This is the core of the algorithm. The user defines a set of rules or conditions. For example:

Not a huge short. A feeler.

In the rapidly evolving landscape of financial markets, the dichotomy between fully automated High-Frequency Trading (HFT) and discretionary manual trading has given rise to a middle ground: semi-algorithmic trading. This paper defines semi-algorithmic trading software, explores its architectural mechanics, distinguishes it from fully autonomous systems, and analyzes the strategic advantages it offers to modern traders seeking to combine computational efficiency with human judgment.

The following week, the bank collapsed. Contagion fears spread. The S&P 500 fell 4% in two days. Aporia Capital's fund returned 7.2% for the month. Daniel's partners toasted him. His investors sent congratulatory emails. He sat in his office after everyone left, staring at Iphigenia's trade log.