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Are there really people out there who can create profitable automated trading strategies with all that involves, but can’t code? Presumably they can’t test eit
by usgroup 8y ago
Are there really people out there who can create profitable automated trading strategies with all that involves, but can’t code?
Presumably they can’t test either and arent too hot on maths?
Who are these people?!
- wpietri 8y agoAs somebody who has written software for traders, I think this is an excellent question. If somebody really has some sort of advantage such that they can be consistently profitable, then at worst they could trade manually for a bit and then hire somebody to code. Like others, I suspect the real appeal of a platform like this is similar to the value of a racetrack. It's selling hope and optimism to people who think they are smarter than everybody else.
- rohitgoyal 8y agoThere are a lot of people who do research using Trading View and optimise algorithms on excel. But they don't know to code and build the whole infrastructure. Thanks for bringing this up.
- usgroup 8y agoNot to be a sceptic but you can’t do this ... you can’t optimise algorithms in Excel. I mean you can; you can do whatever you want but what needs to be done is a lot harder than this.
- therealmarv 8y agoI think you underestimate the mathematical power Excel has under its hood. (personally not an Excel fan)
- samfisher83 8y agoI don't think its a competition between the wealthiest and the rest. Its really competition between a lot of smart people. Some of them might be really good at math. If you have phd in math I am sure you can figure out how to use python or c, and that is who you are going up against people who have phds from harvard, stanford, Princeton in math, physics, engineering etc. These are the people writing the quant algos going up against yours. Most hedge fund managers can't beat index funds.