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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------------------- India's first no-code backtesting tool for traders, In his Profitable Algo-Trading Journey and Upgrade people with Newest tools and technology. Learn more about Stockmock: https://www.stockmock.in/ 📌 Follow us on Social and be a part of an amazing trading community📌 👉 Tweets you cannot afford to miss out on - / stockmock_in 👉 Check out traders success stories, expert opinions, and updates on Linkedin - / stockmock 👉 Explore value-packed reels, carousels and get access to exclusive updates on Instagram - / stockmock_in 📢 Be a part of our one of a kind telegram community: https://t.me/stockmock 🔔 Hit that bell icon to get notified of all our new videos 🔔