Re:A New Breed of Trader on Wall Street: Coders with a Ph.D
by masudhossain on Monday February 22, 2016 @08:57PM
(#11155892)
Trader+coder here.
This article is missing something very important, the fact that coding doesn't mean you're going to trade better.
A coder doesn't know how to trade right off the bat, they'll only know how to code in a specific trading rubric (most trading algos aren't even good unless we're talking HFT) that has been told to them from someone that already knows how to trade successfully.
Anyone that's a real trader and has managed clients money will instantly be able to tell you that this is articles title is misleading.
This article is missing something very important, the fact that coding doesn't mean you're going to trade better.
A coder doesn't know how to trade right off the bat, they'll only know how to code in a specific trading rubric (most trading algos aren't even good unless we're talking HFT) that has been told to them from someone that already knows how to trade successfully.
Anyone that's a real trader and has managed clients money will instantly be able to tell you that this is articles title is misleading.