A NOTE OF CAUTION.
It is the Algorithm that wins and not Algorithmic trading system, or the high speed computers executing orders in nano seconds. Algorithmic trading needs constant observation and have to be changed according to market conditions. A sound knowledge of technical analysis and markets is also required. Just like technical analysis, there is no quick fix algorithm for all market conditions. The trades can go against you just like manual trading. A very low brokerage plan is also a must. Otherwise this will become just another way for the brokers to make more money while the traders are suffering losses. Whether you win or you lose as a trader, the broker always makes money. The more frequently you trade the more money they make.
I would like to quote a line from the book 'THE INTELLIGENT INVESTOR' by Benjamin Graham (1895-1973) who is considered the father of value investing and whom Warren Buffet considers a guru.
"WHY DO YOU THINK THE BROKERS ON WALL STREET ALWAYS CHEER AT THE SOUND OF CLOSING BELL EVERY DAY? BECAUSE AT THE END OF THE DAY THEY ALWAYS MAKE MONEY (brokerage) IRRESPECTIVE OF WHETHER YOU AS AN INVESTOR/TRADER WIN OR LOSE."
I am writing this because there are ordinary people on this forum who are being impressed upon to think that it is easy, or that it is a smart idea and the ultimate solution.