Tag Archives: Ernest Chan

Meet well-known algo trading expert Ernest Chan! Backtesting video course

I got this posted on my Facebook group recently:

Meet well-known algorithmic trading expert Ernest Chan at  Quantor!
His Backtesting video course is on the Quantor online educational.

Backtesting: complete online course

I am not sure if this course is unique to his own books or online courses. As for this new algo trading learning platform, it becomes another among many. There prices are fairly low but like many, they teach various techniques to build algo trading platforms and strategies. It seems like a race to the bottom among them including what I do. I do think that educational services will need to step up with real live trading communities. Not only that, they will need to also certify the results which will become an expectation.

As a the highly success marketing mentors tell me, I learn from, many want to see results not tools how to do it. As said, many will need to see certifiable trading results. This will become the next standard which means people will need to buy at high premium prices. This is the direction I plan to go.

Here is what I was working on lately if you missed it:

Let maximise our crypto currency asset class trading positions with portfolio optimization

This 15 (approx) minute video showcases my portfolio optimizer which I have shown before. Do realize this can be applied to any asset class. You can always search on my Youtube channel for ‘portfolio’ as hinted in this video. The idea here is to showcase you could triple your expected return by using the appropriate strategy type with proper optimally weighted positions. This is all shown in the video. I would say this is one of the biggest reasons to automate your strategy and trading. No human can do this if you were to allocate a higher number of positions across multiple asset classes for the day. You could even run this script every few hours if I wanted to allocate positions every X hours. I would have to feel pretty lucky to do that.

Look back matters among other parameters to consider

Do understand your analysis look back also matters depending on your overall asset class performance. As of now, crypto currency has taken a major beating so it might be wise lower the loopback to let’s say 7 days vs 30 as shown in the earlier part of the video.

Note that this can be used on any asset class based on the historical performance of standard open, high, low, and close market data. I use Binance exchange which only allows long only but could also include portfolio strategy methodology of Markovian Long/Short, Markovian market neutral, and Markovian Market Neutral.

Let me know what you think of this.

As usual, this will be part of the Quant Analytics service to enhance your profits so see below if interested
Thanks Bryan

 

Quant Analytics

 

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!

Dr. Ernest Chan is currently offering the online course Mean Reversion Strategies to a select number of traders and portfolio managers

This is being posted for a friend who I have a huge respect for:

 

“Dr. Ernest Chan is currently offering the online course “Mean Reversion Strategies” to a select number of traders and portfolio managers. This is an online workshop conducted in real-time through Webex. This workshop focuses on the theories and practical implementation of momentum strategies using MATLAB. Free MATLAB trial licenses will be arranged for extensive in-class exercises. No prior knowledge of MATLAB is needed, but some experience with programming is necessary. The math requirement assumed is basic college-level statistics.

  • Maximum number of attendees: 4.
  • Total hours: 14.
  • Fee: $1,890.
  • Suggested dates and times: May 21-23. 5:30-10pm ET. (Final dates and times by collective agreement.)
  • Registration:  ernest (a t > epchan.com  <– Note proper email editing which is really at his to avoid any spam bots
Course outline is available for download 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!

How to run a Quant Business by Ernest Chan posted (Powerpoint PPT presentation)

How to run a Quant Business by Ernest Chan posted (Powerpoint PPT presentation)
Our local Meetup had Ernest Chan do a presentation on how to run a quant business. Our local Meetup is meetup.com/quant-finance

More details about Ernie can be found at http://www.epchan.com/

File details are 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!

Talk with Ernest Chan: How to set up a Quant Business

Talk with Ernest Chan: How to set up a Quant Business

Hey everyone

I am really excited to let everyone know we are reaching over 180 members. If you got a question or comment for the Linked In group, please let us all know about it. Go here to share:

http://www.linkedin.com/groups/Quant-Matlab-C-C-Java-3427378?goback=%2Eanp_3427378_1309291223914_1

Also, if you are local to Toronto, Canada, I do have a Meetup group here at http://www.meetup.com/quant-finance. Our next Meetup will be on Saturday Jul 16 with Ernest Chan talking about how to set up a Quant business. More info here:
http://www.meetup.com/quant-finance/events/22964161/

Lastly, I also wanted to let you know about my latest endeavours with a new service I am working here at QuantLabs.net. I have new trial memberships available for my equity quant models to showcase reports for the hottest stocks found on American and British exchanges. I am also tracking some commodities as well. Please visit http://quantlabs.net/ for more info. Note: Don’t worry about submitting your email address as I do NOT release it to no one.

Thanks and hope to hear from you soon!
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!

How to run a Quant Business: Ernest Chan talk

How to run a Quant Business: Ernest Chan talk

In Toronto !

We are doing a weekend session due to Ernie’s schedule. It will be Saturday July 16 at 2pm. He will talk about how to run a Quant Business.

More details on the speaker at

epchan.com

He is fairly well known in the quant world so I am very honoured to have him speak to our group.

It will be in Room 1 upstairs from the main desk as you walk in.

$3-$5 is asked for donation to cover expense of room rental.

Check it out!

P.S. You have a month’s notice to rearrange your schedule. You really don’t want to miss this rare opportunity!

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!

How to be a profitable trader according to Ernest’s Chan Quantitative Trading (build an algo trading business)

How to be a profitable trader according to Ernest’s Chan Quantitative Trading (build an algo trading business)

I finished this book by Ernest P Chan who wrote Quantitative Trading: How to Build Your Own Algorithmic Trading Business
This will hopefully be the last of the books I look at for a while. I have looked at so many books about .NET, C++, Java, etc I feel like I am becoming a library.
Anyhow, the author Ernest Chan is a local boy from Toronto who seems to make a name for himself in Quant scene. He also has a PHD from Cornell University. You cannot knock him on that but his view point’s seems to make it sound like a PHD won’t make you any better of an indie trader. I don’t think swing traders and day traders need to apply at this since quant trading is totally different from fundamentals. We are not talking about pushing buttons on red down and green up arrows.
Ernest has brought about some interesting topics I am a little unknown which of course. This includes the Sharpe Ratio, Kelly Formula, and others. He also focuses on Matlab quite a bit for developing backtests and models and strategies. He offers some in his book as examples
This is the closest book I have come across for launching an indie business for a trader who wants to focus on quant. The only dilemma I have with this book it is very high level and does not go into much detail in certain sections. Of course, you can always use Google to expand your research on the topic you need to know about. As said, his book is really good at describing how the real world works within Quant and how strategies and models are ever so important to build profitable trades and orders.

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!