Product Update TradersPost Adds Support for Trailing Stops in TradeStation Integration

Trailing stops are a type of stop-loss order that adjusts automatically based on the movement of the market. This means that, as the market moves in your favor, your stop-loss order will be adjusted to lock in more profit. If the market moves against you, the stop-loss will remain at the same level, protecting your position from potential losses.

With this new feature, our users will be able to set a trailing stop-loss on their positions, and the TradeStation integration will automatically adjust the stop-loss as the market moves. This will give our users the ability to maximize their profits while also protecting themselves from potential losses. You can submit orders manually to your broker with a trailing stop loss.

Or you can configure your automated trading strategy subscriptions to include a trailing stop loss with your automated trading entries automatically on every trade.

Or you can send your trailing stop along with your entry signal.

{
    "ticker": "TSLA",
    "action": "buy",
    "price": "182.45",
    "stopLoss": {
        "type": "trailing_stop",
        "trailPercent": 1
    }
}

Or if you want to specify a trail price you can do that as well.

{
    "ticker": "TSLA",
    "action": "buy",
    "price": "182.45",
    "stopLoss": {
        "type": "trailing_stop",
        "trailPrice": "5.00"
    }
}

We are always looking for ways to improve our platform and provide the best possible experience for our users. With the addition of trailing stops in our TradeStation integration, we believe that we are taking another step in the right direction. We hope that our users will find this new feature to be valuable and helpful in their trading activities.

If you have any questions or feedback about this new feature, please don't hesitate to reach out to us. We are always happy to hear from our users and help in any way we can.