Algo trading can be simply defined as a system which can place buy / sell orders, based on pre-defined rules. Once the rules are firmly defined, it can be coded into algo trading system so that the system can place buy/sell orders automatically when the entry/exit conditions are met. Algo trading systems are highly useful when the rules are based on complex calculations and one wants to seize trading opportunities in matter of milliseconds (or sometimes microseconds!).
Algo Trading is
Algo trading can be simply defined as a system which can place buy / sell orders, based on pre-defined rules.
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