Individuals who choose to use the popular NinjaTrader platform are amazed by its power. However, the complexity of the system can be somewhat overwhelming for those who want to create their own NinjaTrader strategies.
For example, the NinjaScript coding system can be incredibly confusing for people who are brand-new to the system and who have no previous programming experience.
This raises the question of whether or not it might make sense to hire somebody else to code your NinjaTrader strategies. Needless to say, there is a lot of confusion about whether or not this makes sense.
Generally speaking, you never want to hire somebody else to create a specific algorithm that you had no part in engineering. In other words, if you engineer the logic behind a particular trading strategy, you can certainly hire somebody to then translate that logic into an algorithm that will be understood by the NinjaTrader platform.
On the other hand, if you’re thinking that you can just go out and hire somebody to create the NinjaScript code needed to apply a particular strategy — and you’ve failed to identify what that strategy will be — you’re asking for trouble. Remember, this is your money that’s being traded!
If you’re brand-new to the world of financial markets and feel as if though you’re perhaps a little bit in over your head, don’t worry. There are a lot of educational materials and related tools that you can use to help you learn more about the process.
What you ultimately need to remember is that NinjaTrader is the equivalent of a high performance car. If you have an idea about how to modify the car to make it perform better, you’re certainly welcome to hire a car mechanic to implement your idea. But if you’re hiring somebody to do work on the car and you’re not really giving them a lot of direction or input, you may not like the results you get.