Automation replaces you human trader as Wall St lose jobs

(Last Updated On: May 3, 2016)

Automation replaces you human trader as Wall St lose jobs

Here is an article that proves what I said for years:

Dear mid-level Wall Street worker, your computer is coming to get you.

To read the entire article, go to http://bloom.bg/1VHjLeo

If you are human trader, you will be obsolete sooner than you know. Pink sheets have been flying at the financial institutions for year to get rid of dead weight being replaced my automation. Boo hoo. Cry me F*C*ING river you poor whiny victim.

Next up: If you are learning from some ‘trading guru’, all their strategies and what they teach are junk. Automation will destroy what they teach. If you are not using multiple strategies in scale, you will be financially ruined before you get started. So don’t try! If you argue it, you will be ruined or at best you will see your performance suffer in the long run. It is a different era and you better join the automation movement.

http://www.bloomberg.com/news/videos/b/8df546df-20d1-46e5-824b-0702e9225046

Blankfein: Goldman Sachs Is a Technology Firm

P.S. Laziness, ignorance, depending on historical patterns, or just chasing price lines from charts will no long cut it.

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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs