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Hi,
I managed to connect my paper-trading account on IB to my algorithm. I set cash for the algorithm to only $30.000.
During the trading session, I can see that the "Equity" field contains $1.000.000, and the algorithm makes orders for the whole amount of money. Isn't `SetCash` supposed to limit the available amount of money for the algorithm?
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Rahul Chowdhury
Hey Kaut,
The algorithm, during live trading with supported brokerage paper/demo accounts, ignores statements like SetCash, SetStartDate, etc. Those statements are exclusive to backtesting, except for SetCash in QC paper trading. During live trading with brokerages, your account value will be used as your initial cash balance.
Kuat
The material on this website is provided for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation or endorsement for any security or strategy, nor does it constitute an offer to provide investment advisory services by QuantConnect. In addition, the material offers no opinion with respect to the suitability of any security or specific investment. QuantConnect makes no guarantees as to the accuracy or completeness of the views expressed in the website. The views are subject to change, and may have become unreliable for various reasons, including changes in market conditions or economic circumstances. All investments involve risk, including loss of principal. You should consult with an investment professional before making any investment decisions.
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