A lot of people are now moving towards what traders are trying to do in US, UK and other developed nation – Algorithmic and Quantitative Trading.
So I thought let me write a quick post and tell you what it is.
Algorithmic trading is basically done by machines. You must be thinking – wow machines who do not have any emotions of greed and fear – wow they will make a lot of money trading on formulas.
I have made formulas in bold. WHY? Because this is the most important part of Algorithmic Trading.