Algorithmic trading uses a computer program that follows a defined set of instructions to place a trade.
Trades are executed at the best possible prices.
Benefit - 1
Trade order placement is instant and accurate .
Benefit - 2
Trades are timed correctly and instantly to avoid significant price changes.
Benefit - 3
Simultaneous automated checks on multiple market conditions.
Benefit - 4
Reduced risk of manual errors when placing trades.
Benefit - 5
Algo-trading can be backtested using available historical and real-time data
to see if it is a viable trading strategy.
Benefit - 6
Reduced the possibility of mistakes by human traders based on emotional and psychological factors
Benefit - 7