Is developing a profitable strategy the only way to be profitable with algo trading or just trading in general?And this strategy is basically 100% subjective, so is like an art, not a science?Which mean, all profitable strategies are basically heavily guarded secrets?
>>62750564There are no profitable strategies, because if there were, they would be exploited, making them unprofitable again.The best you can do is have a very large hedge fund with a lot of resources and low latency and a very small edge. If you aren't in one of these hedge funds, for you the market is 100% efficient.
Yes, but some strategies are easy to execute. The economy always grows, so buying and holding for example generally at least keeps up with inflation.
>>62750564Yep that's why investment banks and funds all hire artists and psychics instead of quants and mathematicians.
>>62750564i have a successful trading strategy but why would i share it with you ?