Trading Options for U.S. Equities in the Works on TradingView

TradingView now supports real-time options data for U.S. equities, enabling users to apply technical indicators directly to options contracts and automate trades through platforms like TradersPost.

Tom Hartman

September 27, 2024

TradeStation Reward Program Details

The $50 TradeStation reward applies only to initial funding, while Robinhood Gold offers a 1% match on every IRA deposit and a 5.5% interest rate.

Tom Hartman

September 18, 2024

Copying Trades to Multiple Accounts on TradersPost

TradersPost allows you to copy trades across multiple accounts by linking them to a shared strategy, ensuring simultaneous trade execution.

Tom Hartman

September 17, 2024

Security Risks to Brokerage Accounts When Sending Signals

While webhook URLs act like passwords, the risk to brokerage accounts is minimal as TradersPost encrypts API keys and limits permissions to trading only.

Tom Hartman

September 16, 2024

Managing Multiple Stop-Limit Orders: Canceling One When the Other Executes

Managing multiple stop-limit orders is challenging due to broker limitations, but workarounds like TradingView alerts can help handle these scenarios effectively.

Tom Hartman

September 15, 2024

Handling Commas in Quantity Fields: Convenience vs. Complexity

Allowing commas in quantity fields can improve user convenience but risks misinterpretation, especially with different international number formats.

Tom Hartman

September 14, 2024

Why Specifying an Asset Class Is Required for Strategies

Specifying an asset class is essential to ensure accurate identification of tickers, as symbols are not always unique across different asset types.

Tom Hartman

September 14, 2024

How Queued Orders Work Outside the Trading Window

Expanding the functionality of queued orders to respect custom trading windows would provide traders with increased control, reduced rejections, and greater flexibility in their strategies.

Tom Hartman

September 13, 2024

Identifying Options with High Open Interest and Volume

Filtering options by open interest and volume will allow TradersPost users to avoid low-liquidity options, improving trade execution and reducing slippage.‍

Tom Hartman

September 11, 2024

How to Send a Pre-Close Alert to Flatten Positions on TradingView

A new script for TradingView allows users to send pre-close alerts and flatten positions before the session ends. With granular control and multi-time frame functionality, this tool simplifies intraday position management.

Tom Hartman

September 2, 2024

Is Automated Options Trading Popular with TradersPost Users?

Automated options trading is steadily used on TradersPost, though it’s less popular than futures and equities. With planned enhancements like multi-leg options orders, the platform is set to improve its options trading capabilities.

Tom Hartman

September 1, 2024

Will TradersPost Support Forex in the Future?

TradersPost plans to introduce Forex trading in the near future, likely by late 2024 or early 2025, driven by strong user demand and the platform’s goal of supporting all major asset classes.

Tom Hartman

August 31, 2024

Why Are Micros Position Sizes Huge on TradersPost Paper Trading?

Position sizes can appear large when trading micros on TradersPost’s paper broker due to the lack of live futures data. Connecting a broker with futures market data can help resolve this issue and provide more accurate position sizes.

Tom Hartman

August 31, 2024

How to Get Listed as a Pine Script Developer on TradersPost

Becoming a Pine Script developer on TradersPost requires the right visibility, especially on platforms like Fiverr and Upwork. Authentic community engagement and showcasing quality scripts are essential to standing out.

Tom Hartman

August 30, 2024

Will Using a Tick Chart on TradingView Prevent Repainting?

Switching to a tick chart in TradingView will not prevent repainting, as the issue lies in the strategy or indicator’s logic, not the type of data used. However, tick charts can improve backtesting accuracy by providing more granular data.

Tom Hartman

August 30, 2024

Does the TradingView Exchange Need to Match the Broker’s Exchange?

Matching the exchange on TradingView with your broker’s exchange depends on the asset. For equities, the price difference is minimal due to NBBO regulation, while for crypto and futures, ensuring the exchanges align is crucial due to significant variances.

Tom Hartman

August 30, 2024

Why Are Position Sizes Large When Buying One NQ Contract in TradersPost Paper Accounts?

Large position sizes when trading NQ contracts in TradersPost paper accounts typically occur due to missing entry and exit prices. Sending accurate price data with each order helps ensure realistic position sizes and P&L calculations.

Tom Hartman

August 23, 2024

Can Users Assign Me as a Referral After Signing Up Without My Affiliate Code?

Users can be assigned to an affiliate after signup by contacting TradersPost support. However, it’s important to act quickly, as long delays may prevent the referral from being processed.

Tom Hartman

August 23, 2024

Why Are People Hesitant to Share Trading Strategies?

Traders often hesitate to share strategies due to fears of dilution, personal ownership, and the pressure of managing expectations. However, sharing solutions to specific problems can foster community collaboration without those concerns.

Tom Hartman

August 22, 2024

How to Avoid Consolidation in Algo Trading with Moving Averages

Avoiding consolidation in algo trading with moving averages involves using volatility indicators like ATR and the Choppiness Index, alongside thoughtful stop management and hedging strategies to navigate these challenging market conditions.

Tom Hartman

August 21, 2024

Best Brokers for Low Error Rates and Capabilities in Algo Trading

TradeStation is the top broker for algo trading, offering low error rates and fast execution times, followed by Tradier.

Tom Hartman

August 21, 2024

Can Take Profit Be a Limit Order and Stop Loss a Market Order?

You can configure a take profit as a limit order and a stop loss as a market order in TradersPost, either through strategy settings or dynamically via webhooks using JSON messages.

Tom Hartman

August 20, 2024

How to Inform TradersPost About Open Broker Positions

TradersPost automatically recognizes and manages open positions when you connect your broker, allowing your strategy to adjust accordingly without manual input.‍

Tom Hartman

August 20, 2024

Why Don’t European Tickers Show in TradersPost?

European tickers aren’t currently supported on TradersPost due to challenges with broker integrations, particularly with Interactive Brokers. However, the platform plans to expand to global markets in the future.

Tom Hartman

August 19, 2024

Why Isn’t Tradier Showing as a Paper Broker Option in TradersPost?

Tradier may not appear as a paper broker in TradersPost if integrated via OAuth. To use Tradier’s paper broker, connect through the API, though expect a 15-minute data delay for paper accounts.

Tom Hartman

August 16, 2024

Ways to Increase Order Execution Speed on TradersPost

Improve order execution speed by using bracket orders, selecting a fast broker, and placing limit orders in advance to ensure quick execution once price levels are reached.

Tom Hartman

August 15, 2024

Can Trades Be Copied from One Tradovate Account to Another?

You can replicate trades across multiple Tradovate accounts on TradersPost by subscribing both accounts to the same strategy. This works for both live and paper trading accounts.

Tom Hartman

August 14, 2024

Broker Integrations: E-Trade, tastytrade, Robinhood IRA, Webull

TradersPost has added support for E-Trade, Robinhood IRA, and TastyTrade (stocks, futures, crypto). Options trading on TastyTrade and Webull integration are expected in the future.

Tom Hartman

August 12, 2024

Is There a Strategy That Guarantees $5 Daily Profit?

A strategy that guarantees $5 daily profit is unrealistic due to market volatility. Low-risk investments like bonds or staking crypto may offer more stable returns, but guarantees are not feasible in trading.

Tom Hartman

August 9, 2024

Does High Profitability and Low Drawdown Guarantee Profits?

High profitability and low drawdown in backtesting don’t guarantee future success. To ensure a strategy holds up, use walk-forward testing and incorporate solid risk management.

Tom Hartman

August 8, 2024

Why Don’t Previous Trades Show on My TradersPost Dashboard?

Tom Hartman

August 8, 2024

Can I Trade Using Discord’s Automated Nasdaq Signals?

You can trade using Discord’s automated signals by setting up a bot that sends the data through Zapier or Make, which formats it for execution on TradersPost.

Tom Hartman

August 7, 2024

Option to Exit All Positions at Trading Window End

A new feature is in development that will allow TradersPost users to automatically exit all positions at the end of a trading window, with an option to include post-market exits.

Tom Hartman

August 6, 2024

Will Selecting 100% Equity Send a $3k or $5k Signal?

When selecting 100% equity, TradersPost bases the trade on the total account value, including the market value of positions and available cash, so a $5,000 signal would be sent.

Tom Hartman

August 5, 2024

Will 100% Equity Orders Use Margin Funds Too?

When placing an order with 100% equity in TradersPost, only your cash balance is used, not your margin. To utilize margin, you need to specify an equity percentage greater than 100%, like 125%.

Tom Hartman

August 4, 2024

What Are Considered Acceptable Returns for an Automated Strategy?

Acceptable returns for an automated strategy should aim to match or exceed market returns (8-10% annually). Achieving over 20% consistently is difficult and often involves significant risk or leverage.

Tom Hartman

August 2, 2024

Why a Strategy Submits Only Entry Positions, Not Exits

A strategy may only submit entry positions if the correct setting for take profit and stop loss is not enabled. Make sure to activate the option to use the signal settings and verify if your broker supports bracket orders.

Tom Hartman

August 1, 2024

Are JSON Properties Case Sensitive?

JSON properties in TradersPost are currently case sensitive. TradersPost will soon implement case insensitivity to reduce errors, but for now, users should copy property names directly from the documentation.

Tom Hartman

July 31, 2024

Overcoming Large Bid-Ask Spreads for Futures with TradersPost

To manage large bid-ask spreads in futures trading, use limit orders to control entry prices, but be aware of the risk of incomplete fills. Market orders guarantee entry but can be costly due to slippage.

Tom Hartman

July 30, 2024

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

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.

Tom Hartman

July 29, 2024

Interesting Data on TradingView to Filter Trades

Leverage unique data on TradingView like the VOLI Index, top NASDAQ constituents, and Federal Reserve economic data to filter trades and enhance decision-making. These indicators provide additional insight into market sentiment and trends.

Tom Hartman

July 26, 2024

The Importance of Tail Events in Trading

Tail events, while rare, have a significant impact on markets. Understanding these events and preparing through strategies like hedging or opportunistic trading can help traders manage risk and capitalize on extreme movements.

Tom Hartman

July 25, 2024

Approach to Automated Trading Strategies During Earnings Seasons

During earnings seasons, traders either incorporate these events into their strategies or avoid them to reduce volatility. Robust strategies should account for earnings data, but pausing trades is an option for reducing risk.

Tom Hartman

July 24, 2024

Why Position Sizing is Considered More Important Than Stop Losses in Risk Management

Position sizing is more important than stop losses in risk management because it prevents catastrophic losses, especially during volatile markets. Proper sizing helps traders avoid deep drawdowns, making it easier to recover from losses.

Tom Hartman

July 22, 2024

Why Are My Initial Take Profit and Stop Loss Canceled When Taking Partial Profit on a Bracket Order?

Taking partial profit on a bracket order cancels the original take profit and stop loss because the position size changes. To resolve this, submit new orders for the remaining position after each partial exit.

Tom Hartman

July 21, 2024

Why Does My Dashboard Show Enough Buying Power, But My Trade Gets Rejected for Insufficient Funds?

Your dashboard may show enough buying power, but trades can still be rejected due to insufficient margin. The dashboard reflects available cash, not the margin required by the broker for each trade.

Tom Hartman

July 20, 2024

How to Leverage Trading Knowledge to Make Money Elsewhere

Discover how to leverage your trading knowledge to create additional income streams beyond the markets. This post explores arbitrage opportunities, transforming goods for profit, utilizing risk management principles, and alternative investments. Apply your trading skills to make money in diverse and innovative ways.‍

Tom Hartman

July 19, 2024

Assessing the Value Provided by Signal Groups

Signal groups offer learning opportunities and exposure to different market perspectives. Traders can gain insights into risk management and trading strategies but should be cautious of market unpredictability and always test signals before committing real funds.

Tom Hartman

July 19, 2024

How to Start Trading and Make Money with Zero Knowledge

Embark on your trading journey with zero knowledge by following this comprehensive guide. Learn the basics, practice with paper trading, develop a solid trading plan, and start trading with real money while managing risk and continuously improving your strategies.

Tom Hartman

July 18, 2024

Strategy Execution Timing: Completing Trades in Stages

Learn how to effectively manage and execute trading strategies in stages with this guide. Discover the benefits of staged execution, practical steps to implement it using TradersPost, and key considerations for maximizing returns and managing risk.

Tom Hartman

July 18, 2024

Coding for a Trailing Stop That Activates After Reaching a Profit Target

To set up a trailing stop that activates after reaching a profit target in Pine Script, create a stop loss variable and update it once the price hits the profit level, using strategy.exit to dynamically adjust the stop loss.

Tom Hartman

July 18, 2024

Evaluating Strategy Viability with Sharpe Ratio: A Comprehensive Guide

Tom Hartman

July 17, 2024

AGI’s Impact on the Future of Trading

Explore the potential impact of Artificial General Intelligence (AGI) on the future of trading. This comprehensive guide discusses how AGI might influence market volatility, trading strategies, and the role of human traders, along with ethical and regulatory considerations to ensure fair and beneficial market practices.

Tom Hartman

July 17, 2024

Key Considerations When Evaluating a Strategy Sold by Others

When evaluating a strategy sold by others, focus on understanding the thesis, checking its robustness over time, and ensuring it doesn’t rely on excessive leverage. Compare it to a buy-and-hold approach to assess if it truly adds value.

Tom Hartman

July 17, 2024

Placing Orders with OCO using TradersPost

Learn how to utilize Order-Cancel-Order (OCO) functionality in TradersPost to automate your trading strategies and manage risk effectively. This guide provides step-by-step instructions for setting up OCO orders, ensuring you can capitalize on market movements with ease.

Tom Hartman

July 16, 2024

Use Limit Orders to Exit Positions for Better Control

Limit orders offer control over exit prices but may remain unfilled in illiquid markets. Using a combination of market orders, multiple exit signals, or trailing stops can help ensure better exits.

Tom Hartman

July 16, 2024

Exceeding Position Limits: Shorting, Flattening, or Rejection Explained

Understanding position limits in TradersPost is crucial for effective trading. This guide explains how exceeding limits can lead to shorting, flattening, or trade rejections, and provides practical tips for managing these scenarios.

Tom Hartman

July 14, 2024

Forward Testing vs. Backtesting: Enhancing Your Trading Strategies

Forward testing can sometimes outperform backtesting by providing real-time validation of trading strategies in current market conditions. Learn how to effectively combine both methods to enhance your trading strategies and improve performance.

Tom Hartman

July 12, 2024

How to Use Trailing Stops on Options

Trailing stops are crucial for managing options trades by protecting profits and limiting losses. Learn how to use trailing stops effectively, ensuring your broker supports this feature, and integrate them into your trading strategy for better outcomes.

Tom Hartman

July 9, 2024

Troubleshooting Webhook Issues in TradingView: A Comprehensive Guide

Webhook alerts in TradingView are critical for automated trading, but occasional failures can disrupt trading strategies. This guide provides steps to troubleshoot common webhook issues, ensuring reliable and timely alert delivery to TradersPost.

Tom Hartman

July 8, 2024

Troubleshooting TradingView Alerts: Why They Appear in Logs but Not on Charts

Troubleshooting alert issues in TradingView requires a thorough understanding of how the platform processes alerts and the common pitfalls that can lead to discrepancies. By using standard charts, checking for repainting, ensuring alert synchronization, and monitoring data feed quality, traders can mitigate issues and ensure their alerts function reliably.

Tom Hartman

July 7, 2024

Options Trading: Understanding the True Cost

Understanding the true cost of options trading is crucial for avoiding costly mistakes and managing your trading capital effectively. By always calculating the total cost, checking margin requirements, and understanding the notional value, traders can make more informed and confident decisions.

Tom Hartman

July 6, 2024

Trading Strategies: Navigating Opposite Positions Simultaneously

Navigating opposite positions in trading requires a clear understanding of the rules and regulations governing different trading instruments. By utilizing strategies such as separate accounts, spread trading, and hedging, traders can effectively manage risk and capitalize on market opportunities.‍

Tom Hartman

July 5, 2024

The Availability of Fractional Shares for Traders

Fractional shares allow investors to buy a portion of a stock, making high-value stocks more accessible. This guide explores how fractional shares work, their benefits and limitations, and how TradersPost integrates with brokers that support them.

Tom Hartman

July 4, 2024

Using TradersPost Trading Window Feature

TradersPost’s Trading Window feature helps traders optimize their trading activities by specifying hours for opening positions. While positions opened within this window can be closed outside of it, future enhancements may allow more flexibility in exit strategies.

Tom Hartman

July 3, 2024

Understanding the “Limit to TradingView” Feature

The “Limit to TradingView” feature enhances security by restricting signals to originate solely from TradingView, ensuring authenticated trades. Understanding its purpose and navigating common issues can help traders maintain effective automated trading systems.

Tom Hartman

July 2, 2024

Understanding Market Orders vs Stop Market Orders in Automated Trading

Market orders ensure immediate trade execution at the best available price, while stop market orders trigger a market order once a specified price is reached, providing strategic control for managing trades. Understanding these differences enhances trading strategies and risk management.

Tom Hartman

July 1, 2024

Understanding Race Conditions in Automated Trading

Race conditions can significantly impact the reliability of automated trading systems by causing unpredictable behavior due to timing issues. Implementing synchronization mechanisms and precise timestamping can help mitigate these challenges.

Tom Hartman

June 30, 2024

Using Position Offsets in Automated Trading Strategies

Using position offsets in trading strategies involves adjusting entry or exit points relative to signal prices, enhancing precision and risk management. This technique can help avoid false breakouts and improve trade execution quality when implemented correctly.

Tom Hartman

June 29, 2024

Action Exit vs. Sentiment Flat: Key Differences Explained

The difference between "action exit" and "sentiment flat" lies mainly in compatibility with TradingView. While both exit a position, "sentiment flat" ensures correct trade interpretation on TradingView, whereas "action exit" offers a simpler approach.

Tom Hartman

June 28, 2024

Trading Stock Market Indices

Trading indices provides diversification and insights into market trends through methods like index options and ETFs, allowing traders to utilize strategic approaches for optimal results.

Tom Hartman

June 28, 2024

Should You Algo Trade? An Honest Discussion on Active vs Passive Investing

We tackle a question that many aspiring traders grapple with: if 80% of retail traders fail, is it ever advisable to trade? Tom and Mike dive deep into the nuances of trading, the appeal of active investing, and the realities of market participation.

Mike Christensen

June 18, 2024

The Reliability of Paper Trading: Insights and Best Practices

Paper trading provides a risk-free environment for testing strategies, but discrepancies like slippage and commission fees can lead to differences between simulated and live trading results. To bridge the gap, incorporate realistic costs and conduct walk-forward testing with real capital to validate strategies under actual market conditions.

Tom Hartman

June 18, 2024

Updating TradingView Alerts: Avoiding Common Pitfalls

TradingView alerts are based on the initial copy of your script, meaning any changes to your strategy won’t update existing alerts. To keep your alerts accurate, either recreate them or rotate the alert source to reflect the latest strategy settings.

Tom Hartman

June 17, 2024

Why Do Strategies Perform Better on Higher Time Frames?

Higher time frames offer the benefit of smoothing out market noise and providing more reliable signals, whereas lower time frames can be plagued by volatility and transaction costs. Understanding these differences is key to developing consistent and effective trading strategies.

Tom Hartman

June 16, 2024

Why Some Traders Prefer ETFs Over Single Stocks

Opting for ETFs over individual stocks offers the benefits of diversification, reduced risk, and consistent returns. ETFs provide broad sector exposure and lower volatility, making them a cost-efficient and stable choice for many investors.

Tom Hartman

June 14, 2024

How to Handle Broker-Related Issues with TradersPost

TradersPost will reach out to brokers to address platform-related issues affecting multiple users, but for account-specific problems, users must contact their brokers directly. Leveraging our AI-driven documentation can provide quick solutions to many common questions.

Tom Hartman

June 14, 2024

Limiting Your Strategy to Only Execute the First Buy Trade

Limit your trading strategy to only execute the first buy trade by adjusting the 'Allow Add to Position' setting in TradersPost. This prevents overtrading and simplifies position management, ensuring a disciplined trading approach.

Tom Hartman

June 14, 2024

How Long Does It Take to Receive a Payout from the Affiliate Program?

Our affiliate program issues monthly payouts with a current minimum threshold of $100, but we are exploring more flexible options for smaller balances. The process is designed to be straightforward and efficient, ensuring affiliates receive their earnings promptly.

Tom Hartman

June 14, 2024

Managing Access and User Accounts on TradersPost

Managing access to TradersPost and broker accounts requires careful adherence to broker policies to avoid violations and liabilities. Utilizing TradersPost’s user account feature ensures secure and efficient account management.

Tom Hartman

June 14, 2024

Coding Time-Based Trade Management in Pine Script

Managing trades based on specific times in Pine Script allows traders to comply with trading rules and avoid holding positions during restricted periods. By setting up time-based trade management in TradingView, traders can ensure reliable execution and maintain their trading strategies effectively.

Tom Hartman

June 13, 2024

Leveraging AI and Machine Learning in Automated Trading Strategies

Integrating AI and machine learning into trading strategies can revolutionize how traders generate ideas, develop strategies, and execute trades. By leveraging AI for real-time market analysis and strategic refinement, traders can enhance their decision-making and optimize performance in a rapidly evolving market.

Tom Hartman

June 12, 2024

Using Private TradingView Indicators to Send Signals to Your Broker

Custom TradingView indicators can be used to send signals to TradersPost for seamless trade execution. With the right setup, traders can automate their strategies using private indicators, providing a significant edge in algorithmic trading.

Tom Hartman

June 11, 2024

Generating Opposite Alerts in Trading: A Comprehensive Guide

Generating opposite alerts, which involves reversing the direction of trading signals, offers a unique approach to diversification in trading strategies. While intriguing, this method demands a well-researched trading plan and robust risk management to be effective.

Tom Hartman

June 10, 2024

Understanding Bracket Orders: Maximizing Trade Efficiency and Minimizing Risk

Bracket orders streamline trading by allowing simultaneous entry, take profit, and stop loss orders, minimizing risk and ensuring a structured exit strategy. Recent platform updates enhance their functionality, offering greater flexibility and control for traders seeking automated risk management and profit-taking mechanisms.

Tom Hartman

June 9, 2024

Efficient Position Management with TradersPost: Simplifying Your Trading Experience

Managing trading positions can be streamlined with TradersPost, which treats each ticker as a unified position for simplified entry and exit signal execution. By automatically tracking your holdings in real-time, TradersPost enhances trading efficiency and reduces the risk of errors.

Tom Hartman

June 8, 2024