Can a begginer create his own machine learning trading algorithm ?
Creating a machine learning trading algorithm is a complex task. You will need some serious programing skills with python for exemple. It is possible to implement a machine learning function inside a basic trading platform that can host a database.
If you are not skilled at programming, it is not a problem, you can ask a coder to do it for you. But there is limits to subcontracting your programing :
- The programmer will maybe use your algorithm for his own trading. Therefore you are not 100% guarenteed to be the only algo's user.
- Price may be very expensive. Programmers may ask you about $10k just for the algo.
Machine learning algorithms seems to be inaccessible to low funds but if you are a beginner with money to invest, then it can be a possibility. But to be honest, I am not sure that a beginner would have enough market knowledge to design a machine learning strategy.
To my opinion, begginners should focus on simple things and evolve step by step. Every trading basics must be well integrated before starting to focus on complex market concepts.
So what I would suggest is to learn the python programming language and to keep learning about trading and how the markets are working.
