Stock trading robots, it is a lifestyle business with no customers, no employees and no investors and location independent and can be done from anywhere in the world...
~~a 25 year veteran of the markets, hedge funds, CTAs, equities, commodities, you name it.
1. Those are startups with limited funding and not too many employees, so they are the perfect hackers target for the perfect crime, the hacker don't have to steal anything, just copy the best strategy from time to time and use it until obsolete or just bet against you for example...
2. I don't see a 3rd party verification and audit on what exactly the employees of those companies have access to - if I am a rogue hedge fund, I have to compromise only one employee in such a company and ask him to send me all best trading strategies every month for example...
3. Hedge funds are major investors in such companies, the question is why and what information they are getting...
I would LOVE to be financially independent. I'm just wondering, if I get into quantitative trading, how many years that would take
What to avoid: avoid everyone who is selling trading strategy (in a books or online gurus and signal sellers), no sane person will do it, because the more people(money) are trading a strategy, the less effective it will become overtime...
If one day a real AI comes a long and we finally have the singularity, who knows... but maybe the AI will be as greedy and fearful as his human parents, which wont be a good news for the human race, if you have to think about it :-)
Just think about it, why on earth I should help you (my competitor) and save you time by giving you working (and non working for that matter) trading ideas?
In the end it is a zero sum game (even less than zero when calculate the commissions and other expenses), so for me to make money, someone else have to lose...
If I ask you to sell your house and send me the money, I would sound a bit crazy, don't you think?
Whereas selling it as some kind of SaaS, you could make maybe the same kind of money with just around 20 users, or even one user who invests millions.