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Q1:<br />
Just heard over the local radio that &nbsp;algorithmic trading is open to retail traders:<br />
heard that the system recommends the entry point/price &amp;&nbsp;the cut loss point<br />
but it's the trader who decides at what point to take profit : is this so?<br />
<br />
Q2:<br />
As I'm new totally to this, anyone can point me to beginner's websites with tutorials<br />
&amp;&nbsp;how it works.<br />
<br />
Q3:<br />
Anyone has done this &amp;&nbsp;care to share the success/failure details?<br />
<br />
Q4:<br />
As it's frequent trading (ie in &amp;&nbsp;out of the positions), how do we minimize<br />
/avoid paying too much commissions to the broker?<br />
<br />
Q5:<br />
Can anyone quote a few tools / products that does this? &nbsp;Heard it's mostly<br />
for index trading though it could be applied to forex &amp;&nbsp;stock trading
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Q1:
Just heard over the local radio that  algorithmic trading is open to retail traders:
heard that the system recommends the entry point/price & the cut loss point
but it's the trader who decides at what point to take profit : is this so?

Q2:
As I'm new totally to this, anyone can point me to beginner's websites with tutorials
& how it works.

Q3:
Anyone has done this & care to share the success/failure details?

Q4:
As it's frequent trading (ie in & out of the positions), how do we minimize
/avoid paying too much commissions to the broker?

Q5:
Can anyone quote a few tools / products that does this?  Heard it's mostly
for index trading though it could be applied to forex & stock trading

Info needed on Algorithmic trading

An algorithm is a self-contained step-by-step set of operations to be performed. Algorithms exist that perform calculation, data processing, and automated reasoning. Starting from an initial state and initial input (perhaps empty), the instructions describe a computation that, when executed, proceeds through a finite number of well-defined successive states, eventually producing "output" and terminating at a final ending state. The transition from one state to the next is not necessarily deterministic; some algorithms, known as randomized algorithms, incorporate random input.

Algorithms

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Math / Science

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Miscellaneous

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