Jack Miller, Baird’s Head of Trading and Director of Electronic Execution Services, recently penned an article for Traders Magazine outlining what makes a perfect trade in 2019. Miller explains:
“A “one size fits all” approach to the use of algos has taken hold in some areas of the market, reflected in the tendency to plug the parameters of a trade in and let it run. This rarely leads to an optimal outcome. Market conditions can change quickly, and no single algo can account for all the potential variables. You need another algorithm to decide which algorithm to use – or input from a human being.”
Subscribers can read the full article here.
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