Algorithmic Trading Is Coming to The Cryptocurrencies Market!
Some say that the Forex markets are money printing machines. 325 billion USD is being rolled on a yearly basis in the retail sector alone, not to mention the significant hedge funds and other financial constructs that are actively taking advantage of the space.
Traditionally speaking, trading was done manually, based mostly on human instinct that a price might go up and down, but since the late 80s when computerised trades were introduced, a major power shift was triggered. Here are some the core features of algorithmic trading:
1. Lighting fast execution times
Usually, to register a trade, you had to call your broker tell him the pair and the prices you want to trade at. Algorithmic trading automates that part by increasing trade accuracy and reducing running costs across the table.
2. Real-time scanning of a dozen markets!
By employing a machine, multiple pairs and indicators can be computed at once. This method reduces the analysis periods significantly, thus reaching a decision point in record times that no human could actually achieve.
3. Unparalleled levels of accuracy
Since these trading algorithms are written beforehand, a high level of accuracy is achieved when executing a trade without having to worry about the human error factor that comes with traditional trading methods.
4. Removing the human emotion
Emotional trading leads to poor decision making, algorithmic trading, however, is devoid of any emotion when it comes to sealing the deal. It does not fear that a particular market might go down if the fundamentals are there.
Counting House: the ICO that releases algorithmic trading on Bitcoin!
Up until recently, this trading method was exclusively reserved for the Forex Markets, however, Counting House, a renowned Hedge Fund has done a very lucrative experiment on the BTC-USD pairing with their algorithmic trading.
What they found out was shocking as the company raked in profits even with the experimental stages of the project. Because of the high volatility of the cryptocurrencies market, also trading fits on the industry like a glove! To further develop the financial plan, the team is looking to build a hedge fund based entirely on cryptocurrencies markets through the ICO method. Hedge fund investments are traditionally reserved to big financial players only, but thanks to the distributed ledger technology, everyone can invest the amount they feel comfortable with as dividends are calculated automatically by the Smart Contracts and the Blockchain infrastructure.
The future of cryptocurrency trading is here!
With the raised money, Counting House is looking to invest a significant part in algorithmic trading yields, arbitrage trading and high-risk high-reward ICO investments, thus covering a robust hedge fund portfolio. As the volatility of the Forex markets is ever decreasing, more and more specialised companies are looking into the cryptocurrency space as it’s a market still in its infancy and with the right system there’s money to be made for an early investor. To find out more about this investment opportunity go to https://www.countinghousefund.com/ico!