automated trading
IB
Tags:
(Senior Monkey, 91
Points)
on 4/26/10 at 10:36am
this question always in my mind , "why do investment banks hire trader when they can just use automated trading" eg: algoritm models ? Can ppl tell me why






Are you serious? Who do you
Are you serious? Who do you think builds the models and the algorithms? Running an algorithmic system without a trader knowing why its working is like driving a car blindfolded.
i just dont, please tell me
i just dont, please tell me more about it.
wtf? I guess you have to sit
wtf? I guess you have to sit down and think, and figure it out yourself.
I've always wondered why
I've always wondered why airlines hire pilots when modern planes come with autopilot...
PDT worked fine unless
PDT worked fine unless traders messed with up. Up until the crash that is.
Joshua.D wrote: I've always
I've always wondered why airlines hire pilots when modern planes come with autopilot...
haha