Benefits of learning Python for traders
In the world of burgers, there aren't really many buzzwords. Maybe for the very fancy burgers, they might have wagyu beef or something exotic like that (and no, those burgers aren't any better). However, by and large there's only so much you can do to a burger to make it different. Ultimately it needs a bread bun, a burger patty and a few extras, like cheese. If any of these are missing, well, it's not really a burger.
Finance, alas, is full of buzzwords. Many of these are banded around without too much thought. When it comes to quant, some of the most common are Python, alternative data and machine learning. If we purely focus on the coding angle, Python is becoming increasingly popular in financial institutions as a way of number crunching financial data. Of course, Excel is still probably number one for most traders, but Python is becoming a must have skill for graduates. At least judging by my classes, I always seem to get more students coming to my Python courses compared to VBA/Excel (VBA is still a useful skill, given all the legacy code out there!). However, if you're not a graduate, and you're more experienced do you need to know Python?
First thing I would say is that not everyone needs to become...
Senior Executive Officer @ EL DORADO CAPITAL-DIFC
3 年Saeed Amen thanks for sharing Indeed, Python will be very essential tools for all traders, to automate, back test, research and data analysis on a finger tip. Twiking inside the black box would be next derivative of Python.