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Walk-Forward Optimization Trading Guide
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Setting “orderType: market” in TradersPost does not force a market order if the market is closed. Instead, the order may be queued for market open or rejected during extended hours unless a limit order is used.
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Cash accounts do not allow short selling, but traders can automate long-only strategies or use inverse ETFs to simulate short positions. T+2 settlement rules also apply, requiring traders to wait before reinvesting funds from closed trades.
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The Pattern Day Trader (PDT) rule applies to margin accounts that execute four or more day trades within five business days. Even with small trade sizes, an account under $25,000 will be flagged for PDT restrictions. Options include using a cash account, limiting day trades, or trading futures to avoid restrictions.
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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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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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The “Subtract Exit Quantity from Signal Quantity” setting ensures that trades correctly offset existing positions, preventing errors when switching between long and short positions. This feature is useful for traders who prefer manual control over position sizing adjustments.
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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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A cancel signal in TradersPost removes all open orders but does not flatten the position if a trade is already open. To fully exit, traders must send an exit order alongside the cancel request.
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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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Zapier can be used to modify webhook messages before they reach TradersPost, making it possible to integrate third-party trading tools that don’t allow message customization.
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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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