Zerodha has been at a forefront of technology and information race. You have made both technology and information accessible to retailers.
With initiatives like varsity, Tradingqna you made information/education about “all things trading and investing” easily accessible to the public.
Initiatives like @smallcase even made mutual funds style portfolio investing easily accessible, understandable to the retail.
Streak made algo trading similarly accessible to the public.
I am wondering why such steps has not been taken for API and algo trading.
We pay miniscule fees in terms of brokerage, AMC and still get such extensive services from Zerodha and co.
But even with 2k pm fees for API access no such facility is provided to us.
I am new to algo trading and would love to have a help and support from zerodha just like I get for trading on kite.
What you can do is appoint some tech support who will guide a newbie through the installation and setup of the algo on his machine. You can create few sample algos (like examples provided by streak on their platform) and sample UIs etc. And get it up and running on the clients machine using remote access or by instructing on phone.
Kite.trade forum is of no use. Believe me. Here on TQA we have our beloved @siva who has patience to reply even silliest questions. On that forum no one gives shit about a newbie. I dunno who the hell runs that forum. It feels like as if forum is by and for Tech wizards and engineers.
I know at least 6-7 ppl from tweeter who were willing to try API and algo trdaing but couldn’t do anything after frustrated attempts. Its not as if retailers aren’t looted in this field. I was asked upwards of 50k for simple algo of ORB in python. Was told that this is 3-4 weeks work and there are many complex things like “UI”.
Plz look into this. This is of utmost importance to increase retail participation in Algo trading.