5 Lessons From the Greatest Traders Jim Simons book

Since the announcement of a book about the Renaissance Technology founder, It is a week about Jim Simons. The thing is that he is easily the most successful trader or investor of our time. Someone went out and wrote about some of the lessons learned  from this book.

Out of all the articles I have seen over the last few weeks, this is easily the most useful.

If you have not been reading these emails, I have done revamped the store to my old reactivated Shopify store. I am sure you are not interested in the benefits, so I will just post the the highlighted links:





Interative Brokers 4.5 hour Workshop Bootcamp

$37.00

https://quantlabs.net/interactivebrokers/

Python Algo Trading Infrastructure with Crypto Currency

$297.00

Quant Analytics 3 months

$297.00

Thanks Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Goldman Sachs lose top traders to hedge funds

I have put together some articles on what is happening with Goldman Sachs as more people are leaving. Here are some reasons from the first article:

Junior traders have been complaining of a new approach at Goldman Sachs. As the firm focuses on developing stable streams of income from ‘platform’ businesses, volatile trading revenues have gone out of fashion. Insiders complain there’s less interest in generating alpha and more of a focus on pure market making, meaning alpha-generating traders feel they’re better off on the buy-side.

https://news.efinancialcareers.com/uk-en/3002624/goldman-top-traders-leaving-for-hedge-funds

Many seem to be going to Bluecrest but never ask me why. Here are the other articles leading into Goldman is moving into platform based businesses which make sense:

https://news.efinancialcareers.com/us-en/311902/real-reasons-junior-traders-leaving-goldman-sachs

https://news.efinancialcareers.com/uk-en/3002409/goldman-sachs-technology-jobs

I am still looking for feedback from people on this new physical book I am thinking of self publishing. As said, a darft is in place but I am not willing to move forward unless people comment on what more they would like to see in it. This book proposes to speak about 4 main topics:

  1. Your retirement and future taxes
  2. How to hire a coder
  3. Rise of Bitcoin and crypto currency

It generally will speak of why the benefits of algo trading can help secure your unclear future.

As said, let me know by commenting or responding about this. I will simply quash the idea if I just see clicks and social media likes.

Thanks Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Book of the benefit algo trading for your financial security

How many of you would be interested in a book about how algo trading can help secure your financial future? As we move into a recession, I am polling to see if there would be a market demand for a book on such a topic. Please let me know as I already got a full draft written up.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Learn how to use Interactive Brokers or Dukascopy brokers

I am planning to replace the current online store. I am sending you this email to see if you are interested in some cheap video product. Here are some sample product. These are listed below and are active if interested. 

The new Shopify shopping page will be at https://quantlabsnet.myshopify.com/

Thanks Bryan

P.S. I will replace all product and services to this shopping account later today. 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

China futures marketing trading vs US markets

A query came in about China vs the US markets like CME. How would you respond? 

Hi Bryan, we could know enough information before we judge a market. You are right the CME /US marketing is well regulated for a long time. Now, China futures marketing trading volume is the biggest one in this planet. Also, the regulation is well now. In stock market, maybe some price control still occur, but in future market, I think it’s a fair trading place and there are many opportunities. Later you could know more about this.

For me, I wanna to know more international trading strategies, I had traded in CME of the gold/oil, but it sounds more difficult than China future market. Thanks.

My response:

I cannot really comment on the Chinese market since I don’t know. I am intending to grow an account on Interactive Brokers. Whatever they give me a access to I am willing trade if there is enough liquidity for decent fills. That is all I can say at this point. 

Question:

Hi Bryan, we could know enough information before we judge a market. You are right the CME /US marketing is well regulated for a long time. Now, China futures marketing trading volume is the biggest one in this planet. Also, the regulation is well now. In stock market, maybe some price control still occur, but in future market, I think it’s a fair trading place and there are many opportunities. Later you could know more about this.

My response:

For me, I wanna to know more international trading strategies, I had traded in CME of the gold/oil, but it sounds more difficult than China future market. Thanks.

How would you respond to this ? 

Also, in case you missed this:

FAQ: Algo trading in C++ or Java vs Python

Question I know you recommend testing in Python and recoding in C++/Java. But what if your trading strategy can afford some delay, like a pair trade on the 1 minute chart. I typically trade like this can last 20 minutes to a several hours. Is it ok every to use Python as your main language for execution?

Video response below

Thanks Bryan 

P.S. Don’t forget about custom building bot course for crypto or forex

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Summary from today’s 2 hour of Emini Micro vs Cryptocurrency

Here is the Summary from today’s 2 hour webinar video on Emini micros vs crypto

  1. XLQ for screen in anything to trigger signals
  2. Crypto moves fast but you could do sub minute analusis with Binance
  3. EMini Micros move slowly but are more stable in percent changes
  4. Different strategy development with Emini Micro using MotiveWave platform
  5. So much more I kind of forget

A note about the Barchart.com API request. You can up 400 requests for free with it.

https://www.barchart.com/ondemand/free-market-data-api

https://www.barchart.com/ondemand/api/getLeaders

The cost to get IQFeed CME Emini service add on is $46/month. Cheap!

As for Interactive Brokersm the CME Floor Trade may get you access to the Emini Micros ? I need to confirm. It is:

CME Floor Based*United StatesUSD 35.00

https://www.interactivebrokers.ca/en/accounts/fees/marketData.php?ib_entity=ca

This would be for those that do not meet the standard mimimum for free data on IB

This is just one sample of many weekly webinar sessions we do.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

LAST CHANCE! Quant ELITE 3 YR algo trading Reduced to 2 Yr

We are coming down to the wire. I will be reducing this ELITE trading membership from 3 year to 2 year. It will end on Monday Nov 11 as the last day! Benefits include:

  1. Lifetime access to the private/anonymous chat server
  2. A potentially winning bot for crypto exchange Binance. I plan to duplicate the same trading rules in Binance US markets which is fiat. This is testing with live money which will reported on CoinTracking.info for credibility.
  3. Moving into Emini Micros which is a poor man’s gateway to the futures market on the regulated CME. No more unregulated FX retail bucket shop brokers!
  4. There are many courses in this membership as described in the video to help you launch your success to the world of automated trading to secure your future!
  5. This was NOT mentioned in the video for non programmers. This will include access to the Quant Analytics and live signals for bot trading!
  6. There are so many benefits when you watch this video.

If you are interested, click the link below.

Time is definitely running out. 24 hours left before the lowest price you will! e.g. $333 x 3.

Thanks

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Most active futures in the market here

Looking for the most active futures in the market right now ? You can get this on Barchart.com which is quite useful. When there is a full bull market on, you can most volume will go to US market indices. You will also be able to see defensive moves as well.

https://www.barchart.com/futures/most-active

Like to learn more? Get these free books

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Jim Simons Beat The Market—And Began Quant Revolution with this research paper

If you like these topics, go down these books of other secret sauce tech stuff for screeners. See the research papers I speak of at the end

I started this week about the latest book on Jim Simons. It lead down the usual notes of thwt he did and why. Then I mentioned his earliers partners or hires over at Ren Tech. This included the upper echelons of Peter Brown and Robert Mercer.

Simons met these guys over at the IBM Research Center working on linguistics before machine learning became hot topic. Check out this research paper with heavy math and models I discovered. Few people know about this but yet I have never known about this research paper with both Peter Brown and Robert Mercer on them. There might be some early concepts of what lead RenTech to their massive returns.

This Forbes article highlighted that showed this firm added 18 Billion revenue over the last 2 year alone. Jim Simons added close to 10 billion to his net worth in the last 5 years. Pretty incredible. Let me know what think/

If you are interested in this type of research, I would strong recommend you to get in on my Quant Elite members now for 3 years. I reduce to 2 years after Monday. I see no reason to go back to this.

Further links to help from this video er links to help from this video

Historical bio of the secret sauce for RenTech HFT Hedge Fund

The research paper put out by IBM Research with Brown and Mercer names on it

https://www.aclweb.org/anthology/J93-2003/

https://www.aclweb.org/anthology/J93-2003.pdf

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Exciting MotiveWave Java source posted with Redis for Elite members

Into free tech stuff on algo trading,get this

Here are the links from the video with Java source within the ELITE membership

Join here

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!