Why AlgoTrade
At its core, AlgoTrade is built on a simple truth - emotional trading and using inconsistent strategies often leads to losses. This is especially true when trying to react to market-moving news manually - by the time you've read and interpreted the news, the opportunity is often gone. AlgoTrade isn't just another trading bot. We are creating an ever-evolving ecosystem that will include a variety of algorithmic and AI based modules.
The upcoming Algo Fund uses our trading strategies to generate profits, with 80% of these profits being used to buy back and occasionally burn $ALGT tokens, directly benefiting our token holders. Furthermore, our upcoming Algo Builder will allow customization of strategies using popular indicators like RSI, Bollinger Bands, and moving averages. Each strategy can be thoroughly backtested before being deployed to live markets, ensuring you're not trading blind. Think of AlgoTrade as being your 24/7 trading partner, constantly analyzing news, and executing trades based on proven strategies.
This is why we believe AlgoTrade is needed.
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