#firstdealofthenewyearFateema algorithmic trading uses computer program to automatically execute trades based on prefined rules,Reducing emotional bias and increasing efficiency. Types of Algorithmic Trading 1.Trend following:identify and follow market trends 2.Mean Reversion:Buy or sell based on deviation from historical means. 3.Statistical Arbitrage:Exploit price differences between related assets. 4.High-Frequency trading(HFT):execute trades at extremely high speeds Benefits of algorithmic trading 1.speed 2.Accuracy 3.Scalability