Is Algo Trading Possible for Retail Traders? How can Algo Trading benefit Retail Traders?
Is Algo Trading Possible for Retail Traders? It's been long since algo trading has put its feet in the world of trading and it's been approximately 13 years since algo trading made an entry into the Indian trading scene. And since then algo trading has gained a lot of eyeballs and trust of the majority of the traders around the world and continues to do so by simplifying trading and bringing in new avenues of earning and trading to people. In India, algo trading is a growing field and holds approximately 50% of the total trade volume, most of the trade volume is not formed by individual traders but institutions doing HFT (High Frequency Trading). Individual traders or Retail Traders are still very apprehensive about this changing scene in the trading world. Being surrounded by many myths, lack of knowledge on the subject matter and resistance to change can be some contributing factors. But the bottom line here is many retail traders are turning to algo trading for making profit