How AI Algorithms Are Changing Trading Forever

In general, trading is about making decisions on transactions with assets in order to make a profit. All technical analysis is based on statistical data, past market behavior, and reactions. Consequently, the analysis and search for some market patterns can be performed not only by person but by computer and artificial intelligence. It is no secret that trading robots have been working in the stock market for a long time, focusing on price movements in trends and within channels. According to a 2020 JPMorgan study, over 60% of trades over $10M were executed using algorithms.