Originally posted at Forex Factory on Aug 10, 2008.
Quote:Originally Posted byÂ RabidIf you’re working on your own it doesn’t matter what you study, since nothing you can study will adequately prepare you for trading live except trading live. So what’s the point of the topic then?
Let me clear it up.
Do you want to be trader for another company or do you want to be self employed as a trader? With both you do trading live.
You said in your previous post that employers will be looking to hire traders that have programming skills. Thats fine, but if your not planning on being a trader for a company, you can scratch that reason off your list for learning programming.
The thread starter gave little information as to what he is looking for other than that he loves forex. Anyways this is all in response to your post about “what trader wouldn’t benefit from better programming skills?”
All I’m trying to say is that it really depends on your methodology/system in regards to whether better programming skills will really help you. You responded that automation is the trend. Thats fine and it may give him another reason to pursue the programming route.
But he does have other options as there are many different ways to trade, some which don’t require programming skills.
Even if more automation comes, I’m not afraid as I know what my edge is and no computer statistical chart pattern finder can take it away from me.