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Broker Rules Now Follow the Asset Class
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Master the art of sending complete trade instructions including entry, stop loss, and take profit levels in a single automated signal.
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Currently, managing multiple APEX accounts with TradersPost requires separate subscriptions, but a new per-account pricing model will soon allow traders to scale seamlessly. This update will provide more flexibility for those running 20+ prop firm accounts.
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TradersPost can automate stop loss and take profit calculations based on risk per position, but it does not determine order quantity without an entry price. Traders should carefully set risk-to-reward ratios to ensure long-term profitability.
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The “Liquidation Only” error occurs when a prop firm account fails a trading challenge by exceeding daily loss limits or maximum drawdown. When this happens, traders can only close positions and must check with the prop firm for reset options.
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TradersPost does not currently support trade delays, but future updates will include trade grouping and execution order control to manage trade timing more efficiently.
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Since Kraken does not support shorting, traders can sell assets for cash on short signals and rebuy later. Another approach is to use two accounts, where one handles long trades and another supports shorting.
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TradersPost allows multiple strategy subscriptions on the same broker, but conflicts occur if both trade the same tickers. The best practice is to assign different tickers to each strategy to avoid position management issues.
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If a feature like bracket orders is missing for a broker in TradersPost, it is usually due to broker-side limitations. Traders can request features from TradersPost, but petitioning the broker directly increases the likelihood of the feature being added.
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TradersPost does not currently support batch limit orders, requiring each order to be sent as a separate request. Traders should create multiple alerts or space out orders to avoid broker rate limits, with future updates expected to improve multi-order execution.
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TradersPost adds to existing options positions by default, rather than opening separate ones. To trade multiple strike prices, traders must specify the full contract symbol in their trade request.
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If a trader manually closes a position before a bot-generated sell signal, TradersPost will either return an error (if sentiment tracking is enabled) or potentially enter a short position (if it’s not). Using “action=exit” ensures proper trade execution.
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An entry trailing stop is set when the trade is opened, while an exit trailing stop is applied only when an exit signal is sent. The entry stop moves with price from the start, while the exit stop begins trailing from the market price at the time of exit.
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