14 of The Tested and Most Worked in Algo Trading Strategies
Algorithmic Trading Strategies First of all, nobody can guarantee anything about the financial market and how it will react to a day's event, but with an optimistic mindset everyone is trying out a strategy to make profits and remain in the market. Whether a given strategy is successful depends solely on market conditions. Here we list some potential strategies for Algorithmic Trading that are used or can be used to make profits: Strategy 1: Trend Identification As Algo Trading can process a large chunk of Data easily, it can help one by analysing the trends early and can help in identifying how short or long lived the trend will be. And since algo’s strategies are made based on pricing, volume and various similar concepts to which a trader is familiar, he can easily rely on the produced results. It is difficult for an individual to analyse this huge data in real time and not miss out on things. Algo does that for an individual. So that he can perform trade in real ti...