How does TradePilot actually place a trade?

Step by step

1. A signal arrives. Either from the Daily Trend feed you subscribed to, or from your own alert sent to your personal webhook.

2. Your rules are checked first. Is trading switched on? Is it inside the hours you chose? Have you hit your maximum trades for the day, or your daily loss limit? Are you already at your limit of open positions? Any one of these stops the trade before it starts.

3. A contract is chosen and sized. Same-day-expiry SPY or QQQ, within the contract price bounds and the capital per trade you set.

4. The order goes to your broker. In your account, under your name. You can watch it appear in your broker's own app.

5. The exit manages itself. Once the entry fills, your exit goes to work. With a fixed stop and take profit, both sit at your broker as resting orders. With trailing tiers, the stop rests at your broker and moves up as the trade gains, never back down, and there is no separate take-profit order, because the trail is what decides when to get out.

6. The day ends flat. Anything still open is closed at 3:45 PM Eastern, or 3:15 PM Eastern on Alpaca, which has an earlier expiration-day cutoff. You do not carry a same-day-expiry position into the close.

What it does not do

• It does not decide what to trade on its own. Everything above follows settings you chose.
• It does not move your money. Funds stay in your brokerage account.
• It does not guarantee an exit price. A stop is an instruction to sell, and a fast market can fill it lower than the level you set.

If something goes wrong

Execution depends on your broker, market data and connectivity, all of which can be delayed or interrupted. Orders can be rejected, partly filled, or filled away from the price you expected. Every fill and exit reason is recorded in your trade log, so you can see exactly what happened and why.