QuantRocket

No trading permission for this license on a Paper Account


#1

Trying to see generated order by executing agains Paper account:
!quantrocket moonshot trade ‘my-strategy’ --review-date ‘2019-01-01’ -o my-strategy.csv
!csvlook -I my-strategy.csv

However, I get the message that “No trading permission for this license, please check your subscription plan and account limit”. My current licence limit is $100,000 USD. But all IB paper trading accounts start with 1,000,000 USD.

What is a general approach to trade on a paper account without hitting this error?


#2

Paper trading is not subject to the account limit but it is first necessary to connect your live account and let the software validate it. First switch to live:

quantrocket launchpad stop -w
quantrocket launchpad credentials 'ibg1' --live

Start IB Gateway and give it a minute to check your live balance. You can then run any command against the blotter to verify the error message goes away:

quantrocket launchpad start -w
quantrocket blotter positions 

Then switch back to paper:

quantrocket launchpad stop -w
quantrocket launchpad credentials 'ibg1' --paper