Does a broker that offers fractional shares change this?

No. Nyria orders whole shares on every broker.

Do options use shares?

No. Options are priced per contract, and one contract covers 100 shares.

Does crypto trade in fractions?

Yes. Any budget works, from a $1 minimum.

Can I test the sizing first?

Yes. Run the bot on Nyria Paper.

Guide

Does Nyria buy fractional shares?

No. Nyria orders whole shares of stocks on every broker. A $500 budget on a $50 stock buys 10 shares. The budget per entry has to cover at least one share. Crypto is different, because it trades in fractions of a coin.

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Official documentation

Size a stock entry in whole shares

1
Check the share price
Look up the price of one share of your ticker.
2
Set the budget per entry
Make it at least the price of one share.
3
Read the example
A $500 budget on a $50 stock buys 10 shares.
4
Deploy on paper
Run the bot on Nyria Paper and watch the first entry.
5
Adjust the budget
Raise it if one share costs more than the budget per entry.

How stock sizing works

Stocks are priced per share.
Nyria orders whole shares on every broker.
A $500 budget on a $50 stock buys 10 shares.

When the budget is small

The budget per entry has to cover one share.
A budget below one share price cannot buy a share.
Raise the budget or pick a cheaper ticker.

Options are sized differently

Options are priced per contract.
One contract covers 100 shares.
Nyria buys as many whole contracts as the budget covers.

Crypto trades in fractions

Crypto is priced per coin and trades in fractions.
Any budget works, from a $1 minimum.
A $100 budget with BTC at $64,000 buys 0.00156 BTC.

Check before you go live

Run the strategy on Nyria Paper first.
Read the known limitations.
A strategy can lose money.

Questions

Does a broker that offers fractional shares change this?: No. Nyria orders whole shares on every broker.
What if my budget is below one share?: The budget per entry has to cover at least one share.
How many shares does $500 buy at $50?: 10 shares.
Do options use shares?: No. Options are priced per contract, and one contract covers 100 shares.
Does crypto trade in fractions?: Yes. Any budget works, from a $1 minimum.
Can I test the sizing first?: Yes. Run the bot on Nyria Paper.

All questions