Algo trading has been around in the US markets for a long time now. The technology at its peak, in terms of less latency, no pre approval required for the algo model, etc etc. But, still we find the most popular DayTraders from the US markets ( who are active on social media ) continues to favour manual trade setup profiling and trade execution.
Is the current Algo trading scenario in India over hyped? What is your opinion?
Will Algo trading ever turn out to be a practical reality for individual traders in India? or will it continue to remain a privilege only for institutional traders, like the rest of the world scenario?