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3 things to keep in mind when starting rule based trading
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If you're just getting started with rule-based trading, here are some things to keep in mind.
Transcript
Getting started with rule based trading? Here are 3 things to consider before you begin. First things first. Set realistic goals in mind. Rule based trading does not guarantee profits. So, ensure your expectations are realistic, and don’t expect miraculous results overnight. Secondly, rule-based trading can be capital-intensive. High frequency trading, in particular, requires ample funds. So, ensure you have enough funds to execute your trading strategy comfortably. And finally, liquidity matters. A lot. Rule based trading works best only when the asset or the market is liquid. This ensures that your rule based trading strategy works as planned. Head to the next chapter to learn how to start rule based trading.