Zero-Cost Algo Setup with Python & Serverless | BankNifty Strategy | StockMock Podcast #22

Welcome to #stockmockpodcast where our Founder Nitish Narang talks to the stock market expert about Algo trading, Risk Management, Psychology, Diversification, Strategy, and many more things.....

Mr. Sumit Raj is an Author of the book "Building Chatbots with Python" and works as a Principal Engineer at Unacademy also an Algo-Trader.
He is among people who had vast knowledge in both domain trading as well as coding apart from this he likes to build end-to-end scalable systems for startups.

Let's talk with him about How you can Build Your Algo Setup In a Day with zero cost using Serverless solutions.

Follow Sumit Raj on Twitter:   / sumit12dec  

Powerpoint presentation : https://drive.google.com/file/d/1auyG...
Code for Reference: https://github.com/sumit12dec/stockmo...

#sumitraj #stockmock #podcast #nitishnarang #banknifty #optiontrading #optionselling #algosystem #python

Timeline

00:00 Teaser
00:45 Intro
03:48 Journey of Sumit Raj and what knowledge he is sharing today.
08:08 Building your algo setup in a day
09:29 Problems in manual trading
10:36 Challenge after Backtesting
11:15 Serverless Solution flow chart
13:45 What is Serverless?
15:53 The Strategy Rules
17:19 Backtested Results on stockmock
19:07 Rules of strategy for coding.
19:58 Let's Dive into code - Rule 1: Part-I
25:56 Rule 1: Part-II
28:09 Rule 2 - Time Set
28:32 Rule 3 - Check SL Hit or Not
29:41 Rule 4 - Re-Execution
30:40 Utility Method (Get data, update data, Insert data)
32:23 Resources to Learn Python
36:14 Utility Method (Find Entry, Exit all positions, Order Status)
40:48 Real Execution on Lambda
49:32 Cost Perspective on Lambda
52:42 Limitation of lambda how to handle using cloud watch.
54:50 Use of Throttle
55:52 API Gateway
56:13 Amazon Cloud Watch
57:28 Productivity and Maintenance Perspective
58:17 Why choose Serverless Lambda over EC2?
59:28 Discussion with sumit about coding and chatbot.
01:09:23 End note

------------ About Stockmock-------------------
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