With the increasing popularity of online trading, a number of courses and academies that offer them have sprung up on the scene recently. One of those is the Orion Trading Platform which helps both beginners and pro traders. This post will discuss the High Frequency Trading Course offered at Orion Trading Platform.
What is High-Frequency Trading?
Being an advanced algorithmic type of trading, High-Frequency Trading (HFT) executes a large number of orders within a few seconds. This keeps markets liquid, helping large sums of money flow through it every fraction of a second!
Since it was founded a couple of decades back, High-Frequency Trading has been providing a lot of profits to both individuals and companies. You can consider it like cutting a cake: a big company would definitely get a larger piece, but everyone who participates would end up having a bit of the cake!
What does it Depend on?
High-Frequency Trading depends on an “order book.” At any given moment, this order book has the top few bid and ask prices for stocks. To make it simple, let us consider an example: when you place an order, you are interacting with the market. Every order that you place will either be an ask order or a bid order (much like a buying transaction or a selling one). The amount of money you are ready to pay to purchase the stock is the bid price, while the amount of money you are ready to pay to sell the stock is the asking price. If there is another person who is ready to pay more to purchase the same stock (has a higher bid) or is asking for a lower selling price (lesser ask), their order would take priority over yours in the order book. Therefore, the order book is like a list of orders for one stock.
Keep in mind, however, that simply place an order on the book won’t be enough to get the transaction to be completed. You need to wait for someone to match your bid or ask the price for it to go through. Alternatively, you can go and match the same for someone else. Traders are always looking to maximize their profit by buying and selling at the right times – this is what High-Frequency Trading is all about.
Orion Trading’s High Frequency Trading Course
The High Frequency Trading Course Orion Trading offers is just as good as its Core Strategy Course. It has a dedicated module that details on the dynamics of online trading markets, including a discussion of the key, behind-the-scenes market players. Students get the powerful knowledge they need to succeed in the online trading markets by taking this course. Timing the markets is no longer impossible as it was in the brick-and-mortar world!
Made with a specific focus on teaching students just how they can buy and sell stocks on High Frequency Trading platforms, this course will first teach them practice skills to help them prepare for rapid trading, and then position them for live market trading at the end of the High Frequency Trading Course. This helps students evade risk and maximize profit. The High Frequency Trading Course introduces them to a variety of trading strategies, all of which follow sequential, step-by-step processes. This helps them learn the basics of HFT trading, and they can apply that learning to commodities and options as well.
Compared the courses offered at Online Trading Academy, the ones at Orion Trading are much cheaper. This makes them much more affordable students. Orion Trading also does not use any unethical tactics that are common in the online trading market it deals in.
Overall, you won’t regret taking the High Frequency Trading Course offered at Orion Trading. It is open to everyone and anyone who wants to learn how to be a successful fast trader.