Navigating & adapting to the abundance of program trading and algos part 1
Compared to 2020, we are witnessing a rise in program trading dominance in 2021. Navigating and adapting to varying machine-based approaches is part of the daily challenge, as all too frequent are reports of traders getting caught by algorithmic/program trading.
The author of the tweet shown below is incredibly successful from all accounts, highlighting how challenging adapting to algorithms and program trading is. (I added the highlights)
Below is part one of footage from a recent significant trading day that included its fair share of program trading intervention. The first objective is to recognise its presence followed by trading without detriment machine trading can cause.
Part 2 video here