Answer
Apr 02, 2018 - 08:01 AM
Hybrid markets give brokers a choice between participating in the exchange through the traditional floor broker system, or the faster automated electronic exchange system.
Hybrid trading combines the objective trading rules of a mechanical system with discretionary decisions of the trader based on dominant market themes, current risk sentiment, price action, and recent economic events.
The advantage of using a hybrid system is that the system is developed on your understanding of the market and your trading personality. Ideally, the system will incorporate the indicators and parameters that you are most comfortable with and intuitively understand.
By using a hybrid system, you can choose to take the trades that make the most sense. Remember that one drawback of taking a purely mechanical system is that it cannot distinguish between changing market environments.
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