Kosta Ouzas explains how algorithmic, rules-based trading removes human guesswork by preprogramming entries and exits based on specific market conditions. The system only acts when those conditions occur, not on intuition or prediction.
Chapters
You see human decision making changes depending on context, market conditions, recent outcomes, and emotional state. These all influence judgment. Even when someone believes that they're following rules and an algorithm, it simply removes that variability by providing structure. And the structure is already pre programmed in the engineering and the architecture that it was built around. So the entries and exits are defined in advanced. They're based on observed market behavior rather than any kind of opinions, narratives or predictions. And the system is then just going to wait for specific conditions to appear, and then it's only going to act when they do. And if those conditions aren't present, nothing actually happens. And this is why algorithms are so good, because they act when they should, and they do nothing when they shouldn't.