Test & Live Mode¶
1. What is Virtual Trading or Test Mode ?¶
The test mode on AlgoBulls is a virtual simulation of the real markets. You can test a strategy in live markets without risking any money through paper trading, modify strategies using the tweak option and test the past performance data for that strategy through backtesting.
2. What is Live Trading or Live Mode ?¶
The live mode is where you can execute strategies to begin live trading. These strategies are executed in the live markets with real brokers and real money involved.
3. How to switch between Live & Virtual Trading Modes?¶
The Choose Strategy Marketplace includes more than 150+ strategies that you can choose from and begin trading. However, in order to achieve the desired results, the appropriate mode must be selected. Follow the below step to switch modes:
i. Switch to Test Mode¶
Ensure the toggle button on the bottom left side of the website is switched to the test mode.
A pop-up appears, click Yes if you would like to confirm the changes.
In the test mode, you can backtest or paper trade in 4 simple steps. To understand how to begin virtual trading, click here.
ii. Switch to Live Mode¶
Switch the toggle button on the bottom left side of the website to live mode.
A pop-up appears, click Yes if you would like to confirm the changes.
To avoid additional charges for services used in live trading, ensure you subscribe to a plan from the Plans & Wallet section.
To know more about live trading, click here.