2 min read · May 30, 2023
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1️⃣ Day trading involves buying & selling financial instruments within a single trading day.
2️⃣ Day trading involves making trading decisions based on analysis and intuition
3️⃣ Day trading can be done by anyone with a basic understanding of financial markets
4️⃣ Day trading can be more risky because it relies on the trader’s ability to make quick & accurate decisions in a fast-moving market.
5️⃣ Day trading is generally slower and not more efficient than algo trading.
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1️⃣ Algo trading involves using computer programs to make trades automatically based on pre-programmed instructions.
2️⃣ Algo trading relies on pre-programmed instructions that are executed automatically without human intervention
3️⃣ Algo trading required significant technical expertise & knowledge of programming languages.
4️⃣ Algo trading can help to manage risk more effectively because ic can quickly respond to market conditions & execute trades automatically based on pre-set rules.
5️⃣ Algo trading is generally faster and more efficient than day trading because computer programs can process market data & make trades much more quickly than humans can.
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