In the past 3 years time, the number of people Investing & Trading doubled in India. In the first year of the Pandemic, 2020 - Around 4 Lakh new people Entered the Trading arena every month. However, it rose to a Gigantic 20 Lakh new investors joining in Every month during 2021-22. This high influx unlocked a Huge potential for The Best algo trading app in India.
The point being India’s Already huge trading lobby is growing & Growing rapidly. All the Investors being from All different walks of life have one thing in Common - They Want Profit. Simple, right?
A decades-old Trading concept of Algorithmic trading is Spreading quickly across the Market. Spreading faster than Ever before. Algo trading can Help significantly to achieve that Profit Goal. How?
Let’s start with,
What is Algorithmic Trading?
A high-end engineering designed algorithm to help simplify Trade executions, make Better trade decisions and Mitigate the Risk levels. In simple words, the Efficiency of trade execution & Chances of successful profitable Trade Increases multi-folds by Using algo trading over the traditional approach.
It’s a Trading assistant like Alexa, Google, and other Voice assistants. The trader gives in all the Details such as Which stock he’s interested in, budget, stock quantity, etc.
& The algo trading will make Near-perfect, Error Proof trading execution based on these data.
For example, Let’s say you want to buy 10 Shares of a Company for 100 Rupees each. What would a normal trader do? Wait for the Price to reach Rs. 100 and then Buy it.
Benefits of Algo Trading :
Faster Trade Executions, Constant Market monitoring, Heavy Fluctuations Protection is a Few of the Many Benefits of algo trading.
Many a time, last moment trading decisions are made due to a Lack of Emotional control. 90% of such emotional decisions have been reported to Incurr moderate to heavy Losses. Calculations should always have precedence over Emotions when it comes to Trade decisions.
Genius at Fingertips :
Market Closes, Algo Trading Improvises :
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