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Resize Open Position Webhook Explained
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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.
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With the latest update to TradersPost, you can now control the order type directly from webhooks using the new orderType field. This optional field allows you to specify the type of order—market, limit, stop_limit, stop, or trailing_stop—providing greater flexibility and precision in your trading strategies. If not specified, the default order type configured in your strategy subscription settings will be applied. Explore how to use each order type with practical JSON examples, and take your automated trading to the next level.
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We cover how to turn the CM Sling Shot system into an automated TradingView strategy.
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Automated trading provides an enormous benefit to traders that are looking to remove emotion from a bullish or bearish sentiment they may have on the market. Allowing your strategy to be market neutral and going long and short can provide a much more flexible approach to trading.
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Get answers to common automated trading questions including broker performance comparisons, dynamic position sizing, and platform feature updates.
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In the ever-evolving world of trading, where the confluence of multiple technical indicators can signal potent trading opportunities, we're excited to unveil our latest tool for TradingView: the Confluence of Alerts indicator.
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Algorithmic trading and backtesting offer powerful tools for traders, enabling rigorous analysis and execution of strategies at speeds and volumes unattainable by humans alone. However, the human element in the development and interpretation of these systems introduces cognitive biases that can skew results and lead to suboptimal trading decisions. This article explores key cognitive biases to be mindful of in algorithmic trading and backtesting.
Introducing the revamped TradersPost: A blend of aesthetic upgrades and functional enhancements to elevate your trading journey. Key updates include a redesigned menu, simplified strategy creation with integrated webhooks, and a persistent save bar for easy form management. With in-app documentation and a new user menu dropdown, navigating TradersPost is now more intuitive than ever. Plus, discover our setup wizard for a seamless start and enjoy clearer help texts and labels for streamlined trading experiences.
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Take command of your trading strategies with the new Trading Windows feature from TradersPost.
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TradersPost users appreciate the feature that allows for relative position sizing, which dynamically modifies your order volume to match your portfolio's performance. This method enhances your potential for greater returns by scaling your risk in proportion to your portfolio's growth or contraction, safeguarding against overexposure. Essentially, as your trading outcomes improve, your position size increases, and conversely, it decreases when the market is not in your favor.
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As TradersPost continues to grow, we are constantly working to improve our infrastructure. To improve our system further, we are migrating our webhook URLs from traderspost.io to webhooks.traderspost.io
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Even novice traders know that you must constantly research and monitor the market to profit. However, technology has allowed us to eliminate the most challenging part of the work and have the trades executed automatically based on the algorithms we set while enjoying our well-earned free time.
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