I Never had algo trading done or developed an software , strategy , I have seen some videos of it in youtube
Dont laugh at my questions
Q1 : In future there will be more bots trading then human because of Algo trading ?
Q2 : What analysis we use now Technical and fundamental or what ever XYZ analysis will it work in future ?
Q3: what it will be like only bots trading ( for even small profits bots can put 100s of trades ) will this spoil whole trading system we use ?
Q4 : If we want to make profits ALL we have to do is a develop a strategy and code them and let bots do the work and put profits into our bank account ?
so in simple i want to know
how will Algo trading be in future , what happens to traditional systems that we use now , how will be future of trading (may be after 10years from now )
laugh for what, is good to ask question.Dont laugh at my questions
Q1 : In future there will be more bots trading then human because of Algo trading ?
Q2 : What analysis we use now Technical and fundamental or what ever XYZ analysis will it work in future ?
Q3: what it will be like only bots trading ( for even small profits bots can put 100s of trades ) will this spoil whole trading system we use ?
Q4 : If we want to make profits ALL we have to do is a develop a strategy and code them and let bots do the work and put profits into our bank account ?
so in simple i want to know
how will Algo trading be in future , what happens to traditional systems that we use now , how will be future of trading (may be after 10years from now )
A1 : no. becoz algo trading for ppl who is big capital and surely for long term investment or hedging. Manual trading is good for profit.
A2 : TA (Technical analysis) is for you to know what is your start / end point, charting let u easy to see those thing. Both is reference for your trading plan or decision. But the most important is your own opinion.
A3: bots trading only will profit if same terms made (which use previous history ) but not spoil the trading system we use. We can decide which one we use.
A4: no. at last will be finished one but if u can't control urself, u better use bot.