Algorithmic Trading

It goes without saying that those days are long gone when trading was largely controlled by people screaming into phones, but it turns out that human involvement in trading has been declining for at least ten years in favor of automated computer deals. Mother Jones noted in 2013 that more than 50% of all stock trades had already been automated, with some trades being completed just seconds after the initial purchase. It reduced the typical duration of holding shares from eight years in the 1960s to less than five days.

While it is obvious that human mistake has had terrible effects on the stock market, as evidenced by the Crash of 1929 and Black Monday in 1987, algorithmic trading has plenty of reasons to worry. For instance, in May 2010 computerized transactions caused the market to lose $860 billion. And it just took 30 minutes. Additionally, it has permeated deeper facets of the global economy, as evidenced by the British pound's sudden 6% decline in value in October 2016. In other words, it has the capacity to drastically alter the economic landscape in the space of a work break. However, there are some websites online that may instruct you on how to acquire artificial intelligence systems to manage your portfolio for you if you believe you could make it work for you.