Registered: Feb 2011
02-19-12 10:54 PM
Quote from Don Bright:
I have no problem with algo trading, many of our people do it. They do, real time, real money, and are always modifying the algos to fit current changes in market conditions. Algos, especially those developed by successful traders are great... but, even the the most robust loses its' effectiveness over time, thus the need for constant modifications.
Are these guys generally discretionary traders who over time find a strategy they can automate?