Learn how to build a Python trading bot for real-time algorithmic trading in this complete step-by-step tutorial. You'll connect to live market data, implement an AI-powered trading strategy, and automate trades using Interactive Brokers. Whether you're interested in day trading bots, algo trading with Python, or just want to explore automated trading strategies, this tutorial covers it all. Perfect for beginners and aspiring quant traders looking to break into algorithmic trading using Python. By the end, you'll have a fully functional Python trading bot making real-time paper trades! 🧠 *Sign up for Datalore:* https://jb.gg/check_datalore Use promo code Analyze_Like_Ryan for 50% off Datalore Cloud (monthly or yearly) 📓 *Copy the Datalore Notebook Template:* https://jb.gg/datalore_notebook ✅ *Final Code Notebook:* https://jb.gg/datalore_project 📊 *Get 10% Off The Financial Data API Used In This Video - Use Code OCONNELL10 for a Discount!* 👉 https://ryano.finance/polygon 📈 *Sign up for an Interactive Brokers Account:* (click “Open Account”) https://www.interactivebrokers.com/en/whyib/overview.php 💾 *Download TWS & TWS API:* https://www.interactivebrokers.com/campus/ibkr-api-page/twsapi-doc/#api-introduction Chapters: 0:00 – Intro to Building an AI Paper Trading Bot 1:00 – Sign up for Development Environment: Datalore 1:30 – Create a Copy of the Code Notebook 2:00 – Sign Up for an Interactive Broker’s Account 3:10 – Download Trader Workstation (TWS) & TWS API 4:48 – Configure TWS for API Access 7:42 – Set Up SSH Tunnel Between Datalore & TWS 8:33 – Import Python Libraries: nest_asyncio & ib_insync 9:32 – Connect Datalore to TWS 10:40 – Print Server Time to Test Connection 11:14 – Enter a Test Buy Order 12:51 - Enter a Test Sell Order 13:42 – Retrieve Free Historical Stock Prices From IBKR 14:51 – Create a Simple Moving Average Graph 17:44 – Implement the Simple Moving Average Strategy 18:46 – Run the Simple Moving Average Strategy 20:55 – Use Live Stock Data to Make Real-Time Trades 21:49 – Using a More Powerful Machine to Run a Real-Time Strategy 22:35 – Use Code Promo Code for 50% Off 23:12 – Switching the Machine & Restarting the Kernal 24:43 – Connecting to Live Data Source Polygon 25:42 – Explain Our Real-time Simple Moving Average Strategy 26:56 – Connecting to Polygon.io Websocket to get Live Data 27:52 – Visualize Our Real-time Simple Moving Average Strategy 28:35 – Run Code to Start the Trading System 28:58 – Explaining Code to Monitor the Trade Signals 31:35 – Start Real-time Trading Signal Visualization 32:56 – Enable Trading For Algorithmic Bot 33:40 – Run the Live Algorithmic Trading Bot! 35:14 – Analyzing the Results of the Algorithm 36:38 – Next Steps For Algo Trading In My Paper Trading Account *Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. This content is provided by a paid Influencer of Interactive Brokers. Influencer is not employed by, partnered with, or otherwise affiliated with Interactive Brokers in any additional fashion. This content represents the opinions of Influencer, which are not necessarily shared by Interactive Brokers. The experiences of the Influencer may not be representative of other customers, and nothing within this content is a guarantee of future performance or success. None of the information contained herein constitutes a recommendation, promotion, offer, or solicitation of an offer by Interactive Brokers to buy, sell or hold any security, financial product or instrument or to engage in any specific investment strategy. Investment involves risks. Investors should obtain their own independent financial advice and understand the risks associated with investment products and services before making investment decisions. Risk disclosure statements can be found on the Interactive Brokers website. Interactive Brokers is a FINRA registered broker and SIPC member, as well as a National Futures Association registered Futures Commission Merchant. Interactive Brokers provides execution and clearing services to its customers. For more information regarding Interactive Brokers or any Interactive Brokers products or services referred to in this video, please visit www.interactivebrokers.com. Any discussion or mention of an ETF is not to be construed as a recommendation, promotion or solicitation. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice. Additional disclosures can be found here: https://docs.google.com/document/d/1aXvIW5rt8vZs2B5DewAU_YEhCI06cp_uGhymbdsHF0g/edit?usp=sharing