Massive waste of time considering doing startup vs algo trading

(Last Updated On: July 7, 2018)

I find doing algo trading has longer sustaining benefit with algorithmic or automated  trading as explained below. Startups are temporary for a long shot of profitability.

is founding a startup a massive wast of time considering the vast majority of startups never turn a profit?

Found on Quora

is studying a massive wast of time considering the vast majority of academics don’t earn more like a waitress in a nightclub? 

…. is founding a startup a massive wast of time considering the vast majority of startups never turn a profit?

is studying a massive wast of time considering the vast majority of academics don’t earn more like a waitress in a nightclub?

as a daytrader, I was slightly profitable. I improved as I switched to swing trading, but I learned everything about stock exchanges, money management and markets on the micro timeframe which helps me now building my own algorithm (learning python and R right now).

https://www.quora.com/Is-day-trading-a-massive-waste-of-time-considering-the-vast-majority-of-day-traders-never-turn-a-profit

The top rated answer for this was:

So yes, trading is not a massive waste of time considering my monthly income is 95 percent generated from it. Also, you haven’t heard of me because I’ve started trading for last 2 years. And I’m improving my skills everyday.

I’m generating 40 percent monthly profits on capital invested.

As my Facebook commentor expains, it is the automation that matters via a programming language like Python. If interested, you can always learn the way I do it buy learning from my Infrastructure Build Blocks for Python.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
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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