Algorithmic trading (also known as Robotic trading, automated trading, black-box trading, or algo-trading) uses a computer program that uses an algorithm (defined set of codes) to place a trade. The trade, in theory, can generate profits at a speed and frequency that is impossible for a human trader.
The defined sets of instructions are based on timing, price, quantity, or any mathematical model. Apart from profit opportunities for the trader, algo-trading renders markets more liquid and trading more systematic by ruling out the impact of human emotions on trading activities.
How Algorithmic Trading is different from Manual Trading?
In Manual trading, trader sits in front for charts nearly 12 to 14 hours a day, They manually analyze market & opens trades based on his strategy. Manual traders miss opportunities while they are sleeping, when their eyes are away from charts. Manual traders are subjected to Anxiety, Fear of loosing trade, Frustrations and even Greediness. Entry points are not accurate as there will be human delay between analysis and opening trade.
But in Robotic/Algorithmic Trading, Algo trader trades with the help of Artificial Intelligence (Robot) which is a computer programmed algorithm. It places trades based on inputs given & can generate profits at a speed and frequency that is impossible for a human trader. Robots are awake 24/7 in VPS server, Robots trades even while you are sleeping so you won't miss any opportunities. You just need 1 hour a day to check and optimize your robot settings. Robots are not subjected to Anxiety, Fear of loosing trade, Frustrations or Greediness. Entry points are accurate.
Advantages of Algorithmic Trading
1. Trades are executed at the best possible prices.
2. Trade order placement is instant and accurate (there is a high chance of execution at the desired levels).
3. Trades are timed correctly and instantly to avoid significant price changes.
4. Reduced transaction costs.
5. Simultaneous automated checks on multiple market conditions.
6. Reduced risk of manual errors when placing trades.
7. A good source of passive income, while you sleep or relaxing, let your Robot awake for 24hrs in VPS server and trade based on instructions given by you.
8. Algo-trading can be backtested using available historical and real-time data to see if it is a stable profitable strategy.
9. Reduced the possibility of mistakes by human traders based on emotional and psychological factors.
10. Algo Trading is the future of Trading about 70% of volume is derived from Algo Traders.
Requirements for Algorithmic Trading
Knowledge on Dynamics of Market, Indicators, Technical analysis Fundamental analysis, Sentimental analysis, Price action, Various Manual Trading Strategies, basics of Algorithmic Trading, Backtesting, Forward testing with real tick data, Optimisation of Expert advisors, Risk and Money Management Techniques etc
A proven scientific strategy for long term stable profit. Basic knowledge on coding to transform your manual Trading strategy into Algorithm, hired programmers, or pre-made Algorithm (Robot).
Availability of historical data, real-time data for backtesting of algorithm. The ability and infrastructure to backtest Algorithm once it is built before it goes live on real markets.
Access to Trading platforms, Internet connection, Platform to run Algorithm (Robot) for 24 hrs in Raspberry pi or in Virtual Private Server.
Good mentors to monitor you for long-term stable profit.
Mentors system in Trading
Any kind of trading whether its Manual or Algorithmic is impossible without mentors. Mentors are like drivers who takes passengers to their destination. In the similar way Mentors guide their traders to achieve long term stable profit.
Our mentors are from USA (AustinCad), Russia (Valeria) & Indonesia(Permono). Our mentors are connected to us through Telegram private groups, discord & whatsapp.
You can check one of our mentors account growth from side bar of this website.We optimise Algorithm based on instructions from mentors.
I have given detailed explanation about mentors system in the below chart


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