Can we trade 0.1 crypto using SetCash function? I am writing my own trading strategy and it seems like invoking 0.1 bitcoin would lead to unexpected large amount of asset?
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Can we trade 0.1 crypto using SetCash function? I am writing my own trading strategy and it seems like invoking 0.1 bitcoin would lead to unexpected large amount of asset?
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.
Adam W
SetCash should be used to initialize the starting capital of your account in USD. To trade 0.1 Bitcoins, you should do MarketOrder('BTCUSD', 0.1).
Junyi Sha
So, would this be in initialization or OnData? I would like to possess an initial porfolio of 0.1 bitcoin.
Derek Melchin
Hi Junyi,
To set our initial portfolio with 0.1 bitcoin, we would add
self.SetCash('BTC', 0.1)
to the Initialize method.
See the attached backtest for reference.
Best,
Derek Melchin
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.
Junyi Sha
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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