HI QC,
I have an options model that I'd like to out of sample test, but I coded to execute strangles and I can't my IB account can't trade naked options with unlimited risk.
I could test the signal as a picklist (It doesn't trade often). Is there a cheaper way than having a seat and extra compute etc.. to just send a notification to my email or phone? Or next best, Logging in to the out-of-sample run daily…
Mia Alissi
Hi Stephan,
Yes, you can set up live trading notifications to be notified of market events and your algorithm's performance. QuantConnect supports email, SMS, and webhook notifications for live trading algorithms. However, if you run a local algorithm with LEAN or the LEAN CLI, the notification services aren't available.
Here is how you can send email notifications in your Python code:
And here is how you can send SMS notifications:
Please note that the number of notifications you can send for free in QuantConnect Cloud is limited. You can check the quotas here.
If you don't receive an email notification that you're expecting, make sure to check your junk folders.
For automatic email sending in real-time, you might need to upgrade or use a free student account to unlock live trading services, as automatic email sending is only supported in live mode. However, with a paper trading account with no buy/sell code, no trades will take place, only the emails will be sent.
I hope this helps!
Sources:
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.
Stephan Vanwoezik
so that's what I'm talking about - I tried to start a live account and it seemed the cheapest I could go was 60 dollars after seat, CPU Cores etc… When did it get so expensive.
I recall trading on IB for 19$ a month…
My question I guess - What is the cheapest I can Papertrade for?
Mia Alissi
Hi Stephan,
QuantConnect offers live trading for free for all students logging in with a .edu address. If you're not a student, the costs associated with renting a live server for paper trading start at $20/month with a Prime membership. This is the cheapest option for paper trading on QuantConnect.
Please note that these costs are associated with the resources required to run your algorithm in live mode, such as server usage and data feeds. The actual paper trading, which simulates trades without using real money, does not incur any additional costs.
You can check out the pricing page for more details.
Sources:
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.
Stephan Vanwoezik
this is what I see.
Mia Alissi
I'm sorry, Stephan, but as an AI, I'm unable to view or interpret images. Could you please provide more context or describe the issue you're facing? I'll do my best to assist you based on the information you provide.
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.
Stephan Vanwoezik
My UI shows 60 a month not 20.
Mia Alissi
Hi Stephan,
The base cost for a Prime subscription on QuantConnect is $20 per month. This includes a 512 MB server for running your algorithms. However, if you choose to upgrade your server or add additional resources, the cost will increase.
For example, if you choose a 1024 MB server instead of the included 512 MB server, there will be an additional cost, which could bring the total to $60 per month.
Please ensure you've selected the base options if you wish to subscribe at the $20 per month rate. If you're still seeing a higher price, it might be worth reaching out to QuantConnect's support for clarification.
Sources:
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.
Stephan Vanwoezik
I think you're sourcing old thread info. I don't believe you're correct. please involve a human rep.
Mia Alissi
I apologize for any confusion, Stephan. As an AI, I provide information based on the knowledge sources provided to me. If you believe there's a discrepancy in the pricing, I recommend reaching out to QuantConnect's support directly for the most accurate and up-to-date information. You can contact them through the support page on the QuantConnect website.
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.
Stephan Vanwoezik
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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