Both-real-money-and-a-paper-trade-Alpaca-live-accounts

No, not simultaneously. But that’s a good idea. Perhaps an enhancement could expose two broker providers in the Alpaca extension 🤔

Thanks for considering this. I am finding that different brokers provide substantially different fill prices.

It would be helpful to be running multiple brokers, to find what mix of broker / market / limit orders work best.

I have seen some posts regarding running up to two computers per WL license. Can I run the paper trading Alpaca account on one computer, and the real money Alpaca account on the other ?

It shouldn't be problem if you're using different machines. Just give it a try. Install Wealth-Lab and download your license from the Help menu.

QUOTE:
I am finding that different brokers provide substantially different fill prices.

Add your vote for Market On Open (MOO) orders. No slippage here - you get opening price on the the primary market, which is the Open shown in Wealth-Data.
https://www.wealth-lab.com/Discussion/Broker-Auto-Trade-Preferences-Market-On-Open-Portfolio-Sync-5973

Did the idea of running more than one account on Alpaca go anywhere? I would like to be able to place trades to different Alpaca paper accounts with different strategies. I am currently live trading to multiple Schwab accounts. I can't remember how I got that to work. It looks like Schwab doesn't have an API paper account feature

Could I avoid running WL on a different PC (for the second paper strategy) if instead I created a new user on my PC and installed WL there (to run paper strategy 2 in background)?