Have you always been interested in the stock market but never had the time to work on investing in the market? Did you give your money to a friend or broker and lost everything? Well, if you answered “yes” to these questions, then you have come to the right place.
Most traders are now keen on algorithmic trading and are shifting their focus from regular trading methods to this new method. This trading mechanism is faster, cheaper, and easier to control when compared to standard trading. You can add factors into the trading algorithm based on how you believe the market will function. You can execute complex mathematical equations in no time and make the right decision with respect to the order you place on a stock.
Through algorithmic trading, you are no longer limited to the bandwidth offered by human beings. You end up making more money when you use algorithmic trading techniques as opposed to using manual methods. Algorithmic trading is slowly taking over the industry. A survey conducted by Ajte Group, LLC found that traded in high-frequency markets accounted for over 73 percent of the trading volume in the US stock market. That is, however, only two percent of the companies that operate in the market. This new form of trading is a very secretive industry, and there are only some people who are willing to share the secrets. This book will lay them all out in the open for you.
This book starts off with an introduction to what algorithmic trading is and will demystify this complex subject. It will provide you with the knowledge that you can use when you trade in the market. You will also gather background information that will lead to some advanced work that is outlined by current trading algorithms.
Throughout this book, you will learn:
- What is algorithmic trading?
- Different tools and strategies used in Algo trading
- Different trading models
- Where this form of trading can be used
- Benefits of Algo trading
- Choosing the right trading method
- Different skills required
- An introduction to Python
- Building a trading algorithm and bot in python
- Backtesting the trading strategy and more…
We will also look at the different trading strategies and assess how they work. The book also sheds light on the algorithms and how they work in the markets. You must remember that markets are very complex and random. They always exhibit unpredictable behavior. Since the markets evolve, the algorithmic trading strategy should also evolve. It is for this reason that you need to include a part of machine learning and artificial intelligence to the model when you design the algorithm.
The examples mentioned in this book are all based on Python, and there is a chapter that will introduce you to Python and help you understand the basics. So, what are you waiting for? Grab a copy of this audiobook, so you can develop your trading algorithms!