3 to 4 weeks for your easier/easiest strategies if you have some (bare minimum is enough) amount of coding experience. Even basic experience writing loops helps the process.
1/ A primer on how I achieved end to end automation via algos.
First up, Why?
Trades execute the moment your setups trigger. No hesitating/panicking/worrying/overthinking when you need to take a new trade daily. That's why. Also, spend less screen time going fwd.
3 to 4 weeks for your easier/easiest strategies if you have some (bare minimum is enough) amount of coding experience. Even basic experience writing loops helps the process.
- Zerodha API subscription (2k per month).
- Historical data subscription (2k per month). You can unsub after the first month if you don't need it.
- Udemy course (Price keeps changing but it's 490/- right now).
- AWS (Free tier for the first year)
Python as it is relatively easy with a lot of inbuilt libraries. C++ is better and faster I'm told but it's not like you are running nanosecond HFT strategies with your peasant like retail capital.
https://t.co/Ao7dCxS7kx By going thru this course and following it step by step.
(This is for Zerodha&Python. If you are on another broker then you'll need to spend additional time to understand your broker's API and functions)
It is that simple but simple is not easy. Post that course, you will need to spend a lot of time on google, Youtube, Stackoverflow etc. for all the questions and issues you'll have. It's part of the process
- Are you a genius? Always have been
- Do I have to turn on my PC daily to keep the algos running? No. End to end automation. Your algos run in the cloud on AWS. You can run them from your PC if you want. It's up to you on which path you want to take
- Do I need to know/install Linux? Yes, if you choose to deploy stuff from the cloud. It's not that hard. Trust me
8.2/n
- Python, you'll learn it on a "as you go" and "need only" basis. You don't have to know everything. https://t.co/KEZmnqh5UJ This guy has good Python tutorials. Use them wisely.
Sample Zerodha codes: https://t.co/wz26rtqtI0
@sakuag333 @f2003062 @TarunNayak2905 @jigspatel1988 @vishalmehta29 @TraderLogical @avi_gadicherla @quatltd
More from Trading
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
5: When to play directional:
— Nikita Poojary (@niki_poojary) December 18, 2022
Whenever the index is moving in a single direction, its important to go with the trend.
A few weeks ago when BNF broke out of the cup and handle pattern, all we had to do was sell PEs.
Pls note: weekly TF chart is attached to just show the C&H BO pic.twitter.com/z0wgUzJW8t
Eg
#VOLTAS Another cup & handle pattern for cash positional pic.twitter.com/Jsc99xJfwY
— Nikita Poojary (@niki_poojary) October 23, 2019
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