Why are software developers so bad at trading? | Python and Trading

#python #trading #tradingstrategy #tradingstrategies

Python strategies are popular among developers. But why make strategies in Python (for example) when ready-made software exists, Tradestation being one example?

We have been in contact with numerous traders over the years. Many of them have enormous technical skills far superior to our own. They start trading enthusiastically – often by making their own software and programs – but unfortunately, their optimism stops when they realize their technical skills don’t produce any profits.

Independent “coder traders” seem to have one thing in common: They spend a lot of time developing programs, apps, scanning functionality, etc. They believe their skills in coding and logic will make them money.
We believe programmers/coders have it completely backward. You need to learn how to trade before you’ll ever have any use of any coding skills.
We believe it boils down to this: Without the correct mindset and creativity, it doesn’t matter what technical skills you have. Knowledge about trading trumps coding by a mile.
We have “street smart” strategies at our website.

More about Python and trading in this article on our website.
https://www.quantifiedstrategies.com/python-trading-strategy/

Why programmers and coders are bad traders:
https://www.quantifiedstrategies.com/why-programmers-and-coders-are-bad-traders/

Our Twitter
https://twitter.com/QuantifiedStrat

Our Instagram
https://www.instagram.com/quantified_strategies/