From paper to live
Run a strategy on live prices with simulated orders, then switch it to place real orders in your broker account.
Every strategy can run in one of two modes:
| Mode | Prices | Orders |
|---|---|---|
| Paper | Live market data | Simulated - no money moves |
| Live | Live market data | Real orders in your connected broker account |
Paper trade first
- Make sure your broker is connected - paper trading uses its live market data.
- On the strategy, set the Paper / Live switch to Paper.
- Start the strategy. It now evaluates every new candle and records simulated trades.
Watch it for at least a few sessions. Check the Run log to see what the strategy evaluated on each candle and why it did or didn't trade.
Go live
When you're comfortable with how the strategy behaves:
- Stop the strategy.
- Set the switch to Live.
- Start it again. From the next signal, orders go to your broker account.
Live trading needs a plan that includes it, and each plan limits how many live strategies can run at once. See plans and billing.
Start with a small quantity. Know how to square off positions directly in your Angel One app. Keep an eye on the Order log and Positions pages while a live strategy runs, and read the risk disclosure.
Stopping
Stopping a strategy stops new orders. It doesn't close positions it has already opened - manage those from Positions or in your broker account.