Once a user has tested their strategy and is relatively confident of its working, the user can deploy the strategy on paper trade mode before allocating capital to it
Running a paper trade is super easy
1. Click on Paper Trade on the bottom tab
2. You can then select the
- Candle period
- Time period
- Trading period
to run the Paper trade. These parameters differ from market to market.
3. On running the paper trade it will directly be visible and you will be able to see real-time results. Clicking on the same will give you a summary of the running paper trade
4. To view details of a paper trade click on the 'view details' icon. To stop the paper trade you can press the stop icon.
Once you are satisfied with the results of the strategy, can allocate some capital and put the strategy on live trading!