Chokstock Algo Account Managed Services FAQ

Please reach us at chokstock.quantiply@gmail.com if you cannot find an answer to your question.

What is Algo Trading?

Algorithmic trading is a method of executing a order (too large to fill all at once) using automated pre-programmed trading instructions accounting for variables such as time, price, and volume.
Algorithmic trading(automated trading, black-box trading, or simply algo trading) is the process of using computers programmed to follow a defined set of instructions for placing a trade in order to generate profits at a speed and frequency that is impossible for a human trader.

How does it work?

Algorithmic trading works by following a set of instructions that are programmed into the computer. These instructions are designed to buy or sell stocks/scrip/instruments at specific times and prices.Algorithmic trading systems are typically programmed with specific sets of instructions that dictate when trades should be made. These instructions are often based on technical analysis, which uses past market data to predict future trends. The system will then automatically buy and sell stocks at predetermined times.
The algorithm will then execute these trades automatically without any human intervention.

What is Chokstock Algo Account Managed Services?

Chokstock Algo Account Managed Services is a service that allows traders to have their accounts managed by experienced professionals. Our team of experts will create Daily Token Generation on behalf of you also set Combination of strategies and execute trading strategies for you, while you sit back and relax.

Which brokers can I use with Quantiply?

You can use Chokstock with the following brokers: Zerodha, Finvasia, IIFL, Angel One, Upstock.

What is the process for getting started with Chokstock?

To get started with Chokstock, you will need to have a broker account with one of our partner brokers. Once you have an account, you will need to share your broker code with us. We will then proceed with the broker API set-up and help you select the best trading strategies.

How much does Chokstock Algo Account Managed Services cost?

How are trading strategies selected for my account?

Our team of experts will work with you to determine the best strategies for your account based on your capital and risk profile. We will create a customized combination of strategies that are tailored to your specific needs

How are trades executed?

Trades are executed directly into your broker account under our supervision. If there are any errors or issues, we will handle them from our side at no extra charge to you.

How often are trades executed?

Trades are executed based on the specific strategies that are selected for your account. Some strategies may require more frequent trades, while others may be more long-term in nature.

What kind of support is available?

We offer comprehensive support for our clients. We are always available to answer any questions and provide guidance as needed.

Is there a minimum investment required?

Yes, there is a minimum investment required to use Chokstock Account Managed Services. The exact amount varies depending on your broker and the specific strategies selected for your account.

What are the benefits of Algo Trading??

Trades are executed at the best possible price.
Trade order placement is instant and accurate (there is a high chance of execution at the desired levels).
Trades are timed correctly and instantly to avoid significant price changes.
Reduced transaction costs.
Simultaneous automated checks on multiple market conditions.
Reduced risk of manual errors when placing trades.
Algo-trading can be backtested using available historical and real-time data to see if it is a viable trading strategy.
Reduced the possibility of mistakes by human traders based on emotional and psychological factors.
Every trader has a life cycle of trading where he goes through a high and lows of emotions with his profit and losses in the trading. This drastically hampers his manual trading decision making. Algo trading or Artificial intelligence helps a trader overcome his emotional quotient and remove all trading biases and past emotional backlogs.
If algorithmic trading is done with discipline and using the right combination of strategies, it can be a good long term wealth creation option.

How do I get started with Chokstock Account Managed Services?

To get started with Chokstock Account Managed Services, simply visit our website and follow the steps outlined on our Getting Started page. If you have any questions, feel free to contact us for assistance.