Forget the age-old myths that you will lose money on trading because that is just what it is - a myth. With "Algorithmic trading", you have all the tools to make a profit from many of the trades that you place.
Whether you are a funds manager or a group of traders, you can finally earn the profits you only dream of by embracing this strategy. However, before you can go ahead and know what it offers, you first need to understand what the concept is all about.
This guide to algorithmic trading teaches you:
What algorithmic trading is, and what it is not. We go ahead to differentiate the strategy from other types that you will come across so that you have a clear idea of what we are talking about.
The history of algorithmic trading. Before you can appreciate the future, you need to understand the past. We look at the major points in history that made algorithmic trading what it is today.
A peek into the statistics that have dominated the industry for various years now. This inspires you to understand that the trading industry is popular and the algorithmic trading strategies are in use by many people.
What makes a winning trader in this market. The skills you need and even tell you what type of mindset you require to stand out.
Backtesting and what it offers you as the trader. The various types of backtesting and why you need to perform it as a trader.
The process of coming up with the perfect strategy so that you enjoy the gains.
There are various things that make this book a great addition to your trading arsenal.
The examples are derived from various areas of the market to give you a better understanding.