May 31 - The financial markets are being transformed by computer programs that may make traders obsolete. Billion dollar incomes on Wall Street are becoming the norm as mathematical formulas make trades faster and smarter. Manoush Zomorodi reports.
Yes TC I agree , 1 of the facets of trading is that it can be very monotonous but GUI programs will eliminate that and will do the trading for you while you do something you really enjoy :)
Further, the estimated figure of 50% of the future trades will be executed by an algorithm only takes into account that banks and Hedge Funds will be using automated trading, but what happens if we also include the private investors in this provision ?
Algorithmic Automated trading will in the near future not be limited to banks and hedgefunds, but also private traders will use automated trading in the future.
Banks and Hedge Funds will face stiff competition from 100.000´s private traders in the future, as GUI platforms for developing the algorithms will eliminate the need of programming, and make algorithmic trading available for any trader who can operate a computer.
@imranmir1 Don't be intimidated, robots have some weaknesses. Start with swing and point pivot trading.
LitheInvestments 1 year ago
She essentially admitted that news syndicates attempt to manipulate the market with their articles.
sparkloweb 1 year ago
trading algorithms are a really, REALLY bad idea.
amh1230 1 year ago
go Lehman, go!!! :)
advisor trading you are saying? LOL
loyalFX 2 years ago
Trading algorithms are only as good as the creators.
Faster, but never smarter. Rarely as smart as.
XENAXON 2 years ago
Yes TC I agree , 1 of the facets of trading is that it can be very monotonous but GUI programs will eliminate that and will do the trading for you while you do something you really enjoy :)
KLguy133 2 years ago
Lehman ......... LOL
wongrichx 2 years ago
So, is it not a good tie to venture into trading as a career?
imranmir1 3 years ago
Further, the estimated figure of 50% of the future trades will be executed by an algorithm only takes into account that banks and Hedge Funds will be using automated trading, but what happens if we also include the private investors in this provision ?
TickCOM
TickCOM 4 years ago
Algorithmic Automated trading will in the near future not be limited to banks and hedgefunds, but also private traders will use automated trading in the future.
Banks and Hedge Funds will face stiff competition from 100.000´s private traders in the future, as GUI platforms for developing the algorithms will eliminate the need of programming, and make algorithmic trading available for any trader who can operate a computer.
TickCOM 4 years ago