Comment by OzanEnginsal
1 day ago
Great question. Honestly, because I love building software. I do trade, but I get a huge amount of satisfaction from creating a tool that other people can use to do their own research more effectively.
Also, these are signals, not fully automated strategies. They still require a human to manage risk and execution. Why not build a business around a problem I'm passionate about solving?
Why not build a business around a problem I'm passionate about solving?
Because there is no shortage of unverified technical analysis tools out there?
Good luck. You'll be an upstart in a field that is already fairly saturated with well entrenched players.
If you really have something of merit, my best advice would be to look at becoming a 3rd party add-on provider for one of these existing platforms like ninjatrader.
https://www.investopedia.com/articles/active-trading/121014/...
You're right, it's a very crowded space and there's a lot of skepticism for good reason. My goal isn't to compete with the big TA platforms, but to focus specifically on the statistical validation of trading ideas, which I see as a missing piece.
I appreciate the advice about platforms like NinjaTrader—that's a good thought. Thanks for the feedback.