Robot Trading Platform

Algorithmic trading is not hard, to begin with. To start with Algo Trading, you need to-

• Understand the market- The first thing that you need to do is understand the market situation first. Before making any decision, it is crucial to have in-depth knowledge and understanding of things.
• Learn about code- Do you not have any idea about the coding language? If not, you start picking it up because that will help you with Algo. Back-test the strategy- Before a person goes live with the algorithm strategies, it is better to test it first. You should get quality historical data that comes from a reputed source.
• Always choose the right platform – No doubt coding is essential, and you must choose the right broker and platform. You can pick a broker who can support the algorithm and provide various tools.
• Go Live and keep evolving – If you are confident about the algorithm, you next need to take it the life. You need to monitor the functioning and keep an eye on how it works in the real world. Moreover, if your first strategy fails, you should not give up; instead, keep evolving.

The strategy that aims to improve the trading revenue and also cut the trading cost is the one that is the best strategy. One of the most popular strategies is index fund rebalancing, mean reversion, arbitrage and market timing. There are some other strategies, too which include transaction cost reduction, pairs trading and scalping.

When you choose Algo Trading, it can be considered quite profitable as a career. However, that would not be possible if there was no risk. That is why Algo traders need to have a proper and deep understanding of the market that they trade in and the strategies that are used. In addition, it is essential to back-test the strategies effectively to the trading system and ensure they are robust.

Yes, Algo trading is completely legal, but there are some people who object because it can impact the market. In India also, it is allowed by the SEBI (Securities Exchange Board of India) and has started with Direct Market Access and was allowed to institutional investors only. But because of the better execution and cost advantage, it is crucial to adopt it.

Yes, algorithm trading is allowed in India. It was introduced in India in 2008, and the Security Exchange Board of India has only opened the door to institutional investors. But it does offer several other benefits to the traders, which is why everyone needs to adapt.