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Resize Open Position Webhook Explained
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Some TradersPost users have requested a broker trade prevention feature to stop discretionary trading during set periods. While the idea could help with discipline, the TradersPost team favors alternative risk management tools like max drawdown liquidation and trade limits to maintain flexibility while improving risk control.
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TradersPost allows users to set multiple trading windows within a single subscription, eliminating the need for extra subscriptions in most cases. Traders can define morning, afternoon, and overnight sessions to better control their trading strategies.
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Micro futures (MNQ) trade at the same market price as full-sized E-mini futures (NQ) but have 1/10th the contract size and risk exposure. TradersPost reflects market price, so traders must adjust position sizing based on contract multipliers.
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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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Whether the $25,000 PDT minimum applies depends on your broker. Firms can transition to FINRA’s new intraday margin requirements through October 20, 2027, so check your broker’s current requirements.
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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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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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