> "What is my expected gain if I try to employ an algorithmic trading strategy?"
The market is negative sum, so any abstract strategy has an expected excess return which is negative. It should be everyones assumption without competing evidence
Algorithmic strategies include such gems as "buy on mondays and sell on thursdays", and there is no inherent magic to them making them better than my "buying stocks with names I like".
The market is negative sum, so any abstract strategy has an expected excess return which is negative. It should be everyones assumption without competing evidence
Algorithmic strategies include such gems as "buy on mondays and sell on thursdays", and there is no inherent magic to them making them better than my "buying stocks with names I like".