- ago
Does Wealth-Lab with the integrated Alpaca interface allow both a real money and a paper trade account to be active and trading in Strategy Monitor ?
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Glitch8
 ( 10.22% )
- ago
#1
No, not simultaneously. But that’s a good idea. Perhaps an enhancement could expose two broker providers in the Alpaca extension 🤔
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- ago
#2
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.

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- ago
#3
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 ?
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Cone8
 ( 9.20% )
- ago
#4
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

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