Tag Archives: cons

Dedicated trading server VPS/VM pros vs cons

 

Dedicated trading server VPS/VM pros vs con

A great video from Futures.IO

Thanks to someone important who posted this on my Facebook programming group

NOTE: I just looked at around for various options. IBM/Softlayer is very expensive so that is not worthy. AWS is not an option but Speedy looks decent if you don’t mind your services run on Windows. As explained in the video, it sounds like they are secure with no breaches.

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Download Powerpoint and video on Algo or Automated Trading Pros and Cons

Download Powerpoint and video on Algo or Automated Trading Pros and Cons

Get the Powerpoint here while video is below CSTA

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Online CSTA preview talk on benefits automated trading

Monday, Nov 9, 2015, 8:00 PM

GotoMeeting Webinar online
GotoMeeting Webinar online Toronto, ON

3 Researching Traders Went

I will doing this online Meetup who cannot make my speech on Wed Nov 11 in Oakville with the Canadian Securities of Technical Analysts. I will preview this talk with the benefits of automated trading. Do realize this will be a lengthy in the neighborhood of 1-1.5 hours.

Check out this Meetup →

Online CSTA preview talk on benefits automated trading

Monday, Nov 9, 2015, 8:00 PM

10 Members Went

Check out this Meetup →

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 R? The pros and bad cons

Why R? The pros and bad cons

Here it mentions performance and memory as the cons. From my experience, what happens when your R packages you depend get of synch or even abandonded. Or what about the R version splintering when some your R packages no longer work?

http://www.infoworld.com/article/2940864/application-development/r-programming-language-statistical-data-analysis.html

Just remember open source and free comes at a cost including your productivity and how fast your get your trading solution to market

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NY Times Columnist and tastytrade Discuss Pros & Cons of Active Trading aka High Speed Automated Trading

NY Times Columnist  and tastytrade Discuss Pros & Cons of Active Trading aka High Speed Automated Trading

Thanks to the NYC Contact for highlighting this

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Pro and cons on of Paul Wilmot views of math and computing in the world of quant finance

Pro and cons on of Paul Wilmot views of math and computing in the world of quant finance

I am confused on the messaging of these videos. Paul Wilmot pretty well launched the world ofquant from my point of view. His books are like bibles.Lots of math and the like. He then launches his CQF which has become a huge money machine with C++ topics.

When you watch these videos? He says computers have no place in finanace? WTF? You just put out a huge series of books which need computing power to get the job done. I understand his point that people need to understand the logic of the math. I get that which is crucial but the computing thing I am confused about.
Maybe its my bad spelling, non PHD, or just plain ignorance. But seriously? WTF?

P.S. I would love to use the logo of CQF but I don’t need any more lawyers letters thank you. Fitch and their ilk can stick it.

P.P.S. Man this guy contradicts himself but gladly takes your money off his site. In other words, he bites the hand that feeds him. It kind of reminds me where Carlos Escobar (world’s largest cocaine dealer in history) whines about that there is a drug problem and it needs to stop! I hope he is joking what is said in this video below!

 

Update:

[12:36:11 PM] Bryan Downing: from dominic connor on this posting

ttps://www.quantnet.com/threads/paul-wilmott-most-quants-are-stupid.4117/
[12:36:13 PM] Bryan Downing:  The idea was meant as a joke, even now to most ‘real’ people the idea that you can make a good living buying and selling standard deviations is really not obvious. Many of us here will go to even less intuitive areas of finance.

https://www.quantnet.com/threads/paul-wilmott-most-quants-are-stupid.4117/

Did the lawyer’s get to this posting?

http://quantapology.blogspot.ca/2012/04/are-most-wilmotts-stupid.html

 

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Quant analytics: Pros and cons of k-means and k-means++ algorithm? also provide me the implementation of these two algorithm?

Quant analytics: Pros and cons of k-means and k-means++ algorithm? also provide me the implementation of these two algorithm?

 

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The basic k-means approach has been faulted for the placement of the initial cluster seeds and a number of researchers have demonstrated circumstances under which the default procedure will produce a sub-optimal cluster solution.

To address this, a number of alternative methods (including k-means++) have been proposed to generate initial seed placements that yield more optimal cluster solutions.

As for “pros” & “cons”… the “pro” is a more optimal cluster solution (although how much ‘more optimal’ varies greatly depending on your data)… the “con” is the additional effort required.

A nice overview & comparison of 11 different k-means seeding techniques on 9 different data sets can be found here (and k-means++ is method 10):
http://www.public.iastate.edu/~apghosh/files/IEEEclust2.pdf

 

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Outlook for high frequency trading in 2012 * The Rise of high frequency trading * Pros and cons of high frequency trading

Outlook for high frequency trading in 2012 * The Rise of high frequency trading * Pros and cons of high frequency trading * The drive for liquidity and low latency * Moving to other asset classes

http://www.dofonline.co.uk/content/view/5907/116/

In this article, we address:

* The Rise of high frequency trading
* Pros and cons of high frequency trading
* The drive for liquidity and low latency
* Moving to other asset classes
* Impact of regulation

==

 

http://www.dofonline.co.uk/content/view/5907/116/

 

Thanks, that was an interesting read. I am keen to see how regulators will address flash crashes during 2012 (am I correct in thinking these are also referred to as ‘Black Swans’?)

For me the most attention-grabbing point was the drive to co-locate to improve latency. This is certainty something I am seeing demand for in the market and there is a clear trend forming, the larger exchanges are making strategic acquisitions enabling them to provide co-location services.

 

 

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Man vs machine: Pros and Cons of High Frequency Trading and High Speed Trading cnbc.com

Man vs machine: Pros and Cons of High Frequency Trading and High Speed Trading cnbc.com

The two essential elements of high-frequency trading are an algorithm that can accurately identify a pricing mismatch or trading opportunity, and trading systems that are lightening fast—trading speeds are measured in…

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Even in medium speed trading, one great example is constant range bars. Fabulous for trading but difficult for a human because you never know when the bar is going to close. A human has a hard time maintaining focus, whereas a machine is ever vigilant.

 

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White paper on the pros and / or cons of high frequency trading for hedge funds or a piece of litterature covering the subject

Could someone guide me to a white paper on the pros and / or cons of high frequency trading for hedge funds or a piece of litterature covering the subject

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http://www.cis.upenn.edu/~mkearns/papers/hft_arxiv.pdf
Good paper, conclusion is that hype is bigger than profit.

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With respect to your specific question, I don’t think HFT is a good match for hedge funds. Hedge funds provide investment capital, but HFT really doesn’t require much capital as the positions are held for only a short amount of time. HFT is more suitable for prop firms that are willing to make a significant investment in technology, very fast DMA, low latency data and most importantly good man power to generate strategies/algorithms that can consistently compete in a tight market place.

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many hft strategies only work at institutions with a large retail customer base an they make money by front running the customers. It has to be worrying when every bank and hf in the world is moving into the space usually signals that the party is coming to an end

 

 

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Does anyone have experiences on ANFIS for intraday trading?

Does anyone have experiences on ANFIS for intraday trading? What are pros and what are cons? I think this methodology may be suitable for not very High- frequency trades (in minutes frequency).

 

• I have a lot of experience with ANFIS, but like any tool, you need to have an appropriate problem for it solve, in a ‘robust’ way. Rather than simply deriving outputs from various inputs, you should understand what is driviing price behaviour and see what alternative methods can be used, as well as used as a bench mark against performance of an ANFIS model.

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Yes, I agree with you that you must have a preprocessed and preselected inputs. I am not a big fan of Neural Network with many inputs. My questions are, for a trading strategy try to catch 1 minutes to 15 minutes momentum, what should I pay more attentions, member functions? or optimizations for weights? I personally have been using econometric models for median frequency trading. However, to expand to more areas and capacities, I am looking at more technical tools. Do you have any advices? Thanks a lot.

 

 

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