WHAT IS ALGO TRADING?
An algorithm is a specific set of clearly defined instructions aimed to carry out a task or process. Algorithmic trading (automated trading, black-box trading, or simply algo trading) is the process of using computers programmed to follow a defined set of instructions for placing a trade in order to generate profits at a speed and frequency that is impossible for a human trader. The Strategy in Algo trading is a defined set of rules based on timing, price, quantity or any mathematical model.
