Crab Apple Web Logs

A third of America’s stock trades in 2005 was generated by artificial intelligence based on automatic algorithms. It is a large spurt compared to past years. The large presence of AI on the market resulted in oversaturation, increased competition, and low profits for everyone. Despite being convenient where you won’t need any day trading strategy, it does have its drawbacks. A viable and cheaper alternative to using automatic algorithms is price action. With this strategy, day traders analyze raw market data and other tools without any indicators to point the way. This approach is typically referred to as minimalist because it doesn’t use anything else other than upfront market information.