What is algo trading?
Basically algo trading use the powerful computers to run the complex mathematical formulas to make a decision to BUY or SELL Shares or commodities in financial markets on an exchange like NSE/MCX .
Why Algo Trading ?
Technology has changed the way we work. It is sad " to err is human" . It is common for human to make mistakes .we take decisions based on emotions and can change our mind frequently and multiple times. But the whole nature is based on a mathematical algorithm. Trading is also a decision making process. Almost 90% of the traders lose money because of emotional trading. Algo is the way to get rid of trading emotions. Although I have the view that emotions are great for humanity but not for trading. So to join the successful 10% trader's club , we need algo trading.
What we need for algo trading ?
Amibroker and a trading strategy,
trading Bridge and VPS server (optional)
What is amibroker and what cost it ?
Amibroker is a comprehensive technical analysis program with advanced charting tools for back testing and scanning capabilities. We use indicators and mathematical strategy over the price to understand the behaviour of a trend of a stock or commodity and get trading signals accordingly. On amibroker we can code a strategy for you according to your trading requirement and logic. Its trail version is free of cost for you.
Trading Bridge .
Trading Bridge reads the buy and sell signals from our strategy running on amibroker and send buy or sell order to our trading terminal and controls our targets and stop loss. It could be run in complete auto or semi Auto mode. It controls our trading needs and provide a complete discipline trading experience. We provide third party trading Bridge ranging from 1500 to 2500 per month.
VPS server (optional)
At our local machine many times we face some problems like electricity power supply or internet connectivity. To get rid from all these issues we can run our strategies on 24 hour dedicated VPS server. It costs 1000-2000 per month according to our need and configuration.
Benefit of algo trading.
- Emotionless trading
- Continuous trading
-No need to sit in front of the computer
-Can be assessed from your mobile
- Everything is managed by the computer
-You can work from anywhere
Who should opt for algo trading ?
Any trader who want to earn money from stock, commodity market over a period of time continuously without any major human intervention and emotions. Which knows the technology can work for him and money making is a gradual and continuous process. Which don't want to sit in front of his computer for trading and want to use his time in another areas of life, because algo trading system is continuously making money for him or her . You are welcome to the world of algorithm, technology and innovative strategy making and earning money with the discipline and use of technology and IT revolution. Test yourself .
Email us :
artoftrading.in@gmail.com
