Harnessing the raw processing power and instantaneous speed afforded by modern technology, today’s algo traders enjoy a number of key trading advantages.
Advantages to Algo Trading
Identify and react to opportunities faster
In the amount of time it takes you to press a button, an automated trading system has already pinpointed opportunities based on your trading strategies and made scores – even hundreds – of trades.
Track more markets simultaneously
With automated trading, it IS possible to be everywhere at once. You can track numerous markets simultaneously and efficiently 24 hours a day, 6 days a week, from anywhere in the world.
Reduce emotions and increase trading discipline
When it comes to trading, leaving emotions at the door is easier said than done. Automated trading helps you stick to your strategy and keep from second-guessing yourself. With emotion out of the equation, your trade logic is left to operate as intended – free of hasty snap decisions, or costly hesitations.