Position Limit Warnings

Position limit warnings occur when you reach the maximum allowable positions for a bot or the trading day.

Bots have safeguards and limits that alert you when an automation encounters a warning. Daily and total position limits prevent overtrading by limiting the max number of positions a bot can have open at one time and in a single trading day.

Daily position limit

The daily position limit is the number of positions a bot can open in a single trading day. The “daily position limit” warning occurs when a bot attempts to add a position that exceeds the number of new positions allowed.

Total position limit

The total position limit is the max open positions a bot can have at one time. The “total position limit” warning occurs when a bot attempts to add a position that exceeds the maximum number of positions allowed for the bot.

There is no limit on closing positions. Once a daily position limit is reached, the bot won't open new positions unless you edit the safeguards. If a bot is at its max position limit and closes a position, new room becomes available to add a new position, assuming the daily position limit has not been hit.

You can always edit your bot's position settings in the Safeguards section of the Settings tab.

PreviousCapital WarningsNextTrade Enforcements

Last updated

Was this helpful?