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Paper Trading Licenses
#1
Paper Trading Licenses

Interactive Brokers
These licenses let you trade on the real market with simulated money. Paper trading licenses can be used indefinitely for as many accounts as you have.
You can generate a paper trading license by simply running APM with your paper trading account, as described here (please sign up on the forum to view this link).

Binance and Binance US
Binance and Binance US do not support paper trading for crypto BUT you can manage up to $3,000 USD for free with APM
To get a free license, simply set up the connection to Binance with APM and check "Free Test License"
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#2
Recently, I have been recommending to a lot of fellow traders, that they should run Alera connected to the paper trader from Interactive Brokers. It's a great way to test your trading systems and you can do it all for free. I have Alera running over 30 systems on the paper trader now and I plan to add even more. I have signals being fed into Alera from Amibroker, RealTest and Excel. I keep an eye on the equity/PnL chart that Alera automatically creates on all of those systems and that helps me to decide which systems to run for live trading. 

I think this would be a great marketing angle for Alera, to urge traders to take advantage of the free paper trading setup. I think it would be good to make a video about all the advantages of testing multiple systems on the paper trader. Once the traders realize how well their systems run on the paper trader, I'm sure that most of them will want to subscribe to the live version. I would think that as Alera gains subscribers that Alera would have more resources that they could use to continue to make their product even better.
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#3
(12-23-2021, 08:09 AM)Marcel Wrote: Recently, I have been recommending to a lot of fellow traders, that they should run Alera connected to the paper trader from Interactive Brokers. It's a great way to test your trading systems and you can do it all for free. I have Alera running over 30 systems on the paper trader now and I plan to add even more. I have signals being fed into Alera from Amibroker, RealTest and Excel. I keep an eye on the equity/PnL chart that Alera automatically creates on all of those systems and that helps me to decide which systems to run for live trading. 

I think this would be a great marketing angle for Alera, to urge traders to take advantage of the free paper trading setup. I think it would be good to make a video about all the advantages of testing multiple systems on the paper trader. Once the traders realize how well their systems run on the paper trader, I'm sure that most of them will want to subscribe to the live version. I would think that as Alera gains subscribers that Alera would have more resources that they could use to continue to make their product even better.

I appreciate the support! We already indicate on our website that Alera can be used for free, but it's definitely not as prominent as it should be. I'm glad to hear that you're very excited about the software and the paper trading aspect. We will definitely add a larger marketing focus on the fact that paper trading with Alera is free.
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#4
I am from India and gone through your webinar which was very informative. The software which you are using is really fantastic. Unfortunately in Indian mkt there is no such software available for retailers where multiple strategy can run simultaneously with different settings for each strategy. I am really interested to use this one for my multiple automation of my multiple strategy
Is it possible to make available this software for Indian brokerd where a lot of them giving api free with all the rileavent documentations.
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#5
(02-12-2022, 02:19 PM)kislay Wrote: I am from India and gone through your webinar which was very informative. The software which you are using is really fantastic. Unfortunately in Indian mkt there is no such software available for retailers where multiple strategy can run simultaneously with different settings for each strategy. I am really interested to use this one for my multiple automation of my multiple strategy
Is it possible to make available this software for Indian brokerd where a lot of them giving api free with all the rileavent documentations.

The broker we use (Interactive Brokers) supports trading on Indian exchanges. Please give this a try and let me know if you run into any issues. You can set up a free paper trading account with interactive brokers.
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#6
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