To be an algo trader, you typically need to have a strong background in computer science and programming, as well as a good understanding of financial markets and trading strategies.
Here are some of the important elements you need to be a top Alog Trader:
Experience with database management and data analysis
Knowledge of statistical analysis and machine learning techniques
Understanding of financial markets and trading strategies
Strong analytical and problem-solving skills
Attention to detail and ability to work under pressure
Overall, to be algo trader requires a combination of technical expertise, financial knowledge, and strong analytical and problem-solving skills.
It can be as simple as having an easy and proven mechanical strategy that you can demo, back test, forward test, analyse, monitor and evaluate your results.
This way, you’ll have a decent idea on what your system and strategy potentially could yield in the near future.
