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Same can be said for any business venture... there is no free lunch, you have to work for it..
by SirLJ 9y ago
Same can be said for any business venture... there is no free lunch, you have to work for it..
- jetti 9y agoTrue, but for most it is similar to getting into a niche which the found does not actively understand or have experience in. Another thought I had is that the developers that would most likely want to do this are the same ones who are most likely not allowed to do this. I worked at a clearing company as a dev and FINRA was very explicit in what I can and can't do in my free time when it comes to trading. I could only use specific brokers. I probably had a bit more flexibility as I was only bound by FINRA and NFA (National Futures Association). If you are in a trading firm I'm sure they have even stricter rules about individual algo trading.