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What is algorithmic trading system

Trading the stock market is one of the fastest ways to grow money. However it is also carries high risks. 

Trading stocks is a highly emotional activity. It requires people to make rational decisions under high emotional pressure. These problems can be solved with a profitable algorithmic trading system

What is algorithmic trading system?

First let me define what a trading system is

 

A trading system is a group of specific rules, or parameters, that determine entry and exit points for a given equity. These points, known as signals, are often marked on a chart in real time and prompt the immediate execution of a trade. Trading systems use technical analysis to measure market strength. Fundamental data is disregarded. Technical Analysis is a tool used to qualify market movements based on past price movements. Trading systems do not predict. They are anticipative in nature. With precise set of rules to follow, decision making becomes unambiguous. The “Gut feeling” on each trade is taken out.