial situation, objectives, and risk tolerance before making any trading or investment decisions based on the information shared. It is recommended to seek advice from a qualified financial advisor if unsure about any investments or trading strategies.
Remember, past performance is not indicative of future results. All trading and investment activities involve high risks and can result in the loss of your entire capital. TradersPost is not liable for any losses or damages arising from the use of this information. All users should conduct their own research and due diligence before making financial decisions.