For nearly every trader, there is one all-consuming question: How do you build a profitable strategy? Naturally, one would expect to dive straight into the statistics and begin crunching the numbers. Yet, before we delve further into the mechanics – and believe me there are plenty – I want to talk a bit about the philosophy and, indeed, the rules behind a good strategy. With all the numbers needing to be crunched, it’s unquestionably important to have a rough sketch of your ideas for building a strategy. Only with that rough sketch in hand can you then move onto the blue prints of actually constructing a sound, viable strategy. There is No Perfect Trading Strategy Having said that, let’s get […]Read more ›
Post Tagged with: "beginners"
In this article I’m going to introduce you to some of the basic concepts which accompany an end-to-end quantitative trading system. This post will hopefully serve two audiences. The first will be individuals trying to obtain a job at a fund as a quantitative trader. The second will be individuals who wish to try and set up their own “retail” algorithmic trading business. Quantitative trading is an extremely sophisticated area of quant finance. It can take a significant amount of time to gain the necessary knowledge to pass an interview or construct your own trading strategies. Not only that but it requires extensive programming expertise, at the very least in a language such as MATLAB, R or Python. However as the trading […]Read more ›
10 days before the third anniversary of the Trading Den, yesterday we hit a major milestone – we past the 500% profit mark. I think that is a result to be proud of, not in the least because this period also includes the most difficult year I have seen in the (gulp) 32 years I have been it the markets. I don’t say this to blow my own trumpet. Far from it in fact, because this result isn’t all down to me. It has been a real joint effort. It is a testament to the relentless hard work of the professional traders who make up the group and how everyone has worked together as a team: dedicated, determined and above […]Read more ›