केसे करते है algo trading ? क्या retail trader algo trading कर सकता है?
Vivek graduated in Commerce, did MBA in (Systems) and followed it with a Program in Applied Finance from IIM-Calcutta. He is co-founder of Dravyaniti Consulting which is a fintech company designing trading strategies. Dravyaniti also provides algo related education and training and runs Algo Convention, the "go-to" conference for algo traders and lovers. Vivek is a self-taught systematic trader who has designed over 100 trading strategies across assets and markets, in 2020, he led the design of Kinetic, which is an unique defined-risk strategy in Bank Nifty options with Sharpe Ratio > 3 (amongst highest in the Industry) and among the top 3 algos deployed on Tradetron Algo marketplace. Vivek loves to read books and go for trips in the Himalayan region.
IN CONVERSATION WITH
Mr. Vivek Bajaj
The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.
About this Face2Face:
In this video of the face2face series, we have with us Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets, in conversation with Mr. Vivek Gadodia, an expert trader and technical analyst who will focus this video on quant trading and algo trading.
This video is an introductory video on the topics of algorithmic trading, also known as systematic or rule based trading, which is quite a new topic in the stock market and often scares novice traders and investors. We will begin this video with an introduction to our speaker, Mr.Gadodia, who started with an MBA in systems and eventually started his own fintech consulting firm which focuses on algo.
To begin the technical discussion, we will discuss the actual meaning of algorithmic trading with some easy examples to understand how it plays out practically in the stock market. We will see how algorithmic trading differs from general trading without automation, along with the help of algo trading software.
Additionally, we will learn about the importance of focusing on executing winning trades that cover our profits, rather than only strive for continuous profits. We will also touch upon the features of a good trading software and how programming languages work to execute trades.
We will then talk about how the payoff ratio with algo rules helps traders cover their losses. Mr. Gadodia will show us a trade of his own over a trading software, and will show us the functions of the various features available when we trade using algorithms. We will explore a very important feature of algorithmic trading, which is their ability to factor in our risk management and money management needs, thus helping us trade to the best of our abilities.
Following this, we will discuss how we can make our trades more accurate with technical analysis. With examples, we will talk about how putting some filters or technical indicators can make all the difference when it comes to making trades with more profits.
To end the video, we will be talking about how algorithmic trading is treated in the Indian stock market and stock exchanges and how the market is gradually becoming more accepting of algo trading, and it might even give way to the allowance of automated trading with lesser regulations