Is there a function like SetCash() to withdraw or sacrifice/ cash ? I need this in order to simulate a withdrawal each year to pay income taxes and capital gains from trading. The tax effect is obviously a massive factor that is not taken into account in developing portfolios and I need to incorporate this in order to determine the real difference in performance over a long period of time. Certain strategies will have a bigger impact on taxes than others.
Louis Szeto
Hi Franky
Withdrawal of cash can be simulated by
Note that you'll be at risk of margin call liquidation in backtesting. Also, it cannot be used in live mode. You will have to stop the algorithm, make the withdraw and then redeploy in live trading.
Best,
Louis Szeto
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Franky
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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