A Beginner’s Guide to Algorithmic Trading in India

With the technological advancements in the 21st century, trading
practices came up with many advanced modules for the benefit of humanity. One
such efficient trading strategy is Algorithmic Trading or Automated Trading.Stats say 70%-80% of the overall trading volume is generated
through algorithmic trading in the U.S stock market. In India, however, the
concept is still new and needs vast exploration. This article presents you with
all the basics of Algo trading you need to know as a beginner.WHAT IS ALGORITHMIC TRADING?Algorithmic trading is an automated pre-programmed computed
instruction that follows a series of steps to place a trade. The concept is
that the computed program can generate speed, frequency, and money that no
discretionary trading can. The volume of work that algo trading can do is
impossible for a human trader to perform.Algo trading in India also works similarly. The set of
instructions provided in the program includes price, time, quantity, or any
digital entity. The most significant part of automated trading services is that
it is more flexible, liquid, and devoid of human emotions. Hence, more
efficient, fast, and profitable.BENEFITS OF ALGORITHMIC TRADING:1. Algo Traders in India can make instant and accurate trading
orders.2. The pricing generated in Algo trading is the best compared to
other modules.3. Time and execution are devoid of any human mistake.4. Transaction cost is diminished due to orders made on time.5. Multiple market management can be done very swiftly.6. Human emotions and psychology do not come into consideration in
Algo trading. Therefore, the bulk of mistakes they make is avoided.7. There are several back-tested algo strategies available for you
to do your research from.8. The speed of the transaction is unmatched in Algorithmic
trading.HOW TO START ALGO TRADING IN INDIA? The concept of Algo trading is bound to attract a lot of traders
looking for a quick profit. But, a significant percentage of them do not know
where to find Algorithmic
trading services in India. There are several online websites available that
offer ready-made, customized algo modules for you. Such websites forward highly
skilled Algo trading brokers in India.They explain the market strategies and your program algorithm in
detail to you. You can now join Algo trading very quickly without having much
knowledge about programming firsthand. Do your research and find the best algo
trading website for you.Algo trading involves several forms of trading and investments for
you to choose from. Every algo strategy needs to be identified as profitable
before you start working on them. The most significant part is to transform a
strategy into an integrated computed program. One needs to have high
programming knowledge to do so. And this is the role Algo trading websites
play. As a beginner, you should always seek professional help before exploring
in uncharred waters.Also, everyone should be aware of the risks factor involved in the
Algo trade. An imperfects algorithm can cost you quite a lot of money. So, do
your research and decide accordingly.CONCLUSION:Having read the entire article, we are sure you
understand all the basics of Algorithmic
trading. You can now take your stock trade to whole another level with a
robust algo trading strategy.