In this chapter, we were introduced to two intuitive trading strategies – the momentum strategy and the mean-reversion strategy. We learned how to create a trading strategy based on momentum and trend following. We also learned to create a trading strategy that works for markets with reversion behavior. These two strategies are very popular in the trading industry and are heavily used. We explained how to implement them. We got to learned how they work, along with their advantages and disadvantages

In the next chapter, we will build on top of the basic algorithmic strategies and learn about more advanced approaches (statistical arbitrage, pair correlation), along with their advantages and disadvantages.