Algo Trading
What is Algo Trading
Algorithmic trading (also called automated trading, black-box trading, or algo-trading) uses a computer program that follows a defined set of instructions (an algorithm) to place a trade.
The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader.
Why to go for Algo Trading ?
You can eliminate biggest enemy of your Manual Trading by shifting to Algo trading.
Biggest Enemy of Manual Trading
– Emotion
– Correct Entry
– Delay in execution
– Stop loss management
– Have to sit in front of Screen
How Algo Trading Works ?
What Algo Service Provider do ?
– Strategies are developed from here.
– Strategies are back tested
– Strategies are deployed.
– Entry Orders are generated
– SL orders are generated
– Target orders are generated
– Orders are cancelled
– Connected to your Broker via API