Financial Engineering question

[von roy]

Hello i have a question i have a BA in mathematics and i want to get
into trading i dont work for a large institution or firm so ill be a retail trader but the problem is that ive been watching videos about matlab an python and how important coding is if u want to make money as a retail trader, basically about all these different languages so the question i have here is that why is coding so important whats the big difference compare to someone thats a retail trader an someone thats not? can you go deeper into the market an see things average retail traders cant but larger institutions can or what im really confuse.

 

[Keith Tan]

nowadays trading becomes automated and faster. if you want to trade, writing your own strategies in code is the best way to make decisions faster and not to end up fried.

 

[von roy]

thanks keith so what do you do my friend

 

[von roy]

by why code tho cant you come up with a strategy on a trading platform without code

 

[von roy]

but why code tho cant you come up with a strategy on a trading platform without code

 

[Keith Tan]

trading strategy without code? how so? like indicators built by somebody else (u trust their algo?), made available to all users, and probably hundreds of retail traders like yourself running the same strategy the whole day

 

[Juan C Bujeda]

It's best if you see for yourself how coding can be a key component of trading... there are a couple of courses running at the time in Coursera (Intro to Computational Finance and Computational Investing) that make heavy use of coding to carry out trading strategies. They are free and very well laid out.