Interesting article. I think developers shouldn't actually invest in stocks. Developing a trading bot will get the job done (Selenium + Python = greatness)
Thereโs a huge difference between investment and trading. Trading is speculative and basically a bet. Investment is a long-term and lower risk (if you do the math).
What youโre proposing is sound for speculative trading. In fact, there are whole platforms that allow developers to sell their bots to non-developer investors.
This doesnโt work for long-term investments, though, because there you have to read financial statements of the companies, understand the real value of the company and hold stock for a long time while it makes sense to do that.
Interesting article. I think developers shouldn't actually invest in stocks. Developing a trading bot will get the job done (Selenium + Python = greatness)
Thereโs a huge difference between investment and trading. Trading is speculative and basically a bet. Investment is a long-term and lower risk (if you do the math).
What youโre proposing is sound for speculative trading. In fact, there are whole platforms that allow developers to sell their bots to non-developer investors.
This doesnโt work for long-term investments, though, because there you have to read financial statements of the companies, understand the real value of the company and hold stock for a long time while it makes sense to do that.
Uh, makes sense ๐