Short answer: Yes. But here’s the real story.
Algo trading can beat manual traders, but only when the strategy is developed following a solid process: ideating with statistics, building strategies around trend following, mean reversion, or momentum, and ensuring comprehensive backtesting, validation, and regular fine-tuning. Without these, even algo trading flops.
A well-built algo strategy operates without emotions, unlike manual trading. This can be a game-changer.
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