How much money do algo traders make?

Zerodha CEO Nithin Kamath said it isn’t true that algo traders are super profitable . “While an algo doesn’t have emotions, it is only as good as the person who wrote it or controls (start & stop) it—the same person who’s riddled with fear and greed. Every algo like any trader, strategy or stock, has ups & downs.

Algorithmic trading is well within the reach of any investor in 2021 , technical or non-technical. Everyday investors have a countless number of resources within their reach. Financial institutions should not be the only market entities using superior investing technique.

The answer to the feasibility of generating profit by an individual doing algorithm trading is yes .

The salaries of Algorithmic Traders in the US range from $20,072 to $535,864 , with a median salary of $96,858 . The middle 57% of Algorithmic Traders makes between $96,858 and $243,042, with the top 86% making $535,864.