Build a LIVE Algorithmic Trading Bot with Python, Lumibot and Alpaca: A Step-by-Step Guide
Matt Macarty
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Welcome to my channel where we take complex concepts in statistics, data science analytics and break them down to their essentials. My goal is to help you better understand topics that might at first seem confusing. Examples demonstrate concepts in an applied manner with my tools of choice being Python and Excel, but you will also find tutorials on MySQL, R, minitab and SPSS. Whether you are looking for an explanation of hypothesis testing or want to know how to use tools like matplotlib, you have to come the right place. Most of the content used in my tutorials is available for download at: https://alphabench.com/resources.html
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@MattMacarty #algotrading #python #tradingbots #algorithmictrading #lumibot #alpaca #alpacamarkets #livetrading #quantfinance *** Note you also need to set broker = "Alpaca" in the .env file *** How to Code a Trading Bot in Python Building a LIVE Stock Trading Bot with Python, Lumibot and Alpaca: A Step by Step Guide ✅ Get 20% off at Lumiwealth with coupon code MACARTY20! https://lumiwealth.com/#Plans (I do not get a commission) ✅ Please SUBSCRIBE: https://www.youtube.com/subscription_center?add_user=mjmacarty ✅ Get the code: https://github.com/mjmacarty/algorithmic-trading ✅ Lumibot Documentation: https://lumibot.lumiwealth.com ✅ Alpaca Markets: https://alpaca.markets ✅ Working with polygon data: https://youtu.be/mhUKp-VMJXk ✅ Working with options data from polygon: https://youtu.be/0xOHf3UfZdY ✅ Visit https://alphabench.com for more Excel, Python and MySQL tutorials ✅ Interested in backtesting in general? https://youtu.be/VzE2nV39cQg ✅ Want to see a trading algorithm in action: https://youtu.be/YjONqP78HHw ***This video is for educational purposes only. It should not be construed as investment advice.*** In this video, you'll learn how to build a simple algorithmic trading bot using Python, Lumibot, and Alpaca. We'll start by setting up a paper trading account on Alpaca and then configure Lumibot to interact with it. Key topics covered: * Setting up a Paper Trading Account: Learn how to create a free paper trading account on Alpaca to test your strategies without risking real money. * Configuring Lumibot: Understand the basics of Lumibot and how to set up your environment variables to connect to your Alpaca account. * Implementing a Simple Buy-and-Hold Strategy: We'll build a straightforward strategy that buys a specific asset and holds it for a certain period. * Backtesting Your Strategy: Evaluate your strategy's historical performance using Lumibot's backtesting capabilities. * Deploying Your Bot: Learn how to deploy your bot to a live trading environment and execute trades automatically. * Whether you're a beginner or an experienced trader, this video will provide you with a solid foundation for building your own algorithmic trading bots.
Trading Bot Essentials
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