Algorithmic trading, often referred to as “algo trading,” involves using computer programs to execute trades automatically based on predefined criteria. These algorithms can analyze market data, determine optimal entry and exit points, and execute trades much faster and more efficiently than a human trader.

Algorithmic trading offers several benefits, including faster execution of trades, elimination of emotional decision-making, backtesting capabilities, and the ability to process vast amounts of market data. It also allows for the implementation of complex trading strategies that may be difficult to execute manually

While algorithmic trading can be powerful, it may not be suitable for complete beginners due to its complexity. Understanding market dynamics, programming skills, and risk management are crucial. However, some platforms and tools offer pre-built algorithms and user-friendly interfaces that can help beginners get started.