shilpa
16 Jan 2025, 11:36
( Updated at: 21 Jan 2025, 21:08 )
Yes, algo trading (algorithmic trading) is legit and widely used in financial markets by institutions and individual traders. It involves using computer programs to execute trades based on predefined strategies, allowing for speed, precision, and the elimination of emotional decision-making. Many stock exchanges and brokers support algo trading, and it's regulated in most jurisdictions. However, like any trading method, it requires proper knowledge, testing, and risk management. While it offers advantages such as faster execution and reduced human error, improper implementation can lead to losses, so it's essential to use trusted platforms and strategies.
shilpa
16 Jan 2025, 11:36 ( Updated at: 21 Jan 2025, 21:08 )
Yes, algo trading (algorithmic trading) is legit and widely used in financial markets by institutions and individual traders. It involves using computer programs to execute trades based on predefined strategies, allowing for speed, precision, and the elimination of emotional decision-making. Many stock exchanges and brokers support algo trading, and it's regulated in most jurisdictions. However, like any trading method, it requires proper knowledge, testing, and risk management. While it offers advantages such as faster execution and reduced human error, improper implementation can lead to losses, so it's essential to use trusted platforms and strategies.
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