Category Archives: Quant Job

Trading online meeting jun 29 with Hang Seng index

Here a bunch of topics I posted from the listings I had. You can see them here with link with Hang Seng index outlook

Free books https://quantlabs.net/ or learn algo trading https://quantlabs.net/dvd

Renaissance’s $10 Billion Medallion Fund Gains 24% Year to Date in Tumultuous Market

Jim Simons’s algorithm-run firm has outperformed most funds so far this year

https://www.wsj.com/articles/renaissance-s-10-billion-medallion-fund-gains-24-year-to-datein-tumultuous-market-11587152401

 How the coronavirus may deliver a shock to the US dollar

https://www.facebook.com/groups/quantlabsnet/permalink/3598870130128401/
https://www.scmp.com/comment/opinion/article/3090409/how-coronavirus-may-deliver-shock-us-dollar

he US dollar value looks artificial. I am kinda eyeing accepting payments in Euros instead

Day traders will have fun until they wiped out

https://www.bloomberg.com/opinion/articles/2020-06-23/robinhood-traders-will-have-fun-until-they-get-wiped-out
https://www.facebook.com/groups/quantlabsnet/permalink/3596936943655053/

It will definitely happen. Trading is hard and takes a lot of time to learn how to or takes a lot of data in different Escenarios because some models work and stop working depending on market conditions, and they always change eventually

I disagree, take Hertz for example, media heavily focuses the influence from robinhood traders, however, there were big institutions went long after the filing of bankruptcy reorganization

The shorter the time period, the more noise to signal. The more noise to signal, the less reliable any trading method based on the signal is, and the closer to random chance/walk, and more likely to lose. Having said that, love the challenge!

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$3,000 gold price no longer target; it’s now $10,000 when Fed’s assets collapse

https://www.facebook.com/groups/quantlabsnet/permalink/3598244996857581/
https://www.kitco.com/news/2020-06-24/-3-000-gold-price-no-longer-target-it-s-now-10-000-if-Fed-assets-collapse.html

this is bad, really bad but the dollar is backed by debt so it is bound to happen

Hang Seng Index Challenges Key Resistance, Gold Prices Climb

Note: This i just crossed but this index is up 0.7% which I did not expect

https://www.scmp.com/news/hong-kong/politics/article/3091119/hong-kong-national-security-law-passed-beijing-expected

https://www.dailyfx.com/forex/market_alert/2020/06/24/Hang-Seng-Index-Challenges-Key-Resistance-Gold-Prices-Climb.html

https://www.facebook.com/groups/quantlabsnet/permalink/3598919550123459/

As discussed in an earlier report, the draft of Hong Kong’s security law is unlikely to bring a material impact to the Hang Seng Index, which is heavily weighted toward mainland corporations. In fact, the implementation of a national security may even …

Two years ago, I used Sharpe Ratio to screen HSI composite stocks. Only 388 and 700 were identified as long term picks with reference to 10 years historical data. 11 and 2388 were identified as the other marginal choices. All others were nothing but sh…

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that is a good filtering technique so thanks for sharing

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!

USA is like Stage 4 Cancer dying non working patient with a no limit credit card

These numbers from https://www.usdebtclock.org/ are staggering. Then you listen to all these fools on the major media try to spin into some form of optimism is so unrealistic. The unemployment rate vs working is NOT what you are hearing. They don’t mention about how 123M are carrying 200M who are not even working. These same people are not even counted as being unemployed puts the country well into more than 50% not working. I don’t get these idiotic stats. Watch this video to see how dire this really is. There are more than 2x on food stamps than millionaires. This is not sustainable. Other Western democratic countries are not doing much better. Worst not mentioned is artificial intelligence nor robots replaces a lot more jobs/careers.

You would wonder what can you do? Can anyone say cryptocurrency ?

Thanks for newsletter reader who sent this.

I call this a double butt hurt!

Free trading books https://quantlabs.net/

or learn algo trading https://quantlabs.net/dvd

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!

Can You Become A Data Scientist In 6 Months with these skills

This article covers all the necessary math skills and programming language skills.  This include R or Python (hint hint) with SQL needs. It also covers how to screen out academys where you learn these skills. I would add one more if you plan to trade. Do they have a valid track record in real time? If not, ditch them or don’t consider them.  

Free trading books https://quantlabs.net/

Learn algo trading https://quantlabs.net/dvd/

Here is the article.

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!

truth about data analyst salaries in hedge funds

If you are top dog from a top university, why is it not hard t o get $500k soon as a data analysis

In theory, data science jobs in hedge funds are some of the best paid in the industry. Urban myth has it that newly qualified PhDs can get $500k+ jobs at top funds soon after graduating and seven figure positions soon after after that. The reality may be rather more modest.

https://news.efinancialcareers.com/us-en/3002709/data-science-salaries-hedge-funds?sfns=mo

LIke this topics, get some more books about it

The highest paying classification is this:

Software engineer, market intelligence technology $203kPoint72
Data analyst $200kCitadel
Sector data analyst$175kCitadel
Computer and information research scientist $175kRenaissance Technologies
P.S. 
I just want to let you know about the upcoming Black Friday sale for MotiveWave. It start on Nov 28. If you are interested in this, please click the image below to get preview what is available.

Click the above to previewv what is available for this Black Friday event

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!

20 basic Algo Problems from Coding Interviews

This will be helpful for newbies to get an idea what will be expected of you in interviews. Regardless of your data science POV, important elements of jobs will be SQL and coding techniques explained in this article. This is namely in the finance world for any quant research or coding job you would be interested in.

Too much for you? Let our new signals and Metatrader EA do the work for you

Learn to write your own custom trading bot for crypto or forex really really fast? e.g. <1hr

https://dev.to/javinpaul/20-basic-algorithms-problems-from-coding-interviews-4o76

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!

New analytics: Quant research job no longer be finance knowledge

This is pretty scary for those who have gone out to earn certification like PHD CFA or even CQF. It seem funds are no longer requiring since funds seek research from ‘bedroom quants’. Do understand you still need to show results. What do you think my Quant Analytics trading results it about?

Join the Quant Analytics kicks in before the 50% kicks in !

https://news.efinancialcareers.com/uk-en/3002106/big-data-jobs-finance

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!

actuary vs quant

Do not forget about the last few slots for the Quant Elite membership. This means you get immediate 10+ years archive plus 3 another years on what I do in the future. See the many benefits here.

What is the difference between quant vs actuary? Below is a video of this but see the description:

A lot of people have been asking what is the difference between Quants and Actuaries. Some have tried claiming one is nested inside of the other curriculum however this is wrong. In simple terms, quants are very focused in derivatives, financial risk management, and statistical arbitrage with heavy focus on programming as well. They require a minimum of a Masters (1-2 yrs) but prefer a PhD (5-7 yrs). Actuaries specialize in the insurance, pension, and health care industry with a broad range of topics covered including statistics, probability, finance, economics, and financial mathematics. It is very hard to jump from one (quant or actuary) to the other. Actuaries require exams which prevent quants from entering their industry. Quants require a Masters or PhD and prefer specific majors over others which prevents actuaries from entering the quant realm. Yes, there are people who go from one to the other but it is not very common due to the barriers.

Quant is pure math.

Thanks Bryan

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!

startup beating wall street giants search next great quant trader

startup beating wall street giants search next great quant trader

A CNBC article highlighted a fast moving Quant fund wants to hire the 0.01% of the quants out there which is not top 1%. They also have $100k in prize money

https://www.cnbc.com/amp/2019/07/01/a-wall-street-disrupting-startup-is-searching-for-great-quant-traders.html

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!

Why you’re not a job-ready quant data scientist (yet)

Question is: What is data scrience? What is TRUE quant?

https://towardsdatascience.com/why-youre-not-a-job-ready-data-scientist-yet-1a0d73f15012

Yes the quant and trading world is going this direction. In fact, any analysis has a requirement of these skills.

Thanks for reading

Bryan

All my Quant Analytics scripts have been ported over to my Linux box. This means I am now settting this Friday as the last day to get your lowest $47/month deal. Once you sign up, you are grandfathered at that rate permanently. Next rate increase will be a very shortliveed at $67 as it will go up event further.

Just letting you know.

Sign up here 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!

Amateur Quants Analyst Suddenly Everywhere in China

Hey Have you seen this questions of what a amateu quant is? One comment of this is quite good found here ?

Amateur Quants are unskilled, unprofessional with no expertise & adequate knowledge. They are rookies. Just like a amateur trader who trades chart patterns, moving averages crosses etc.

This comment among others is found in my Facebook Quant programming group.

https://www.facebook.com/groups/quantlabsnet/

Article found here

https://www.bloomberg.com/amp/news/articles/2019-06-17/diy-quant-models-are-the-hot-new-thing-for-chinese-investors

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!