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Are people actually making money this way? I don't mean in 1 or 2 trades, I mean, making money consistently every day and not losing any money ever?
by hash-set 10y ago
Are people actually making money this way? I don't mean in 1 or 2 trades, I mean, making money consistently every day and not losing any money ever?
- frgtpsswrdlame 10y ago> Are people actually making money this way? Maybe a couple but most are not. A lot of the quant programmy stuff online seems to be more resume fodder than anything else. > and not losing any money ever? That's asking too much. There's always risk outside of pure arbitrage.
- hellogoodbyeeee 10y agoIf most quant stuff online is bad, do you have suggestions of anything better? Maybe actual textbooks I can read? I'm looking to apply for some quant positions in the near future.
- frgtpsswrdlame 10y agoThere's about a million articles online on "How to be a Quant." I would just scan those for rigorous books which seem to appear multiple times. Although "market microstructure" might be a good search term for self-direction. Also this: http://www.quantresearch.info http://www.quantresearch.info
- jjgoldman 10y agoLike any strategy it is not infallible. It is a tool to be used in the right situations. If you have a contrary view of volatility (how much a security will move in a given time, up or down) then this can be helpful. Remember this strategy can be reversed as well, so whether you believe it will not move much, or definitely move a lot, you can engineer it to work for you. But if you EVER hear anyone say a financial strategy is no risk, they are incorrect at best, and actively lying at worst.