Glitch8
 ( 13.91% )
- ago
We just rolled out a new feature here on the web site, called Wealth$im (https://www.wealth-lab.com/WealthSim). If you remember the old days of WL.com, we had a feature called "MarketCalls", and Wealth$im is the 21st century version of the old MarketCalls.

Everyone has a $100,000 simulated "account" to place end-of-day trades. You can place Market, Limit, or Stop orders only while the US stock market is closed. All WealthData symbols are supported (S&P500 stocks and major ETFs.) We process the trades each day after market close.

Not in place yet, but in Phase II of this project you'll be able to subscribe to other users' Wealth$im accounts and receive their daily signals.

Place your orders and let's see who will wind up on the Leader Board!
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- ago
#1
What's the difference between this and wealthsignals?
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Glitch8
 ( 13.91% )
- ago
#2
WealthSignals has the ability to upload backtest results and is generally geared toward strategies. Wealth$im is tied directly to your wl.com account instead.
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Neverlong8
 ( 14.39% )
- ago
#3
Would help if, when daily portfolio changes are made, authors can know how much is left in their account that can be invested instead of guessing or getting out the calculator.
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Glitch8
 ( 13.91% )
- ago
#4
It's available here in the Dashboard:

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Cone8
 ( 32.23% )
- ago
#5
Does Wealth$im use 2:1 margin?
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Glitch8
 ( 13.91% )
- ago
#6
No, but it does provide a fixed $5000 "margin" to avoid cases where prices gap just above the designated entry price on 100% of equity trades.
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- ago
#7
Is the plan to have wealth$im to replace the soon to be retired wealthsignals once the subscriber option has been activated?
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Glitch8
 ( 13.91% )
- ago
#8
That’s an idea we’ve been tossing around!
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- ago
#9
I am missing one position in the dashboard (AT1.DE)?

Does anyone know why?


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Cone8
 ( 32.23% )
- ago
#10
Good question. We'll look into it. However, you do own the position because it's listed in Open Positions. Did you try refreshing the page?

Also, it's interesting that you're trading EUR positions - we're going to have to apply a USD base currency to Wealth$im!
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- ago
#11
Hi Cone,

yes, I have refreshed the page. Nothing change.
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Cone8
 ( 32.23% )
- ago
#12
We just ran the update for today. Any change?
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- ago
#13
The position AT1.DE is available, but the position are not "open," The same with VOW.DE.
VOW.De is rising over 130.00 €.


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Cone8
 ( 32.23% )
- ago
#14
I think the problem here is the current inability of Wealth-Data to update the German tickers on the same day - they're coming in a day late. I'm not sure when that will be resolved.

Frankly, we didn't expect trading to be enabled for non-U.S. symbols, and, we really need to roll out the Multi-Currency upgrade for the results to be valid here.
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- ago
#15
Okay. Thanks Cone.

I assume that my positions will remain open until the upgrade will occur?
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Cone8
 ( 32.23% )
- ago
#16
No idea. We need Glitch's attention on this one.
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Glitch8
 ( 13.91% )
- ago
#17
I think we'll need to block German equities in Wealth$im because we can't support them properly.
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- ago
#18
Bad. My performance will gone.
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- ago
#19
Is there any forecasted date of when the subscription service to wealth$im may go live? Thanks!
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- ago
#20
Any update on this?
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Glitch8
 ( 13.91% )
- ago
#21
Not at the moment, no.
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- ago
#22
After reading https://www.wealth-lab.com/blog/auto-trade-with-c2-collective2
I have some interest to - one day - publish my strategy on CS2.

Now I see wealth$im. Is the goal that, with wealth$im you can do the same as with CS2? Publishing automated signals to followers of someone's WL-strategy?
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