What top quant grads make on Wall St? Huge 20% upper moves on crypto!

Note the big upper moves I found on my crypto analysis below

Who are the top paying quants? What do top PhD grads start earning at hedge funds, investment banks, or high frequency trading shops? It seems some can be making up $400k all they way up $500k. Check out this article here.

https://www.quora.com/answer?__filter__=&__nsrc__=2&__snid3__=3008948349

I can also speak of two more additions

As I was doing my usual daily scanning in the crypto currency asset class space, I was blown away to find a 20% up move on a particular pair found on Binance. I have never seen that kind of move before.

https://quantlabs.net/blog/2018/08/20-intraday-xlc-bnb-crypto-currency-asset-class-move-is-craziest-yet/

As this article says, I will be testing these upper moves for a couple of more days. If things continue on a positive basis, I see no reason why I cannot add live trading next week with portfolio optimization. As a result, I will only be posting all my files in the Analytics sections of the site. This includes charts, spreadsheets, Word documents, etc in there.

 

Speaking of Analytics

I have posted a new video to showcase in a slide presentation on the benefits of this membership. You an always join here if interested.

Quant Analytics

 

Lastly, if things continue to show upper moves on a consistent basis, expect this price to move up a little bit to justify it’s value. I will also be adding forex and CFDs shortly after using the same strategy I have highlighted over the last few months.

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!

20% intraday XLC BNB crypto currency asset class move is craziest yet

This strategy and report seems to be work quite nicely against the crypto currency asset class space. Last week, I reported a 12% intraday move but today was the highest. It was for XLC BNB with 20+% move within intraday. That is big! As I say, most portfolio managers would be happy with 1% move all the time. It seems that these trading ideas seem to work constantly over the last few weeks. It does not matter even if the crypto currency asset class space gets crushed for the day. I can always find some profitable move among the 300+ crypto currency pairs. Crazy thing about this crypto currency asset class.

The 25 + minute video reveals all the data!

NOTE: This 20% move is meant to be XZC (z coin) not Z Cash!

As a i mentioned in the 25+ minute video, Binance Coin (BNB) is currently the strongest crypto coin out there. It has been confirmed to be the case for all of 2018. In fact, it is now in the top 20  crypto coins by volume according to Coin Market Cap. It is also used as one of the stable or base coins Binance uses in their pairs which move the most. Tether is the other among Bitcoin and Ethereum. I have also proven somewhat you could add the hot coin to trade against these big daddy coins as well. It seems to double down or even triple down your trading opportunity if you stick with Binance. Always remember they are one of the largest exchanges globally volume over the last few months as well.

 

Here is the video.

Note that if things continue with my reporting and analyzing on a positive note, I will have enough confidence to say: let’s starting live trading now.

If things continue, I see now reason to keep my Quant Analytics service at the current price as well. I just even raised my ELITE service by 50% as of today as well. If it works,, people pay since it becomes more valuable.

Quant Analytics

Introduction to Quant Elite Membership

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!

AI experts share what their favorite potential trading algo is

I have received an article that ‘lit up’ my Facebook group. That is nit really tnot rue but relatively speaking, this article does show how these algos with machine learning/artificial intelligence/data science has an impact on the world of quant and algo trading. I would pay attention to the first pick at this article as it shows how influential the first pick is. Also, I find he is a great Youtube video resource if you are new to this space. I am to but I plan to learn more of this stuff later once the cold weather kicks in here in Canada.

https://thenextweb.com/contributors/2018/08/04/ai-experts-favorite-algorithms-siraj-raval/?amp=1

I also made a video here.

 

I want to highlight the benefits of my Quant Analytics service. Note that I will not be posting generous tales of of my crypto currency nor forex trading adverntures anymore.

Check out my ‘trailer’ of this service.

Quant Analytics

If you have been an active reader of this list, most of my services are going up. Here is one noted response:

I’m an EMT/student studying python as an amateur programmer with 10 years trading experience.  I love quantlabs courses.

What is the least expensive first few classes you suggest for someone on my budget?

I would typically respond with that there are 2 ‘legacy’ product you will find on my store that are under $250 each. These might be older, but they are still useful to work from for those on a budget.

Just remember I want to be one of the only resources out there who odes live trades, has 3rd party certification of website traffic, and online courses/services for those interested in what I teach. I am also just going into the premium market now as there are lots of free resouces out there for newbies in this space.

Lastly,

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!

Performance Attribution – getting under the hood

 

Quantlabs is pleased to be partnering with Savvy Investor, the world’s leading knowledge network for institutional investors. You may wish to consider joining their platform – it’s entirely free. 

Understanding where returns really come from and what they mean 

Attribution analysis involves comparing a portfolio’s performance against a set benchmark and unpacking the excess return to examine the impact of various investment decisions. We list below our selection of the best reports on the subject. 

In our first two papers, we focus specifically on risk-adjusted returns, recognising that Modern Portfolio Theory assumes that higher risk should be compensated by higher returns. Register today for free and immediate access to the papers below – and 20,000 others! 

SPIVA® Through a Risk-Adjusted Lens (S&P Dow Jones Indices, July 2018) 
Modern portfolio theory purports that greater risks should be compensated with higher returns. S&P Dow Jones Indices examines actively managed funds and evaluates their risk-adjusted performance. 

How Sharp is the Sharpe-Ratio? Risk-Adjusted Return Measures (StatPro, 2016) 
This StatPro paper compares the Sharpe Ratio with a number of competing and complementary rations for assessing risk-adjusted returns. 

Performance Attribution through a Factor Lens (Invesco Risk & Reward, July 2018) 
Turn to p42 of Invesco’s quarterly Risk & Reward magazine for a six-page discussion of how standard attribution analysis techniques can be adjusted to develop a factor attribution which reconciles realistically with the investment process. 

Total Portfolio Performance Attribution Methodology (Morningstar, 2015) 
Morningstar reviews methods for analysing and attributing portfolio performance, decomposing returns into decisions that stem from the plan sponsor versus those that stem from the investment manager. 

Global active bond fund returns: a factor decomposition (Vanguard, July 2018) 
Vanguard analyzes 15 types of global active bond funds to determine the sources of their returns. How much can be explained by risk factors (term, credit, currency, high yield) versus the manager’s bond selection and market timing? 

Performance Measurement: How to Do It If We Must (Research Affiliates, 2018) 
It is natural to assess a portfolio’s performance on a regular basis, but taking action over short-term time horizons can be dangerous when it is likely that noise in investment returns also exists. 

Rethinking Investment Performance Attribution (AIMCO, 2014) 
This 2014 article discusses the Alberta Investment Management Corporation’s journey to developing a performance attribution system as an investment management tool. 

Active Equity Returns: Putting Dunn’s Law to the Test (Morningstar, 2018) 
This study evaluates whether active managers’ index-relative performance is driven by the returns to their investment style. 

Investment Performance Reporting: GIPS Standards (CFA Institute) 
The Global Investment Performance Standards (GIPS®) is a set of standardized, industry-wide ethical principles that guide investment firms on how to calculate and present their investment results to prospective clients. 

CFA Principles for Investment Reporting (CFA Institute, 2014) 
The Principles for Investment Reporting have a specific focus on reporting to existing clients (the GIPS standards primarily consider presentation to prospective clients). 

Sharpe Ratio: Estimation, Confidence Intervals and Testing (Two Sigma, 2018) 
The authors look at Sharpe ratio estimation, complete with confidence intervals and hypothesis testing of single Sharpe ratio estimates and the difference between 2 Sharpe ratios. 

Understanding Active Risk and Tracking Error (Commonfund, 2016) 
In this paper, Jess Gasper, PhD and Head of Asset Allocation and Research at Commonfund, discusses tracking error and the concept of active risk, as well as each of their impacts upon the investment decision-making process. 

Performance Attribution Analysis Models – Under The Microscope (Deloitte, 2015) 
The authors of this paper provide a comprehensive review of attribution models for equity portfolios. They touch on the linking attribution effects issue, and show how attribution analysis can be used by investors and fund managers. 

Does Past Performance Matter? Persistence Scorecard (S&P Dow Jones, July 2018) 
It is said that “past performance is not an indicator of future outcomes.” The S&P Persistence Scorecard is released twice per year, and tracks the consistency of top performing mutual funds over yearly consecutive periods. 

The Folly of Hiring Winners and Firing Losers (Research Affiliates, 2017) 
Performance chasing can lead to underperformance, so investors need to look forward as well as at historical returns, considering factor exposures, manager skill, fees, and other statistics before making an informed manager selection.

 

About Savvy Investor

Savvy Investor is the world’s leading resource hub for the institutional investors. Since launch in March 2015, more than 25,000 members from across the globe have registered for the site, with 200 new members joining every week. Join today for free to access over 20,000 investment white papers and an extensive global investment conferences directory.

 

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!

7 sure short way to constantly profit offer

This is an offer that will expire after Monday Aug 5. The price shall increase by 50% thereafter. Get the offer here.

Get the offer below

Introduction to Quant Elite Membership

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!

Gold, CNY, Devaluation And Crash: what is the safe haven ?

It seems many humans think they get their calls right. In this article, it seems he feels both gold will go up while China yuan will decline. What will be the future safe haven?

https://www.silverdoctors.com/gold/gold-news/gold-cny-devaluation-and-crash-david-brady/

I find this is true but gold has been flat for many years. It is just used as a safe haven asset when the stock indices suddenly drop. The panic has not yet set in, but do not be surprised if crypto currencies like Bitcoin will be looked upon. In the last panic last year it was Bitcoin that easily received the hot capital as being safe haven trade. Even Japanese yen and indices were not as high which is perceived another recent safe haven.

New Facebook Pages videos

Over the last few days, the crypto currency asset class market has been literally crushed. According to CoinMarketCap, no more than 5 were profitable in the top 100 coins. It seems I have built a little script that still finds some fantastic intraday opportunity of 8% and 12%. Even professional portfolio managers would love to have 1% daily. I seem to be getting at least 8%. For these videos, just go over to my QuantLabsNet Facebook page. Look for 2 recent videos entitled:

Another tough day in this #cryptocurrency asset class. Please not #coinmarketcap is now paid which may limit my strategy I showed yesterday.

And

Very tough #cryptocurrency day but found 12% intraday move on #coinmarketcap
I found this using this exchange with only 2 of 100 profitable crypto currency pair. I show I accomplish thanks to automa…

I have not even mentioned the potential crazy initial coin offerings with lucrative opportunities. I just posted a chart on my Instagram on how ICOs are still red hot. I do think this will be the case until the regulators step in. As a result, these operators will just focus on regions with exchanges with no constraints. I always compare the performance of the crazy returns of penny stocks when you watch educators like Tim Sykes. Of course, this involves lots of testing for potential slippage and manipulated execution.

New Youtube videos

I have added new intro guided tour videos for both memberships of Quant ELITE and Quant Analytics. These will highlight the different features of reports and other analysis tools available in both memberships. Just go over to my Youtube.com/quantlabs channel. Look for two videos:

Quant ELITE membership guided tour

Quant Analytics guided tour

You will also see some tutorial videos for my Quant Analytics which will includes forward looking videos on:

How to understand Euro Zone stats for ESI

How to use FED and other US government forward looking economic data

These are based on fundamental data that affects all asset classes like options, equity, and currency.

More videos will be posted today.

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!

Get into investment bank with being analyst? Me: crypto currency pairs

Is there a way to get into an investment bank without becoming an analyst grunt? Many of the ivy league graduates complain about making pretty reports with charts for bank clients. These charts and reports are never ready apparently but their creators who work 6 days per week at 12+ hours per day. Sounds fun. You basically have no quality of life nor balance. Are there other ways to get into the very high paying positions in these banks? I have my own solution with lucrative crypto currency pairs so see below. Apparently there is if you read this Quora article with other links.

https://www.quora.com/Is-there-any-way-to-get-into-investment-banking-without-going-through-the-route-of-being-an-analyst

Note one answer is from the head of talent acquisition of Point72 which is the private family office from of the largest hedge fund manager known as Steven Cohen. Remember the insider trading fiasco of SAC as few years ago?

My solution

As of today, I will be drawing a solid segregation line between trading and the technology behind it. After years of experience sussing out the psyche of different people, it seems to be there are those that want to get into algo trading without building anything themselves. This is the DIY (Do It Yourself) approach I strongly believe in. There is another set of folks with the technical chops to accomplish it, but they realize how hard it is to get a fully algorithmic trading system with automated execution/orders to their broker. The farthest they get are to generating trading signals. They don’t factor in automating risk, portfolio optimization or construction, nor automating their orders. It is a huge ordeal to piece all of this together.

As a result, I have two separate membership services I created over the last few months, The first is the Analytics service.

You can get full details here.

http://quantlabs.net/academy/new-course-building-python-algo-trading-system-with-bitcoin-an-crypto-currency-focus/

Notes from yesterday:

Python Course Pricing Re-adjusted

I just doubled the price of the Python 3 Infrastructure Algo Trading course, This includes fast moving crypto currency. If you did take advantage of this, you will note that I managed to discover high 12% intraday  moves across 3 crypto currency pairs. This was in a severe down day with only 2 profitable crypto currency pairs out of 100+. There were others with 800+% but there for tiny coins coming off an ICO.  Always remember initial coin offering can be highly manipulated but I may focus on those down in the next few weeks. It reminds me of how Timothy Sykes does his penny stock teaching

If you are concerned about pricing, I just posted the more affordable but older Python 2 Infrastructure course without the Crypto currency.

I also have the ELITE which is more geared towards the technology of these systems. It is for more advanced programmers which is purposely not cheap! There are many free resources out there but good luck in looking for unique trading ideas from them. Ask yourself if they are real traders earning from what they show? It is most likely no.

As you know, the QuantLabs.net site has verified this by a third party:

You should understand well over 40-49% of our website audience makes over 
$150,000 annually. Do understand that this website is one of the only one 
of its kind to offer this verification with CONFIDENCE! Insights provided by 
Quantcast.com since day 1!

Crypto Currency pair secrets with the reward

Not just that, I am finding some great discoveries 12% up moves intraday for certain crypto currency pairs? This is where the entire asset class is getting crushed. I have not even described yet the about the up 850% intraday move from tiny crypto coins. These are most likely part of ICOs (initial coin offerings). I am interested in focusing on these entire areas instead of being proud of 20% annual move of the S&P 500. There are many unknown areas to discover for huge pops intraday which I want to focus on. As a result, I am not interested in telling the world about it. This is where I will focus via my Quant ELITE service which is why it will not be cheap.

I also plan to do my usual webinars LIVE on Monday nights. I will be splitting up the event in two hours. The first hour will be public showing recent results of what I see. The second hour will only be available for my ELITE members where the replay gets archived. These videos will not be made publicly anywhere except behind the paywall fo the ELITE service. This starts very soon so keep your eyes peeled on my QuantLabsNet Facebook page for these.

quant elite with new FXCM API demo 30 min video for Pythoan Algo Trading course

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!

Probability & Statistics for Data Science Series with crypto currency pairs

If you know me, I have spent quite a bit of time with Khan Academy. I found it the best resource to learn about any form of math. As the behind the scenes of math is important for any data science, machine learning, and artificial intelligence. I am dumbfounded some think it is ok it be a data analyst with out understand the math behind the routines they use. I call that the blind leading the blind. One can apply this logic to  crypto currency pairs as I do in my current analysis.

This article will introduce you to a high level math requirements you will need:

https://blog.goodaudience.com/probability-statistics-for-data-science-series-83b94353ca48

Also, I still find this guy one of the of the best online resources to learn general Machine Learning when it comes to Python programming.

https://www.youtube.com/channel/UCWN3xxRkmTPmbKwht9FuE5A

Python Course Pricing Re-adjusted

I just doubled the price of the Python 3 Infrastructure Algo Trading course, This includes fast moving crypto currency. If you did take advantage of this, you will note that I managed to discover high 12% intraday  moves across 3 crypto currency pairs. This was in a severe down day with only 2 profitable crypto currency pairs out of 100+. There were others with 800+% but there for tiny coins coming off an ICO.  Always remember initial coin offering can be highly manipulated but I may focus on those down in the next few weeks. It reminds of how Timothy Sykes does his penny stock teaching

If you are concerned about pricing, I just posted the the more affordable but older Python 2 Infrastructure course without the Crypto currency.

 

New course!! Building Python algo trading system with Bitcoin an crypto currency focus

 

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!

Crypto currency down day? Try this day trading Python strategy

There have been lots of down days with the entire crypto currency asset class. According to Coinmarketcap, approximately 5 are only profitable. Is it possible just to focus on these? Sure since they are profitable. If you saw my post from yesterday, you know you can day trade the crypto currency according to Investing.com. I verified the profitable ones today with either strong buy or buy. These do vary widely including the daytime period as well.

It seems CCXT Python package has severe limitation for Coinmarketcap so it be wise to use this one:

https://github.com/barnumbirr/coinmarketcap

Here some examples lines you can use to capture the most profitable 24 hour changes:

>>> from coinmarketcap import Market
>>> coinmarketcap = Market()
>>> coinmarketcap.ticker(start=0, limit=3, convert='EUR', sort='rank')

You may to focus on the top 100 no different then you will have on the site. For today, I found many 3 pair combinations you could use with Binance. This includes Verge against BTC, ETH, and BNB. These were up quite a bit as in 5% (over 24 hours) considering the overall asset class market is getting killed today. There were a few others not as profitable.

The above call results as dict datatype so I would convert to a data frame for convenience.

I just built this script to sort by either hourly or on 24 hour basis. These are the latest sample crypto currency pairs

name per_chg_1h per_chg_24h symbol
67 Cryptonex 4.79 -0.52 CNX
85 ChainLink 4.42 -3.40 LINK
52 Waltonchain 3.75 -8.26 WTC
84 Dropil 3.16 -1.19 DROP
73 FunFair 1.70 -3.62 FUN
18 Tezos 1.23 -8.19 XTZ
6 Litecoin 1.12 -3.04 LTC

It is better to go watch based on an hourly basis. As we know, that timeframe can be more profitable over slower moving crypt pair.

Also, as the intraday signal (e.g. 5M or 15M or 1h) can quickly dry up so it is best the hourly as the primary value. It is wise that you only focus on those crypto pairs that have at least %2 change. Use the extra as a buffer incase the opportunity dries up quickly.

As long Binance carries the profitable coin, it seems to be consistently profitable on the intraday timeframes of hourly, 5 and 15 minute. This can be said for the majority of time against the quote/base coin above.

I made a 15 minute s to detail all these ideas under this sad scenario

 

 

How I deposited cash into Bitcoin into Binance with ccxt Python package

 

 

 

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!

Access Python 3 Infrastructure Algo Trading course with Bitcoin Crypto currency NOW!

Tonight is the final deadline for 11:59 PM Eastern Standard Time (same NYC) to get the low current deal. It will double after that time. This does include Bitcoin and future cryptocurrency topics

 

People have asked me if this will get any lower, I say no but it will become much more expensive in due time.

 

Here is the same detail I sent last nite:

This course topics include:

1, How to build a Primitive Algo Trading

2, Topics include Python with Crypto Currency (include Bitcoin)

3. Source code included with videos totaling no more than 3 hours

 

I have place an introductory price of $247 for 3 month access. This will be lowest you will find as this price will double after the deadline!

 

This will expire on TONIGHT 11:59 PM EDT!

(That is just over 12 hours from now!)

Go here for immediate access

 

http://quantlabs.net/academy/new-course-building-python-algo-trading-system-with-bitcoin-an-crypto-currency-focus/

 

A countdown is underway!

 

Just a reminder of topics and videos included below

Buy Now
I thought I would do my first LIVE stream on Youtube. I am hoping to build a Python infrastructure using the instruction of Python book from QuantStart. Let’s see what happens
The first version of the course outline. To see it’s full glory go here
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!