Hey everyone
How does the capital allocation work for a strategy when the quote currency is Bitcoin for example.
I'm looking to trade bitcoin pairs so would want to allocate capital to my strategy in Bitcoin
Thank you
How does the capital allocation work for a strategy when the quote currency is Bitcoin for example.
I'm looking to trade bitcoin pairs so would want to allocate capital to my strategy in Bitcoin
Thank you
Rename
Much to my own dismay, Wealth-Lab doesn't have a concept of multi-currency. (Vote for that here by giving a thumb's up in the Topic starter post: https://www.wealth-lab.com/Discussion/Cross-Multi-Currency-Simulations-5984)
Consequently, to trade in BTC, you set your Starting Capital to a number of BTC's.. it can be fractional, but the minimum is 1.
Because we don't have cross-currency, you can only mix symbols with BTC as the second pair, like ETH/BTC, LTC/BTC, XRP/BTC etc. The results, then, will be in "BTC".
Does that answer it?
Consequently, to trade in BTC, you set your Starting Capital to a number of BTC's.. it can be fractional, but the minimum is 1.
Because we don't have cross-currency, you can only mix symbols with BTC as the second pair, like ETH/BTC, LTC/BTC, XRP/BTC etc. The results, then, will be in "BTC".
Does that answer it?
Yes that's very helpful thanks Cone
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