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Resize Open Position Webhook Explained
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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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TradersPost supports delayed trade execution through the delay field on an incoming signal, which takes a number of seconds, a relative expression, or an absolute datetime up to 24 hours ahead.
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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 plan to offer a lifetime subscription, as continuous updates require long-term sustainability. Instead, the platform will introduce flexible à la carte pricing, allowing traders to customize their subscriptions.
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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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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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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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A 150% max drawdown in TradingView or TradersPost likely results from futures leverage and missing margin restrictions. To get realistic results, traders should adjust margin settings and use broker-provided paper accounts.
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TradersPost does not currently allow pausing a broker connection to switch between brokers on lower-tier plans. However, traders can disable a strategy subscription to stop trades without deleting the broker.
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