What is program trading? Accordingly, I got this definition from certain website- 'Program trading is a generic term used to describe a type of trading in securities, usually consisting of stocks traded on the New York Stock Exchange and their corresponding options traded on the Chicago Board Options Exchange and/or the American Stock Exchange; and, the Standard & Poor's 500 Index commodity contract traded on the Chicago Mercantile Exchange. The trading of these items is based purely on their price in relation to each other on a predetermined basis; and not, on any fundamental reason such as an individual company's earnings, dividends, or growth prospects; or, on any overall economic reasons such as interest rate movements, currency fluctuations, or governmental or political actions'. 'According to the New York Stock Exchange, program trading accounts for about 30% of the trading volume on that exchange every day'. So, anyone here tried to follow program trading to make money? What was the result? I shall be obliged by the answer. As, I try to follow what the instituions are doing in the mkt in certain period of the time.