elearnmarkets
elearnmarkets

@elearnmarkets

6 Tweets 13 reads Dec 27, 2022
How do #Algorithms benefit the world of Stock Trading?
Or does it not? ๐Ÿงต๐Ÿ‘‡
Algos can place a trade using a computer programme that follows instructions (an algorithm).
In theory, the deal can place trades at a pace and frequency that would be almost impossible for a human trader to achieve.๐Ÿ‘‡๐Ÿป
Let's talk about some of the most important perks of Algo Trading.๐Ÿ‘‡๐Ÿป
Now the question arises: Is Algorithmic Trading Safe?๐Ÿค”๐Ÿ‘‡๐Ÿป
Algo Trading minimizes the risk of making mistakes as there is no human involvement. With a proper understanding of the system, markets, and trading strategies, one can become successful.
How do you build an Algo Trading system?
1. Develop and visualize your Trading Strategy
2. Define Timeframe & trading frequency
3. Back-testing the trading Algorithm on Historical Data.
4. Finally!! Step into the powerful world of Algo Trading ๐Ÿ‘‡๐Ÿป
But where to learn and from whom? ๐Ÿค”
An Algo trader with vast experience can teach this, as it requires a lot of back-testing and experience.
Check this out๐Ÿ‘‡๐Ÿป
elearnmarkets.com

Loading suggestions...