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Algorithmic trading part 1: Easy explanation [Video]

In this video, you will get introduced to algorithmic trading. #algorithmictrading #financialtrading #wallstreetmojo #algo Chapters: 00:00 – Introduction 00:29 – What is algorithmic trading? 01:16 – How does algorithmic trading work? 02:21 – Advantages and disadvantages 03:05 – Flash Crash 03:40 – Conclusion What is algorithmic trading? Algorithmic trading is automated trading where traders or investors do not have to punch in buy or sell orders manually. Rather, the computer does it for them. (Explained in detail in the video) According to a Wallstreet source, almost 60 to 70% of the overall US equities trading is done by algorithms. (Explained in detail in the video) The legendary trader, Jim Simons, has made all of his fortunes through algorithmic trading. He is considered to be the pioneer of algorithmic trading. How does algorithmic trading work? If you are a trader, then it is likely that you will have some rules or …

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