With the advent of time everything seems to be getting automated and trading among all the other things is no exception to the trend or rule. Somewhere we all are tired and sick of manual trading and relying on emotions and instincts for taking the right decision. Even though you may have good instincts or you may take your decisions calculatively keeping the emotions aside(that’s what we think) but somewhere while trading, you rely on human instincts and are bound to use your emotions more than the use your brain or calculations. But this is not possible with a machine. So humans invented Algo Trading to get rid of human biases and greed and make trading more hassle-free and profitable. Software or algorithms don't have instincts or emotions,(at least for now) they are bound to be found in humans and so they can be more reliable.

Algo trading or Algorithmic trading or also called Automated trading or Black-box trading makes use of technology i.e. computers and software programs to do the trading stuff following a precise set of instructions or algorithms. These algorithms or sets of instructions are based on all the parameters that a normal human uses while trading or so we can assume i.e. timing, price, quantity, etc., or any mathematical model in case of a machine. And thereby you eliminate chances of emotions or greed or instincts making wrong decisions for you. Bonus point: you don't need to sit in front of your TV or computer or laptop or tablet or mobile 24/7 to keep a check on the live data every minute, you just set an instruction for yourself and let the software do your work.

In simple words, Algo Trading makes use of algorithms feeded to it by humans based on some pre-decided factors like price, quantity, market conditions, real-time data, etc. to place a trade on your behalf and take some burden off you.

There are many algo trading providers you will find in the market, ours is one in the many. At Smart Algo, we aim to furnish consistent access to market participants with secure and straightforward innovative solutions.

For more information you can visit Smart Algo’s Website or Contact us.