Hi,
I am very new to this algo-trading concept. I have a very simple basic doubt.
Browsing thru the community and posts, there are many back-tested algorithms accessible to public and many of them providing good returns when compared to benchmark.
- So then why cant we simply take and use that algorithm to make money?... will it not work, if we trade using those algos?.. why?...
- By all means, that kind of return (shown in those algos) are good... then why are people looking and developing for different complex algorithms?...
Appreciate if anybody gives me the perspective of algorithmic trading and how to differentiate good one (money making) from the rest?...
Thanks,