Posts

Why algo trading is known to be the next gen trading tool?

Image
What is Algorithmic Trading, and how does it work? Algorithmic trading, also known as automated trading or robot trading, is a computer-assisted trading system that allows traders to depend on computers to perform user-defined tasks like entry and exit according to pre-determined parameters. Algo trading robots utilize mathematical algorithms to assist them decide when to trade and how to take advantage of the finest trading chances, allowing them to complete the transaction without human intervention. Why algo trading is known to be the next gen trading tool? 1 Quick orders  Time is vital for traders since even a few seconds may make a big difference in the result of a deal. As a result, computers that can quickly digest information and create orders as soon as the trade's requirements are satisfied assist traders tremendously. 2 Algorithms do not need breaks  Unlike robots, who can work 24 hours a day, seven days a week without losing efficiency, humans cannot afford to operate
Post a Comment
Read more

What is Algo Trading? Basics & Strategies by KleverTrade

  In recent years, there has been a massive growth of retailers in the stock market. Owing to the ease of access and cheap brokerages by discount brokers such as Zerodha, Upstox and others, retailers seem to have an undying hunger for risk.    While the stock market certainly has risks, they can be minimized effectively with a form of trading called Algo Trading. This blog is a guide on  what is algo trading ,  algo trading strategies  and all other related info.    Also, to make trading much safer and easier for you, we will let you know the  best API for algo trading   and the  best algo platform  later in the post.   What is Algo Trading?   Algo Trading  (or Algorithmic Trading) is the use of computer programs based on a defined set of instructions to place an order and book profits or exit the trade. The speed and accuracy with which the orders are placed are almost impossible for humans.   The set of instructions, i.e. the algorithm is based on certain technica
Post a Comment
Read more